|November 14, 2012|
|06:03 EDT||EBAY, DFS||PayPal begins moving into stores, WSJ reports|
PayPal (EBAY) President David Marcus is moving the payments processor off the Web and into stores, and has made a deal with Discover Financial Services (DFS) for PayPal customers to access their accounts at any register where Discover is accepted, using their mobile-phone numbers and PayPal PINs instead of cards or cash, to process payments, reports the Wall Street Journal. He's also looking to make his PayPal Here gadget the card-swiping device of choice for smartphone-toting merchants, directly competing with mobile-payments company Square Inc. Reference Link
News For EBAY;DFS From The Last 14 Days
Check below for free stories on EBAY;DFS the last two weeks.
|May 23, 2013|
|07:13 EDT||EBAY||Amazon.com eBay to see little impact from sales tax reform, says Bernstein|
After the Senate passed a bill that would force all online retailers to collect sales tax, Bernstein thinks the impact of such a law on Amazon's (AMZN) gross profits would be "immaterial," while the bill would reduce eBay's (EBAY) EPS by less than 1% in 2014 if it becomes law. The firm keeps Outperform ratings on both stocks.
|May 21, 2013|
|14:25 EDT||EBAY||RadioShack to introduce PayPal in all stores this month, Reuters says|
RadioShack (RSH) will introduce PayPal, the online payment system owned by eBay (EBAY), in all of its retail stores starting this month, reports Reuters. Reference Link
|May 16, 2013|
|10:03 EDT||EBAY||On The Fly: Analyst Initiation Summary|
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen.
|08:11 EDT||DFS||Discover network business remains undervalued, says Susquehanna|
Susquehanna believes Discover's network business is still undervalued calling a hidden asset. The firm expects the company's multiple to expand as the network surfaces on the PayPal and other partnerships. Shares are Positive rated with a $49 price target.
|06:46 EDT||EBAY||eBay initiated with a Buy at Lazard Capital|
|May 15, 2013|
|08:56 EDT||EBAY||Apple fingerprint sensor seems confirmed by PayPal exec, BGR says|
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|07:25 EDT||DFS||Discover reports April net charge-offs 1.94% vs. 2.13% last month|
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|May 13, 2013|
|07:14 EDT||EBAY||eBay revenue, EPS likely to accelerate in 2H13, says Bernstein|
Bernstein expects eBay's revenue and EPS growth to accelerate in 2H13, as implied by the company's guidance. The firm expects the company to benefit from continued user growth in Marketplaces and PayPal. The firm keeps an Outperform rating on the shares.