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Results 1 - 20 of 25 for "u:washpost.bloomberg.com" in Purchase, NY

  1. MasterCard's Banga Sees Entering China Market by End of 2016Read the original story

    Wednesday Apr 29 | The Washington Post

    "It's a large marketplace, and we are keen to play there," Banga said Wednesday in a call with analysts after the Purchase, New York-based firm reported first-quarter results. China's government last week indicated it plans to end a monopoly in bank-card clearing, with new rules taking effect on June 1 that could open the way for MasterCard and larger rival Visa Inc. to gain a foothold in one of the fastest-growing markets.

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  2. MasterCard Profit Beats Estimates on Consumer-Card SpendingRead the original story

    Wednesday Apr 29 | The Washington Post

    Net income climbed 17 percent to $1.02 billion, or 89 cents a share, from $870 million, or 73 cents, a year earlier, the Purchase, New York-based company said Wednesday in a statement. The average estimate of 26 analysts surveyed by Bloomberg was 80 cents a share.

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  3. Visa, MasterCard Surge on China Move to End Card MonopolyRead the original story

    Wednesday Apr 22 | The Washington Post

    Visa gained 4.1 percent to close at $68.01 in New York, the best performance in the Dow Jones Industrial Average. MasterCard advanced 3.9 percent to $91.20.

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  4. Ex-UBS Trader Darin Must Face U.S. Libor-Rigging ChargeRead the original story

    Mar 20, 2015 | The Washington Post

    Darin, a citizen and resident of Switzerland, is among at least 11 traders outside the U.S. charged by authorities there with attempting to rig Libor. A judge on Friday rejected the argument that he doesn't have a sufficient connection to the U.S. to be prosecuted in New York federal court.

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  5. Ex-UBS Trader Darin Loses Bid to Dismiss Libor ChargeRead the original story

    Mar 20, 2015 | The Washington Post

    Darin, a citizen and resident of Switzerland, is among at least 11 traders outside the U.S. charged by authorities there with attempting to rig Libor. A judge on Friday rejected the argument that he doesn't have a sufficient connection to the U.S. to be prosecuted in New York federal court.

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  6. MasterCard Profit Beats Estimates as Spending ClimbsRead the original story

    Jan 30, 2015 | The Washington Post

    Net income rose 29 percent to $801 million, or 69 cents a share, from $623 million, or 52 cents, a year earlier, the Purchase, New York-based company said Friday in a statement. The average estimate of 34 analysts surveyed by Bloomberg was for profit of 67 cents a share, adjusted for one-time items.

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  7. Crude at $49 Sinks Big Oil Growth Prospects as Profits FallRead the original story

    Jan 28, 2015 | The Washington Post

    Financial results will start trickling in Thursday for Exxon Mobil Corp., Royal Dutch Shell Plc, Chevron Corp., Total SA and BP Plc from a fourth quarter that saw the price of oil drop from $115 a barrel in June to below $50 a barrel. This could be the oil bust that breaks the pattern that integration always leaves you with one or two legs to stand on.

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  8. Crude at $49 Sinks Big Oil Growth Prospects as Profits FalterRead the original story

    Jan 27, 2015 | The Washington Post

    Financial results from a fourth quarter that saw the collapse of the crude market will provide a window into how the world's biggest oil companies are adjusting to a new reality of slowing growth and low prices. Oil that topped $115 a barrel as recently as June has been trading below $50 a barrel since the first week of the year, portending a bleak 2015 for the world's five so-called supermajors -- Exxon Mobil Corp., Royal Dutch Shell Plc, Chevron Corp., Total SA and BP Plc.

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  9. MasterCard to Lift Transaction Block on U.S. Cards in CubaRead the original story

    Jan 23, 2015 | The Washington Post

    The change takes effect March 1, according to a bulletin the Purchase, New York-based company sent to banks and other customers and obtained by Bloomberg News. Seth Eisen, a MasterCard spokesman, confirmed the bulletin's contents.

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  10. PepsiCo Names Johnson to Its Board in Settlement With PeltzRead the original story

    Jan 16, 2015 | The Washington Post

    Johnson, formerly chairman and chief executive officer of H.J. Heinz Co., was recommended by Trian and will be an independent director, PepsiCo said in a statement Friday. Separately, Trian named Johnson as a member of a three-man advisory partnership to assist in its investments.

