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Visa Inc. launched an initial public offering (IPO) that raised $17.9 billion in March 2008. The stock trades under the symbol "V," and was issued to those purchasing at the IPO price of $44 per share. Floor trading began on March 19, 2008. The company is an retail electronic payment network that has the ability to transfer money to financial institutions, merchants, consumers and government entities.
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Fast Facts:
- Stock symbol: V, NYSE
- Annual revenue (2007): $3.590 billion U.S.
- Year Established: 1970 incorporated in Delaware
- Industry: Credit Card
- Phone: 1-415-932-2100
- HQ: San Francisco, California
- President: John C. Morris
- CEO: Joseph W. Saunders
- CFO: Byron H. Pollitt Jr.
- Staff: 5,479
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Visa IPO Questions
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How do i pick a Brokerage firm to handle filing a Reg A IPO? 5 AnswersWhat you really want is a good SEC Attorney. I suggest Lance Kimmel of www.SECLawFirm.com Lance can help you decide what to do. You might also want to talk ... read more -
Why are investor clueless about investing in nonprofitable IPOs? 1 AnswerIt is likely greed and of course investors perceive momentum and the ability to make money off an IPO. read more -
What visa do I need to intern in the USA? 1 AnswerI think that you need a H1B work Visa: http://www.usimmigrationsupport.org/visa_h1b.html -- quote -- H-1B Non-Immigrant Work Visa may be issued to applicants s... read more -
Why do credit cards, such as Texaco (and others) have VISA on them. 1 AnswerOne is a complete credit card from VISA. The other is a credit card like a Sears card or JCPenny's card. The VISA works as a visa. You can buy anything you ... read more
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Visa IPO Offering News
- Yahoo! News RSS: Visa IPO
- Reuters: Kuwait's KIA invests $800 mln in Visa IPO (April 6, 2008)
- Icerocket News Search: Visa IPO
- Rueters: Visa Jumps More Than 35 pct in Market Debut (March 19, 2008)
- Bloomberg.com: Visa Plans Stock-Market Debut as Demand for New Shares Slumps (March 18, 2008)
- Reuters: Bank Owners Counting on Big Payday From Visa IPO (March 16, 2008)
- BusinessWeek: Extra Credit for Visa's IPO (March 10, 2008)
- Charlotte Observer: Should You Join the Visa IPO Craze? (March 3, 2008)
- Reuters: China Merchants Bank Keen on Buying into Visa IPO (March 3, 2008)
- Seeking Alpha: Profit from Visa - the Biggest IPO in U.S. History (March 2, 2008)
- Washington Post: The Appeal of Visa's IPO (March 2, 2008)
- Marketplace: Buzzword: "V" (February 29, 2008)
- Reuters: Visa Sets Possible Record $18.8 Billion IPO (February 25, 2008)
- TheStreet.com: Visa Files Terms for IPO (February 25, 2008)
- Reuters: Visa IPO Hit By Unexpected Snag--Recession Fears (January 25, 2008)
- WSJ.com: Visa Reports Annual Loss Ahead of IPO (December 22, 2007)
- Google News: Visa IPO
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