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PayPal Reported Second-Quarter Earnings

PayPal Reported Second-Quarter Earnings

PayPal Holdings Inc. (NASDAQ: PYPL) released Q2 earnings yesterday, prompting a further increased valuation in their guidance for FY2017.The stock opened at $61 today, up from yesterday’s $58.8 close, but has since dropped to $58.4. The compan..

Visa Beats Q3 Estimates

Visa Beats Q3 Estimates

Payment processing giant Visa Inc. (NYSE: V) said its fiscal third-quarter profit rose sharply from a year earlier, following its purchase of Visa Europe.The San Francisco-based company earned $2.06 billion in the period ending June 30, or 87 cents ..

U.K. Bans Credit Card Surcharges

U.K. Bans Credit Card Surcharges

On Wednesday, the U.K.’s Treasury Ministry announced that British retailers will be forbidden from forcing customers to pay surcharges when they pay for a transaction using a credit card. British consumers tend to face up to 20 percent of surc..

Paypal Announced partnership with Samsung Pay and Visa

Paypal Announced partnership with Samsung Pay and Visa

PayPal Holdings, Inc. (NASDAQ: PYPL), one of the world’s largest Internet payment companies, has announced a big move to expand its digital payment system as they will be partnering with Samsung Electronics. Samsung users will now be able to u..

Gymboree Announced to Close 350 Stores Nationwide

Gymboree Announced to Close 350 Stores Nationwide

This week, the Gymboree Corporation (NASDAQ: GYMB), a children’s clothing retailer, announced that it will close 350 stores as part of its previously announced restructuring.The company filed for Chapter 11 bankruptcy protection in June. Curre..

Vantiv Buy’s Britain Worldpay

Vantiv Buy’s Britain Worldpay

Vantiv, Inc. (NYSE: VNTV)London-based Worldpay was set up in 1989 and has 4,500 employees processing around 31 million mobile, online, and in store transactions each day. They have gained quite a large market share as consumers adopted cashless tran..

Shareholders Reject EpiPen Maker's $98 Million Payout

Shareholders Reject EpiPen Maker's $98 Million Payout

Mylan Inc. (NASDAQ: MYL) made waves earlier this year by awarding former CEO Robert Coury $98 million despite criticism for increasing the company’s EpiPen by 400 percent over seven years. According to CNNMoney, shareholders of the corpor..