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

Uncle Sam is finally trying to obtain the auto industry bailout bill completed. However, just as we're thinking we might see some closure to this subject, we have more surprise variables first brought about.



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For the full year 2008, Borders lost $157 million on revenue of $2.8 billion. Borders recently extended its $42.5 million senior secured term loan with Pershing Square Capital Management, moving the final target time to April 1, this year. That may be the day that Borders goes away. Border's shares trade at $1.47, down written by a 52-week most of $8.02.

Aircraft leasing company Air Lease(AL_) was up .2% to $24.97 after announcing that like those on issued $120 million in senior unsecured notes in a private placement to institutional investors. The company said this was part in the move to advance future fleet acquisitions.

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HSBC recently announced unsecured personal loan rates starting at 6.99 percent. Not bad. SunTrust did better with several.99 percent and Nationwide Bank came out with a an affordable vacation.45 percent rate. The loans are made use of for refinancing vehicles for homeowners purely.

Visa's international business is becoming a larger portion of that quarterly success. Payments outside the U.S. -- $422 billion -- accounted for 44 percent of Visa's third quarter volume, up from 41 percent per annum ago, when such payments totaled $333 billion.

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