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Visa beats predictions, helped by emerging markets

By Christina Rexrode
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NEW YORK (AP) — Visa beat Wall Street’s expectations for the latest quarter as it sought out business overseas.

The payments processing company made $1.7 billion for the fiscal fourth quarter, which covered July through September, or $2.47 per share. That was nearly double the $880 million, or $1.27, that it made in the same period a year ago.

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