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Visa Beats Analyst Estimates as Net Income Rises to $1.7 B During Third Quarter

Visa beat estimates on both its top and bottom line during its fiscal third quarter, the credit card company said on Thursday. Shares of Visa Inc. surged 7% after the company said it is in talks with Visa Europe, a division Visa split off from ahead of the company’s 2008 IPO, for a deal to buy it back.

The company’s results were helped by an increase i ...

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