Visa Inc.’s earnings from electronic payments are up 17.4%

Visa Inc.’s earnings from electronic payments are up 17.4%

This leading credit card payments network processed 33.9 billion transactions in the recent quarter to generate $2.54 billion in quarterly earnings.

The company has reached a major settlement and continues to grow aggressively as more consumers use credit and debit cards instead of cash.


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Molson Coors Canada Inc. $92 – Toronto symbol TPX.A and TPX.B

Molson Coors Canada Inc. $92 – Toronto symbol TPX.A and TPX.B

Molson Coors continues to benefit from its purchase of SABMiller’s stake of MillerCoors. At the same time the company believes it has found a way to offset stagnant alcohol sales and capitalize on the legalization of cannabis.

MOLSON COORS CANADA INC. (Toronto symbols TPX.A $80 and TPX.B $87; Conservative… Read More

Visa’s fast growth justifies its high valuation

VISA INC. $147 (New York symbol V; Conservative Growth Portfolio, Finance sector; Shares outstanding: 2.3 billion; Market cap: $338.1 billion; Price-to-sales ratio: 16.3; Dividend yield: 0.6%; TSINetwork Rating: Above Average; www.visa.com) operates the world’s largest electronic payments network to process credit, debit, prepaid and commercial transactions in… Read More