Discover and Paypal Partner

Discover and Paypal Partner

Discover Financial Services and PayPal said pre-market Wednesday that they’ve signed an agreement making PayPal more widely available to Discover cardmembers, acquirers and merchants. The agreement provides PayPal with access to Discover’s tokenization services, expanding PayPal’s reach at the point of sale, which will enable U.S. PayPal customers to pay with their Discover cards at all of the contactless-enabled merchants that accept Discover. “The agreement with Discover leverages each company’s […]

Read More ˃
USD/JPY Weighed Down by Performance in Stocks

USD/JPY Weighed Down by Performance in Stocks

The dollar struggled for direction against the yen Tuesday with bullish economic data overshadowed by periodic selling pressure on equities and slight back-up of Treasury yields that dampened demand for the U.S. currency. The dollar was only fractionally higher against the euro and sterling which flatlined at 1.2161 for nearly the entire North American session. USD/JPY was under heavy selling pressure during the Asian session, dropping to a low of […]

Read More ˃
HCA Holdings Projects Gain in Pre-Tax Income, EBITDA for 2016

HCA Holdings Projects Gain in Pre-Tax Income, EBITDA for 2016

HCA Holdings projects year-over-year income before taxes to be approximately $4.5 billion which includes a $25 million loss on sale of facilities. This compares to $3.96 billion for 2015. Adjusted EBITDA is expected to be approximately $8.2 billion, up from adjusted EBITDA of $7.915 billion for 2015. Same facility admissions for Q4 are expected to increase approximately 1.6%, same facility equivalent admissions are expected to increase approximately 1.5% and same […]

Read More ˃
Bonds Push Higher Ahead of Jobs Data

Bonds Push Higher Ahead of Jobs Data

U.S. Treasuries rallied Thursday despite improving economic data and a rush of supply as the market found footing in oversold conditions which drew in bargain hunters. The 30-year settled near 2.965%, the lowest yield/highest price since Late November, having from an overnight low of 3.0545% and 3.045% close Wednesday. The 10-year closed near 2.37% from after a 2.4512% low and close near 2.455%. The five-year went out near 1.865% after […]

Read More ˃
CBS Advances to Near 3-Year High

CBS Advances to Near 3-Year High

CBS shares climbed more than 2% intraday, touching their highest level since March 2014, after Hulu said Wednesday it signed a new deal with the company to carry the CBS broadcast network as well as sports and entertainment channels: CBS Sports Network and POP. The agreement also has a potential to add additional networks in the future, according to a Hulu statement. Shares of CBS traded in a new 52-week […]

Read More ˃