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RBC Upgrades MasterCard To Top Pick, Sees 23% Upside
Thursday, January 5, 2017 - 10:48am | 400Read More...Mastercard Inc (NYSE: MA) was among the best ideas in the payments, processors and IT services space “given our belief that investors should look to focus on long-term secular-driven stories that provide solid organic growth with opportunities for margin expansion,” RBC Capital Markets...
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Mastercard Looking For A Seat At The UK Table With VocaLink Acquisition
Tuesday, October 4, 2016 - 2:17pm | 205Read More...Mastercard Inc (NYSE: MA) is looking to regain market share in the UK after its acquisition of VocaLink. The company acquired VocaLink, a real time payment processor, earlier in the year for $900 million to cut into Visa's dominance in the Commonwealth. Over the past decade, MasterCard'...
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Pacific Crest Says Mastercard Has 'Rock-Solid Fundamentals'
Friday, July 29, 2016 - 3:59pm | 262Read More...MasterCard Incorporated (NYSE: MA) reported a top and bottom line beat in its second quarter print on Thursday, prompting Pacific Crest's Josh Beck to describe the company's fundamentals as being "rock-solid." Beck highlighted MasterCard's second quarter as being "...
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Baird Reviews Mastercard's $920 Million Vocalink Stake Purchase
Friday, July 22, 2016 - 1:26pm | 391Read More...On Thursday, Mastercard Inc (NYSE: MA) reported a purchase of a 92.4 percent stake in in British ATM operator and automated clearing house, Vocalink for $920 million (£869 million). The purchase came after SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF) had made a £24.3 billion offer for Cambridge...
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Sky News Says Mastercard Is Close To Acquiring UK-Based Vocalink
Monday, April 25, 2016 - 11:17am | 177Read More...According to a report by UK-based Sky News, Mastercard Inc (NYSE: MA) is exploring an acquisition of Vocalink, a British-based operator of the Faster Payments service. Sky News noted that Mastercard has entered into exclusive talks to acquire Vocalink and the company's large shareholders (...
