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View Full Version : MasterCard Falls Most in Year After 18% Profit Drop - Bloomberg



NewsWhore
05-01-2009, 01:00 PM
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MasterCard Falls Most in Year After 18% Profit Drop (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3Dac0FaWCgWIOs%26refer%3Dus&cid=1344267633&ei=jCz7SYvOIIXE6QPL6YT8Bw&usg=AFQjCNHVl0jOlyrA1bZ5TBSW8fav0uDxqw)
Bloomberg - Hugh Son (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Hugh Son%22&hl=en&ned=us&ie=ISO-8859-1)
Revenue declined 2.2 percent to $1.2 billion from a year earlier because of “the unfavorable impact of foreign currency exchange,” the company said. The gross dollar volume on credit- card transactions around the world declined 15 percent to $369 ...


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