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Stocks Bump Into Resistance; Halliburton, Hasbro, PayPal Jump

2015-07-20 18:20:46| Toys - Topix.net

The Nasdaq reversed out of an early gain and dipped a fraction. The S&P 500 and the Dow Jones industrial average dimmed about 0.1% apiece.

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EBay in sale ahead of PayPal split

2015-07-16 17:59:12| BBC News | Business | UK Edition

EBay sells its Enterprise arm for $925m (593m) and beats forecasts for second-quarter profits as it prepares to spin off PayPal.

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Former PayPal CEO: If I Was Still Running Company Guns Would Still Be Allowed To Be Bought And Sold

2015-07-11 18:48:26| Grocery - Topix.net

American entrepreneur Peter Thiel, co-founder and former CEO of PayPal says if he was still running the company, firearms would be allowed to be bought and sold through its service. Thiel appeared before attendees at the libertarian oriented Freedom Fest at Planet Hollywood Saturday, when he debated Whole Foods CEO John Mackey.

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PayPal to acquire digital money transfer provider Xoom

2015-07-02 09:04:00| Telecompaper Headlines

(Telecompaper) PayPal said it has agreed to acquire Xoom, a digital money transfer provider, for USD 25 per share in cash, bringing the total entreprise value to USD 890 million. The deal, at a 32 percent premium over Xoom's three-month volume-weighted average share price, was unanimously approved by the boards of directors of both companies, as well as the board of PayPal parent eBay. The acquisition will allow PayPal to offer a broader range of services worldwide, increase customer engagement and enter a growing adjacent marketplace, the company said. Xoom is present in 37 countries, and in particular in Mexico, India, the Philippines, China and Brazil. Due to anticipated one-time integration costs, the transaction is expected to be slightly dilutive to PayPal's non-GAAP earnings per share for 2016. PayPal intends to fund the deal with cash on its balance sheet.

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Be Ready To Get A Piece Of PayPal - Cramer's Mad Money

2015-05-22 16:35:23| Auto Parts - Topix.net

Cramer started the show by mentioning that the market has been crazy in the last 24 hours, and he saw a lot of snap judgments. That is an easy way to lose money.

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