Visa gives rosy guidance as spending growth improves - MarketWatch
1. Visa shares rose 2% post upbeat earnings report from Mastercard. 2. Visa reported 9% growth in payments volume for December quarter. 3. Improved revenue growth outlook projected at low-double-digit rates. 4. Cross-border volume increased by 16% in the latest quarter. 5. Earnings per share beat estimates at $2.75 versus $2.66.