Banks bash Illinois trend-setting law on card swipe fees [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
investor.mastercard.com/investor-relations/default.aspx
Company Research
Source: Yahoo! Finance
Bank groups asked a federal court for summary judgment in their legal battle against Illinois over its new law that bans interchange fees on the sales tax and gratuity portions of card transactions. The Illinois law, set to take effect on July 1, has inspired similar legislation in two dozen other states U.S. District Court Judge Virginia Kendall has set a hearing for April 16. In December, she granted national banks and federal savings associations a preliminary injunction, pending further litigation on the Illinois Interchange Fee Prohibition Act. She later expanded the injunction to “out-of-state state banks,” but did not halt the law with respect to federal credit unions. Plaintiffs argue that Kendall should grant their March 17 motion, based on her previous finding that federal laws preempt the Illinois law. Restaurateurs, retailers and other merchants support the Illinois law, and others like it, for offering relief from paying card swipe fees on portions of consumers' tabs
Show less
Read more
Impact Snapshot
Event Time:
MA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MA alerts
High impacting Mastercard Incorporated news events
Weekly update
A roundup of the hottest topics
MA
News
- Fintech: 6 Ways To Make Your User Experience More Seamless [Forbes]Forbes
- Credo AI Named to the 2025 CB Insights' List of the 100 Most Innovative AI Startups [Yahoo! Finance]Yahoo! Finance
- Mastercard CEO says consumers' fears about the economy haven't affected their spending yet: 'They still want to make that trip' [Yahoo! Finance]Yahoo! Finance
- Mastercard announces solar, geothermal projects for its facilities [Yahoo! Finance]Yahoo! Finance
- CommunityRewards™ Launches Women-Owned Business Grant & Mentorship Program in Miami [Yahoo! Finance]Yahoo! Finance
MA
Earnings
- 1/31/25 - Beat
MA
Sec Filings
- 4/14/25 - Form PRE
- 4/9/25 - Form 4
- 4/9/25 - Form 3
- MA's page on the SEC website