Visa does not lower full-year forecast as Wall Street had expected

Visa Inc , the world's largest payments network operator, reported a better-than-expected quarterly profit and did not lower its full-year forecasts as many Wall Street analysts were expecting. Visa's strong report on Thursday comes amid fears of a global economic slowdown and a strong dollar, and helped send the company's shares up more than 3 percent in extended trading. Since Visa last gave its forecast, analysts on average had reduced their profit estimate by nearly 5 percent and their reven