PayPal expands retail payments with $2.2 billion Zettle buy
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Notable Bullish Options Activity in Twitter (TWTR) Targets Upside in Shares Over Next Few Months -Susquehanna
May 21, 2018 1:48 PM EDTSusquehanna options strategist Alison Edwards notes bullish options sentiment in Twitter (NYSE: TWTR), as investors purchased ~16,000 Jun 30 Calls for $3.55 and 9k Jul 36 Calls for $1.20 in small untied lots
... MoreApple (AAPL) PT Maintained at $175 at Nomura/Instinet; 'Service Should Exceed Prior 20% Growth by a Bit'
May 21, 2018 6:35 AM EDTNomura/Instinet maintained its price target on Apple (NASDAQ: AAPL) at $175.00 while maintaining a Neutral rating, following a review of the company's iPhone and Services business.
Analyst Jeffrey Kvaal affirms his Neutral rating and price target on the shares, noting an uptick in... More
PayPal (PYPL) PT Raised to $85 at Oppenheimer Following Agreement to Acquire iZettle
May 18, 2018 9:08 AM EDTOppenheimer raised its price target on PayPal (NASDAQ: PYPL) to $85.00 (from $80.00) while maintaining a Outperform rating following the company's announced agreement to acquire iZettle for $2.2B in cash. iZettle adds ~500K merchants, ~$6B in TPV, and broadens PYPL's in-store and omni-channel capabilities. iZettle... More
Square (SQ) Lower as PayPal's (PYPL) iZettle Deal to Keep International Expansion in Check
May 18, 2018 8:05 AM EDTSquare (NYSE: SQ) is down 1.8% in pre-open trade after PayPal (NASDAQ: PYPL) agreed to acquire European rival iZettle for $2.2 billion.
Morgan Stanley analyst James Faucette said the deal is likely to be a check on SQ's international... More
BofA/Merrill Lynch Reiterates Buy on PayPal (PYPL) Following Reports of iZettle Acquisition Interest
May 18, 2018 7:34 AM EDTBofA/Merrill Lynch reiterated a Buy rating and $88.00 price target on PayPal (NASDAQ: PYPL) following reports that the company plans to acquire Stockholm-based iZettle. Press reports indicate the all cash purchase price is about $2.2B, which is ahead of the $1.1B valuation... More
PayPal (PYPL) Confirms Deal to Acquire iZettle for $2.2B
May 18, 2018 6:25 AM EDTPayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has agreed to acquire iZettle, the leading small business commerce platform in Europe and Latin America, for $2.2 billion USD. The acquisition of iZettle significantly expands PayPals in-store presence, strengthening PayPals platform to help millions of small businesses around the world grow and thrive in an omnichannel retail environment.
Small businesses are the engine of the global economy and we are continuing to expand our platform to help them compete and win online, in-store and via mobile, said PayPal President and CEO Dan Schulman.... More
PayPal (PYPL) is Said to Pay SEK19B for iZettle - Bloomberg, Citing Dagen Industri
May 17, 2018 3:56 PM EDTPayPal (NASDAQ: PYPL) is Said to Pay SEK19B for iZettle - Bloomberg, Citing Dagen Industri
