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Stockreport

Italy's Treasury agrees to sell digital payments unit PagoPA to Poste Italiane [Yahoo! Finance]

PayPal Holdings, Inc. (PYPL)  More Company Research Source: Yahoo! Finance
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
To address objections from both banks and Italy's antitrust authority, the agreement allocates 51% of PagoPA to the state mint, with the remaining 49% going to Poste Italiane. According to Reuters, the valuation comprises variable components and future payments, though the mint did not provide additional specifics. Earlier this year, PagoPA encountered disagreements over its valuation in the planned sale to Poste Italiane. In recent months, Italian banks have expressed concerns that the sale could intensify competition in the digital payments sector, particularly for smaller lenders. Sources previously informed Reuters that banks had expressed worries to the Treasury that Poste Italiane could leverage PagoPA to further strengthen its position in the digital payments sector, where it already holds a notable presence, potentially increasing competition with banks. Banks in Italy are said to be facing increasing competition in payments from global technology companies such as [Read more]
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Stockreport

Italy's Treasury agrees to sell digital payments unit PagoPA to Poste Italiane [Yahoo! Finance]

PayPal Holdings, Inc.  (PYPL) 
More Company Research Source: Yahoo! Finance
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
To address objections from both banks and Italy's antitrust authority, the agreement allocates 51% of PagoPA to the state mint, with the remaining 49% going to Poste Italiane. According to Reuters, the valuation comprises variable components and future payments, though the mint did not provide additional specifics. Earlier this year, PagoPA encountered disagreements over its valuation in the planned sale to Poste Italiane. In recent months, Italian banks have expressed concerns that the sale could intensify competition in the digital payments sector, particularly for smaller lenders. Sources previously informed Reuters that banks had expressed worries to the Treasury that Poste Italiane could leverage PagoPA to further strengthen its position in the digital payments sector, where it already holds a notable presence, potentially increasing competition with banks. Banks in Italy are said to be facing increasing competition in payments from global technology companies such as [Read more]
IMPACT SNAPSHOT
EVENT TIME:
PYPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS