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EBay 2Q profit rises 22 percent (The State)

EBay Inc. says its second-quarter profit jumped 22 percent. The company enjoyed strong growth in its e-commerce sites and its PayPal payments service. The San Jose-based online auction company earned $460 million, or 35 cents per share, compared with $376 million, or 27 cents per share, in the year-ago quarter. Excluding certain items, eBay earned 43 cents per share. That beat Wall Street’s …

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