— The credit card behemoth's stock was trading more than 2% lower after announcing plans to change its share structure. Visa's Class A shares are held by the public, its B shares are held by U.S. banks, while C shares are owned by foreign banks.
The company wants shareholders to approve an exchange offer that would release transfer restrictions on portions of the Class B stock.— The semiconductor stock rose 7% after beating earnings expectations for the second quarter. Semtech earned 11 cents per share after adjustments, exceeding the consensus estimate of 2 cents per share from analysts polled by FactSet. However, the company offered weak guidance for the third quarter.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sumber: NBCPhiladelphia - 🏆 569. / 51 Baca lebih lajut »
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »
Sumber: NBCPhiladelphia - 🏆 569. / 51 Baca lebih lajut »
Sumber: NBCLA - 🏆 319. / 59 Baca lebih lajut »