Business

Have the Zelle banks finally found a winning formula?

Have the Zelle banks finally found a winning formula?

The banks have spent six years working on the systems to support the new service, and in that time, Venmo and other mobile money apps have picked up millions of loyal users. The bank-sponsored product would leapfrog other payment platforms from Facebook, Google, and Apple , which were considered sleek but scattered , and which lacked a critical mass of account holders on a single network .



Mattel, Inc. (NASDAQ:MAT) has industry P/E ratio of 37.45

More interesting news about Alere Inc (NYSE:ALR) were released by: Prnewswire.com and their article: "Alere Inc". The stock increased 0.01% or $0.01 during the last trading session, reaching $49.97. Kansas-based Waddell And Reed Financial has invested 0.17% in Mattel, Inc . This represents a $1.52 annualized dividend and a yield of 6.74%. The ex-dividend date of this dividend was Wednesday, May 17th.



Alps Advisors INC Increases Holding in Magellan Midstream Partners LP (MMP)

They set a "neutral" rating and a $21.00 target price on the stock. Consonance Capital Management Lp holds 5.07% of its portfolio in Globus Medical Inc for 1.86 million shares. It also reduced Teekay Corporation (NYSE:TK) stake by 1.08 million shares and now owns 296,206 shares. Omnicom Group Inc (NYSE:OMC) was raised too. Magellan Midstream Partners L.P.


South Africa's Zuma calls for end to ANC infighting

South Africa's Zuma calls for end to ANC infighting

Fedusa is shocked by ratings agency Moody's Investors Services' decision to downgrade South Africa's foreign and local currency debt from Baa2 to Baa3 with a negative outlook, the trade union federation's acting general secretary Riefdah Ajam said.



FY2017 Earnings Estimate for BT Group plc Issued By Jefferies Group

The Company offers approximately 20 referral and specialty hospitals, which provides secondary and tertiary level healthcare services; approximately 20 community hospitals, and approximately 10 ambulatory clinics. Canaccord Genuity restated a hold rating and set a GBX 550 ($7.11) price target on shares of Cineworld Group plc in a research report on Wednesday, January 11th.


Exxon Mobil Corporation (XOM) Shares Bought by Rosenbaum Jay D

Exxon Mobil Corporation (XOM) Shares Bought by Rosenbaum Jay D

The stock rose 0.90% or $0.74 reaching $82.86 per share. About 2.42M shares traded. Exxon Mobil (NYSE: XOM ) last issued its quarterly earnings results on Friday , April 28th. The Return on Investment (ROI) ratio of Exxon Mobil Corporation (XOM ) is 0.6 percent. They expect $0.94 EPS, up 129.27% or $0.53 from last year's $0.41 per share.