Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  MasterCard    MA

MASTERCARD (MA)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Mastercard : Brings On Former U.S. Trade Chief -- WSJ

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/17/2018 | 08:48am CEST

By AnnaMaria Andriotis

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (April 17, 2018).

Mastercard Inc. has hired Michael Froman, a former Obama and Clinton administration official, as vice chairman and president of strategic growth.

Mr. Froman will be in charge of teams promoting card usage and financial inclusion in markets abroad and in the U.S. through partnerships with governments and other entities.

The hire is part of the latest efforts at Mastercard, the second largest card network in the U.S., to partner with governments to boost card payments. The company in recent years teamed up with subway systems in Chicago and London to work on replacing subway cards with a payments system that allows consumers to use contactless-enabled debit and credit cards to enter the subway system. Mastercard says it is in the early stages of working on this conversion with the New York City subway.

Mastercard teamed up with the South African government several years ago to change how certain social benefits are paid to residents. The benefits are now being distributed with prepaid cards in lieu of cash, the company says.

Mr. Froman will report to Mastercard chief Ajay Banga. The two worked together at Citigroup Inc. in the early 2000s. Mr. Froman was U.S. trade representative during the Obama administration and a Treasury official during Clinton's presidency.

Write to AnnaMaria Andriotis at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MASTERCARD
04/19NOW POSSIBLE : Mobile Top-ups for Comoros Telecom Mobiles and Entel Subscribers ..
AQ
04/19MASTERCARD : Mashreq Bank wins award at Mastercard MENA Leadership Forum in Fran..
AQ
04/19MASTERCARD : expands Indian research facility
AQ
04/18MASTERCARD : to Participate in Upcoming Investor Conferences
BU
04/18Visa, Mastercard Talk About Cooperating in Online Shopping
DJ
04/18MASTERCARD : Mass Transit Subsidy-Chicago
AQ
04/18NOW POSSIBLE : Mobile Top-ups for Comoros Telecom Mobiles and Entel Subscribers ..
AQ
04/18MASTERCARD : IDEMIA, Network International and Mastercard Partner to Launch Smar..
AQ
04/18MASTERCARD : 40% of all account access attempts are high-risk, says NuData Secur..
AQ
04/17MASTERCARD : Messi, Neymar leading campaign for school lunches in Latin America
AQ
More news
News from SeekingAlpha
04/17PROJECT $1M : Q1 2018 Has Been A Rollercoaster Ride! 
04/15Winning At The Stock Market Table 
04/15Akre Focus Fund Commentary First Quarter 2018 
04/13I Have No Exit Strategy For Visa 
04/13BULLETPROOF INVESTING PERFORMANCE : Week 20 
Financials ($)
Sales 2018 14 499 M
EBIT 2018 8 015 M
Net income 2018 6 265 M
Finance 2018 2 491 M
Yield 2018 0,56%
P/E ratio 2018 30,02
P/E ratio 2019 25,60
EV / Sales 2018 12,8x
EV / Sales 2019 11,4x
Capitalization 189 B
Chart MASTERCARD
Duration : Period :
MasterCard Technical Analysis Chart | MA | US57636Q1040 | 4-Traders
Technical analysis trends MASTERCARD
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 37
Average target price 193 $
Spread / Average Target 7,6%
EPS Revisions
Managers
NameTitle
Ajaypal S. Banga President, Chief Executive Officer & Director
Richard Neil Haythornthwaite Chairman
Edward McLaughlin President-Operations & Technology
Martina Hund-Mejean Chief Financial Officer
Silvio Barzi Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
MASTERCARD17.83%188 682
VISA9.17%280 940
PAYPAL HOLDINGS9.13%95 378
PALO ALTO NETWORKS INC32.79%17 678
XIAMEN MEIYA PICO INFORMATION CO LTD--.--%2 528
MIMECAST LTD32.82%2 245