BUZZ-U.S. STOCKS ON THE MOVE-MasterCard, Visa, Great Basin Scientific
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) Wall Street was mixed at the open on Wednesday with the Nasdaq rising for the third straight session on a mixed bag of earnings from large-cap companies, including McDonald's and Coca-Cola. The Dow Jones industrial average was down 0.07 percent at 17,936.67, the S&P 500 was down 0.03 percent at 2,096.69 and the Nasdaq Composite was up 10.45 points, or 0.21 percent, to 5,024.55.
** VISA INC, $68.01, +4.07 pct
** MASTERCARD INC, $90.75, +3.40 pct
China said it would open bank its card clearing market to foreign firms from June. The move will give the likes of Visa and MasterCard direct access to a market valued at $6.84 trillion last year.
** MCDONALD'S CORP, $98.97, +4.32 pct
The world's biggest restaurant chain said it was developing a new turnaround plan to improve sales and profits as it struggled to regain its footing in the highly competitive fast-food market.