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Payment-card network MasterCard Inc. on Friday reported an 11% increase in fourth-quarter profit, though its revenue was below Wall Street forecasts as rebates and incentives again ate into growth. Shares fell 0.4% to $83.11 a share in premarket trading. The Purchase, N.Y.-based company's results recently have been pressured across the world from a strong U.S. dollar, particularly when compared with the euro and the Brazilian real. Slower growth in emerging markets and worsening economic conditions in Venezuela have also impacted results. "Entering 2016, while uncertainty in the global economy persists, the fundamentals of our business and our approach remain unchange," said Chief Executive Ajay Banga in a news release.
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