PayPal tops Q3 earnings estimates under new CEO Alex Chriss

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PayPal (PYPL) reported third-quarter earnings that topped analyst estimates on both the top and bottom lines. The fintech company reported adjusted earnings ...

) reported third-quarter earnings that topped analyst estimates on both the top and bottom lines. The fintech company reported adjusted earnings of $1.30 compared to an estimate of $1.23. Revenue of $7.42 billion was slightly better than the expected $7.39 billion. The company also announced that Jamie Miller will be the company's new CFO. Miller was previously CFO at EY.

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Russia adds fresh capital controls to prop up ruble, but Kremlin is 'applying a Band-Aid to gangrene' -- Royal Bank of Canada has injected $2.95 billion into City National Bank so far this year as part of an effort to clean up the California subsidiary’s balance sheet, according to a new regulatory filing.

 

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