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Friday 28 August 2015
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Trader’s Round Up – PayPal Holdings, Inc. (NASDAQ:PYPL) United States Steel Corp. (NYSE:X) Franklin Resources, Inc. (NYSE:BEN)

On Wednesday, Shares of PayPal Holdings, Inc. (NASDAQ:PYPL), gained 1.44% to $33.17.

PayPal Holdings said Wednesday it is expanding its One Touch payment service to 13 markets across Europe and Australia, according to ZD Net.

In addition to the US, Canada and the UK, One Touch is now available in Australia, Austria, Belgium, Denmark, France, Germany, Netherlands, Norway, Poland, Spain, Sweden, Switzerland and Turkey.

One Touch is PayPal’s answer to the often laborious process of making purchases within apps and on websites. ZD Net Reports

The service originally launched as a native mobile feature to give shoppers the option of storing their account information in order to complete subsequent in-app purchases with just a single click. In April of this year, PayPal expanded One Touch availability to websites, allowing more traditional e-commerce purchases to be accomplished in the same single-click fashion. ZD Net added

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 United States Steel Corp. (NYSE:X), inclined 1.88% to $14.60, during its last trading session.

United States Steel Corporation workers in Fairfield on Friday held a rally as workers across the company’s footprint call for a new contract agreement between the company and United Steelworkers, according to Bizjournals.com.

The workers’ current agreement runs out at the end of August, according to a report from Fox 6.

However, U.S. Steel could permanently lay off up to 1,100 workers in November when the Fairfield Works blast furnace and related operations. Bizjournals.com Reports

As we formerly stated, the facilities that will permanently close comprise the blast furnace and steelmaking operations, the hot strip mill, the pickle line, cold mill, annealing facility and stretch and temper line. Those components, together with the flat-rolled finishing operations, would be permanently closed on or after Nov. 17. Bizjournals.com added.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular).

Finally, Franklin Resources, Inc. (NYSE:BEN), ended its last trade with 2.93% gain, and closed at $39.99.

Franklin Limited Duration Income Trust a closed-end investment company managed by Franklin Advisers, Inc., declared a dividend of $0.0620 per share, payable September 15, 2015, to shareholders of record on August 31, 2015 (Ex-Dividend Date: August 27, 2015).

Dividends may vary based on the Fund’s net investment income. Past dividends are not indicative of future trends.

Franklin Resources, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships.

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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.

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