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  11. Visa, MasterCard Halt Crimea Service as U.S. Toughens SanctionsRead the original story

    Dec 26, 2014 | The Washington Post

    Visa Inc. and MasterCard Inc., the world's biggest payments networks, halted services to Crimea after the U.S. escalated sanctions in response to Russia's annexation of the peninsula and its activities in Ukraine. The card firms are responding to an executive order from the Obama administration last week, according to e-mails today from the companies' Russian press offices.

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  12. ARCP's Surprise Departures Open Void After Accounting ErrorsRead the original story

    Dec 16, 2014 | The Washington Post

    The stock slid 8.5 percent yesterday after Chairman Nicholas Schorsch and two other executives stepped down. While Schorsch's departure was expected by some analysts, the exit of Chief Executive Officer David Kay -- who took the job in October and said last month that he wouldn't leave -- and Chief Operating Officer Lisa Beeson was a surprise.

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  13. ARCP's Surprise Departures Open Void After Accounting ErrorsRead the original story

    Dec 16, 2014 | The Washington Post

    The stock slid 8.5 percent yesterday after Chairman Nicholas Schorsch and two other executives stepped down. While Schorsch's departure was expected by some analysts, the exit of Chief Executive Officer David Kay -- who took the job in October and said last month that he wouldn't leave -- and Chief Operating Officer Lisa Beeson was a surprise.

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  14. ARCP's Surprise Departures Leave Void After Accounting MisstepsRead the original story

    Dec 16, 2014 | The Washington Post

    The shakeup at the top of American Realty Capital Properties Inc. has left a void in leadership as the landlord tries to recover from accounting errors, leaving investors with more questions about the company's future. The stock slid 8.5 percent yesterday after Chairman Nicholas Schorsch and two other executives stepped down.

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  15. MasterCard Announces $3.75 Billion Buyback, Raises DividendRead the original story

    Dec 2, 2014 | The Washington Post

    MasterCard Inc., the second-largest U.S. payments network, raised its quarterly divided 45 percent to 16 cents a share and announced a new stock repurchase program. The company may buy back as much as $3.75 billion of its stock after completing a current $3.5 billion repurchase program, the Purchase, New York-based firm said today in a statement.

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  16. Evonik Picks Top-Priced Targets in Chemical Deals Hunt: Real M&ARead the original story

    Nov 3, 2014 | The Washington Post

    Royal DSM NV, Clariant AG and Croda International Plc have made the German chemical maker's short list as it seeks a large European takeover target, according to people familiar with the matter. Despite the companies' lackluster returns this year, all three still trade at a premium to the median profit multiple paid for recent chemicals deals, according to data compiled by Bloomberg.

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  17. Evonik Picks Top-Priced Targets in Chemical Deals Hunt: Real M&ARead the original story

    Nov 3, 2014 | The Washington Post

    Royal DSM NV, Clariant AG and Croda International Plc have made the German chemical maker's short list as it seeks a large European takeover target, according to people familiar with the matter. Despite the companies' lackluster returns this year, all three still trade at a premium to the median profit multiple paid for recent chemicals deals, according to data compiled by Bloomberg.

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  18. MasterCard Profit Tops Estimates as Card Spending IncreasesRead the original story

    Oct 30, 2014 | The Washington Post

    MasterCard Inc., the second-largest U.S. payments network, posted third-quarter profit that beat analysts' estimates as customer spending climbed. Net income increased 15 percent to $1.02 billion, or 87 cents a share, from $879 million, or 73 cents, a year earlier, the Purchase, New York-based company said today in a statement.

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  19. MasterCard Profit Tops Estimates as Spending IncreasesRead the original story

    Oct 30, 2014 | The Washington Post

    MasterCard Inc., the second-largest U.S. payments network, posted third-quarter profit that beat analysts' estimates as customer spending climbed. The shares rose in early trading.

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  20. China Signals an End to UnionPay Monopoly in Bank-Card ClearingRead the original story

    Oct 29, 2014 | The Washington Post

    China's government indicated that it's set to end China UnionPay Co.' s monopoly on bank-card clearing in the nation, paving the way for competitors such as MasterCard Inc. and Visa Inc. to get a foothold in the nation.

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