Value-oriented fund managers, Bruce Berkowitz and Susan Byrne talked to the Morningstar Investing Conference about what stock deals they're buying now -- and what to avoid. Berkowitz's Fairholme fund (symbol FAIRX) has lost 6.47% year-to-date through June 26, beating Standard & Poor's 500-stock index by nearly five percentage points.

Now that both credit card behemoths have issued earnings results (Visa for the first time as a public company) I thought it would be interesting to compare the results from each side by side.

"Shares of Visa Inc. leaped more than 35% in their market debut Wednesday, opening at $59.50 as investor demand for the largest initial public offering in U.S. history drew spirited bidding. It took about 45 minutes to align buyers and sellers before the share finally opened Wednesday, as demand surged amid renewed interest this week in financial shares."

It has been awhile since we have heard anything about the Visa IPO. In the Wall Street Journal this morning, there was an article about credit-card processing giant Visa. Visa plans to sell as much as $17 billion in stock, which would make it the biggest IPO in U.S. history.