SubscribeAll Posts Tagged With: "VISA stock"
Global Investing Roundups
Visa and MasterCard Settle Up; Daimler’s Plant Closures; Apple’s Christmas Bargain; Johnson Controls’ Weak Outlook; Gas Prices Down 23% From July; U.S. Budget Deficit the Highest Ever; Pepsi Fizzles
- Visa Inc. (V) and MasterCard Inc. (MA) have settled an antitrust suit with Discover Financial Services Inc. (DFS) rather than go to trial, sending Discover shares up almost 13% yesterday (Tuesday). Discover had filed a lawsuit against the two credit card processors seeking $6 billion in damages. The suit alleged that MasterCard and Visa prevented member banks from issuing Discover cards, Reuters reported.
- Daimler AG (DAI) yesterday (Tuesday) announced it would cut 3,500 jobs and close two…
Visa IPO: First-day jitters and jumps
Weeeeeeeeeeee! — that would be the sound of Visa’s stock sliding from it’s opening high of $68 this morning to current levels around $58.
If you managed to grab Visa (V: NYSE) at its pricing last night, congratulations. You’ve already seen a 31% gain.
But if you’re like the rest of us shlubs and had to sit on the sidelines while Visa drew in a U.S. IPO record of $17.9 billion with a pricing of $44 per share ($2 above its original range of $37 – $42), I hope you were able to buy into the stock when it fell $10 from…
20Mar2008 | Stephanie Grimmett | Comments Off | Continued
Loading ...
