Stocks in the News: MasterCard, Cisco, Visa


The following is a round-up of news likely to affect stock prices today:

Toyota (TM) returned to profit -- of $1.7 billion -- in the latest quarter and raised its annual earnings forecast. For the first time the company gave an estimate for the cost of the global recall -- as much as $2 billion. It also acknowledged design problems with the brakes in the Prius. Analysts warn of a grim outlook as the automaker's reputation suffers. Shares declined over 1% in premarket trade.