credit cards

Consumers’ wallets should get some relief if the Federal Reserve lowers rates this week, but it won’t be a huge help, according to Benjamin Ayers, senior economist with Nationwide Insurance (NASDAQ:NWFAX). “It should put some downward pressure on auto rates, mortgage rates, loan...

An analyst upgraded Bread Financial Holdings Inc (NYSE:BFH) and Synchrony Financial (NYSE:SYF) following improving credit conditions and the delay of a Consumer Financial Protection Bureau (CFPB) late fee rule. The Bread and Synchrony Analyst: Bank of America analyst Mihir Bhatia released a Friday...

As the stock market grapples with volatility, four major stocks—Visa Inc (NYSE:V), Macy’s Inc (NYSE:M), Yum! Brands Inc (NYSE:YUM), and Target Corp (NYSE:TGT) are signaling a concerning technical pattern known as the Death Cross. This ominous indicator typically signals potential downward...

Shares of Mastercard Inc (NYSE:MA) remained under pressure on Thursday, despite the company reporting upbeat second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Mastercard Analyst Will Nance maintained a Buy rating, while...

Visa Inc (NYSE:V) shares tanked in early trading on Wednesday, after the company reported its fiscal third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Visa Analyst Arvind Ramnani maintained an Overweight rating while...

Visa, Inc. (NYSE:V) reported its third-quarter financial results Tuesday. Here's a look at the key figures from the report.  The Details: Visa reported quarterly earnings of $2.42 per share which met the analyst consensus estimate. Quarterly sales came in at $8.9 billion, missing the analyst...

Goldman Sachs analyst Ryan M. Nash maintained American Express Co (NYSE:AXP) with a Buy and raised the price target from $263 to $270. American Express reported mixed fiscal 2024 second-quarter results, with an EPS beat driven by a lower provision while Pre-provision Net Revenue...

With Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA) set to report their quarterly earnings later this month, Wall Street is keenly observing the performance of these payment giants. Visa reports Q2 earnings on July 23 and Mastercard reports on July 31. Both stock are down about 5% over the past...

Editor’s note: This story has been updated to correct an error in the headline in the name of the company American Express. American Express Co (NYSE:AXP) will report its second-quarter earnings on Friday. As the company reports before market hours, Wall Street expects $3.25 in EPS and $16.6...

U.S. consumers are certainly pulling out their credit cards to pay for goods and services, federal data has shown. The total outstanding credit card balance rose $11.3 billion to nearly $5.07 trillion in May, beating April’s jump by $4.8 billion, according to data released by the Federal...

A federal judge’s call for a revised settlement from Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA) after tossing out their $30 billion antitrust settlement on June 25 should not have much of an impact on their similar business models, according to an analyst. U.S. District Judge ...

Piper Sandler initiated coverage Monday Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA) with Overweight ratings, citing their strong positions in the global payments landscape and potential for sustained growth. Analyst Arvind Ramnani said that Visa and Mastercard are attractive businesses to own....

Visa Inc. (NYSE:V) shares are higher today (Friday). The company announced a collaboration with MoneyHash to deliver secure and enhanced digital payment experiences. Through this partnership, MoneyHash aims to use Visa’s global reach, capabilities and security to connect the world...

Mastercard Inc (NYSE:MA) shares came under pressure in early trading on Thursday after the company reported its first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Goldman Sachs On Mastercard Analyst Will Nance maintained a...

Wall Street expects Mastercard Inc (NYSE:MA) to report $3.23 in earnings per share, and $6.3 billion in revenues for its first-quarter earnings report, set to be announced on Wednesday before market hours. Mastercard has a history of exceeding Wall Street’s earnings expectations. The credit...