<< Read Full Article

MasterCard Looks to Offset Losses to Visa

Stock quotes in this article: MA , V , BAC , AMZN , WMT , JPM , C  

Purchase, N.Y. (TheStreet) -- MasterCard (MA Quote) posted quarterly earnings that exceeded Wall Street estimates, and CEO Robert Selander made sure during the company's conference call earlier Tuesday to point out some recent business wins.

The company is still much smaller than its rival Visa (V Quote), and it has lost business to Visa on a number of fronts, but it does have a number of its own victories to tout.

Last month, MasterCard apparently "renewed and extended" an existing agreement with one of its largest customers, Bank of America (BAC Quote), according to Selander. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,414.14 1,114.05 2,237.66 36.82
Oil *
72.37
UP
85.25
UP
11.58
UP
25.97
UP
1.36
10 Yr
3.68%
SPDR Gold
106.95
+0.83%
+1.05%
+1.17%
+3.84%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services