MasterCard Inc. (NYSE:MA) and Foster City, California-based Visa Inc. had stopped processing cards for Bank Rossiya and Sobinbank last month. Seth Eisen, a spokesman for Purchase, New York-based MasterCard and Visa’s Paul Cohen said the networks would cease processing transactions at SMP and InvestCapitalBank. The two U.S. firms will continue processing transactions for all other Russian customers, the spokesmen said in e-mailed statements. Mastercard Inc. (NYSE:MA) shares after opening at $70.80 moved to $72.16 on last trade day and at the end of the day closed at $71.24. Company price to sales ratio in past twelve months was calculated as 10.01 and price to cash ratio as 11.59. Mastercard Inc. (NYSE:MA) showed a negative weekly performance of -4.13%.
Visa Inc. (NYSE:V) and MasterCard Inc. said they would pull the plug on at least two more Russian banks following an expansion of U.S. sanctions announced earlier Monday. Visa Inc. (NYSE:V) shares advanced 1.25% in last trading session and ended the day on $201.42. V return on equity ratio is recorded as 20.00% and its return on assets is 14.90%. Visa Inc. (NYSE:V) yearly performance is 21.35%.
Capital One Financial Corp. (NYSE:COF) has won a patent lawsuit brought against it by Intellectual Ventures (IV) after a U.S judge invalidate two of the latter patents that formed a basis of the lawsuit. Intellectual properties had filed a number of separate lawsuits against several giant financial institutions last year. Capital One Financial Corp. (NYSE:COF) shares moved down -0.53% in last trading session and was closed at $72.95, while trading in range of $72.63 – $74.08. Capital One Financial Corp. (NYSE:COF) year to date (YTD) performance is -4.37%.
The Western Union Company (NYSE:WU) announced its participation in the Jefferies Global Technology, Media and Telecom Conference on May 7, 2014 in Miami. The presentation will begin at 1:30 p.m. Eastern time and will include comments from Hikmet Ersek, President and CEO. The Western Union Company (NYSE:WU) weekly performance is 0.90%. On last trading day company shares ended up $15.63. The Western Union Company (NYSE:WU) distance from 50-day simple moving average (SMA50) is -3.50%. Analysts mean target price for the company is $18.32.
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