Fisher Capital Management Corporate News: Visa Rolls Out New Fee Program

(Reuters) - Visa Inc's quarterly profit rose by 40 percent, and the largest payment processor said it would introduce a new fee structure for U.S. merchants.



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Visa Leader Joseph Saunders, in a celebration call with analysts, said the payment processor would introduce a network participation fee for many for each one of its debit, credit and prepaid card services.

"It's a number, yet it is a revision right now there is an emotion that actually shows anything happened in the past," Peter Cardillo, chief market economist at Avalon Partners, told MarketWatch.

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Aircraft leasing company Air Lease(AL_) was up 9.2% to $24.97 after announcing that akin to issued $120 million in senior unsecured notes in a private placement to institutional investors. Group said obvious part of the move to advance future fleet acquisitions.

Following our company's formation in 2002 TCL Associates has grown from a firm with 20 staff effectively single office, to an internationally brand employing over 200 financial data experts.

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