KKR Cashes Out of Railcar Business in $2.9 Billion Deal With Ares
KKR has agreed to sell Infinity Transportation, a major railcar lessor, to Ares Management Corporation in a $2.9 billion transaction.
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Visa (V) stock rises over 1% on Friday as the market remains bullish, with a positive outlook and an upcoming earnings report boosting investor confidence.
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KKR has agreed to sell Infinity Transportation, a major railcar lessor, to Ares Management Corporation in a $2.9 billion transaction.
Visa (NYSE: V) stock gains in premarket trading as the PBOC approves its application to prepare for domestic payment clearing in China.
Visa reports earnings Oct. 27, with analysts expecting $3.44 in EPS and $12.08 billion in revenue as Susquehanna raises its price target to $480.
Visa shares gain about 2% as its stablecoin-enabled Visa Direct prefunding service moved into commercial use, with Inyo Global becoming the first enabler.
Mastercard launched its first major integration since acquiring stablecoin infrastructure firm BVNK in August, bringing fiat and digital asset payments onto shared infrastructure.
Evercore ISI Group increased its price target for Visa shares from $370.00 to $405.00.