Luxury tycoon Bernard Arnault unleashes legal blitz on Visa and Mastercard [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
More than a dozen luxury brands that form part of the French billionaire's LVMH conglomerate have issued lawsuits against the US payment giants in the High Court. The claimants include high-profile names such as Tiffany & Co, Christian Dior and Bulgari, as well as hotel business Belmond, which operates the Venice-Simplon Orient Express. All the brands are owned by Paris-listed LVMH, which is ultimately controlled by Mr Arnault, the world's richest man with a net worth of around $214bn (£171bn). Details of the case are yet to be made public although the claims are understood to be linked to the long-running battle over so-called interchange fees. These fees are paid by retailers to banks when they accept card payments via Visa or Mastercard. However, companies have long argued that the fees charged by the two payment providers are anti-competitive, costing them billions of pounds and driving up prices for consumers. This has led to separate claims from businesses such as V
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
- Capital One Spark Cash Select for Excellent Credit review: A cash-back business card with simple rewards [Yahoo! Finance]Yahoo! Finance
- Is This the End of Plastic? Visa's New Technology Could Render Physical Cards Obsolete [CNET News]CNET News
- How Mastercard's using gen AI to combat payment disputes [Yahoo! Finance]Yahoo! Finance
- Mastercard (MA), Salesforce Unite to Aid Transaction Disputes [Yahoo! Finance]Yahoo! Finance
- Santander Ultimate Cash Back Card Review 2024 [Forbes]Forbes
MA
Earnings
- 5/1/24 - Beat
MA
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- 5/16/24 - Form 4
- MA's page on the SEC website