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PayPal Buries Hatchet With Visa; AMD Returns to Growth; Skyworks’ Inventories Jump

PayPal higher after beating sales estimates, upping guidance and announcing Visa deal

Recent speculation about an alliance between Visa (V) and PayPal (PYPL) was just validated. In tandem with each company's second-quarter report, the payments giants announced a long-term deal under which PayPal will no longer discourage users from paying with their Visa cards in favor of using digital wallets linked to bank accounts -- the latter payment...