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SYF teams with Jewelers Mutual to blend financing and insurance, aiming to boost retail sales and simplify high-value jewelry purchases.
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Synchrony Financing Solutions Will Be Offered in Jewelers Mutual Marketing Materials and in Zing Marketplace STAMFORD, Conn. , May 28, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, and Jewelers Mutual ®, an insurer dedicated to protecting jewelry and jewelry businesses for over a century, today announced a new sponsorship agreement to co-market both services to jewelry merchants looking to make customers aware of both financing and insurance coverage options.
SYF sees momentum from strong earnings, digital growth and a new $2.5B buyback fund, but rising costs and charge-offs raise investor caution.
Shares of PayPal Holdings, Inc. (NASDAQ: PYPL) gained 16.64% over the past month, joining in the broad market’s rally that has been propelled by the announcement of a 90-day tariff pause between the U.S. and China. However, the stock is still struggling longer-term, with a year-to-date loss of 16.85% and a nearly 22% loss since hitting its one-year high on Jan. 17, 2025. Long before there was Venmo and Cash App, there was PayPal. The pioneer of online payments was founded in 1998 in San Jose, Calf. Four years later, it went public and was then acquired by eBay, Inc. (NASDAQ: EBAY) later in 2022. But in 2015, eBay spun the company off to its shareholders, and PayPal has been an independent company ever since. Since then, the company’s online payments services have exploded in popularity, with its market cap peaking at $356.75 billion in July 2021. That coincided with the stock reaching its all-time high of $308.53. However, the company has endured some growing pains since th
Synchrony (SYF) reported earnings 30 days ago. What's next for the stock?
Retaining a 25-year key partner, such as Discount Tire, helps SYF maintain consistent revenue streams and reduces churn risk.
STAMFORD, Conn. and SCOTTSDALE, Ariz.
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Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the industry. Now they're far more reluctant to reverse those steps, even after bank trade groups succeeded in killing the CFPB rule in federal court last month.