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InfoWars has been issued another ban, this time from PayPal. The company notified InfoWars on Thursday that it would no longer process the site's store transactions, giving InfoWars 10 days to find a new processor. PayPal said the site had violated its "acceptable use policy," according to InfoWars.
PayPal CEO Dan Schulman discusses how the company is going to monetize Venmo, noting that the company is going to start making Venmo available to merchants — who will foot the bill for it, not the consumer.
PayPal CEO Dan Schulman discusses the unique ways that millennial's manage their money in an interview with Yahoo Finance's JP Mangalindan.
The biggest hindrance to Sony's PlayStation Now streaming service is lag. Because the game isn't stored locally, whatever device you're playing on has to send your button mashing back to Sony's servers to process the input and then feed it back to your TV screen. PlayStation 4 and PlayStation 2 games remastered for PS4 on the service will be downloadable as well as streamable starting today, according to the PlayStation Blog.
Rating Action: Moody's assigns a P-2 commercial paper rating to Halfmoon Parent, Inc. New York, September 21, 2018 -- Moody's Investors Service (Moody's) has assigned a Prime-2 short term rating, on review for downgrade, to the commercial paper (CP) program of Halfmoon Parent, Inc. (Halfmoon), a wholly owned subsidiary of Cigna Corporation (Cigna, Baa1 on review for downgrade). This is consistent with Moody's rating of Cigna's short-term commercial paper.
According to Reuters, as of September 20, ~50%, 65%, and 54% of analysts have given “buy” recommendations to AutoZone (AZO), O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP), respectively.
Wall Street analysts continue to have a favorable outlook on Conagra Brands (CAG) stock. They expect its recent acquisitions, higher net pricing, improving mix, and cost and productivity savings measures to drive its sales and earnings growth rate. A lower effective tax rate is also likely to cushion its earnings.
At last check the Dow was up 82 points, or 0.31%, to 26,739. The record closing highs on Thursday, Sept. 20, for the Dow, the index's first since January, and the S&P 500 came amid improved global risk sentiment and a lull in the U.S.-China trade war.
As the homegrown do-it-yourself stalwart prepares to say goodbye, real estate experts look back with fondness — while looking forward to new opportunities.
Case in point: The Western-themed “Red Dead Redemption 2,” due next month from (TTWO) (TTWO). In a Friday note, Piper Jafrray’s Michael Olson estimated that in a bullish scenario, the game — which he currently forecasts as representing about $260 million in fiscal 2020 revenue — could yield as much as $500 million, boosting per-share earnings estimate a buck higher than his current $4.84 estimate. Take-Two’s Rockstar division this week said the online, multiplayer version of “Red Dead” is now expected to launch in November.
The stock market is about to undergo a major transformation. After the bell Friday, around $2.8 trillion in equities will be reshuffled into the newly created communications services sector. "What's going to be left of the technology sector is going to be largely driven by the hardware and the software and services space," explained Lindsey Bell, investment strategist at CFRA Research, on CNBC's " Trading Nation " on Thursday.
Good day and welcome to the Private Equity Pro newsletter. Adobe Systems Inc. is paying $4.75 billion to buy Vista Equity Partners-backed Marketo Inc. Also, Amazon.com Inc. is teaming up with Samara Capital, which is buying one of India’s largest retail chains.