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MasterCard Incorporated (MA)

- NYSE
  • Dec. 18, 2010, 1:40 PM
    Bank of America (BAC) joins PayPal (EBAY), MasterCard (MA) and others in cutting ties with WikiLeaks. The decision may open BofA's site up to attack from pro-WikiLeaks hackers, but may also be a defensive move as many believe WikiLeaks is planning a major data dump that will embarrass BofA.
    | 27 Comments
  • Dec. 17, 2010, 9:31 AM
    The pro-WikiLeaks hackers who attacked Amazon (AMZN) and other companies are virtually untouchable by U.S. prosecutors. Charging them would require extradition, location of the infected computers, subpoenas for multiple ISPs, and so on. Given these hurdles, the government may just treat the hacks 'as graffiti.'
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  • Dec. 17, 2010, 9:24 AM
    The Fed's set of new debit card restrictions on swipe fees was much more aggressive than expected, but the market's takedown of Visa (V) and MasterCard (MA) yesterday may prove too harsh, Heard On The Street says. The Fed's plans aren't final, and a fierce lobbying and public relations battle is certain to begin in an atmosphere of growing unease with the Fed.
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  • Dec. 17, 2010, 8:11 AM
    Goldman weighs in on the dumping of Visa (V) and MasterCard (MA) shares late yesterday: "While we think that the market sell-off is overdone, we acknowledge that the near-term uncertainty on signature exclusivity keeps the wall of worry on these stocks in place until the final rules are made available in April 2011."
    | 3 Comments
  • Dec. 16, 2010, 4:05 PM
    Market recap: Stocks moved higher as a series of upbeat economic reports (I, II, III) and a positive outlook from bellwether Federal Express gave investors cause for optimism. Visa and MasterCard were hit late by the Fed's proposed new rules that will hit earnings associated with swipe fees. Demand for Treasurys rose, pushing the 10-year yield down to 3.48%. NYSE advancers led decliners more than two to one.
    | 2 Comments
  • Dec. 13, 2010, 10:43 AM
    Noting the WikiLeaks hackers' limited success so far in crashing sites, investors should "buy every dip" on Amazon (AMZN) and eBay (EBAY) that's based on any resurgent attack rumors, says Formula Capital. It also recommends Cisco (CSCO), given it offers technology to fight these denial of services assaults.
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  • Dec. 9, 2010, 4:59 PM
    PayPal (EBAY) is on guard against hackers looking to crash its site after it cut ties with WikiLeaks. On Wednesday, hackers hit Visa (V) and MasterCard (MA), then unsuccessfully tried to bring Amazon (AMZN) down on Thursday. After they reportedly threatened PayPal, the company said it will more closely screen new developers.
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  • Dec. 9, 2010, 8:02 AM
    MasterCard (MA) will pay $458M for the prepaid card program management unit of UK-based forex group Travelex. MasterCard will tack on another $55M if certain performance goals are met. (PR)
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  • Dec. 8, 2010, 4:24 PM
    Score another win for hackers supporting WikiLeaks' Julian Assange, apparently taking down the Visa (V) website after crashing the MasterCard (MA) site earlier today. "It's down!" Operation Payback exults.
    | 20 Comments
  • Dec. 8, 2010, 9:26 AM
    Hackers have crashed the MasterCard (MA) website in apparent retaliation for the credit card company's blocking of donations to the WikiLeaks website. MasterCard says it is working to restore normal service. MA +1.2% premarket.
    | 13 Comments
  • Nov. 2, 2010, 9:20 AM
    Premarket gainers: ARTG +47%. BPI +15%. RDN +10%. MPEL +9%. NVMI +7%. PLG +7%. TSEM +5%. ABK +4%. LGND +4%. NBG +4%. MT +4%. MA +4%.
    Losers: MSPD -17%. MVIS -10%. ENR -9%. ESLR -8%. PCBC -8%. TRS -7%. CLX -7%. TLCR -5%. HK -5%. ADM -5%. SWI -4%. TLK -4%.
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  • Nov. 2, 2010, 8:13 AM
    MasterCard (MA): Q3 EPS of $3.94 beats by $0.40. Revenue of $1.4B (+4.7%) in-line. Shares +5.6% premarket. (PR)
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  • Nov. 2, 2010, 12:05 AM
    Notable earnings before Tuesday's open: ABC, ADM, AMSC, BBG, BP, CAB, CAM, CFN, CLX, CVLT, DGI, DTG, EME, EMR, EMS, EXPD, FDP, GAS, GET, GWR, HAR, HCP, IPXL, JOE, K, KDN, MA, MD, MHS, MLM, MMP, MPEL, MRO, NEM, NUS, NYX, OSG, OZM, PFE, PRGO, RBA, RDC, SHOO, SPR, TEVA, THC, TLM, UAM, VNO, VSH, WST
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  • Oct. 26, 2010, 12:13 PM
    Maybe the most notable thing about Warren Buffett's (BRK.A) heir apparent Todd Combs is that in the crisis, he's dodged so many disasters: At no point was his fund long on AIG, Lehman, Bear Stearns, Citigroup (C), WaMu, Countrywide, Fannie (FNMA.OB) or Freddie (FMCC.OB). A full 57% of Combs' long positions were in the fund's top 10 holdings, including: USB, MA, STT, WU, CME.
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  • Oct. 5, 2010, 3:27 PM
    Visa (V +2.3%) and MasterCard (MA +1.4%) shares rise after settling with the Justice Department in its investigation of anti-competitive practices in the card business, and American Express (AXP -2.1%) sinks again as analysts are pessimistic about its chances of success in winning the fight. Meredith Whitney endorses V and MA, not AXP.
    | 1 Comment
  • Oct. 4, 2010, 3:13 PM
    American Express (AXP -7.1%) accelerates its slide as battle positions harden in the standoff with the Justice Department. AG Eric Holder cites AXP as having "the most restrictive merchant rules and the highest fees in the card business," preventing merchants from offering rebates and discounts for using Visa (V +0.2%) and MasterCard (MA -1%), effectively holding consumers “hostage."
    | 9 Comments
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Company Description
MasterCard Inc is a technology company in the payments industry that connects consumers, financial institutions, merchants, governments and businesses, enabling them to use electronic forms of payment instead of cash and checks.
Sector: Services
Country: United States