USA TODAY eBay shares rise on report of PayPal spinoffUSA TODAYSAN FRANCISCO — Shares of eBay are up 4% following a report today that the e-commerce behemoth is considering a spin-off of its highly profitable PayPal unit. The Information, citing unnamed sources, said eBay has told candidates for the CEO job at … More: continued here
Shares of the online retailer jumped nearly 4 percent to $55.48 at midday. EBay told potential candidates for the position of PayPal chief executive officer, a post that David Marcus vacated in June, about a possible spinoff of the payments unit, the website reported. Marcus is now a Facebook Inc (FB.O) executive. A PayPal spinoff…
The possibility of an eBay-PayPal breakup has perked up eBay\\\'s stock. Traders are crediting Carl Icahn for pushing the company to consider a split. More: continued here
Reuters Is eBay about to admit that Icahn was right about PayPal?FortuneeBay EBAY has been telling potential new hires that may spin off its PayPal business by as early as next year, according to a new report today from The Information. If it pulls the trigger, then eBay CEO John Donahoe will have some 'splainin'…
Gov't decides against selling rest of Royal Mail stake at highCitywire.co.ukMinisters considered selling the government's remaining stake in Royal Mail when the shares were trading close to a post-privatisation peak in March. According to Sky News, the Department for Business, Innovation and Skills (BIS), headed by Vince Cable … More: continued here
Reuters EBay considering PayPal spinoff: reportReuters(Reuters) – EBay Inc is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources. Shares of the online retailer jumped nearly 4 percent to $55.48 at midday. EBay…Is eBay about to admit that Icahn was right about…
EBay Inc. rose as much as 6.8 percent after The Information reported the company could spin off its payment unit as soon as next year. More: continued here
artnet News First Superman Comic Breaks $2 Million on eBayartnet NewsDarren Adams, owner of Pristine Comics, is auctioning off a rare copy of the first issue of Action Comics on eBay, and, with a current bid as of this writing of $2,002,038, it could break the record for the most expensive price ever paid for…
Post office eyeing Forest Street locationNewcanaannewsonlineA soon-to-be built, three-story development on Forest Street might have the New Canaan, Conn., post office as one of its tenants, First Selectman Robert Mallozzi said Thursday, Aug. 21, 2014. The post office has been operating under a temporary lease … More: continued here
No place for Telangana in stampsTimes of IndiaIn what is being termed as a slight by philatelists towards Telangana, only on one occasion has India Post issued stamps to commemorate its personalities since 2000. This, even as more than a dozen were devoted to Seemandhra icons during this period of … More: continued here