US benchmarks mixed at the close as IBM earnings dent Dow Jones
US indices closed mixed on Wednesday, The big story was IBM results, which came out on Tuesday and continued to weigh on the Dow Jones
Company
Mastercard Inc
NYSE:MA
Mastercard Inc is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The company allows users to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus.
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Mastercard's fourth-quarter profit, revenue beat market expectations, excluding one-off charges
Excluding non-recurring items, such as a one-off charge for US tax changes, the NYSE-listed firm reported earnings per share of US$1.14, above consensus of US$1.12
MasterCard shrugs off concerns about slowing global growth
Consumers are still spending, despite concerns about the growth rate of the global economy
Wall Street pares earlier gains spurred by China rebound; Apple drops
Wall Street trimmed earlier strong gains in afternoon trading today after Wall Street found relief in Beijing's efforts to halt a selloff in Chinese stocks, which lifted markets around the world. The S&P 500 (INDEXSP:.INX) added 0.5 per
Wall Street set to bounce back as China stems stocks selloff; PepsiCo, Walgreens advance
U.S. stock-index futures inched higher today after Beijing's efforts to halt a rout in Chinese stocks finally bore fruit and the U.S. Federal Reserve signaled it might hold off on raising interest rates. Futures for the Dow Jones Industrial