mastercard

Mastercard says confident in revenue, outlook - New Zealand's source for business, stock market & currency news on Stuff.co.nz Stuff Trade Me Travelbug Find Someone Old Friends Smaps RugbyHeaven Sunday, 27 Apr 2008 Stuff > Business > International > Story Mastercard says confident in revenue, outlook Reuters | Tuesday, 15 April 2008 Email a Friend | Printable View | Have Your Say Related Links • Subscribe to Archivestuff • Have your say MasterCard Inc expects growth to remain strong in the next few years, helped by revenue from overseas markets, even as the US credit crisis cuts into spending by Americans, a senior executive said. Walt Macnee, president, global markets, said the business trend in markets outside the United States, in particular less developed payment markets such as China, remained very positive, and the credit crisis should not have any direct and major impact on the company's growth. "We've got a lot of hedges, leaving us in a position that we remain very confident about this fiscal year and the one after," said Macnee, referring to its opportunities in emerging markets, where people have fast increasing demands for card payment services. "We don't take hits from the credit, so there is a good confidence level in our business," he said in an interview at the company's headquarters in Purchase, New York. In January, MasterCard said quarterly earnings rose to $US304.2 ($NZ390.00) million, or $US2.26 a share, from $US40.9 million, or 30 cents a share, in the same quarter in the prior year. Macnee declined to give a specific forecast for annual earnings growth. Email a Friend | Printable View | Have Your Say Next Story: - More International Stories Email alerts Text alerts RSS Feeds Make Stuff.co.nz my homepage International Headlines • Thai rice hits new record, feeding food fears • UK retail sales fall but growth still strong • Starbucks slashes outlook, blames housing meltdown • Apple profit rises on strong Mac, iPod sales • Rio Tinto defends rejection of BHP bid • Samsung Group 'to invest $US27 - 28b in 2008' • Boeing profit up on plane deliveries • Amazon's pricing means lower margins • Taiwan goes on spending spree • India rules out wheat imports in 2008 • Macau casinos curbs pay off for current players • Corn, rice surge as global food tensions mount • UK mortgage approvals slump to record low • BHP copper, nickel, aluminium output down • ANZ keen on Hong Kong bank at the right price Sponsored Links Sponsored Links Editors' Picks • Reds unhappy with calls against Chiefs • At least 55 dead in Morocco factory fire • No majority for Mugabe party in recount • Man dies after harbour balcony jump • Boxing's bad boys sign for bruising bout • Devastated Diaz takes a break from acting Home | News | Sport | Business | Entertainment | Lifestyle | Travel | Tech | Newspapers | Magazines Site Map | About Stuff | Feedback | Advertise Online With Us | Place a Newspaper Classified Ad | A to Z directories | Magazine Subscriptions | Competitions | RSS © Fairfax New Zealand Limited 2007. All the material on this page has the protection of international copyright. All rights reserved. разделы медикаметозное безоперационное прерывание беременность 100 девчонка одна лифт срочный перевод получение выписка егрп лечение папиллома бесплатный нард чувствительный кожа выборочный лак рассылка адрес эмжс ваттметр подводный гидромассаж узи тошиба штукатурка фасадный вилатерм чиллеры рассылка адрес толщиномер дешевый холодильник 100 девчонка одна лифт стимулирующий лотерея диагностический стенд винный холодильник мурано холодильник дешево юр.адрес neri karra кожгалантерея гайковерт электрический долг теннисный ракетка asus p505 8800 gold edition центр консультирование аденома предстательный железа обзвон touch screen 1с бюджетирование 8800 gold edition свойство краска жаростойкий краска дренаж флажок настольный флаг заказ видеорегистраторы втулка переходный рак кишка применение доломита кислородный концентратор заказ обед конкурентный анализ mastercard