Consumer confidence fell last week to the lowest level in more than two months as views on the economy, personal finances and buying climate worsened.
Service industries expanded more than forecast in January as the biggest part of the U.S. economy overcame the effects of snow and freezing temperatures to boost hiring by the most in more than three years.
MasterCard Inc., the second-biggest U.S. payments network, reported fourth-quarter profit that missed analysts’ estimates as expenses climbed. The shares fell 5.6 percent in early trading.
MasterCard Inc. fell the most in almost 2 1/2 years after reporting profit that missed analysts’ estimates as rebates to card issuers fueled a jump in expenses.
MasterCard Inc., the second-biggest U.S. payments network, reported profit that beat analysts’ estimates as spending on credit and debit cards rose. The shares climbed.
MasterCard Inc., the second-biggest bank-card network, said its board of directors approved an 83 percent dividend increase and a 10-for-1 stock split.
MasterCard Inc. , the world’s second- biggest payments network, posted a 31 percent increase in second-quarter profit as consumers used their cards more while traveling beyond their home countries.
MasterCard Inc. , the world’s second- biggest bank-card network, said fourth-quarter profit jumped 41 percent on a surge in U.S. consumer spending and the global migration to electronic payments.
MasterCard Inc., the world’s second- biggest payments network, posted a 21 percent increase in first- quarter profit as card spending rose and the firm took a bigger share of the market.
MasterCard Inc., the world’s second- biggest payments network, climbed the most since August as an increase in card spending helped the firm’s third-quarter profit beat analysts’ estimates.
"Economic indicators, such as housing and employment, also showed some improvement during the quarter and consumer confidence bounced back from what was the low of October."
- Ajay Banga on Feb 06, 2014