Fed Pessimism Fuels Asia Losses; but Nikkei Up
CIT Group Inc
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The earnings train is about to leave the station, with reports due Tuesday from three Dow components, some transportation names and Apple.
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The earnings train is about to leave the station, with reports due Tuesday from three Dow components, some transportation names and Apple.
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It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
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SAN FRANCISCO, April 3- EBay Inc's payments business, PayPal, already lends money to online shoppers, but it is now starting to finance the merchants who sell on the company's online marketplaces. PayPal has already tested a financing program for eBay sellers in the UK and it plans similar tests in the United States this year, a company spokesman said on Tuesday.
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*Amazon launched merchant lending business last year. SAN FRANCISCO, April 3- EBay Inc's payments business, PayPal, already lends money to online shoppers, but it is now starting to finance the merchants who sell on the company's online marketplaces.
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Feb 14- Hedge fund heavyweights from Leon Cooperman's Omega Advisors to Barry Rosenstein's Jana Partners threw in the towel on Apple Inc in the fourth quarter, while other managers found discount retailers Dollar General Corp and Dollar Tree Inc attractive, regulatory filings showed on Thursday.
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Stocks were higher across the board in thin trading Friday, with major averages struggling to close higher for the week, but gains were limited as investors hesitated to jump in amid a lack of strong catalysts to further fuel the recent rally.
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NEW YORK, Feb 8- CIT Group Inc had preliminary talks over the past year and a half to sell itself to banks, including Toronto-Dominion Bank and Wells Fargo& Co, but nothing came of the conversations, according to three people familiar with the specialty finance company.