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 stock slips as financials fall in a broad market selloff, while Visa and Mastercard advance plans to secure AI-powered agent payments.
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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 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.
Mastercard announced its scheduled participation in two investor conferences taking place in November 2026.
Mastercard, in collaboration with the Global Anti-Scam Alliance and Gogolook, published a report detailing the prevalence and impact of scams in Hong Kong.