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	<title>Stock Blog Hub &#187; Visa</title>
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		<title>(SNDA) IPOs Heating Up Markets</title>
		<link>http://www.stockbloghub.com/2009/09/23/snda-ipos-heating-up-markets/15896</link>
		<comments>http://www.stockbloghub.com/2009/09/23/snda-ipos-heating-up-markets/15896#comments</comments>
		<pubDate>Wed, 23 Sep 2009 19:56:00 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Shanda Interactive Entertainme]]></category>
		<category><![CDATA[SNDA]]></category>
		<category><![CDATA[V]]></category>
		<category><![CDATA[Visa]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15896</guid>
		<description><![CDATA[by Martin Denholm, Senior Editor What would you do with $3.5 billion? While you decide between a luxury beach house on your own private island in the South Pacific, or a Swiss-style log cabin in the Alps, Corporate America is mulling over an option that isn’t nearly as sexy, but is hugely important. Pumping some of it into the IPO market. Today kicks off a busy week, in which eight deals are on the table, worth a combined $3.5 billion. Among them is Chinese media firm, Shanda Interactive (Nasdaq: SNDA), which has raised $725 million to spin off its Shanda games division. Eight deals in a week – the most since December 2007 – evokes memories of the heady days of the mid 2000s when companies were falling over themselves ]]></description>
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		<title>(DFS) Discover Financial Services Surpasses Forecasts</title>
		<link>http://www.stockbloghub.com/2009/09/18/dfs-discover-financial-services-surpasses-forecasts/15623</link>
		<comments>http://www.stockbloghub.com/2009/09/18/dfs-discover-financial-services-surpasses-forecasts/15623#comments</comments>
		<pubDate>Sat, 19 Sep 2009 00:58:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[DFS]]></category>
		<category><![CDATA[Discover Financial Services]]></category>
		<category><![CDATA[MA]]></category>
		<category><![CDATA[Mastercard Incorporated]]></category>
		<category><![CDATA[V]]></category>
		<category><![CDATA[Visa]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15623</guid>
		<description><![CDATA[Discover Financial Services’ (DFS) third quarter (ended Aug. 31, 2009) earnings came in at $1.07 per share, substantially ahead of the Zacks Consensus Estimate. This compares to earnings of 37 cents per share in the prior-year quarter. The results were bolstered primarily by an antitrust lawsuit settlement and cost containment measures. The antitrust lawsuit, which claimed that Visa (V) and MasterCard (MA) harmed Discover’s business by preventing their member banks from issuing credit cards for Discover’s network, contributed $287 million (after-tax) to Discover’s earnings. Net income available to common stockholders came in at $559.4 million, compared to $209.2 million in the prior quarter and $180.1 million in the prior-year quarter. Managed revenue net of interest expense increased 14.5% sequentially and 45.6% year-over-year to $2.4 billion. Provision for loan losses on ]]></description>
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		<title>(MA) Volume Declines Ease at MasterCard</title>
		<link>http://www.stockbloghub.com/2009/09/17/ma-volume-declines-ease-at-mastercard/15423</link>
		<comments>http://www.stockbloghub.com/2009/09/17/ma-volume-declines-ease-at-mastercard/15423#comments</comments>
		<pubDate>Thu, 17 Sep 2009 19:05:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[MA]]></category>
		<category><![CDATA[Mastercard Incorporated]]></category>
		<category><![CDATA[V]]></category>
		<category><![CDATA[Visa]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15423</guid>
		<description><![CDATA[MasterCard Inc. (MA) recently said that processed volume in the U.S. declined less in July and August than in the second quarter of 2009. This reflects a rebound from the gloomy days of the financial crisis and reinforces sentiment that the payment industry is stabilizing. U.S. processed volume fell about 8% in July and August compared with a year ago. In the second quarter, processed volume declined 9.7%. The decline in July and August was driven by fewer credit card transactions, partially offset by higher use of debit cards. On Monday, Visa Inc. (V), the world&#8217;s largest payment network, also noted the same trend with its US payment volume falling less in August than in July as more consumers used their debit cards. MasterCard&#8217;s cross-border volume dropped about 1% in ]]></description>
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		<title>(V) Visa Completes Legal Settlement by Prepaying US Merchants</title>
		<link>http://www.stockbloghub.com/2009/09/01/v-visa-completes-legal-settlement-by-prepaying-us-merchants/14044</link>
		<comments>http://www.stockbloghub.com/2009/09/01/v-visa-completes-legal-settlement-by-prepaying-us-merchants/14044#comments</comments>
		<pubDate>Tue, 01 Sep 2009 16:54:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[DFS]]></category>
		<category><![CDATA[Discover Financial Services]]></category>
