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The Boston Globe

Business

Global growth boosts MasterCard 4Q net income

NEW YORK — MasterCard’s net income rebounded in the fourth quarter as its overseas business continued to expand, the company said. The results benefited by comparison to the year-earlier quarter, which was weighed down by a legal charge.

Net income rose to $605 million, or $4.86 per share, from $19 million, or 15 cents, a year earlier. Revenue rose 10 percent to $1.90 billion.

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