Check out which companies are making headlines after the bell Wednesday: Apple, AT&T, Visa, Yelp & more.» Read More
NEW YORK, Sept 18- If history is any guide, investors who miss out on getting a slice of Alibaba's massive initial public offering may want to think twice about jumping into the stock once it hits the New York Stock Exchange.
Apple's mobile payments service and the cryptocurrency are "not super comparable," says investor Cameron Winklevoss.
Some of the names on the move ahead of the open.
Sept 18- Visa Inc said it was exploring options for its investment in Monitise Plc, a British mobile banking technology company, sending Monitise's shares down 26 percent. Visa currently has a 5.5 percent stake in Monitise. The company, which first invested in Monitise in 2009, said it would reduce its dependence on external mobile development resources.
If the NFL doesn't want to lose sponsors, it must act soon, the former head of sports marketing for Anheuser-Busch said.
Major sponsors have made public statements criticizing the NFL over its handling of Ray Rice and Adrian Peterson. Will the displeasure take hold?
A report said Devon Energy, Anadarko Petroleum and Facebook are among the multinational S&P 100 corporations hit with the highest tax rates in 2013.
Microsoft announced the smallest percentage increase in its dividend since 2009 and appointed new directors to replace two board members.
SEATTLE, Sept 16- Microsoft Corp on Tuesday announced an 11 percent increase in its quarterly dividend and appointed two new directors to replace two board members who decided not to seek re-election.
It seems money managers are attracted to these payment services providers, says CNBC's Jim Cramer.
The tech giant will make 15 cents of every $100 spent, or 0.15 percent, using Apple Pay, sources said. The FT reports.
Sep 15- Monitise Plc, a mobile banking technology company, said full-year group EBITDA loss widened 63 percent due to investment in product and sales particularly in the second half of the year. Monitise had in July lowered its revenue growth estimate to a range of 31-33 percent from 50 percent, citing a shift in its revenue model.
With all the new Apple products introduced this week, it might be the software that makes the biggest splash.
U.S. stocks closed down on Friday, breaking five weeks of consecutive gains as investors awaited the Federal Reserve's announcement next Wednesday.
MUMBAI, Sept 11- A government drive to expand banking services in India is giving a boost to home-grown card payment network RuPay, which expects to quadruple the number of users by March and make debit cards more acceptable in a nation where cash is still king.
Banks and credit card organisations are in talks to bring Apple's mobile payment technology to Europe, the FT reports.
Stocks rose on Wednesday, with social-media shares helping lift the technology sector.
Sept 10- Apple Inc's launch of its own tap-to-pay system using near-field communication in its new iPhones and smartwatches may not be a game changer after all. Apple is betting on the popularity of its iPhones and the convenience and security of its payment system to prompt customers and retailers to make the shift.
Sorry, Apple fans. The watch was cool but that wasn't the big deal of Apple's announcement. Here's what it was, says Michael Yoshikami—and it's a game-changer.
Apple just made its assault on antiquated payment systems—will it kill some new ones in the process?, asks Fast Money trader Brian Kelly.