Mastercard Inc news

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MA 129.27 +0.80 (0.62%)
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Visa, MasterCard, banks in $7.25 billion retail settlement
NEW YORK Visa Inc, MasterCard Inc and banks that issue their credit cards have agreed to a $7.25 billion settlement with U.S.
Visa, MasterCard in $6B settlement over card fees  CTV.ca
Visa, MasterCard lose $6 billion in lawsuit  Emirates 24/7
Mastercard Reports Q2 Earnings On August 1
Mastercard Incorporated (NYSE:MA) is scheduled to report its Q2 2012 results on August 1, 2012, before market opens. The street expects EPS and revenue of $5.58 and $1.88B, respectively.
Retail groups want right to refuse premium credit cards
The dispute stretched back to 2005. MasterCard defended its current fee structure as part of its “commitment to consumer protection.
Local merchants not crazy about swipe fee deal  CNNMoney
Retailers, Not Consumers, Swipe Victory in Credit Card Fee Settlement  U.S. News & World Report
America's best and worst boards
In a group of 25 companies whose boards were stronger than the consultancy expected given the company's size - including MasterCard Inc and Rockwell Automation Inc - their shares rose 29 percent over the past five years. That outpaced the 16 percent ...
US wins WTO case over China bank card monopoly
With CUP enjoying a monopoly, firms such as Visa Inc (V.N), Mastercard Inc (MA.N) and American Express (AXP.N) were restricted to foreign currency transactions.
Wal-Mart Rejects Credit Card Fees Settlement
According to Reuters, the $7.25 billion class-action lawsuit between the two biggest credit card companies and major retailers was created to resolve stores' claims that Visa and MasterCard conspired with major banks to fix swipe fees. The lawsuit is ...
Wal-Mart asks retailers to reject swipe fee deal  CNNMoney
Travellers: Not all debit cards are created equal
Bank of Montreal reports that its clients have been able to make debit transactions abroad for the past 15 years using MasterCard's Maestro network. The multiple payment networks the banks are offering may sound confusing, but they're really not ...
Earnings Preview: Visa Reports Earnings On July 25
Visa, Inc. (V) is scheduled to report its Q3 2012 results on July 25, 2012, after the bell. The street expects EPS and revenue of $1.45 and $2.52B, respectively.
Visa and MasterCard's Macro Strengths Haven't Gone Anywhere
The U.S. consumer is in a bit of a pickle. Jobs are not particularly easy to come by - the June jobs report showed unemployment sticking at 8.2% and only 80,000 new jobs created for the month - and the economy remains sluggish.
Antitrust: Commission sends supplementary statement of objections to Visa
The Commission's analysis follows closely the judgment of the EU General Court of May 2012 in the MasterCard case, which fully upheld the Commission's findings in this respect (case T-111/08).