Worth Watching Stock’s News Analysis Report: Visa Inc (NYSE:V), DryShips Inc. (NASDAQ:DRYS)

On Tuesday, Shares of Visa Inc (NYSE:V), subtract -2.15% and shut at $79.93 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $79.26 and $81.69. Visa (NYSE:V) recently modified and clarified existing debit network routing rules to assist merchants and acquirers better understand implementation options related to the adoption of EMV chip technology in the U.S. The modifications and clarifications follow new guidance recently issued from the Federal Reserve and address a Federal Trade Commission inquiry.

With Visa chip cards, debit routing and processing are facilitated by two payment application identifiers (AIDs) on the chip – the U.S. Common Debit AID or the Visa Debit AID. The Common Debit AID can support any of the more than one dozen domestic debit networks that issuers can choose to offer in addition to Visa Debit. This provides merchants with the ability to select the network over which a debit transaction is processed or routed.

Shares of DryShips Inc. (NASDAQ:DRYS), subtract -31.65% and shut at $9.22 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $6.10 and $9.66. The association’s commercial center capitalization is $5.45 million with the general uncommon loads of 1.14 million. DryShips Inc. ( NASDAQ : DRYS ) (the “Company”), an international owner of drybulk carriers and offshore support vessels, declared recently that it has closed the formerly declared registered direct offering of 20,000 newly designated Series E-1 Convertible Preferred Shares, warrants to purchase 30,000 Series E-1 Convertible Preferred Shares, warrants to purchase 50,000 newly designated Series E-2 Convertible Preferred Shares, prepaid warrants to purchase an aggregate 372,874 common shares (with the number of common shares issuable subject to adjustment as described therein), and 100 common shares to an institutional shareholder not associated with the Company.

The total gross proceeds from the offering were about $20 million. The Company may further receive up to an aggregate of $80 million if all of the warrants to purchase preferred shares are exercised, for total gross proceeds of $100 million.

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