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Binance Suspends UK Withdrawals And Deposits: What You Need To Know
Tuesday, March 14, 2023 - 9:11am | 402Cryptocurrency exchange Binance has suspended deposit and withdrawal services for UK customers using bank transfers and card payments due to the cessation of support for transactions in British pounds by its local banking partner. The company's spokesperson told Bloomberg that the team is...
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Things Continue To Get Uglier With Paysafe's Stock
Monday, August 16, 2021 - 1:09pm | 297Paysafe Ltd (NYSE: PSFE) shares are falling lower Monday, after the company announced its third-quarter guidance and missed expectations. For the third quarter, the company said it expected revenue of between $360 million and $375 million. Analysts were calling for revenue of $384.4 million....
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If You Invested $1,000 In eBay When It Acquired PayPal, Here's How Much You'd Have Now
Thursday, August 12, 2021 - 11:25am | 351One of the most well-known internet acquisitions of 2002 was when eBay Inc (NASDAQ: EBAY) announced it was acquiring PayPal Holdings Inc (NASDAQ: PYPL). Investors who bought eBay shares on the day the deal was announced have done quite well for themselves. What To Know: eBay announced it was...
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Jumia Falls 20% On Q3 Earnings, Makes 'Progress' On Path To Profitability
Tuesday, November 10, 2020 - 10:52am | 706Leading African e-commerce company Jumia Technologies (NYSE: JMIA) reported third-quarter earnings Tuesday morning. Shares fell on a decline in revenue, but the move could be overdone as the company shifts its business to improve profitability. Earnings: The gross merchandise value fell 28% year-...
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Visa's Q1: Morgan Stanley, RBC Both Bullish
Friday, January 31, 2020 - 1:23pm | 532Visa Inc (NYSE: V) reported first-quarter results Thursday that one analyst described as "unremarkable" and said could be overshadowing the bigger picture. The Visa Analysts Morgan Stanley analyst James Faucette maintained an Overweight rating on Visa with an unchanged $240...
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PayPal Stands Out In Crowded Online Payments Space, Atlantic Securities Says In Upgrade
Thursday, June 21, 2018 - 12:04pm | 364In an online payment space that's in an "evolving" stage with many players, Paypal Holdings Inc (NASDAQ: PYPL) stands out with a convenient and differentiated checkout experience, according to Atlantic Securities. The Analyst Atlantic Securities' Kunaal Malde upgraded PayPal...
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Wedbush Names PayPal As A 'Best Idea,' Projects 20% Upside
Friday, June 8, 2018 - 10:49am | 438Three notable catalysts ahead should propel Paypal Holdings Inc (NASDAQ: PYPL) shares higher by around 20 percent, according to Wedbush. The Analyst Wedbush's Moshe Katri maintains an Outperform rating on PayPal's stock with a price target lifted from $90 to $100. The analyst placed...
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PayPal Has 'Strong Secular Tailwinds,' $110T Total Addressable Market, Stifel Says In Upgrade
Friday, May 25, 2018 - 8:59am | 408Paypal Holdings Inc (NASDAQ: PYPL) hosted its bi-annual investor day presentation Thursday and convinced Stifel the company is much more than just a "button" or "online checkout company." The Analyst Stifel's Scott Devitt upgraded PayPal's stock rating from...
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Morgan Stanley Double Upgrades eBay, Names Stock A Top Large-Cap Pick
Wednesday, April 18, 2018 - 8:07am | 388The bullish case for eBay Inc (NASDAQ: EBAY) is mostly based on its shift towards its own payment system as it pulls away from Paypal Holdings Inc (NASDAQ: PYPL) this year towards a full break-up by mid 2020, according to Morgan Stanley. The Analyst Morgan Stanley's Brian Nowak upgraded eBay...
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PayPal's Q2 Was Strong, But Valuation Has Some Analysts Concerned
Thursday, July 27, 2017 - 10:52am | 546Expectations heading into Paypal Holdings Inc (NASDAQ: PYPL)'s earnings report on Wednesday were "elevated," but the company certainly delivered — total payment volume, revenue, and non-GAAP earnings per share exceeded what analysts at Stifel were expecting. But at the same time, the firm's...
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What 'Game Of Thrones' Taught Us About Online Payments (Spoiler Alerts Ahead!)
Monday, August 1, 2016 - 12:20pm | 1449If you are a "Game of Thrones" fan, you’ll definitely understand the importance of having a strategy to survive in this brutal world. OK, maybe there is a different type of brutality in Westeros, but you should undoubtedly know how to find your place and determine your business’s market...
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Credit Suisse Is Bullish On Payment Processors, Notes 'People Will Not Stop Buying Things'
Friday, December 11, 2015 - 9:55am | 584Paul Condra of Credit Suisse initiated coverage of the "Payments & Fin-Tech" space. Condra noted that a fee-per-transaction model benefits from massive volumes on a fixed-cost processing. The analyst added that simply enough, "People will not stop buying things." Paul Condra of Credit Suisse...
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SunTrust Initiates PayPal At Buy; What Else Are Analysts Saying?
Monday, July 20, 2015 - 10:27am | 462In a report published Monday, SunTrust Robinson Humphrey analyst Bob Peck initiated coverage of Paypal Holdings Inc (NASDAQ: PYPL) with a Buy rating and $45 price target, noting that the "leading enabler" of online and in-app payments has "ample capacity" to fund its future...
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Goldman Starts PayPal At Buy: Here's Why
Tuesday, July 7, 2015 - 9:47am | 354eBay Inc (NASDAQ: EBAY) is in the final stages of splitting off its PayPal (NASDAQ: PYPL) division and analysts are already bullish on the online payment service whose shares will be available for the public to buy on July 20. In a report published Tuesday, Goldman Sachs analyst Heath P. Terry...
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Bernstein: PayPal's Potential Is 'Untapped,' Better Than Apple Pay And Google Wallet
Tuesday, June 30, 2015 - 8:51am | 404In a report published Tuesday, Bernstein analyst Carlos Kirjner discussed eBay Inc (NASDAQ: EBAY)'s PayPal, noting that "PayPal is to payments what Amazon.com is to retail or Netflix to entertainment." Kirjner noted that PayPal is successfully using both the web and mobile to...