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Check Stock: Giants eBay Inc. (Nasdaq:EBAY) and Paypal join the job cuts band wagon, reports Re/code; SM Energy Company (NYSE:SM), Ally Financial Inc. (NYSE:ALLY)

By Lisa Harris February 3, 2015
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eBay Inc. (Nasdaq:EBAY) and Paypal join the job cuts band wagon, reports  Re/code. Paypal and eBay Inc. (Nasdaq:EBAY) started job cuts on Monday, according to reports by Re/code, referring to various sources. A portion of the Paypal job cuts has originated from the business division in charge of inducing retailers and restaurants to acknowledge Paypal as an payment method, proposing that Paypal may be focusing again in the direction of its mobile and internet  roots. There are no confirmed news  about eBay divisions that have been affected the most.

 

SM Energy Company (NYSE:SM) strides ahead, 2014 average daily production up 14%. SM Energy posted a record Q4 normal every day creation of 175.8 MBOE/d which is 13% over the midpoint of already given quarterly direction of 152-159 MBOE/d. In Q4, this out performance  was to a great extent determined by the organization's South Texas & Gulf Coast zone. For year 2014, the company posted yearly average day by day production of 151.1 MBOE/d, which is representative of  14% posted growth in the production compared to 2013. SM is part of the Basic Materials sector in Independent Oil & Gas industry. The stock closed for the day at $40.91 with a change of $3.09 or 8.17%. SM traded in a range of $38.27 to $41.02   through the day. The stock’s 52 week range is $29.41to $90.38  

 

Ally Financial Inc. (NYSE:ALLY) names Jeffrey Brown as CEO, effective immediately. Ally Financial  declared that it has named Jeffrey Brown has the new CEO. The change will become effective immediately. Brown, who has been serving as  president and CEO of Ally's Dealer Financial Services business till most recently, has additionally joined Ally's Board of Directors. Brown has taken place of Michael Carpenter who is resigning as CEO and from the Board. Ally 's Chairman Franklin "Fritz" Hobbs will help  Brown on all ranges of the business.  The closing for ALLY was $19.08 at the day’s end. It was a change of $0.37. ALLY saw a market cap of $9.15B and its Trailing P/E was 10.43.

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By Lisa Harris February 3, 2015
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