Hot Blue Chip Stocks For 2015: Visa Inc.(V)
Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services. It also offers a range of payments platforms, which enable credit, charge, deferred debit, debit, and prepaid payments, as well as cash access for consumers, businesses, and government entities. The company provides its payment platforms under the Visa, Visa Electron, PLUS, and Interlink brand names. In addition, it offers value-added services, including risk management, issuer processing, loyalty, dispute management, value-added information, and CyberSource-branded services. The company is headquartered in San Francisco, California.
Advisors' Opinion:- [By Mike Deane]
On Wednesday, Visa (V) announced that it will be raising its quarterly dividend from 33 cents to 40 cents per share.
Visa’s 21.2% dividend hike will bring the company’s annualized payout to $1.40. The dividend will be payable on December 3 to all shareholders on record as of November 15. The ex-dividend date is Novembers 13.
Visa’s shares down $1.09, or 0.55%, at Wednesday’s market close, and were sinking lower in after-hours trading. The company’s stock is up 28.7% YTD.
- [By Associated Press]
NEW YORK (AP) -- The National Retail Federation on Tuesday urged a federal judge to reject a proposed $7.2 billion settlement with Visa (NYSE: V ) and MasterCard (NYSE: MA ) over alleged fee-fixing.
- [By Rich Smith]
Good news
The good news, though, is that in many cases at least you can get the same peace of mind from an extended warranty (even if you never g! et to use it) by simply buying with a credit card. Most products you buy, after all, come with a manufacturer's warranty built right in. And depending on the card you use to buy an item, MasterCard (NYSE: MA ) or Visa (NYSE: V ) for example will often automatically double the length of any manufacturer's warranty, adding as much as a year to your warranty period free of charge. - [By David Goldman]
Apple is also expected to launch a mobile payments platform that works with the new iPhones and iWatch. Using a technology called "near field communications," or NFC, the new iDevices will be able to interact with payment terminals in a simple tap. Apple reportedly has deals in place with the major credit card companies, including American Express (AXP), MasterCard (MA) and Visa (V).
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/hot-blue-chip-stocks-for-2015-4.html
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