| From: Sr K | 12/26/2018 1:48:39 PM | | | | | | Mastercard (MA) the credit-card giant, Wednesday said that from before Thanksgiving to Christmas overall retail spending, across all payment types including cash and check, rose 5.1% year-over-year to more than $850 billion.
The holiday-season retail sales increase was the largest year-over-year gain in the last six years. Online shopping sales in 2018 rose 19.1% year-over-year, compared with 2017. |
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| From: JakeStraw | 1/9/2019 11:28:35 AM | | | | | | | Mastercard was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating. They now have a $226.00 price target on the stock, up previously from $206.00. |
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| From: JakeStraw | 1/31/2019 3:31:11 PM | | | | | | Mastercard Incorporated Reports Fourth-Quarter and Full-Year 2018 Financial Results
s2.q4cdn.com
• Fourth-quarter net income of $0.9 billion, or $0.87 per diluted share
• Fourth-quarter adjusted net income of $1.6 billion, or $1.55 per adjusted diluted share
• Fourth-quarter net revenue of $3.8 billion, or an increase of 15%
• Fourth-quarter gross dollar volume up 14% and purchase volume up 15% |
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| From: JakeStraw | 2/7/2019 9:29:58 AM | | | | | | Mastercard Names Paul Stoddart President of New Payment Platforms
marketwatch.com
In this role, Stoddart will oversee the development and strategic integration of Mastercards real-time payments capabilities beyond traditional card-based solutions. |
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| From: JakeStraw | 3/13/2019 8:10:03 AM | | | | | | Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud
businesswire.com
“Advancements in technology are enabling us to transform the experience for our customers,” said Ajay Bhalla, president of cyber and intelligence solutions for Mastercard. “Ethoca is a strong addition to our multilayered cyber strategy, helping customers take immediate action against fraud and eliminate chargebacks before they can occur. In turn, consumers are provided with a better checkout experience every time they shop at a participating site.” |
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