On Thursday, Shares of PayPal Holdings, Inc. (NASDAQ:PYPLV), gained 2.99% to $38.63, hitting its highest level.
PayPal Holdings, declared plans to acquire money-transfer provider Xoom earlier this month for $890 million. PayPal’s drive for growth has also fueled acquisitions of CyActive and Paydiant earlier this year for a combined $360 million, according to FactSet data, as well the $800 million acquisition of Braintree Payment Solutions in 2013. PayPal’s finance chief Patrick Dupuis said Wednesday the company plans to remain “acquisitive,” with about $6.6 billion in its war chest.
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 ArcelorMittal (NYSE:MT), inclined 0.45% to $8.94, during its last trading session.
ArcelorMittal, declared that Simon Wandke has been nominated Executive Vice President of ArcelorMittal and promoted to Chief Executive Officer of ArcelorMittal Mining, with immediate effect. Simon replaces Bill Scotting, who is leaving the company to pursue other opportunities.
Simon joined the company in January 2011 as Chief Commercial Officer of ArcelorMittal Mining and is a member of the Group Administration Committee. He has over 30 years` experience in the mining and minerals industry, starting his career in 1981 at BHP Billiton, where he held positions in mines in Australia and Indonesia and other commercial offices globally until 2002. He then joined Destra Consulting Group as Partner before, becoming Chief Marketing Officer for Ferrexpo plc in 2006 based in Hong Kong and Switzerland.
Simon is a graduate of the Australian Institute of Company Directors with a Diploma in Company Directorship. He also holds a Graduate Diploma in Corporate Finance from Swinburne University, Australia, in addition to a B.A., Psych, Marketing (Comm) from the University of Melbourne, Australia.
ArcelorMittal, together with its auxiliaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. It produces finished and semi-finished steel products.
Finally, Swift Energy Co. (NYSE:SFY), ended its last trade with -27.07% loss, and closed at $0.85, hitting its lowest level.
Swift Energy Company, will report its second quarter financial results on Thursday, August 6, 2015 by issuing a news release before the market opens and conducting a conference call to talk about such results on that date at 9:00 a.m. CDT. To take part in this conference call, dial 877-420-2751 five to ten minutes before the planned start time and indicate your intention to take part in the Swift Energy conference call using Conference ID # 80676617. A digital replay of the call will also be accessible two hours after the call’s completion on August 6 until August 20, by dialing 855-859-2056 and using Conference ID # 80676617.
Swift Energy Company, an independent oil and gas company, acquires, explores, develops, and operates oil and gas properties. The company focuses on the Eagle Ford trend of South Texas, in addition to the onshore and inland waters of Louisiana.
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