** Mobile-banking-software maker Monitise Plc's falls 8 pct, down for the second day after Visa Europe cuts stake in co ** Bottom performer on the FTSE AIM Telecommunications Index and third most traded stock on the London Stock Exchange ** Co said on Wedndesday that Visa Europe Lim
Read moreMonitise shares were hit by news on Wednesday that Visa, a major shareholder and business partner since 2011, was going to reduce its shareholding in the mobile banking specialist over time. Visa Europe's stake represents 5.3% of Monitise's equity. Monitise, which earlier this year failed in its hu
Read more** Mobile-banking-software maker Monitise Plc's shares fall as much as 22 pct after shareholder Visa Europe plans to further cut its stake in the company ** The company says it had been notified by Visa Europe Ltd that it would reduce its shareholding over time while continuing to work wit
Read moreMonitise, a mobile banking and payments service group, said its revenues will be lower than previously expected due to a "difficult year". The company expects full-year revenue to be between £88-90m, below previous guidance of £90-100m announced in March. However, it also anticipates operating and
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