Visa profit jumps 28 percent on rising volumes

Monday, April 28th, 2008

NEW YORK — Visa Inc., the world's largest credit and debit card processor, said Monday its profit rose 28 percent in the first three months of the year as customers around the world charged more to their cards. Cardholder spending outside the United States grew particularly quickly, as more people ...

Visa may set record $18.8 billion IPO

Monday, February 25th, 2008

Visa Inc. said today that it might raise up to $18.8 billion in the largest initial public offering ever, Reuters reported. The world's largest credit card network filed with the U.S. Securities and Exchange Commission to sell 406 million Class A shares at $37 to $42 each, resulting in $15 ...