Payment service PayPal apologized for publishing a policy change that would subject users to $2,500 for “misinformation.” The company, in a widely reported statement, said it had published an acceptable Read more
Tag: Mobile Payment Systems
Elon Musk says Twitter will eventually be part of ‘X, the everything app’
Elon Musk has a new plan for Twitter Inc. after giving up a legal battle and agreeing to pay $44 billion for the company Tuesday. ““Buying Twitter is an accelerant Read more
PayPal stock falls after downgrade as analyst worries about margin impacts of its ‘engine’
PayPal Holdings Inc. continues to see traction with its Braintree online-payments product, but that may not be all good news, according to an analyst. Susquehanna’s James Friedman downgraded PayPal shares Read more
5 things we’ve learned from earnings season so far: How big an impact is inflation having?
More than 80% of the S&P 500 index’s companies have reported second-quarter results so far, and at least five key takeaways have emerged — including that Wall Street was far Read more
5 things we’ve learned from earnings season so far: How big an impact is inflation having?
More than 80% of the S&P 500 index’s companies have reported second-quarter results so far, and at least five key takeaways have emerged — including that Wall Street was far Read more
PayPal’s buyback history has been ‘very poor.’ Can a new CFO help change that?
PayPal Holdings Inc. pleased investors when it announced a new $15 billion buyback authorization alongside a suite of other shareholder-friendly moves earlier this week. Now investors will have to hope Read more
PayPal earnings mark ‘pivot point’ for stock as cost cuts, Elliott investment are well received
PayPal Holdings Inc. shares have fallen out of favor with investors this year after a string of resets, but the payment giant’s management team is looking to flip the script Read more
PayPal stock jumps 12% as company confirms Elliott stake and names EA exec as new CFO amid earnings beat
After seeing its shares lose roughly two-thirds of their value in the past year, PayPal Holdings Inc. delivered a packed earnings report Tuesday, announcing a new chief financial officer, buyback Read more
Is PayPal about to cut its forecast yet again?
PayPal Holdings Inc. has been bringing down expectations all year. Is the company done yet? Bernstein analyst Harshita Rawat wonders if another cut to PayPal’s revenue guidance is in store Read more
Here’s what activists at Elliott Management could target at PayPal
After a rough start to the year, PayPal Holdings Inc. reportedly has caught the attention of activists in a development that’s offering some welcome relief for its beleaguered stock. The Read more