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0.00156314349970035 0.000177314982121165 -0.00135064979367135 0.000959064402293962 0.000745860014974071 0.000959064402293962 0.00390839176021915 -0.00241631638962515
Stock impact report

UPDATE 2-Mastercard sees spending return as economies open after coronavirus gloom [Reuters (UK)]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Reuters
Mastercard says spending stabilizing as profit beats estimates - Reuters 2 Min Read (Reuters) - Mastercard Inc ( MA.N ) reported better-than-expected first-quarter earnings and the payment processor said it has started seeing early signs of spending levels stabilizing, even as the novel coronavirus outbreak wreaked havoc on consumer spending. Shares of the world’s second-largest payment processor were up 5.27% at $278.80 before the bell. Net income fell to $1.7 billion, or $1.68 per share, in the first quarter from $1.9 billion, or $1.80 per share, a year earlier, hurt by a rise in losses on equity investments and other costs. On an adjusted basis it earned $1.83 per share, beating analysts’ estimates of $1.73 per share according to Refinitiv IBES. The novel coronavirus pandemic has shutdown large parts of the global retail industry as stores remain shut and shoppers stay at home to avoid catching the highly contagious illness. The outbreak has also hammered the global economy, push Show less Read more
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