Visa Inc.’s quarterly profit surged sixfold, bolstered by increased consumer spending on credit and debit cards and the integration of its European business. Shares, which have broadly outperformed the market with a 32% increase over the past 12 months, rose 2% to $123.60 in after-hours trading as the company also raised its annual forecast, citing results from the first half of its business year.

Source: Wall Street Journal April 25, 2018 21:27 UTC