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2 HOURS AGO - TheStreet

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One Reason Western Union (WU) Stock Closed Down

NEW YORK (TheStreet) -- Western Union shares dropped 0.21% to $18.95 on Monday as rival eBay's  PayPal's acquisition of Xoom could disrupt the financial service and communications company's pricing model, The Wall Street Journal reports. Online payments system PayPal said last week that it bought the money transfer service Xoom for $890 million in an all-cash deal to expand its mobile offerings and ...

Tags: One Reason Western Union (WU) Stock Closed Down,  Paypal Latest News

3 HOURS AGO - TheStreet

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PayPal Ready to Go on a Shopping Spree After eBay Spinoff

NEW YORK (TheStreet) -- Just days after PayPal announced it has agreed to acquire money-transfer provider Xoom , the payments company is talking about even more  acquisitions. On Sunday, PayPal CEO Dan Schulman told the Financial Times that acquisitions were a priority for the company. "The balance sheet affords us the opportunity to look opportunistically where it makes sense to acquire," Schulman said. ...

Tags: PayPal Ready to Go on a Shopping Spree After eBay Spinoff,  Paypal Latest News

4 HOURS AGO - TheStreet

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Carl Icahn Is Waiting for These 5 Stocks to Reach a Boiling Point

NEW YORK (TheStreet) -- Carl Icahn isn't loving much of what he's seeing in the market right now, but there are a handful of stocks that he's still confident about. The billionaire activist investor has been sounding the alarm in recent weeks regarding the state of the market. He told Fox Business in a June 19 interview that he believes there ...

Tags: Carl Icahn Is Waiting for These 5 Stocks to Reach a Boiling Point,  Paypal Latest News

7 HOURS AGO - TheStreet

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eBay (EBAY) Stock is the ‘Chart of the Day’

NEW YORK (TheStreet) -- Shares of eBay Inc. are down by 0.44% to $61.58 in early afternoon trading on Monday. eBay is a San Jose, Calf.-based online marketplace and auction website. TheStreet's Bryan Ashenberg and Bob Lang of Trifecta Stocks have identified eBay as the "Chart of the Day." Here is what Ashenberg and Land had to say about eBay: ...

Tags: eBay (EBAY) Stock is the ‘Chart of the Day’,  Paypal Latest News

12 HOURS AGO - Benzinga

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BofA: Western Union, Moneygram Will Underperform Market With Xoom Under Paypal

In a report published Monday, BofA Merrill Lynch analyst Sara Gubins maintained Underperform ratings on The Western Union Company (NYSE: WU) and Moneygram International Inc (NASDAQ: MGI), citing "structural concerns." Latest Ratings for WU DateFirmActionFromTo Jul 2015Evercore PartnersDowngradesBuy May 2015CLSAInitiates Coverage onSell May 2015Wells FargoUpgradesMarket PerformOutperform View More Analyst Ratings for WU View the Latest Analyst Ratings

Tags: BofA: Western Union, Moneygram Will Underperform Market With Xoom Under Paypal,  Paypal Latest News