Revenues of Mastercard (MA) rose sharply and hit a record high in the third quarter as cardholders spent more on merchandise and services, encouraged by the growing economy and buoyant market sentiment. The results topped Wall Street estimates, sending the company’s shares higher in the pre-market Tuesday. Adjusted earnings climbed to $1.9 billion or $1.78 … Continue reading Mastercard thrives on consumer spending; reports record Q3 results