On Wednesday, Shares of PayPal Holdings, Inc. (NASDAQ:PYPL), lost -2.44% to $38.39.
PayPal Holdings’s stock was initiated at Citi with a “buy” rating and $47 price target.
After the spin-off from eBay (EBAY), PayPal started operating as a separate company with about $6 billion in net cash, Citi said in an analyst note.
Recent acquisitions and strong performance gives PayPal a planned freedom to adapt its services to digital changes.
PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, in addition to at offline retail locations through a range of payment solutions across company’s payments platform, counting PayPal, PayPal Credit, Venmo, and Braintree products.
Shares of NXP Semiconductors NV (NASDAQ:NXPI), declined -2.29% to $90.28, during its last trading session.
NXP Semiconductors declared it has been named a winner in the EE Times and EDN 2015 UBM Canon ACE Awards in the Company of the Year category. The awards program honors the people and companies behind the technologies and products that are changing the world of electronics.
The winners were declared at an awards ceremony on Tuesday, July 21, at the Santa Clara Convention Center, during the Embedded Systems Conference Silicon Valley.
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power administration, interface, security, and digital processing products worldwide.
Finally, ITT Corporation (NYSE:ITT), ended its last trade with -0.99% loss, and closed at $36.97.
ITT Corporation will release its second-quarter 2015 financial results at 7 a.m. ET, on Friday, July 31, 2015. At 9 a.m. ET, senior administration will review financial and operating results, comment on current conditions, and answer questions during an investor briefing.
ITT Corporation manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates in four segments: Industrial Process, Motion Technologies, Interconnect Solutions, and Control Technologies.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
