Visa Inc. Class A (V)
Visa settles Discover unit's antitrust lawsuit over debit card network
Discover Financial Services unit Pulse Network has agreed to settle a lawsuit in Texas accusing Visa of obstructing competition in the multibillion-dollar debit card network services market, causing merchants to pay higher fees.
Lawsuits claim PornHub, Visa and hedge funds profited from child abuse
Eleven people who allege videos or images of their sexual abuse as minors were uploaded to PornHub have filed lawsuits in California federal court against the company, Visa and two hedge funds over claims they knowingly profited from the content, court records show.
Visa (V) Enhances SavingsEdge for Small Business Cardholders
Visa (V) upgrades its SavingsEdge program, thus offering enhanced features and new merchant deals to boost savings for Small Business cardholders. This move is expected to promote the widespread uptake of V-branded payment products.
Visa, Mastercard $30 Billion Swipe-Fee Settlement Likely To Be Tossed
Shares of Visa (V) and Mastercard (MA) edged lower in intraday trading Friday, a day after a federal judge reportedly threw cold water on a proposed $30 billion settlement of a long-running lawsuit charging big credit card providers of limiting competition through fees on merchants.
Visa, Mastercard $30 billion fee settlement in peril
Visa's and Mastercard's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to reject the accord.
Naked woman in Philippines airport walks through security in fit over visa issue
A Vietnamese national who reportedly had issues with her visa when trying to leave the Philippines this past weekend ended up walking naked through airport security.
RTX Secures a $678M Contract to Aid AN/SPY-6(V) Family of Radars
RTX is set to exercise options for hardware production of the AN/SPY-6(V) family of radars.
Visa (V) Stock Slides as Market Rises: Facts to Know Before You Trade
Visa (V) closed at $275.04 in the latest trading session, marking a -1.3% move from the prior day.
Visa Remains Strong Amid Changes In Fintech
Visa, the largest payment services provider, faces an undervalued challenge from cryptocurrencies. While integrating crypto, Visa must carefully navigate its long-term future. Visa boasts exceptional profitability margins, with a net income margin over 50% and a gross margin over 97%. Its growth is less compelling than Block's, but Visa's stability is attractive. Visa is ~50% overvalued based on my DCF model, which is common for such companies. It is likely fairly valued when comparing its P/E GAAP ratios to competitors and historically.
Is Visa Stock a Buy?
Thanks to the rise of cashless transactions, Visa has posted healthy revenue growth over a long period. The company's industry position is solidified due to its powerful network effects.
UK Tribunal Allows Class Action Lawsuits Against Visa, Mastercard
Visa and Mastercard are facing new lawsuits over multilateral interchange fees. The United Kingdom Competition Appeal Tribunal ruled Friday (June 7) that collective proceedings — which are similar to class action lawsuits in the United States — brought on behalf of merchants can proceed, Reuters reported Friday.
WU or V: Which Is the Better Value Stock Right Now?
Investors interested in Financial Transaction Services stocks are likely familiar with Western Union (WU) and Visa (V). But which of these two stocks offers value investors a better bang for their buck right now?
