PayPal Holdings

PayPal raised its adjusted full-year earnings forecast to about $5.60 per share after adjusted quarterly earnings of $1.45 per share beat expectations. Revenue, however, grew only 2% to $8.60 billion, missing estimates. The company cited progress on its transformation strategy and higher payment volume as drivers and repurchased $1.5 billion of stock. » More on wiwo.de

From 20 November, providers like PayPal and Klarna must more closely check whether customers can repay instalment purchases and short or small loans (including amounts up to €200 and interest‑free payment deferrals). From 1 November the EU will charge an additional €2 handling fee for small parcels from third countries, which can significantly increase shipping costs. Deutsche Bahn is offering the family ticket for up to five people permanently for €99.99; motor vehicle insureds should cancel by 30 November if they want to switch insurance at year‑end. Those expecting high work‑related expenses or extraordinary burdens can apply for a wage tax reduction by 30 November to secure allowances for 2026 retroactively. » More on t-online.de

PayPal will cut about 2,000 more employees and a quarter of management positions to reduce costs. In the third quarter revenue rose only 2% to $8.6 billion (expectation $8.7 billion), while adjusted earnings per share climbed 8% to $1.45 (expectation $1.31). Total payment volume was slightly below expectations at $487.1 billion, and the company raised its full-year forecast for adjusted EPS to about $5.60 (previously ~ $4.38). » More on deraktionaer.de