PayPal expands retail payments with $2.2 billion Zettle buy

Notable Bullish Options Activity in Twitter (TWTR) Targets Upside in Shares Over Next Few Months -Susquehanna

Susquehanna options strategist Alison Edwards notes bullish options sentiment in Twitter (NYSE: TWTR), as investors purchased ~16,000 Jun 30 Calls for $3.55 and 9k Jul 36 Calls for $1.20 in small untied lots

Apple (AAPL) PT Maintained at $175 at Nomura/Instinet; 'Service Should Exceed Prior 20% Growth by a Bit'

Nomura/Instinet maintained its price target on Apple (NASDAQ: AAPL) at $175.00 while maintaining a Neutral rating, following a review of the company's iPhone and Services business.

Analyst Jeffrey Kvaal affirms his Neutral rating and price target on the shares, noting an uptick in... More

PayPal (PYPL) PT Raised to $85 at Oppenheimer Following Agreement to Acquire iZettle

Oppenheimer raised its price target on PayPal (NASDAQ: PYPL) to $85.00 (from $80.00) while maintaining a Outperform rating following the company's announced agreement to acquire iZettle for $2.2B in cash. iZettle adds ~500K merchants, ~$6B in TPV, and broadens PYPL's in-store and omni-channel capabilities. iZettle... More

Square (SQ) Lower as PayPal's (PYPL) iZettle Deal to Keep International Expansion in Check

Square (NYSE: SQ) is down 1.8% in pre-open trade after PayPal (NASDAQ: PYPL) agreed to acquire European rival iZettle for $2.2 billion.

Morgan Stanley analyst James Faucette said the deal is likely to be a check on SQ's international... More

BofA/Merrill Lynch Reiterates Buy on PayPal (PYPL) Following Reports of iZettle Acquisition Interest

BofA/Merrill Lynch reiterated a Buy rating and $88.00 price target on PayPal (NASDAQ: PYPL) following reports that the company plans to acquire Stockholm-based iZettle. Press reports indicate the all cash purchase price is about $2.2B, which is ahead of the $1.1B valuation... More

PayPal (PYPL) Confirms Deal to Acquire iZettle for $2.2B

PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has agreed to acquire iZettle, the leading small business commerce platform in Europe and Latin America, for $2.2 billion USD. The acquisition of iZettle significantly expands PayPals in-store presence, strengthening PayPals platform to help millions of small businesses around the world grow and thrive in an omnichannel retail environment.

Small businesses are the engine of the global economy and we are continuing to expand our platform to help them compete and win online, in-store and via mobile, said PayPal President and CEO Dan Schulman.... More

PayPal (PYPL) is Said to Pay SEK19B for iZettle - Bloomberg, Citing Dagen Industri

PayPal (NASDAQ: PYPL) is Said to Pay SEK19B for iZettle - Bloomberg, Citing Dagen Industri