PayPal Holdings Inc (PYPL.O)
14 Dec 2017
Thu, Dec 14 2017
(The following statement was released by the rating agency) CHICAGO, December 14 (Fitch) Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) for PayPal Holdings, Inc. (PYPL) at 'BBB+', and assigned a new 'BBB+' rating to PayPal's $3 billion senior unsecured, 364-day delayed draw term loan. PayPal's strong leadership role in the digital payments arena and solid profitability positions the company well in the years ahead. The company has publicly signalled a move toward debt as pa
BRIEF-Paypal Holdings - On Dec 5, Co, As Borrower And Paypal Inc, As Subsidiary Guarantor, Entered Into A Credit Agreement
* PAYPAL HOLDINGS - ON DEC 5, CO, AS BORROWER AND PAYPAL INC, AS SUBSIDIARY GUARANTOR, ENTERED INTO A CREDIT AGREEMENT
* PAYPAL - REVIEW OF TIO'S NETWORK HAS IDENTIFIED POTENTIAL COMPROMISE OF PERSONALLY IDENTIFIABLE INFORMATION FOR ABOUT 1.6 MILLION CUSTOMERS
KARLSRUHE, Germany Germany's highest court ruled on Wednesday that PayPal's purchase protection scheme does not shield customers from being sued for the price of items they bought online even if PayPal had granted them a refund.
KARLSRUHE, Germany, Nov 22 Germany's highest court ruled on Wednesday that PayPal's purchase protection scheme does not shield customers from being sued for the price of items they bought online even if PayPal had granted them a refund.
NEW YORK U.S. stocks rose on Monday, with Verizon boosting the telecoms sector after the stock got an upgrade, while a deal in semiconductors lifted high-performing tech shares. | Video
Nov 20 U.S. stock indexes opened slightly higher on Monday, led by gains in technology stocks including Cisco and PayPal.
PayPal Holdings Inc said it would sell its $5.8 billion-worth U.S. credit portfolio to Synchrony Financial and raised its current-quarter revenue and profit forecasts, sending the company's shares to a record high.
* Synchrony stock rise about 3 pct (Recasts, adds forecast, analyst quotes; updates shares))
* Synchrony financial says transaction with paypal not expected to impact current capital plan announced may 17- sec filing