Category: Finance News

Jan 27

Economic Outlook: Visa and Mastercard earnings: In with the new as card companies embrace emerging trends

The card networks’ ever-evolving business models will be on full display this week. Both Visa Inc. V, -1.16%  and Mastercard Inc. MA, -1.64%  have been chasing new revenue opportunities aggressively in recent months, striking deals and partnerships with younger players in the industry. While card processing remains core to the business, both companies have been […]
Jan 27

Key Words: The first stock-market ‘correction since October has begun,’ says Morgan Stanley analyst who called 2018 tech rout

‘We suspect the first correction since October has begun…but will be contained to 5% or less for the S&P 500 as liquidity remains flush…’ Michael Wilson Michael Wilson, Morgan Stanley’s chief U.S. equity strategist, says the first major stock market pullback since October may be under way. The strategist, in a research report dated Jan. […]