Mobile Payment Systems – matinvaramin

PayPal’s buyback history has been ‘very poor.’ Can a new CFO help change that?

August 4, 2022 admin No Comments

PayPal Holdings Inc. pleased investors when it announced a new $15 billion buyback authorization alongside a suite of other shareholder-friendly moves earlier this week. Now investors will have to hope that the company executes better with its new buyback plan than it has in the past. While the e-commerce giant has been repurchasing stock for…

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PayPal earnings mark ‘pivot point’ for stock as cost cuts, Elliott investment are well received

August 3, 2022 admin No Comments

PayPal Holdings Inc. shares have fallen out of favor with investors this year after a string of resets, but the payment giant’s management team is looking to flip the script with a series of moves intended to drive changes in the business. The company announced Tuesday a new buyback authorization and cost-cutting plan, along with…

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PayPal earnings packed in much more than just numbers

August 3, 2022 admin No Comments

After seeing its shares lose roughly two-thirds of their value in the past year, PayPal Holdings Inc. delivered a packed earnings report Tuesday, announcing a new chief financial officer, buyback authorization and cost-savings program, while also confirming that activists at Elliott Management Corp. have taken a stake in the company. Additionally, the company topped expectations…

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Is PayPal about to cut its forecast yet again?

July 30, 2022 admin No Comments

PayPal Holdings Inc. has been bringing down expectations all year. Is the company done yet? Bernstein analyst Harshita Rawat wonders if another cut to PayPal’s revenue guidance is in store when the company posts results Tuesday afternoon. She noted that PayPal executives have most recently called for 15% to 17% revenue growth when excluding impacts…

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Why Apple’s BNPL efforts could mark a ‘tipping point’ in lending

July 5, 2022 admin No Comments

Apple Inc.’s expansion into buy-now pay-later financing could be just the beginning of an attempt to shake up the traditional payments system. The consumer-electronics giant has made other ventures into financial services before, including through its Apple Pay payment technology and a co-branded credit card done with Goldman Sachs Group Inc. GS, -2.00%. However, Apple’s…

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