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Barron's Picks And Pans: Medtronic, Yum China, PayPal And More
Sunday, August 27, 2017 - 9:28pm | 587Read More...This weekend's Barron's offers a look at two Manhattan REITs that may be poised to rally. Other featured articles discuss a medical device maker that investors may be underestimating and a Chinese fast-food chain operator with new leadership. The prospects for an e-commerce giant and an iPhone...
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A Third Of Millennials Have Used Venmo To Buy Drugs
Tuesday, July 11, 2017 - 11:28am | 340Read More...While Paypal Holdings Inc (NASDAQ: PYPL) mobile payment app Venmo continues to grow and is on track to process over $20 billion in payments this year, the application has become a medium of suspicious transactions for millennials. In a recent study by LendEDU, nearly a third of millennial...
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Short Paypal? 20-Year-Old Student Takes On Jim Cramer
Tuesday, May 9, 2017 - 2:05pm | 505Read More...Love him or hate him, CNBC's Jim Cramer does his homework and comes prepared to present the facts to support his point of view. On Tuesday, Cramer took on 20-year old Dylan Adelman, a student at The Wharton School who took home the coveted title as the annual investing contest winner in...
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PayPal's Digital Payment Momentum Outweighs Risks
Thursday, April 27, 2017 - 9:57am | 311Read More...Paypal Holdings Inc. (NASDAQ: PYPL) was upgraded by Piper Jaffray after the company beat revenue and EPS estimates when it reported first quarter earnings Wednesday. Paypal faces “significant long-term competitive risks” in the form of transaction economics and the company’s...
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Recode: Amazon Poached Target Exec Who Was Tasked With Beating Amazon
Friday, January 13, 2017 - 12:34pm | 274Read More...According to Recode, Amazon.com, Inc. (NASDAQ: AMZN) just poached a notable executive from Target Corporation (NYSE: TGT) who was ironically tasked with exploring growth initiatives to counter ecommerce giants such as Amazon. A source told Recode that Amazon hired Jamil Ghani, who served as...
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The Sell Side Reacts To PayPal's Q3 Results
Friday, October 21, 2016 - 1:00pm | 361Read More...Shares of Paypal Holdings Inc (NASDAQ: PYPL) gained more than eight percent on Friday and traded at fresh 52-week highs after the company reported its third quarter results. Related Link: PayPal Little Changed On Lukewarm Results, Guidance Here is a summary of how Wall Street analysts reacted...
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Paypal Shares Respond To CFO Statements At Tech Conference
Wednesday, September 14, 2016 - 12:58pm | 347Read More...Shares of Paypal Holdings Inc (NASDAQ: PYPL) gained more than $1 on Tuesday after the company's CFO John Rainey presented at Deutsche Bank's annual DB Tech conference. Deutsche Bank analyst Bryan Keane said in a report that Rainey "pitched a more positive outlook" of the...
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eBay Is Still An Internet Value Play
Tuesday, September 13, 2016 - 12:31pm | 284Read More...Axiom's Victor Anthony recommended approximately a year ago that investors should buy eBay Inc (NASDAQ: EBAY)'s stock over Paypal Holdings Inc (NASDAQ: PYPL) after the company separated itself into the two units. The analyst revisited his thesis in a report on Tuesday and reaffirmed his...
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Paypal's Mastercard Deal Could Be First Step On Path To Peace With Payment Processors
Wednesday, September 7, 2016 - 12:40pm | 267Read More...Mastercard Inc (NYSE: MA) and Paypal Holdings Inc (NASDAQ: PYPL) inked a new agreement Tuesday in which Mastercard will become a payment option within PayPal, expand PayPal's presence at the point-of-sale through tokenzation services from MasterCard, and make Masterpass a payment option for...
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Etsy's Payment Processor Finally Takes Responsibility For Service Outages
Thursday, July 7, 2016 - 3:26pm | 322Read More...Etsy Inc (NASDAQ: ETSY)'s e-commerce platform suffered a major blow last week after its payment processing provider suffered an outage. Tech Crunch noted that "a large number" of Etsy transactions have been disrupted, forcing many of the platform's merchants scrambling to...
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Is Facebook Jealous Of China's WeChat?
Thursday, June 9, 2016 - 9:56am | 331Read More...Facebook Inc (NASDAQ: FB)'s daily active user base dwarfs those of Twitter Inc (NYSE: TWTR) and Snapchat combined. As of the first quarter of 2016, Facebook boasts 1.65 billion users who log on to the platform at least once a month. With statistics like this, Facebook is clearly the king of social...
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PayPal: The Bull Vs. Bear Case
Friday, May 13, 2016 - 2:20pm | 337Read More...Moshe Katri of Sterne Agee CRT hosted 28 attendees to discuss the case for and against owning shares of Paypal Holdings Inc (NASDAQ: PYPL). Katri noted that the bulls outnumbered the bears and were also "more vocal" on their opinion. Topics of conversation included competitive pressure, Venmo usage...
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PayPal Confirms Ongoing Investigation By FTC Over Venmo, 'May Result In Substantial Costs'
Friday, April 29, 2016 - 8:29am | 207Read More...Paypal Holdings Inc (NASDAQ: PYPL) announced in a regulatory filing that the Federal Trade Commission is actively investigating the company to determine if it is engaged in any deceptive or unfair practices. Paypal noted it received a Civil Investigative Demand (CID) from the FTC on March 28,...
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Europe's Version Of Paypal Eyeing Entry Into The U.S. Market
Wednesday, February 24, 2016 - 4:04pm | 294Read More...Klarna, a 10-year old e-commerce firm based in Sweden is eyeing an entry to the U.S. market, according to Reuters. Klarna is one of Europe's most valuable tech start-ups and provides payment services for online storefronts and could offer U.S. consumers an alternative choice to Paypal...
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Buy PayPal, Sell eBay? Investors Give Credence To Spinoff Theory After Earnings
Wednesday, January 27, 2016 - 9:23pm | 350Read More...Results out of eBay Inc (NASDAQ: EBAY) and PayPal Holdings Inc (NASDAQ: PYPL) Wednesday afternoon gave more credence to the school of thought suggesting recently spun-off segments often outperform the market. PayPal Results Looked Solid PayPal posted fourth-quarter adjusted earnings of $0.36...
