Tag Archives: PYPL stock

Cramer Urges eBay To Work With Elliott, Which Is Unimpressed With Earnings and Dividend And Continues To Push For Spinoffs

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With Elliott and Starboard pushing for changes at eBay (EBAY), including the spinoffs of StubHub and Classifieds, there was more than the usual focus on eBay’s earnings report last week. The company reported record earnings, initiated a dividend and increased its buyback authorization, but signs of concern remain. Elliott, for one, is unimpressed. “eBay’s fourth quarter earnings provided… Read More »

Elliott & Starboard Double Team eBay, Push For Spin Off Of StubHub and Classifieds

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In 2015, under pressure from legendary activist investor Carl Icahn, eBay(EBAY) chose to spin off PayPal(PYPL). While PayPal stock has performed remarkably since the spin-off, eBay stock’s performance has been decidedly prosaic. With this backdrop, not one, but two activist investors have entered the stage and begun pushing for changes. Of course, most relevant to us is that… Read More »

Hit, Stand, Double Down Or Split- How Will Alliance Data(ADS) Play Its Cards Following Board Seat For ValueAct?

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In the nine years after since a scuttled $6.4 billion acquisition by private equity firm Blackstone, Alliance Data Systems(ADS) has done well, with a current market capitalization of $13.5 billion. The company has attracted the interest of ValueAct Capital which has acquired a 10.5% stake.  In an amended 13D filed with the SEC on Monday, ValueAct disclosed that… Read More »