More on MasterCard (MA) Q1: Net income +21% to $682M as processed transactions rise 29% to...

|About: MasterCard Incorporated (MA)|By:, SA News Editor

More on MasterCard (MA) Q1: Net income +21% to $682M as processed transactions rise 29% to $7.7B, the "highest quarterly growth rate since" MasterCard's IPO in 2006. Lucrative cross-border volumes +18%, indicating that foreign-travel spending is holding steady. Operating costs +14% to $758M. Shares -1.3%.