Saturday, 2 November 2013

Visa Could See European Business Slide As Region Recovers

Visa Could See European Business Slide As Region Recovers and 2 Other Dow Movers to Watch

A 3 percent appreciation by the euro in 2013 and the nascent economic recovery in Europe could propel MasterCard Inc. (NYSE:MA) to further outpace its larger competitor, Visa. Analyst Jason Kupferberg at Jefferies Group LLC believes that MasterCard, which stock has outstripped Visa’s this year, could gain another 15 percent in two years. V.

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