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EBay Profit Drops After Acquisition Costs Eat Into Earnings
BusinessWeek By Douglas MacMillan (Bloomberg) — EBay Inc., the world's largest online marketplace, reported a drop in second-quarter net income and forecast lower-than-anticipated earnings, a sign its acquisition spree is weighing on profits and margins. … EBay Raises Forecast After Strong 2Q Revenue Growth EBay Forecast Tops Estimates as PayPal, Acquisitions Fuel Website's Growth Summary Box: EBay 2Q profit falls on acquisition charges, growth helps results … |
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