EBay narrowly beats estimates in fourth quarter

SAN FRANCISCO (MarketWatch) – EBay Inc. reported a 17% jump in adjusted earnings for the fourth quarter on Wednesday afternoon, narrowly beating Wall Street's estimates. For the quarter ended Dec. 31, eBay reported net income of $751 million, or 57 cents a share, compared to net income of $1.98 billion, or $1.51 a share, for the same period the previous year, which saw a big boost from the sale …

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