		<category><![CDATA[V]]></category>
		<category><![CDATA[Visa]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14044</guid>
		<description><![CDATA[Visa Inc. (V) on Monday said it would prepay $682 million to complete a major legal settlement with US merchants in order to get a discount of more than $100 million. The company will make the transaction either on Sept. 30 or the business day after the court order, whichever is later. The prepayment will wipe out the $800 million it still owes through 2012. In 2003, the settlement ended a class action lawsuit against Visa and MasterCard Inc. (MA) that accused them of conspiring to fix prices and restrict trade. Visa has agreed to pay $2 billion over a period of 10 years, in equal annual installments of $200 million. Visa is the de facto leader in payments, facilitating one out of every two card-based payments globally. Though over ]]></description>
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		<title>(V) Visa Inc. &#8211; number of cards carrying the Visa brand increased 6% to 1.7 billion</title>
		<link>http://www.stockbloghub.com/2009/08/10/v-visa-inc-number-of-cards-carrying-the-visa-brand-increased-6-to-1-7-billion/12218</link>
		<comments>http://www.stockbloghub.com/2009/08/10/v-visa-inc-number-of-cards-carrying-the-visa-brand-increased-6-to-1-7-billion/12218#comments</comments>
		<pubDate>Tue, 11 Aug 2009 02:34:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[V]]></category>
		<category><![CDATA[Visa]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=12218</guid>
		<description><![CDATA[Visa Inc. (V) reported solid second-quarter results on July 29 that better than expectations, pushing the company&#8217;s share price back to its 6-month high. Second-Quarter Results Sales were up 2.5% from last year to $1.65 billion. Earnings came in at 67 cents per share, 3 cents ahead of the Zacks Consensus Estimate. Visa has surprised in each of the last 4 quarters by an average of 7 cents, or 10%. The company noted that the number of cards carrying the Visa brand increased 6% to 1.7 billion. Visa did note however that its payment volumes contracted by 5%, hurt by the weak economy. Estimates Up After the solid quarter, estimates ticked higher. The current year added 5 cents, climbing to $2.89 per share. The next-year estimate is bullish, pegged at ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(V) Visa, Inc. &#8211; Momentum &#8211; Zacks Rank Buy</title>
		<link>http://www.stockbloghub.com/2009/06/24/v-visa-inc-momentum-zacks-rank-buy/8848</link>
		<comments>http://www.stockbloghub.com/2009/06/24/v-visa-inc-momentum-zacks-rank-buy/8848#comments</comments>
		<pubDate>Wed, 24 Jun 2009 20:55:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[V]]></category>
		<category><![CDATA[Visa]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=8848</guid>
		<description><![CDATA[Visa, Inc. (V) is fresh off the heels of an impressive 6-month run in which its share price advanced from just above $41 to a recent high-water mark above $71. Estimates have risen in tandem, keeping valuations in check. Company Description Visa, Inc., through its subsidiaries, operates retail payment networks worldwide. The company was founded in 1958, went public in 2008 and has a market cap of $48 billion. Shares of Visa received a nice boost when the company reported strong second-quarter results in late April that were ahead of expectations. Second-Quarter Results Revenue was up 13% from last year to $1.6 billion. Income was up even more, coming in at $536 million against last year&#8217;s $314 million, producing earnings of 73 cents per share, 9 cents ahead of the ]]></description>
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		<title>(V) Visa, Inc &#8211; Aggressive Growth &#8211; Zacks Rank Buy</title>
		<link>http://www.stockbloghub.com/2009/05/06/visa-inc-aggressive-growth-zacks-rank-buy/6605</link>
		<comments>http://www.stockbloghub.com/2009/05/06/visa-inc-aggressive-growth-zacks-rank-buy/6605#comments</comments>
		<pubDate>Wed, 06 May 2009 20:58:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[V]]></category>
		<category><![CDATA[Visa]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=6605</guid>
		<description><![CDATA[Visa, Inc. (V) has yet to miss expectations since it first went public and analysts are rapidly raising estimates. Company Description Visa operates the world&#8217;s largest retail electronic payments network and is one of the most recognized global financial services brands. The company facilitates global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities. Another Strong Quarter Visa reported second-quarter results for fiscal 2009 on Apr 29. The report included earnings per share of 74 cents, topping the consensus estimate of 64 cents. Visa has beat expectations in all 5 announcements since the IPO in 2008. Operating revenue grew 13% on a year-over-year basis to $1.6 billion. International growth drove revenue higher and made up for slightly negative growth domestically. Double-Digit Growth ]]></description>
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