Tuesday, November 13, 2012

Stocks to watch Monday: Groupon, Visa

CHICAGO (MarketWatch) -- Among the stocks that could see active trade in Monday�s session are Groupon, Global Payments and Visa.

Shares of Groupon GRPN �slumped more than 10% in after-hours action Friday after the company revised down its fiscal fourth quarter revenue and profit but stuck to its first quarter outlook.

Global Payments GPN �recovered a bit late after taking a 9% beating in the regular session. After the close, the company said that it had �identified and self-reported unauthorized access into a portion of its processing system� but �promptly notified appropriate industry parties to allow them to minimize potential cardholder impact.�

And Visa V �and MasterCard MA �could both take some hits. The two are warning banks around the country of a �massive� security breach at one of their U.S.-based credit-card processors, according to a report posted Friday on the security-industry blog KrebsonSecurity.com.

The breach is thought to have occurred between Jan. 21 and Feb. 25, and could involve as many as 10 million credit card numbers.

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