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Piper Jaffray Cites Future Competition In eBay Downgrade
Thursday, March 19, 2015 - 8:32am | 231Read More...In a report published Thursday, Piper Jaffray analyst Gene Munster downgraded shares of eBay Inc (NASDAQ: EBAY) to Underweight from Neutral with a price target lowered to $49 from a previous $55. Munster stated that he previously downgraded shares to Neutral in September based on a belief that...
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2 Retailers The Apple Event Could Boost Today
Monday, March 9, 2015 - 10:29am | 208Read More...Brian Sozzi, CEO of Belus Capital Advisors commented on two retailers that could benefit from Monday's Apple Inc.'s (NASDAQ: AAPL) event. Sozzi told Benzinga that Best Buy Co Inc (NYSE: BBY) will benefit because it will now have a fresh product on its sales floor it didn't have a year ago. However...
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Report: Apple Pay System Hit By 'Wave Of Fraudulent Transactions'
Friday, March 6, 2015 - 9:40am | 231Read More...Apple Inc.'s (NASDAQ: AAPL) new mobile-payment system has been hit with a "wave of fraudulent transactions" using credit-card data that have been stolen in recent breaches, according to the Wall Street Journal. The publication, citing sources familiar with the matter, noted that...
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Google Reveals Android Pay. So What Does It Mean For Apple?
Tuesday, March 3, 2015 - 10:19am | 167Read More...At the Mobile World Congress event in Barcelona, Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) detailed its mobile payments framework called Android Pay. Google's Senior Vice President of Android, Chrome and Google Apps Sundar Pichai said that Android Pay will not be a separate payment app as...
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Does Samsung Pay Compete With Apple Pay, Android?
Monday, March 2, 2015 - 10:02am | 320Read More...In a report published Sunday, Citigroup analyst Ashwin Shirvaikar offered some thoughts following Samsung Elect LTD (OTC: SSNLF) introduction of its new phones, Samsung Galaxy S6 and S6 Edge during the Mobile World Congress. Samsung said that its Samsung Pay services will be introduced to the U...
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Citigroup Analyst Elaborates On 5 Reasons To Buy Apple
Thursday, February 26, 2015 - 2:36pm | 374Read More...Citigroup hardware analyst Jim Suva recently released a note in which he mentioned five reasons that will take Apple Inc. (NASDAQ: AAPL) higher: device acceleration, attractive valuation, increase in gross margins, enterprise opportunity and Apple Pay and Passbook. Suva was on CNBC...
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Apple Need Not Worry About Samsung's 'Totally Useless' Acquisition
Friday, February 20, 2015 - 7:56am | 544Read More...Did Apple Inc. (NASDAQ: AAPL) miss out on the M&A of a lifetime when SAMSUNG ELECT LTD(F) (OTC: SSNLF) acquired LoopPay? "I think the technology of this stuff is totally useless," Global Equities Research analyst Trip Chowdhry told Benzinga. "Google has learned from the...
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EXCLUSIVE: Did Apple Just Miss The M&A Deal Of A Lifetime?
Thursday, February 19, 2015 - 3:35pm | 668Read More...Coin and other mobile payment startups get all the media attention, but SAMSUNG ELECT LTD(F) (OTCMKTS: SSNLF) just acquired the one few others were watching: LoopPay. Started by industry veterans Will Graylin and George Wallner, LoopPay is the only card-free mobile payment solution that works...
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EXCLUSIVE: LoopPay CEO Talks Samsung Acquisition, Apple Pay
Thursday, February 19, 2015 - 1:10pm | 581Read More...Two years ago, LoopPay (previously known as The Loop) was a clever concept on Kickstarter. Today it might be the most important acquisition that SAMSUNG ELECT LTD(F) (OTC: SSNLF) has ever made to compete with Apple Inc. (NASDAQ: AAPL). "We solved a very tough problem, which was, 'How...
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Citigroup's 5 Reasons Why Apple Will Trade Higher
Thursday, February 19, 2015 - 10:14am | 660Read More...Citigroup analyst Jim Suva on Thursday offered five reasons why shares of Apple Inc. (NASDAQ: AAPL) can trade even higher. Reason One: Device Acceleration According to Suva, device acceleration is a "significant" underlying positive driver for Apple, as wireless carriers have...
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JP Morgan: Samsung's Acquisition Of LoopPay Is Good News For Apple
Thursday, February 19, 2015 - 9:11am | 126Read More...In a report published Wednesday, JP Morgan analyst Rod Hall discussed Samsung's (OTC: SSNLF) announcement that it has agreed to acquire LoopPay, a mobile wallet solutions provider that turns existing magnetic stripe readers into contactless receivers. Hall wrote that if Samsung decides to propagate...
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JP Morgan Notes 'Slight Negative' For Apple In China
Wednesday, February 18, 2015 - 9:38am | 267Read More...In a report published Wednesday, JP Morgan analyst Rod Hall wrote that Apple Inc. (NASDAQ: AAPL) is facing an "uphill battle" in China as talks with UnionPay appear to be stalling. Hall noted that China's central bank, UnionPay bank-card service and Alibaba Group Holding Ltd (NYSE...
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Will Apple Pay Be Available For Federal Government Transactions?
Tuesday, February 17, 2015 - 11:20am | 130Read More...In a report published Tuesday, JPMorgan analyst Rod Hall suggested that Apple Inc.'s (NASDAQ: AAPL) Chief Executive Officer Tim Cook may have said at the White House summit on cybersecurity that Apple Pay will be available for many transactions within the Federal Government beginning in September....
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Weekly Tech Highlights: Apple Pay's Newest Supporter, Tesla's Q4 Results And More
Saturday, February 14, 2015 - 8:54pm | 586Read More...It was a quiet week in the world of technology. Ruled mostly by earnings and minor announcements, the second week of February proved to be less exciting than the last. However, there were a few tidbits investors shouldn't overlook. Starbucks + Apple Pay = Convenient Coffee Apple Pay, the new mobile...
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Whole Foods' Pricing Strategy: Beer Gardens And Apple Pay
Friday, February 13, 2015 - 4:13pm | 375Read More...Whole Foods Market, Inc. (NASDAQ: WFM) came out with better than expected results for the first half of fiscal year ’15, which sent the company’s shares soaring Thursday. It posted record total sales of $4.7 billion, while EPS was slightly higher at $0.47 than analysts’...
