MasterCard Bests 3Q Estimates; Shares Rise 2%

MasterCard’s (MA) efforts to boost its presence outside the U.S. seem to be paying off. The second-largest credit and debit card network’s reported a quarterly profit today that handily bested analysts’ estimates as more people, particularly in Asia, opted to use credit and debit cards instead of cash. Investors rewarded the stock. With 20 minutes [...]