MasterCard International Inc. (NYSE:MA) has agreed to lease 60,000 square feet at 114 Fifth Ave. in Manhattan’s Flatiron District for an undisclosed amount, landlord L&L Holding Co. announced Tuesday, in a deal analysts call the latest example of top tenants rebuffing Midtown East and a reaffirmation of the “Silicon Alley” moniker. Mastercard Inc (NYSE:MA) stock opened at $1.88 in last session, and closed at $76.31, while the day range of MA stock is $75.13 – $76.93. The stock showed a positive weekly performance of 0.83%.
MasterCard and its larger peer Visa Inc. (NYSE:V) are benefiting from transaction fees amid increased adoption of electronic payments across the globe, despite soft economic conditions. Visa Inc (NYSE:V) stock opened at $220.19, in last session and closed at $221.78, by gaining 1.26%. The 52 week range of V is $154.14 – $235.50. Company’s market capitalization is $140.52billion.
The Western Union Co. (NYSE:WU) has reached a pact with Arizona Attorney General Tom Horne to ‘take unprecedented and cooperative steps to combat money laundering,” according to Arizona AG Tom Horne. The Western Union Company (NYSE:WU) stock advanced 2.09% and finished the last session at $15.63. The EPS of the stock remained 1.52. Company’s market capitalization is $8.63billion.
American Express Co. (NYSE:AXP) won preliminary court approval of a settlement with U.S. merchants over transaction fees that the retailers say complements a multibillion-dollar accord with Visa Inc. (V:US) and MasterCard Inc. (MA:US). American Express Company (NYSE:AXP) stock opened the session at $85.96, and closed the session at $87.00. The 52 week range of the AXP stock remained $61.14 – $93.62 and the day range was $85.78 – $87.17.