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$MA 2Q15 Call: Overall, US GDV grew 7% made up of credit and debit growth of 7% and 8% respectively. Outside of US volume growth was 16% on a local currency basis. Cross-border volumes grew 17% on a local currency basis. FX adjusted, domestic assessments grew 9%, while worldwide GDV grew 13%. Transaction processing fees grew 12%.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?