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Payment processors hook up, Priceline slides and Hertz surges

The US payments processor is buying British Rival Worldpay ( WPYGY ) in a deal worth $10.4 billion.

The industry has seen consolidation as consumers opt to pay with smartphone or mobile payments instead of cash.

The pharmaceutical firm cut its outlook for the year after reporting earnings and revenue that missed analysts’ estimates.

Even though the online travel company beat on both earnings and revenue last quarter, bookings that fell just short of analysts’ expectations.

Even though the rental car company reported a much wider-than-expected loss, revenue matched expectations and the Hertz said it made significant progress in its turnaround plan.

READ MORE (Yahoo Finance)

  • US payments firm Vantiv clinches $10 billion deal to buy WorldpayReuters Canada
  • Vantiv seals €10.3bn deal to buy digital rival WorldpayIrish Times
  • US payments firm Vantiv clinches $10 bln deal to buy WorldpayNasdaq
  • US firm Vantiv to buy British rival Worldpay for £9.3bnThe Guardian
  • Payments processor Vantiv buys WorldPay for $10 billionCBS News
  • For Worldpay, Everything Must GrowBloomberg
  • JPMorgan Ends Instant Debit Cards At Branches
  • Cincinnati-based Vantiv buys rival WorldPay in $10B
  • Vantiv and Worldpay agree to $12 billion merger to create global ecommerce ...VentureBeat

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Payment processors hook up, Priceline slides and Hertz surges


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