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Thursday, July 31, 2014

MasterCard Earnings Top On Higher Transaction Volume



Investors.com http://ift.tt/UNRKEl MasterCard (MA) edged past analysts' Q2 views as revenue rose 13% to $2.38 billion on estimates for $2.31 billion. Earnings rose 14.3% to 80 cents a share vs. views for 77 cents. The credit- and debit-card giant rang up a 13% boost in gross dollar volume to $1.1 trillion, a 16% rise in cross-border volume and a 12% increase in processed transactions to 10.6 billion. Shares of MasterCard fell 1% to 75.13 on the stock market today as the general


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