Company Overview and News

11
6 Most Important Things In Business Today

2018-07-13 247wallst
Commerce Secretary Wilbur Ross will sell all his equities after questions about conflicts of interest. According to Bloomberg:
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4
Walmart reportedly weighing Capital One, Synchrony credit card bids

2018-07-12 cnbc
Walmart has narrowed the competition for its credit card business to bids from two lenders, Capital One and its current card partner Synchrony Financial, according to a report by Bloomberg on Thursday.
SYF

20
Walmart Weighs a Bid From Capital One for Credit Cards - Bloomberg

2018-07-12 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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83
PayPal Holdings Inc. Has the Smell of Musk in Payments

2018-07-10 investorplace
Here’s an interesting piece of trivia: Elon Musk did not found Tesla. But he did co-found the company that later became Paypal Holdings Inc. (NASDAQ:PYPL).
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4
Rodney Williams: From six-figure Procter & Gamble gig to CEO of LISNR

2018-07-06 cnbc
Rodney Williams left a cushy corporate gig with a six-figure salary to build a start-up that sunk him six figures in debt. Now, that business, Lisnr, has raised millions of dollars in funding, has almost 40 employees and counts the likes of the NFL's Dallas Cowboys and NBC as clients.
DSPG LMT SYF

19
PayPal and Synchrony Collaborate, Extend Credit Card Program

2018-07-05 zacks
PayPal Holdings, Inc. (PYPL - Free Report) recently announced the completion of its consumer credit receivables transaction with Synchrony Financial (SYF - Free Report) . Pursuant to this, Synchrony acquired $7.6 billion in receivables, comprising PayPal’s U.S. consumer credit receivables portfolio, valued at $6.8 billion at the time of closing. Moreover, it includes $0.8 billion as participation interests in receivables held by unaffiliated third parties.
FB V GOOGL MA PYPL GOOG SYF

5
PayPal Sells Consumer Credit Receivables, Looks to Diversify

2018-07-04 zacks
PayPal Holdings, Inc. (PYPL - Free Report) has announced the conclusion of the sale of its consumer credit receivables to Synchrony Financial (SYF - Free Report) . The latest divestiture is in sync with PayPal’s “asset light” strategy. Although the company will lose the interest earnings on these credit receivables but it will also be free from the credit-related volatility risk. This deal was announced last year back in November when the company had agreed to sell receivables worth $5.
ZEN BLT UPLD BHP BHPBF BBL PYPL BHP SYF BHPLF

101
The R.I.P. Portfolio: Q2 2018 Update

2018-07-04 seekingalpha
The portfolio has underperformed its benchmark so far in 2018, with General Electric being a significant contributor, but it is properly positioned to benefit from several major trends.
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5
How PayPal and Synchrony Are Further Strengthening Their Partnership

2018-07-03 247wallst
PayPal Holdings Inc. (NASDAQ: PYPL) and Synchrony Financial (NYSE: SYF) took a step forward in their relationship and announced that they had closed their consumer credit receivables transaction. Overall, this collaboration plays to both companies’ strengths in providing seamless digital payments and innovating for their partners, merchants and consumers.
PYPL SYF

7
SYF / Synchrony Financial 8-K (Current Report)

2018-06-27 sec.gov
Document UNITED STATES
SYF

3
American Express has a deal with Amazon for card aimed at small businesses

2018-06-26 cnbc
The card company said the offering is part of a broader multi-year partnership. It is Amazon's first small business card.
SYF

4
SYF / Synchrony Financial 8-K (Current Report)

2018-06-15 sec.gov
Document UNITED STATES
SYF

47
Forbes list: 5th biggest consumer financial services company

2018-06-14 freepressjournal.in
New York : Housing finance major HDFC has been ranked as the fifth biggest public company globally in the ‘consumer financial services category’ on a list compiled by Forbes magazine. American Express has topped this category, while Indiabulls Housing Finance is the only other Indian company (at 13th place) on the list. In the consumer financial services category, HDFC’s rank has moved up from 7th place last year.
COF.PRG COF.PRH DFS COF-P 500325 RELIANCE COF.WS IDKQY COF.PRP COF SYF COF-D DFS.PRB DFS.PRBCL 535789 IBULHSGFIN COF-C COF-F RIGD COF.PRC COF.PRD COF.PRF RLNIY

33
Synchrony Financial Braces Portfolio With Loop Commerce Buy

2018-06-11 zacks
Synchrony Financial (SYF - Free Report) recently completed its Loop Commerce acquisition. The company is now known as Loop Commerce, a Synchrony Solution. However, financial terms of the transaction were not disclosed. With the buyout of this digital and in-store gifting service providing company, Synchrony will be able to expand its technology capabilities with better product lines for its customers.
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MYSYF: Mercury Scheduling Systems (software)
CUSIP: 87165B103