Tag: $Mastercard

Mastercard’s profit jumps on strong holiday spending

Mastercard reported a higher fourth-quarter profit on Thursday as a resilient economy encouraged consumers to ramp up spending during the holiday season, sending the company’s shares up 2% before the bell.

US holiday retail sales stronger than last year with online boost, Mastercard says

U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as intense promotion to drum up sales in what was expected to be a highly competitive holiday season for retailers prompted last-minute shopping among consumers.

Mastercard’s quarterly profit jumps on buoyant spending

Mastercard’s second-quarter profit rose as customers kept up spending heavily via its cards, the payments giant reported on Wednesday.

Visa, Mastercard to extend non-EU card fee caps to 2029, EU says

Visa and Mastercard will extend caps on tourist card fees agreed five years ago with EU antitrust regulators by another five years to 2029, the European Commission said on Friday.

Mastercard’s profit beats on strong card spending by U.S. consumers

Mastercard reported first-quarter profit that exceeded Wall Street expectations on Wednesday, on higher card spending by U.S. consumers despite rising borrowing costs and persistent inflation.

Mastercard’s fourth-quarter profit jumps 11% on resilient spending

Payments processor Mastercard on Wednesday reported an 11% jump in fourth-quarter profit, driven by resilient consumer spending during the holiday season as labor markets remained strong and fears of a recession eased.

Mastercard Just Raised Its Dividend. Its Stock Is Rising.

Mastercard stock was rising after the company announced a dividend increase and a new buyback program

Italy’s UniCredit expands payments partnership with Mastercard

Italy’s second-largest bank UniCredit said on Friday it had entered into an enlarged payments partnership with Mastercard.