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Technical Analysis
- 8/28/2008 1:34:11 PM
By Chip Brian, SmarTrend Analytics Team
Today MasterCard Inc. (NYSE:MA) reported 4Q results. Net income for the quarter increased from $40.9 million or $0.30 a share the same time last year to $304.2 million or $2.26 a share. Revenue for the quarter increased 28% from $839.2 million last year to $1.07 billion. Since trading this morning shares are up 13.3% to $214.20.
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