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San Francisco, Visa Timeline Tuesday, April 24 Bookmark and Share     Author
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Visa buys nearly 10 pct stake in Dorsey's company, Square  Visa is now a major shareholder in Square, the mobile payment services company co-founded and led by Jack Dorsey Visa 3Q earnings jump 25 percent, beat estimates  A double-digit rise in payments processed on its network. However executives are not seeing as robust U.S. consumer spending as they hoped Visa 1Q profit rises 11 percent, sets 4-for-1 stock split  Foster City: Consumer spending grew on the credit and debit card processor's massive payment network. Visa earned $1.57 billion, or $2.53 per share Visa posts lower 4Q profit; beats Street views  Foster City: The profit fell about 10%, weighed down by one-time litigation expenses.The company also announced a $5 billion share buyback program Visa Sinks the Dow Jones  Foster City: Visa (NYSE: V ) has been the biggest drag on the Dow so far: The credit card giant has plunged about 4% Visa 4Q profit down 28 pct on large tax provision. Foster City   Charles Scharf is new Visa CEO  A former head of retail banking at JPMorgan Chase is succeeding Joseph Saunders, who is retiring after five years at the top Visa profit leaps 40 percent  Visa Inc. said its fiscal third-quarter profit shot up more than 40 percent, as people used their Visa credit and debit cards more often Visa 3Q Profit Slips 2 Percent; Tops Street  The profit hurt by a sharp drop in investment income, but it posted increased operating income and maintained a strong forecast for its fiscal... Visa paying $2B for CyberSource
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San Francisco 3rd Quarter Earnings   San Francisco 4th Quarter Earnings   Mountain View Merger and Acquisition (60)   Mountain View Business (155)   San Francisco Stocks (29)
Visa's earnings rise 7 percent, beating analysts' estimates
Visa's third-quarter profit beats expectations

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  Payment processing giant Visa said its fiscal third-quarter profit rose sharply from a year earlier, following its purchase of Visa Europe
  Visa earned $2.07 billion in the last three months of 2016, or 86 cents per share, compared with $1.94 billion, or 80 cents per share

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  CyberSource's fraud prevention technology is expected to help Visa to increase online use of the credit, debit and prepaid cards

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Jul.27 Visa Shakes Up Management Team  John C. Morris, will step down as president and remain until the end of the year. John Partridge will oversee global sales, client service Apr.29 Visa profit up 71 pct, beating forecast  2nd-quarter profit is beating Street expectations, as cost cuts and international gains offset U.S. consumers' reluctance to use credit card...

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Jul.30 Visa Profits Jump 41%
  Visa Inc.'s profit rose a better-than-expected in the recent quarter, as more money changed hands using its credit and debit cards Apr.29 Visa profit jumps 28% on rising volumes
  The world's largest credit and debit card processor, said its profit rose to $314 million as customers charged more to their cards Mar.19 Visa Soars In Largest-Ever IPO
  Visa Inc. shares soared more than 30% to $58 from their IPO price of $44 in their stock market debut
 The company makes its money from processing fees. Visa touted itself as a safe have during the credit crunch that has scarred many of the lenders that issue its cards
Mar.18 Visa prices IPO at $44 per share  Visa Inc. raised $17.9 billion to complete the largest initial public offering in U.S. history and help prop up the wobbly financial services... Mar.15   Biggest IPO, from Visa, set for next week  Visa Inc. will hold its initial public offering next week, with trading in the shares beginning Wednesday Feb.25 Visa readies record $18.8 billion IPO
  The world's largest electronic payment processing company, filed paperwork for what may be the richest-ever IPO, hoping to raise $18.8 billion

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May.16 Visa names industry veteran to head firm  Joseph Saunders has been named chairman and CEO of Visa Inc., a public company that is expected to be formed in early 2008

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Oct.12   Visa plays IPO card  Credit and debit card giant will become a publicly traded company by selling shares in a huge initial offering

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Jul.11   Ex-Schwab exec heads to Visa USA
  John Philip Coghlan, 54, replaces Carl Pascarella, the credit card groupís president and CEO since 1993

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Dec.12 Ruptured gas main shuts Visa building. Foster City Apr.4   Visa Plans to Slash 160 Jobs  Foster City: The layoffs will eliminate duplicate jobs at Inovant, the subsidiary spun off

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Jul.6   Visa moves to SF  Foster City: Visa USA moves headquarters from Foster City to 123 Mission St., San Francisco

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