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Stock Market & Financial Investment News

News Breaks
November 14, 2012
06:03 EDTDFS, EBAYPayPal 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
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December 22, 2014
16:27 EDTEBAYAmazon Dec. week 3 SSS up 12%, eBay SSS up 3.9%, ChannelAdvisor says
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09:02 EDTEBAYeBay Enterprise extends multiyear agreement with Belk
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December 18, 2014
14:39 EDTEBAYBacker of Internet sales tax to get powerful Senate post
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07:08 EDTEBAYStubHub announces partnership with AudienceView
StubHub announced a brand new partnership with AudienceView, an e-commerce provider for entertainment organizations worldwide, to serve as a distribution channel for primary ticketed events. The partnership with AudienceView will add to StubHubís existing supply in theater and performing arts, in addition to music, sports, and other forms of live entertainment. In turn, StubHub users can expect to find tickets to the broadest array of events anywhere online. Both companies expect the ticketing integration to be completed during the first quarter of 2015.
06:13 EDTEBAYKey PayPal executive leaves for Facebook, WSJ reports
PayPalís VP of growth and global strategy, Stan Chudnovsky, is leaving the company ahead of its planned spinoff from eBay (EBAY), The Wall Street Journal reports. Chudnovsky is set to join Facebook (FB) as its head of product management for messaging products. Reference Link
06:00 EDTEBAYeBay's Christopher Payne set to leave company, sources say, Re/code reports
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December 17, 2014
16:32 EDTDFSDiscover initiated with a Buy at Jefferies
Target $75.
13:21 EDTDFSDiscover assumed with an Overweight at Morgan Stanley (pre-open)
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08:08 EDTEBAYeBay adds Brooklyn small businesses to Local program
80 small businesses in Brooklyn have joined eBayís Local program and will offer delivery and/or in-store pickup to Brooklyn shoppers through eBayís website and mobile apps, the company announced yesterday in a post to its corporate website. Reference Link
December 16, 2014
09:17 EDTEBAYInternet sector upgraded to Attractive from Neutral at Goldman
Goldman upgraded the Americas Internet sector to Attractive to Neutral based on more reasonable valuations, reduced expectations, and strong sector growth. As part of the sector change, the firm upgraded GrubHub (GRUB) to Buy from Neutral, downgraded Shutterfly (SFLY) to Neutral from Buy, and lowered Priceline (PCLN) to Buy from Conviction Buy.
December 15, 2014
08:26 EDTEBAYeBay putting more focus on alternative lending, FT reports
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08:15 EDTDFSDiscover reports November net charge-offs 1.87% vs. 1.53% last month
Reports November delinquency rate 1.52% vs. 1.53% last month.
December 12, 2014
06:37 EDTEBAYApple online store begins accepting PayPal, Re/code reports
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December 11, 2014
05:52 EDTEBAYStocks with implied volatility above IV index mean; DG EBAY
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