MasterCard, Visa soar though card spending trimmed
Reuters (Free subscription) | 04/11/2008
... growth while taking advantage of considerable expense leverage," wrote Barclays Capital analyst Bruce Harting."We also note," he added, "that the significant spend volume growth slowdown seen in October, weakening consumer confidence, what's likely to be a slow holiday season, and other weaker consumer spending variables to come, may limit near-term upside potential for shares."Several...
