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Fly News Breaks for July 2, 2015
WU, EBAY, XOOM
Jul 2, 2015 | 05:49 EDT
SunTrust analyst Andrew Jeffrey believes eBay (EBAY) unit PayPal's acquisition agreement with Xoom (XOOM) could invite a competitive bid. In a note to investors last night titled "Steal Of The Century," Jeffrey writes Xoom's "one-of-a-kind cross-border remittance franchise and market-leading ACH risk management technology" could bring other suitors. At $890M or $25 per share, PayPal is paying a compelling price, the analyst argues. He sees Xoom's takeover as potentially threatening to Western Union’s (WU) business. Jeffrey has a Buy rating on Xoom with a $29 price target. Following the company's merger agreement with PayPal, the shares traded up $4.40 to $25.10 last night in after-hours trading. PayPal is looking to acquire Xoom ahead of its planned separation from eBay.
News For XOOM;EBAY;WU From the Last 2 Days
EBAY
Apr 19, 2024 | 14:09 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of April 15-19. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here
EBAY
Apr 18, 2024 | 16:26 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
EBAY
Apr 18, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
EBAY
Apr 18, 2024 | 09:41 EDT
Unusual total active option classes on open include: Wrap Technologies (WRAP), AstraZeneca (AZN), JetBlue (JBLU), United Continental (UAL), Taiwan Semi (TSM), Nokia (NOK), EBay (EBAY), Maplebear Inc (CART), Airbnb (ABNB), and UnitedHealth (UNH).