MasterCard Says Russia Will Have Impact on Full-Year Sales

Now watching

Next video starts in : 7 Play

MasterCard Says Russia Will Have Impact on Full-Year Sales

MasterCard Says Russia Will Have Impact on Full-Year Sales
Replay video
Up next

Yahoo Health's Snack Bar Taste Test

Unlock your personal NFL Now stream by signing in to NFL.com

MasterCard Says Russia Will Have Impact on Full-Year Sales

by TheStreet.com Videos 1:05 mins

MasterCard Says Russia Will Have Impact on Full-Year Sales

by TheStreet.com Videos 1:05 mins

MasterCard shares are spiking after the company reported a double-digit rise in profits over the quarter. The credit card provider, the world's second-largest, said income rose 14% over the quarter, a result of customers increasingly relying on their cards to shop. However, even as consumer spending improves, the company warned of lower annual sales growth, partially due to tensions in Russia. MasterCard earned 73 cents a share, a penny over forecasts, while revenue surged 14% to $2.18 billion.

Must Watch

Must Watch

  1. 1:45

    Yahoo Health's Snack Bar Taste Test

  2. 2:04

    Company's New Building Is Epic Star Trek Replica

  3. The Rentals - The Rentals LIVE Concert

  4. 26:11

    Community Episode 12: Wedding Videography

  5. 1:03

    Flash Flooding Endangers Houston Residents

  6. 2:58

    Miranda Lambert - Miranda Lambert's Angelic New 'Roots and Wings'

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security