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Morgan Stanley: Facebook Payments May Help Visa & Mastercard Investors More
Wednesday, March 18, 2015 - 9:58am | 315Read More...In a report published Wednesday, Morgan Stanley analyst Smittipon Srethapramote commented on Facebook Inc's (NASDAQ: FB) person-to-person payments service on Messenger that allows users to send money to each other using debit cards. "We view this as an incremental positive for the...
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Bank Innovation: PayPal Won't Be A Partner In Apple Inc. Pay
Wednesday, October 1, 2014 - 10:18am | 273Read More...According to Bank Innovation, a popular blog featuring banking news, Apple Inc. (NASDAQ: AAPL) and eBay Inc (NASDAQ: EBAY) were previously in talks for PayPal to be a preferred payment process for Apple Pay. As a leader in the payments industry, PayPal was a prime candidate to play a role in...
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Market Wrap For June 10: Stocks Showed Little Change On Light Volume
Tuesday, June 10, 2014 - 4:41pm | 2151Read More...U.S. stocks were mostly unchanged on a catalyst-light day characterized by low volume. The SPDR S&P 500 ETF (NYSE: SPY) has a three-month daily average volume of over 101 million only traded hands 47.8 million times on Tuesday. With little economic or market moving catalysts due in the...
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eBay Shares Down Following News President of PayPal Will Step Down
Monday, June 9, 2014 - 4:41pm | 99Read More...Shares of eBay (NASDAQ: EBAY) are down more than two percent in after-hours trading Monday as the company announced that David Marcus, president of PayPal will be leaving the company. Marcus will be joining Facebook (NASDAQ: FB) to lead its messaging products. eBay reassured investors by...
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PayPal to 'Launch' Space Payment Initiative
Thursday, June 27, 2013 - 2:41pm | 520Read More...PayPal announced on Thursday that it was “launching” PayPal Galactic in partnership with the SETI Institute and astronaut, Buzz Aldrin. You know this has happened to you before. You’re flying around in space and you get halfway around the moon and you run out of antimatter. (If you’re not a...
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Did Comcast Overpay for NBC?
Wednesday, April 10, 2013 - 2:46pm | 505Read More...NBC, one of the nation's least popular TV networks, is in serious trouble. In February, the Los Angeles Times' Scott Collins detailed NBC's painful decline. "The Broadway drama 'Smash'…bombed on its return, with low ratings that shocked even TV veterans," Collins wrote. "The medical thriller 'Do...
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Investors Are 'Looking Backwards' at AIG
Wednesday, April 10, 2013 - 11:16am | 605Read More...Are investors missing out on a great opportunity by avoiding AIG (NYSE: AIG)? According to Evermore Global Advisors co-founder, CEO and CIO David Marcus, the answer is yes. "Our largest holding today is AIG," Marcus told Benzinga. "I know a lot of value investors are starting to buy it. We've had...
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Activision Could be a "Natural" Buy for Microsoft
Friday, April 5, 2013 - 4:08pm | 391Read More...Less than one year ago, Vivendi explored the possibility of selling Activision (NASDAQ: ATVI). The French conglomerate ultimately decided to hold onto its 62 percent stake in the Call of Duty maker. As Vivendi sells off other assets, however, there is always the possibility that it may one day...







