Seeking Alpha

Shares of eBay (EBAY +4.8%) and Discover Financial Services (DFS +4.5%) shoot higher with...

Shares of eBay (EBAY +4.8%) and Discover Financial Services (DFS +4.5%) shoot higher with investor enthusiasm stoked up by a mobile payment venture between the two firms. Win-win? The deal lets PayPal shoulder into Discover's existing stable of merchant bank processors and could mark the watershed moment for the service where it emerges into a more mainstream brick-and-mortar payment alternative. For its part, Discover diversifies by grabbing extra fees from processing transactions and hitches itself to a promising partner in the mobile wallet war.
From other sites
Comments (2)
  • The Autonomous Guy #23
    , contributor
    Comments (209) | Send Message
     
    and when eBay (Pay Pal ) hooks up with McDonald's , I''

     

    really be "LOVIN IT" ..
    22 Aug 2012, 10:40 AM Reply Like
  • alphaman
    , contributor
    Comments (242) | Send Message
     
    Mr. Cohen:

     

    Close your short on EBAY and move on.
    22 Aug 2012, 10:36 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs