Dow Jones Industrial Index: Visa
Dow Jones Industrial Index: Visa Visa triggered a loss-reduction selling rule of 7 to 8 percent from 217.75 purchase points, according to IBD MarketSmith chart analysis. Stocks fell 0.5 percent on Monday. What is Visa? Credit card giant Visa (NYSE: V) is another relatively easy-to-understand business, yet its business model like Coca-Cola might surprise you. When you use a Visa card to pay for a purchase, you are borrowing from a bank or other lender linked to the card, not Visa. This organization collects the interest payments you make, not Visa. Visa charges a percentage on every purchase you make...
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