Latest Visa Electron Stories

2014-01-30 08:36:42

- Broad-based net revenue growth of 11% FOSTER CITY, Calif., Jan. 30, 2014 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced financial results for the Company's fiscal first quarter 2014. Net income for the fiscal first quarter was $1.4 billion or $2.20 per share, an increase of 9% and 14%, respectively, over the prior year results. All references to earnings per share assume fully-diluted class A share count unless otherwise noted. Net operating revenue in the fiscal first quarter of 2014...

2011-05-11 13:50:00

Visa Inc. said on Wednesday that it is building a digital wallet that people will be able to use to pay for things online - or with their phones - instead of with traditional cards. The network said it is working with several large U.S. and international banks to develop the wallet. Visa's partners so far include Bancorp, PNC Financial Services, Regions Financial, BB&T Corp., Toronto Dominion's TD Bank and the U.S. arm of Barclay's PLC. "The widespread adoption of Internet and mobile...

2010-07-22 07:05:00

SAN FRANCISCO, July 22 /PRNewswire-FirstCall/ -- Visa Inc. (NYSE: V) announced today that its board of directors had declared a quarterly dividend in the aggregate amount of $0.125 per share of class A common stock (determined in the case of class B and class C common stock on an as-converted basis) payable on September 1, 2010, to all holders of record of the Company's class A, class B and class C common stock as of August 13, 2010. This press release shall not constitute an offer to sell...

2010-06-28 07:00:00

SAN FRANCISCO, June 28 /PRNewswire-FirstCall/ -- Visa Inc. (NYSE: V) will report its fiscal third quarter 2010 financial results on Wednesday, July 28, 2010. The results will be included in a press release, with accompanying financial information that will be released after market close and posted on the Visa Investor Relations website. Visa's executive management team will then host a live audio webcast beginning at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the financial...

2010-05-20 15:05:00

SAN FRANCISCO, May 20 /PRNewswire-FirstCall/ -- Visa Inc. (NYSE: V) today announced that the Company had decided to deposit $500 million (the "Loss Funds") into the litigation escrow account previously established under the Company's retrospective responsibility plan (the "Plan"). Under the terms of the Plan, when the Company funds the litigation escrow, its U.S. financial institutions and their affiliates and successors, the sole holders of Class B shares, bear a corresponding financial...

2010-01-27 07:02:00

SAN FRANCISCO, Jan. 27 /PRNewswire/ -- Art.com Inc., the world's largest online retailer of quality wall art with more than one million items including posters, prints and specialty items, today announced the launch of four new country-specific Web sites created for customers in Scandinavia, including www.AllPosters.se, www.AllPosters.dk, www.AllPosters.no and www.AllPosters.fi, serving Sweden, Denmark, Norway and Finland, respectively. Each site offers the wide variety of high-quality...

Word of the Day
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.