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EBay shares rise 4% in wake of earnings report

SAN FRANCISCO (MarketWatch) — EBay Inc. [s ebay] shares rose 4%, to $50.13 Thursday following what was seen as a positive, and in-line third-quarter earnings report. Late Wednesday, eBay said that it earned $597 million, or 45 cents a share, on revenue of $3.4 billion, up from a profit of $491 million, or 37 cents a share, on $2.97 billion in sales in the same period a year ago. Excluding one …

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