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Paypal Nails It — Big Earnings Beat, Guidance Raise and Baidu Deal

PayPal (PYPL) beat on the top and bottom line for the 2017 second quarter, according to its financial report released after Wednesday's market close.

For the past quarter, PayPal reported earnings of 46 cents per share, topping expectations for 43 cents per share, according to analysts surveyed by FactSet. Revenue climbed 18.3% year-over-year to...