Visa: Fiscal 4Q Earnings Snapshot

SAN FRANCISCO (AP) _ Visa Inc. (V) on Wednesday reported fiscal fourth-quarter net income of $2.14 billion. The San Francisco-based company said it had net income of 97 cents per share. Earnings, adjusted for non-recurring costs, came to $1.12 per share. The results beat Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share. The global payments processor posted revenue of $5.1 billion in the period, also beating Street forecasts. Twelve analysts surveyed by Zacks expected $5.03 billion. Visa shares have fallen almost 4% since the beginning of the year, while the Standard & Poor’s 500 index has climbed 1%. In the final minutes of trading on Wednesday, shares hit $180.87, an increase of roughly 1% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on V at https://www.zacks.com/ap/V

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The White House is rolling its eyes at the big ‘Anonymous’ reveal

The White House is just as impressed with the revelation of “Anonymous” as everyone else.On Wednesday, former Homeland Security Chief of Staff Miles Taylor revealed he was the one who wrote a New York Times op-ed and a subsequent book detailing how he was part of a “quiet resistance”