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INX:V, Jan 21, 04:52 UTC

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See what the IHS Markit Score report has to say about Visa Inc.

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See what the IHS Markit Score report has to say about Visa Inc. MarkitJanuary 21, 2019, 1:06 PM GMT. Short interest is moderately high for V with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 17. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.

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  • Financial

Friday, January 18


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Olstein Capital Management L.P. Cuts Holdings in Visa Inc (V) – Fairfield Current

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Olstein Capital Management L.P. lessened its stake in Visa Inc (NYSE:V) by 7.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The company has a market capitalization of $277.02 billion, a P/E ratio of 29.78, a PEG ratio of 1.50 and a beta of 1.06. In other Visa news, EVP William M. Sheedy sold 99,636 shares of the company’s stock in a transaction that occurred on Friday, November 2nd. Finally, Wells Fargo & Co raised their price objective on shares of Visa from $161.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, October 1st.

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Wednesday, January 16


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UK consumer spending falls by most in eight months in December - Visa

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(Reuters) - British consumer spending fell at its fastest annual rate in eight months in December, reflecting weaker economic confidence as the country moved nearer to its planned departure from the European Union, Visa payment card data showed on Wednesday. A surge in spending at bars and restaurants was insufficient to stop overall consumer spending last month dropping 1.0 percent from its December 2017 level. Robust consumer spending boosted Britain's overall economic growth over the summer, helped by unusually warm weather and extra spending linked to the football World Cup. But there have been widespread signs of a consumer slowdown since, removing support from the economy just as exporters face the knock-on effect from U.S.-China trade tensions and a softer world economy, on top of Brexit uncertainty. "The sustained fall in expenditure throughout the fourth quarter of 2018 coincides with a marked drop in consumer confidence, as uncertainty around the UK's impending exit from the EU continues to dampen sentiment," said Annabel Fiddes, an economist at IHS Markit, which compiles the data for Visa.

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Tuesday, January 15


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Visa Champions Female Entrepreneurs in 2019

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Next phase of multi-million dollar marketing campaign – “Money is Changing” – to feature real female business owners. As part of its ongoing commitment to support female entrepreneurs, Visa (NYSE:V) is launching a global initiative – She’s Next, Empowered by Visa – to encourage women small business owners as they build, sustain and advance their businesses. The global rate of female entrepreneurship has been increasing more quickly than that of male entrepreneurs,1 with more than 163 million women around the world starting a business since 20142. That is why Visa is committed to empowering women business owners through a year-long program of education, cutting-edge digital payment technology and a powerful peer network,” said Suzan Kereere, global head of merchant sales & acquiring, Visa. From streamlining payment methods to linking women small business owners with like-minded peers and experts, Visa and FFC will together offer unmatched resources and opportunities for female entrepreneurs.

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Monday, January 14


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Can Visa (V) Keep the Earnings Surprise Streak Alive?

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Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? The company boasts an average surprise for the past two quarters of 5.97%. For the last reported quarter, Visa came out with earnings of $1.21 per share versus the Zacks Consensus Estimate of $1.20 per share, representing a surprise of 0.83%. For the previous quarter, the company was expected to post earnings of $1.08 per share and it actually produced earnings of $1.20 per share, delivering a surprise of 11.11%. Price and EPS Surprise. For Visa, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change.

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See what the IHS Markit Score report has to say about Visa Inc.

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See what the IHS Markit Score report has to say about Visa Inc. MarkitJanuary 14, 2019, 1:03 PM GMT. Short interest is moderate for V with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 10. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.

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News

China is still reportedly dragging its feet in opening its market to Visa, Mastercard

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China is still reportedly dragging its feet in opening its market to Visa, Mastercard. The moves came as complaints about unequal access for foreign players in the country escalated trade tensions between the U.S. and China. But amid ongoing negotiations, not many foreign companies have gotten full access to the massive Asian market yet. On Monday, the Financial Times reported, citing two sources, that the People's Bank of China has not yet formally acknowledged applications from Visa and Mastercard to process yuan payments. On Friday, Xiao Yuanqi, spokesperson for the China Banking and Insurance Regulatory Commission said China will consider further opening up of its financial markets and would like foreign firms to set up branches, invest in China and bring in professionals and technologies, according to a report from state news agency Xinhua. However, critics would note lack of foreign access in the bank card industry is just one of many promises China has yet to live up to since joining the World Trade Organization in 2001.

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Friday, January 11


News

Square's head of product joins Visa to head seller solutions

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Square's head of product joins Visa to head seller solutions. (Reuters) - Visa Inc (V.N) on Friday said https://usa.visa.com/visa-everywhere/blog.entry.html/2019/01/11/mary_kay_bowman_join-lrU0.html Mary Kay Bowman will join as head of the business that is tasked to attract more customers to use the world's largest payments network. Bowman joins from Square Inc (SQ.N), where she was head of product. Payments processing companies such as Visa and Mastercard (MA.N) have been facing headwinds from digital payments companies, like Square and PayPal Holdings Inc (PYPL.O) which have blossomed in the midst of a fintech boom in the U.S. Square, which is led by Twitter (TWTR.N) CEO Jack Dorsey, has been one of the top companies in the fintech arena that have been giving bigger payment processors a run for their money and is re-orienting itself to become more small merchant-friendly.

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Why Visa Stock Gained 16% in 2018

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John Ballard, The Motley FoolMotley FoolJanuary 11, 2019, 5:48 PM GMT. What happened. The stock took a dip toward the end of the year, along with the broader market, but it was a solid year of operating results for the No. Visa's strong results continue to point to a substantial long-term opportunity to tackle the 90% of global transactions that are still done in cash, check, and legacy Automated Clearing House (ACH). What's more, with its pole position in the payments industry, Visa stands to benefit from the growth of mobile payments, as Apple, PayPal Holdings, Alphabet, and other digital wallet providers choose to partner with established payment providers like Visa instead of competing with existing credit card networks. The Motley Fool owns shares of Visa and has the following options: long January 2020 $150 calls on Apple, short January 2020 $155 calls on Apple, and short January 2019 $82 calls on PayPal Holdings.

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Square loses head of product to Visa

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Mary Kay Bowman, Head of Product at Square is going to Visa to be new head of seller solutions, reporting to Chief Product Officer Jack Forestell. Bowman's departure from Square comes just months after Dorsey lost key deputy and CFO Sarah Friar, regarded by Wall Street as a "rockstar CFO." She came from Amazon, where she spent more than a decade on the tech giant's payments team. Square may be losing key executives but it's also hiring new ones.

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