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>> EBAY Latest News

18 HOURS AGO - Benzinga

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Xoom Bidding War? SunTrust Says Western Union, Facebook, Google, Others Could Come Forward

Latest Ratings for EBAY DateFirmActionFromTo Jun 2015Mizuho SecuritiesInitiates Coverage onNeutral Jun 2015Keefe Bruyette & WoodsMaintainsOutperform May 2015Topeka CapitalInitiates Coverage onBuy View More Analyst Ratings for EBAY View the Latest Analyst Ratings

Tags: Xoom Bidding War? SunTrust Says Western Union, Facebook, Google, Others Could Come Forward,  Ebay Latest News

18 HOURS AGO - TheStreet

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Xoom Stock Gains After Being Acquired by PayPal for $890 Million

NEW YORK (TheStreet) -- Xoom shares are up 21.21% to $25.09 in pre-market trading on Thursday after online money transfer service PayPal acquired the digital money transfer company for $890 million.Xoom has 1.3 million customers spread across 37 different countries and allows its users to transfer money online through smartphones, tablets and desktops.Xoom will operate as a separate entity outside of ...

Tags: Xoom Stock Gains After Being Acquired by PayPal for $890 Million,  Ebay Latest News

18 HOURS AGO - TheStreet

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PayPal to Acquire Money-Transfer Provider Xoom: What Wall Street’s Saying

NEW YORK (TheStreet) -- Just as PayPal gets ready to separate from eBay , it has decided to spruce up its portfolio a bit and get into the $600 billion digital-money transfer market. On Wednesday, PayPal announced that it has agreed to acquire Xoom , a San Francisco-based digital-money transfer provider for $25 a share, or about $890 million. Many analysts, however, noted ...

Tags: PayPal to Acquire Money-Transfer Provider Xoom: What Wall Street’s Saying,  Ebay Latest News

19 HOURS AGO - Washington Business Journal

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Paypal buys Xoom for $890 million

Paypal said it agreed to buy San Francisco-based digital money transfer provider Xoom for $890 million, or $25 a share in cash. Xoom helps people in the U.S. transfer money to relatives in places such as Mexico, the Philippines, China and India using smartphones, tablets and computers. In 2014, Xoom had more than 1.2 million active customers that sent nearly ...

Tags: Paypal buys Xoom for $890 million,  Ebay Latest News

20 HOURS AGO - Benzinga

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How The Xoom Acquisition Gives PayPal 'Instant' And 'Compelling' Capabilities

In a report published Friday, Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintained an Outperform rating on eBay Inc (NASDAQ: EBAY), with a price target of $70, after news of Paypal, Inc. (NASDAQ: PYPL) entering into an agreement to acquire Xoom Corp (NASDAQ: Latest Ratings for EBAY DateFirmActionFromTo Jun 2015Mizuho SecuritiesInitiates Coverage onNeutral Jun 2015Keefe Bruyette & WoodsMaintainsOutperform May 2015Topeka ...

Tags: How The Xoom Acquisition Gives PayPal 'Instant' And 'Compelling' Capabilities,  Ebay Latest News