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Actionable news in MA: MASTERCARD INCORPORATED,

MasterCard Touts International Business, Recent Deals Amid Earnings Beat

MasterCard (MA) posted higher quarterly profit than analysts expected, benefiting from strong international transactions as well as strong consumer spending.

Adjusted earnings of 96 cents a share at the Purchase, N.Y.-based card-processing network compared with the 90-cent average of estimates in a Bloomberg survey.

Revenue increased 13% from a year ago to $2.7 billion, beating estimates of $2.6 billion, as worldwide transactions climbed 14% to $13.7 billion.

"We carried solid momentum into the second quarter...


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