Portfolio/fund/asset management

PayPal earnings packed in much more than just numbers

PayPal earnings packed in much more than just numbers

After seeing its shares lose about two-thirds of their value last year, PayPal Holdings Inc. delivered a packed earnings report Tuesday, announcing a new chief financial officer, a buyback authorization and a cost-savings program, while which confirms that activists from Elliott Management Corp. have acquired a stake in the company. Additionally, the company beat expectations …

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