New Buzz: Mastercard (NYSE:MA), Visa (NYSE:V), Under Armour (NYSE:UA), Marathon Petroleum (NYSE:MPC), Target (NYSE:TGT)

Technology Stocks News 1

Card companies Visa Inc and MasterCard Inc (NYSE:MA) may be able to avoid paying heavy security deposits to operate in Russia if they can find local processing partners by the end of October, Russian media outlets reported. Mastercard Inc (NYSE:MA) stock performance was 0.71% in last session and finished the day at $76.74. Traded volume was 3.21million shares in the last session and the average volume of the stock remained 5.32million shares. The beta of the stock remained 0.95. Mastercard Inc (NYSE:MA) insider ownership is 10.60%.

Visa Inc. (NYSE:V), the global leader in payments, today released the second installment of the Visa Everywhere Travel Report for the 2014 FIFA World Cup Brazil. The report, which analyzes travel data and spending through the use of Visa credit, debit and prepaid cards, found that Egyptian fans spent US$140,225 during the first 14 days of the tournament. Visa Inc (NYSE:V) rose 0.78 percent to $216.51 Thursday on volume of 1.39million shares. The intra-day range of the stock was $215.10 to $217.00. Visa Inc (NYSE:V) has a market capitalization of $136.06billion.

Under Armour Inc (NYSE:UA) had its target price boosted by Cowen and Company from $48.00 to $55.00 in a report issued on Thursday. UA has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. upgraded shares of Under Armour from a hold rating to a buy rating in a research note on Wednesday, June 4th. Under Armour Inc (NYSE:UA)’s stock on July 03, 2014 reported a increase of 1.67% to the closing price of $60.25. Its fifty two weeks range is $29.73 -$62.40. The total market capitalization recorded $12.84billion. The overall volume in the last trading session was 954,533.00million shares. In its share capital, UA has 213.11million outstanding shares.

Marathon Petroleum Corp (NYSE:MPC) rose 1.28 percent to $80.90 in the previous trading session after S&P Equity Research raised its ratings for the marketer of petroleum products from “Hold” to “Buy” in a research report published on 3rd of June. On Thursday, shares of Marathon Petroleum Corp (NYSE:MPC) advanced 1.28% to close the day at $80.90. Company return on investment (ROI) is 16.10% and its monthly performance is recorded as -7.90%. Marathon Petroleum Corp (NYSE:MPC) quarterly revenue growth is -6.75%.

Target Corporation (NYSE:TGT) issued a statement on Wednesday to “respectfully request” that customers don’t bring their firearms to Target, following a series of demonstrations by gun rights groups. In recent weeks, Wendy’s, Applebees, Jack in the Box, Chipotle, Chili’s and Sonic have discouraged customers from carrying firearms in their restaurants following similar demonstrations. “This is a complicated issue, but it boils down to a simple belief: Bringing firearms to Target creates an environment that is at odds with the family-friendly shopping and work experience we strive to create,” said Target’s interim CEO John Mulligan in a statement. Target Corporation (NYSE:TGT) stock performance was 1.26% in last session and finished the day at $59.51. Traded volume was 3.01million shares in the last session and the average volume of the stock remained 5.46million shares. The beta of the stock remained 0.61. Target Corporation (NYSE:TGT) insider ownership is 0.20%.

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