Top Technology Stocks:
Technology shares are lower in pre-bell trading. Alliance Data
Systems Corporation (
), a leading provider of loyalty and marketing solutions derived
from transaction-rich data, today announced its Retail Services
business, which manages more than 120 branded credit programs, has
come to multiple agreements with payments industry leader PayPal,
an eBay Inc. (
) subsidiary. EBAY is down 0.23% at $52.59; ADS is flat at
Under a multi-year agreement with PayPal, Alliance Data will
become an issuer for Bill Me Later credit products and will
maintain a partial interest in the receivables generated under the
program. Bill Me Later is a PayPal service that lets you buy now
and pay later once you're approved and is a secure, instant, and
reusable credit line that doesn't require qualifying customers to
keep another credit card in their wallets.
And, Allot Communications Ltd. (
) reported Q2 2013 non-GAAP net loss of $0.9 million, or $0.03 per
share, on revenues of $21.5 million. Analysts expected earnings per
share of $0.06 and revenues of $26.3 million. In the comparable
period last year, the company reported a non-GAAP net income of $5
million, or $0.16 per share, on revenues of $26.4 million.
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