I had earlier headlines from Visa here: Visa sees no acceleration of economic recovery: CFO
and here: Visa sees no global economic growth acceleration in 2015
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There’s a little more from Reuters:
- Company cut its revenue growth outlook for the year, citing a strengthening U.S. dollar
- “Revenue growth was affected by a strong U.S. dollar and tepid growth from cross-border transactions,”
- Visa’s payment volumes on a constant dollar basis rose 11.5 percent to $1.19 trillion in the quarter
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And more Headlines on Bloomberg: Improving economy will boost earnings, timing unknown