EBay Inc. may have fended off an attack from activist shareholder Carl Icahn, yet jump-starting sales growth may be a tougher fight. More: continued here
Read More »FedEx shooting suspect identified as baggage handler, age 19
Authorities have identified the gunman in Tuesday's shooting at a Georgia FedEx facility as a 19-year-old baggage handler. More: continued here
Read More »eBay Q1 Beats Street, but Guidance Underwhelms – Re/code
MarketWatch eBay Q1 Beats Street, but Guidance UnderwhelmsRe/codeEBay's first-quarter earnings came in slightly ahead of analyst expectations, but the stock was down nearly four percent in after-hours trading on disappointing guidance. The company recorded earnings per share, excluding some items, of 70 cents in the …Twitter, eBay shares fall after …
Read More »eBay’s Tax Bill for Bringing Cash Back to the US: $3 Billion – Wall Street Journal (blog)
eBay's Tax Bill for Bringing Cash Back to the US: $3 BillionWall Street Journal (blog)EBay took the unusual step of bringing some of its foreign-held cash back to the U.S., and with it a hefty $3 billion tax bill. The company said repatriating the cash gives it “greater U.S. financial …
Read More »EBay Forecasts Sales That Miss Analysts’ Highest Estimates
EBay Inc. may have fended off an attack from activist shareholder Carl Icahn , yet jump-starting sales growth may be a tougher fight. The world's biggest online marketplace said sales in the current period … More: continued here
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BOTH of Blackbird Leys’ post offices are facing refurbishment under new plans, meaning they will have fewer services and longer opening hours. More: continued here
Read More »eBay Inc. Reports First Quarter Results:
Global commerce platform and payments leader eBay Inc. today reported that revenue for the first quarter ended March 31, 2014, increased 14% to $4.3 billion, compared to the same period in 2013. More: continued here
Read More »Vince Cable rebuts claim government massively undervalued Royal Mail – The Guardian
The Guardian Vince Cable rebuts claim government massively undervalued Royal MailThe GuardianVince Cable has continued to contest claims that the government significantly undervalued Royal Mail, costing taxpayers £750m on the day of the postal service was privatised in October. During questioning by MPs on Tuesday, the business secretary said … …
Read More »Check Out Finland’s New Graphic Gay Bondage Stamps – Slate Magazine (blog)
Slate Magazine (blog) Check Out Finland's New Graphic Gay Bondage StampsSlate Magazine (blog)The United States has some pretty cool stamps and, once the Harvey Milk stamp is released next month, at least one commemorating an openly LGBTQ American. But it's difficult to imagine a future where America's stamps are as …
Read More »EBay's $3 Billion Tax Charge Clouds Strong Earnings Growth
Updated from 4:29 p.m. ET to include second quarter outlook NEW YORK (TheStreet) – EBay beat a conservative first-quarter earnings guidance after it settled a very public two-and-a-half-month battle with billionaire activist investor Carl Icahn. However, the company took a $3 billion tax-related charge to earnings that may cloud strong …
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