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January 27, 2016 09:35 pm GMT

PayPal Shares Up 6% On Earnings; Revenue Rises 17%

paypal-commerce-rewiredPayPal reported earnings after the bell Wednesday, and the stock quickly ticked up 6% in after hours trading.The payments company authorizeda $2 billion stock repurchase program and reported revenue and earnings that exceeded the company’s full year guidance.PayPal’s fourth quarter adjusted revenue came in at $2.56 billion, up 17% year-over-year. Adjusted net income was $443… Read More

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