PayPal’s China, Europe transaction volumes hit by strong dollar

Payment processor PayPal Holdings Inc , spun off from eBay Inc reported quarterly revenue slightly below analysts' expectations as a strong dollar hurt its transaction volumes in China and Europe. Shares of PayPal, which listed for the second time on the Nasdaq in July, fell 5.6 percent in extended trading on Wednesday.

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Soccer-Player receives death threat ahead of Brazilian Cup tie

By Andrew Downie SAO PAULO, Oct 28 (Reuters) – Fluminense are “taking all the appropriate precautions” to ensure the safety of their squad after one of their players received a death threat ahead of Wednesday night’s Brazilian Cup tie against Palmeiras. A spokesman for the club said the threat to midfielder Vinicius came via a private message on Instagram that told him to think twice before helping Fluminense defend their 2-1 first-leg lead.

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Shutterfly quarterly revenue rises 15.5 percent

(Reuters) – Shutterfly Inc reported a 15.5 percent rise in quarterly revenue as more customers used its personalized photo-based products and services. The company’s net loss narrowed to $23.8 million, or 63 cents per share, in the second quarter ended June 30 from $27.1 million, or 70 cents per share, a year earlier. Net revenue rose to $183.9 million from $159.1 million.

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Strong advertising sales boost AOL revenue

By Jennifer Saba and Anya George Tharakan (Reuters) – AOL Inc reported stronger-than-expected revenue growth as advertisers used the digital media company's automated platforms to buy and sell digital ads. Total third-quarter revenue rose 12 percent to $626.8 million, ahead of the average analyst estimate of $623.5 million, according to Thomson Reuters I/B/E/S

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