Marshall Tanick, attorney for Dr. David McKee, poses for photos in his Minneapolis office on Wednesday, Oct. 24, 2012. McKee sued a patient's son for defamation after critical remarks about him were posted on some rate-your-doctor websites. The Duluth neurologist's improbable case has advanced all the way to the Minnesota Supreme Court, which is weighing whether the lawsuit should go to trial. "His reputation is at stake. He does not want to be a target for false and malicious remarks," said Tanick. (AP Photo/Jim Mone)
-
Marshall Tanick, attorney for Dr. David McKee, poses for photos in his Minneapolis office on Wednesday, Oct. 24, 2012. McKee sued a patient's son for defamation after critical remarks about him were posted on some rate-your-doctor websites. The Duluth neurologist's improbable case has advanced all the way to the Minnesota Supreme Court, which is weighing whether the lawsuit should go to trial. "His reputation is at stake. He does not want to be a target for false and malicious remarks," said Tanick. (AP Photo/Jim Mone)
-
FILE-In this Monday, June 11, 2012, file photo, Apple CEO Tim Cook walks on stage during the Apple Developers Conference in San Francisco. Makers of consumer electronics are refreshing their products for the holiday shopping season. Apple’s rivals are hoping that a head start on the buzz will translate into stronger sales. Nokia and Microsoft, in particular, are trying to generate interest in a new Windows operating system out next month. (AP Photo/Marcio Jose Sanchez, File)
-
FILE - In this Sept. 9, 2008, file photo, the logo on a BlackBerry smartphone is shows in Bochum, Germany. The maker of the BlackBerry smartphone is promising a speedy browser, a superb typing experience and the ability to keep work and personal identities separate on the same phone, the fruit of a crucial, long-overdue makeover for the Canadian company. (AP Photo/dapd, Volker Hartmann)
-
Thorsten Heins, CEO of Research in Motion, introduces the BlackBerry 10, Wednesday, Jan. 30, 2013 in New York. The maker of the BlackBerry smartphone is promising a speedy browser, a superb typing experience and the ability to keep work and personal identities separate on the same phone, the fruit of a crucial, long-overdue makeover for the Canadian company. (AP Photo/Mark Lennihan)
-
Thorsten Heins, CEO of Research in Motion, announces that the company will now be known as BlackBerry, Wednesday, Jan. 30, 2013 in New York. The new BlackBerry smartphone is promising a speedy browser, a superb typing experience and the ability to keep work and personal identities separate on the same phone, the fruit of a crucial, long-overdue makeover for the Canadian company. (AP Photo/Mark Lennihan)
-
Thorsten Heins, CEO of Research in Motion, which is changing its name to BlackBerry, introduces the BlackBerry 10, Wednesday, Jan. 30, 2013 in New York. The maker of the BlackBerry smartphone is promising a speedy browser, a superb typing experience and the ability to keep work and personal identities separate on the same phone, the fruit of a crucial, long-overdue makeover for the Canadian company. (AP Photo/Mark Lennihan)
-
Stagehands prepare for the introduction of the BlackBerry 10, Wednesday, Jan. 30, 2013 in New York. The maker of the BlackBerry smartphone is promising a speedy browser, a superb typing experience and the ability to keep work and personal identities separate on the same phone, the fruit of a crucial, long-overdue makeover for the Canadian company. (AP Photo/Mark Lennihan)
-
The media awaits the introduction of the Blackberry 10, Wednesday, Jan. 30, 2013 in New York. The maker of the BlackBerry smartphone is promising a speedy browser, a superb typing experience and the ability to keep work and personal identities separate on the same phone, the fruit of a crucial, long-overdue makeover for the Canadian company. (AP Photo/Mark Lennihan)
Angie's List shares rise after news of Square deal
INDIANAPOLIS (
AP) — Shares of
Angie's List Inc. rose Wednesday after the company said it's working with startup Square Inc. to offer mobile payments as one of the services through its mobile app for businesses.
THE SPARK: The consumer review service's founder Angie Hicks said the partnership with Square will make for "happier" transactions for its members, who review businesses, and service companies.
THE BIG PICTURE: Angie's List said its app allows companies to accept payments in the field, track online purchases, create invoices and respond to member reviews. Merchants will also have access to free analytics reports. It's currently available for Apple Inc. devices.
Square offers a free credit card reader that allows merchants to accept credit card payments on cellphones. It charges 2.75 percent per swipe, with no extra fees. Funds from swiped payments are typically available the next business day.
THE SHARES: Up 66 cents, or 5.5 percent, to $12.59 in afternoon trading, after peaking at $12.62 earlier in the session. Over the past 52 weeks, the stock has traded between $8.94 and $19.82.
Angie's List shares tumbled during 2012, losing about 26 percent of their value, but have been relatively flat since the beginning of this year.
Tags:
angie, startup square inc., cents, english-language films, wednesday, payments, commerce, members, funds, businesses, field, spark, news, percent, afternoon trading, access, stock, indianapolis, business, company, partnership, big picture, credit card, services, payment, credit history, extra fees, cellphones, mobile app, square, fair credit reporting act, merchants, service companies, credit card payments, app store, transactions, list shares, founder angie hicks, track online purchases, consumer review service, free analytics reports, apple inc. devices, credit card reader, mobile payments, square deal, swiped payments, list inc., member reviews, invoices, smart card
Print Page
