Shares of Annaly Capital Management, Inc. (NYSE:NLY) ended Monday session in green amid volatile trading. The shares closed up +0.13 points or 1.20% at $10.92 with 9,583,470 shares getting traded. Post opening the session at $10.79, the shares hit an intraday low of $10.79 and an intraday high of $10.94 and the price vacillated in this range throughout the day. The company has a market cap of $10.83 billion and the numbers of outstanding shares have been calculated to be 1.02 billion shares.
Annaly Capital Management, Inc. (NLY) owns a portfolio of real estate related investments in the United States. It invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; and residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. The company also acquires, finances, and manages commercial loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets. In addition, it engages in corporate middle market lending transactions; and operates as a broker-dealer. The company has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. Annaly Capital Management, Inc. was founded in 1997 and is based in New York, New York.
Shares of Paypal Holdings Inc (NASDAQ:PYPL) ended Monday session in green amid volatile trading. The shares closed up +0.27 points or 0.67% at $40.34 with 9.05 million shares getting traded. Post opening the session at $39.38, the shares hit an intraday low of $39.38 and an intraday high of $40.51 and the price vacillated in this range throughout the day. The company has a market cap of $48.18 billion and the numbers of outstanding shares have been calculated to be 1.21 billion shares.
On September 6, 2016 Visa (NYSE:V) and PayPal (PYPL) announced that Visa Checkout will soon be available as a payment service for Braintree merchants.
Braintree, a PayPal company that powers payments for companies like Airbnb, Eventbrite, Pinterest and Uber, offers simple solutions that enable merchants to accept a variety of payment options online, in app and in-stores, and soon Visa Checkout will be available as one of Braintree’s payment options. The online payment service allows Visa cardholders to pay on any connected device, in just a few clicks, using their Visa account. Visa Checkout is already part of the shopping experience at many leading online retailers including Starbucks, Walgreens and Best Buy.
“With the Visa card at the center of the payment experience, Visa Checkout brings familiarity and trust to digital shopping offered by Braintree’s customers — some of the most innovative merchants driving ecommerce and m-commerce,” said Sam Shrauger, senior vice president, digital solutions, Visa, Inc. “We’re thrilled to be partnering with PayPal and Braintree to make cards work better on any connected device.”
“At Braintree, we’re singularly focused on giving our merchants the flexibility and freedom to choose from the best commerce experiences available,” said Juan Benitez, GM, Braintree. “Offering simple and easy access to Visa Checkout through Braintree’s platform reinforces our commitment to merchants as we continue adding relevant payment services to our platform, and will be an important way we continue to expand on our partnership with Visa.”