Sunday, September 29, 2013
Tuesday, September 3, 2013
Expected earning will growth 50% yoy
Debt free company
Visa, Nike, Goldman Sachs added to Dow Jones Industry Index
BoA, hp, Alcoa are replaced. http://finance.yahoo.com/news/goldman-sachs-visa-nike-set-132500686.html
More than half credit card transaction worldwide payment are generated by VISA
Share Buybacks: Visa outstanding shares reduces from 1.08B to 787M shares since IPO 2008. It is significant reduced 27%. Mean that the "value" of share is increased, instead of diluted, it become "concentrated".