Summer Heats Up at Mastercard
With operations across the globe, Mastercard (NYSE: MA) has a lot of exposure to the world economy. Even when economic conditions are good in the U.S., weakness overseas can threaten the payment processing company's overall growth. With uncertainty in many parts of the world, Mastercard has had to keep working hard to sustain its advantages over key rivals in the international realm.
Coming into Tuesday's second-quarter financial report, Mastercard investors hoped that the company would be able to power ahead with even stronger results than it saw earlier in the year. The numbers that Mastercard posted were indeed promising, and although investors might not have seen the blockbuster results that they would have preferred, they nevertheless recognize that Mastercard's operational excellence continued to show itself during the quarter.
Image source: Mastercard.
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