Updates

Nigerian Equities Market Extends Losses, as NSE ASI Dips 0.69%

January 31, 2017/Cordros Research The Nigerian equities market extended losses, with the All Share Index falling by 0.69% to close at 26,036.24 points. Following today’s performance, the Year-to-Date loss increased to 3.12%. The Consumer Goods (-1.43%) and Banking (-1.27%) indices shed weight, on the back of selloffs in NESTLE (-3.07%), […]

MasterCard Says Fourth-quarter net revenue increase of 9% to $2.8 billion

January 31, 2017/MasterCard Fourth-quarter net income of $933 million, including a special item, or $0.86 per diluted share Fourth-quarter net income of $940 million, excluding a special item,1 or $0.86 per diluted share Fourth-quarter net revenue increase of 9%, to $2.8 billion Fourth-quarter gross dollar volume up 9% and purchase […]

Earnings Review: Solid 2016, Foundation for Growth

January 31, 2017/MasterCard Martina Hund-Mejean | January 31, 2017 In a conference call this morning, we shared Mastercard’s financial results for the fourth quarter and the full 2016 fiscal year. As you may have seen in our press release, our business continues to perform well. But, it’s important to start […]