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Visa hit with merchant class action after US Justice Dept antitrust lawsuit

Visa hit with merchant class action after US Justice Dept antitrust lawsuit By Mike Scarcella Oct 2 (Reuters) - Visa V.N is facing a new lawsuit from U.S. merchants over its payments network, adding legal pressure on the payment card giant after the U.S. Justice Department filed a major antitrust lawsuit against it last week. Advertising and marketing company All Wrapped Up Signs and Graphix filed the proposed class action on Tuesday in federal court in Manhattan, marking the first private antit
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U.S. stocks weekly: Streaking in September

RPT-BUZZ-U.S. stocks weekly: Streaking in September Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX extends winning streak to three weeks, adds 0.6% amid tame inflation data and China stimulus boost .N ** SPX on pace for monthly gain, take that September! ** Dow .DJI and Nasdaq .IXIC also up three consecutive weeks, though the latter still lined up at the velvet rope ** This as benchmark Treasury yield perks up , but can't hold 3-week highs after PCE ** Most sectors fl
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U.S. stocks weekly: Streaking in September

BUZZ-U.S. stocks weekly: Streaking in September ** S&P 500 .SPX extends winning streak to three weeks, adds 0.6% amid tame inflation data and China stimulus boost .N ** SPX on pace for monthly gain, take that September! ** Dow .DJI and Nasdaq .IXIC also up three consecutive weeks, though the latter still lined up at the velvet rope ** This as benchmark Treasury yield perks up , but can't hold 3-week highs after PCE ** Most sectors fleet of foot: Materials sprint to front of the pack, while Energ
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Citigroup, TPG, Aeffe, Chevron, Anglo American, China Evergrande; Updates Visa Sept 26 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1930 GMT on Thursday: * * Citigroup C.N and Apollo Global APO.N have partnered for a $25 billion private credit and direct lending program, illustrating a growing alliance between banks and non-banks looking for a slice of the lucrative $2 trillion market.
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Visa up after unveiling driven acquisition

BUZZ-Visa up after unveiling AI-driven acquisition ** Visa Inc V.N shares rose 0.9% in afternoon trade on Thursday, after the company agreed to buy AI-driven payments protection firm Featurespace ** Deal aims to bolster Visa's financial crime and fraud detection portfolio amid rising sophisticated financial crimes ** Acquisition value not disclosed, but Sky News pegged it at £700 mln ($935.06 mln) ** Featurespace's AI solutions to help Visa clients manage fraud in real time; Visa prevented 80 m
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