Though eBay saw a fourth-quarter net income increase of 10 percent, the e-commerce company announced plans to cut 2,400 jobs across its marketplaces. EBay plans to spin off its payments business PayPal later this year.
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Notable Brokerage Recommendations: eBay Inc (NASDAQ:EBAY), Host Hotels and Resorts Inc (NYSE:HST)Review FortuneeBay Inc (NASDAQ:EBAY) remained bearish with a decrease -2.48% putting the price on the $31.89 per share in last trading session ended on 9/9/2016. The stock recent traded volume was higher as compared with its average volume of 10975500 shares. More: continued here
Profy eBay Starts Buyback Of Historical ItemsProfy –36 minutes agoThe sale of stolen historical items online has been a problem since sites like eBay began. eBay is not liable for stolen items being sold on its site, … More: continued here
eBay, the online auctioneer, has been showing signs of improving business trends. More: continued here
eBay-backed community site Tokoni leaves betaCNET News, CA –4 minutes agoIt has taken investment backing from eBay as well as the auction giant's founder, Pierre Omidyar, and was founded by former eBay executive Mary Lou Song and … More: continued here
eBay issued a statement to say it would challenge a government agency’s intention to rule against its PayPal-only policy in Australia. More: continued here
p2pnet.net Ebay, Skype Founders Close to Agreement: ReportTheStreet.com(TheStreet) — EBay's(ebay Quote) pending sale of a majority stake in Skype appears close to a resolution, with an agreement expected as soon as this week …Report: Skype Creators, eBay, Investors Near SettlementDigital Media WireEnd to a Fight Over Skype May Be NearNew York TimesDeal expected in Skype…