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KBW's Specialty Finance Update
Friday, December 17, 2010 - 10:40am | 102Read More...KBW is out with its Specialty Finance update with target prices, and risks to achieving target prices, on the following companies: Mastercard Inc (NYSE: MA) Target Price: 283.00 Risk Factors: Risks to our thesis/target price include global economic slowdown, regulatory scrutiny, litigation,...
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Mastercard and Visa Should Benefit from Intact Volume Growth in 2011
Thursday, December 9, 2010 - 8:54am | 122Read More...Goldman Sachs published its research report today on Mastercard (NYSE: MA) and Visa (NYSE: V) noting sound volume growth. In its note to clients, Goldman Sachs writes, "On 12/1, MA reported global processed transactions growth of +6% (+18% ex debit rolloffs), reported US debit volume growth was up...
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Goldman Sachs Reiterates Buy Rating On Mastercard
Monday, December 6, 2010 - 9:04am | 86Read More...Goldman Sachs has reiterated its Buy rating on Mastercard Inc. (NYSE: MA) “given strong secular payments drivers, a diverse international mix, and operating leverage, all of which we expect to drive average EPS growth of 20% through 2012.” “With MA's shares trading at 15.2X our CY11 EPS estimate,...
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Goldman Maintains Buy On Mastercard
Thursday, December 2, 2010 - 10:00am | 154Read More...Goldman Sachs has published a research report on Mastercard Inc. (NYSE: MA) after the company reported stability in purchase volumes in the last quarter. In the report, Goldman writes "November results were largely in line with reported October trends, suggesting sustained momentum in the US and...
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From a Trading Perspective Going Into Q3 Results, Citigroup Prefers American Express, MasterCard
Thursday, October 14, 2010 - 9:51am | 164Read More...In Citigroup's Q3 earnings preview for the card sector, the company is expecting meets or beats from the card companies with key themes being 1) regulatory, 2) tougher spend comps, 3) rev margin and balance pressure and 4) Nov elections. From a trading perspective going into Q3 results, Citigroup...
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Deutsche Bank On TCB, V, MA
Wednesday, October 13, 2010 - 7:34am | 175Read More...Deutsche Bank issued a research report concerning the TCF Financial (NYSE: TCB) lawsuit that is unlikely to impact Federal rule making process. In the report, Deutsche Bank writes "TCF Financial (TCF) lawsuit against the Fed challenging the constitutionality of Durbin—the banking industry's most...
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Goldman Sachs On Credit Card News
Tuesday, October 5, 2010 - 7:49am | 156Read More...Goldman Sachs has published a research report for America's IT Services - Transaction Processing, which includes MasterCard Inc. (NYSE: MA) and Visa Inc. (NYSE: V). In the report, Goldman Sachs writes "On October 4, 2010, the DOJ formally filed and subsequently settled a lawsuit against MA/V...
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William Blair Ups Estimates for MasterCard; Reiterates “Outperform” Rating
Wednesday, May 5, 2010 - 9:18am | 49Read More...Willam Blair & Compnay upgraded estimates for MasterCard (NYSE: MA) this morning, saying that “purchase volume trends continue to improve.” MasterCard reported Q1 earnings yesterday which beat Street estimates by a whopping $0.32. Shares of MasterCard were trading lower in the pre-market at $...


