(Reuters) – EBay Inc on Wednesday said activist investor Carl Icahn made a non-binding proposal for the e-commerce company to spin off its PayPal payments business into a separate entity. Shares of eBay rose 7.8 percent to $58.68 in afterhours trading. But eBay, which bought PayPal for $1.5 billion in 2002, said its board concluded…
Tech stocks to dominate headlines in after-hours trading on Wednesday with Netflix Inc., eBay Inc., and SanDisk Corp. on tap to release quarterly results. More: continued here
This Guy's Trying to Visit All 31272 Post OfficesBusinessweekCourtesy Evan KalishEvan KalishEvan Kalish is a 27-year-old single guy with two Ivy League degrees who lives in Queens, N.Y., and he is determined to visit every single post office in the country. Given the precarious financial state of the U.S. Postal … More: continued here
Ebay Stock Won't Get a Pop From EarningsInvestorplace.comThe Ebay (EBAY) earnings report lands Wednesday after the closing bell, and although Wall Street expects solid profit and sales growth, a weak holiday selling season could cause eBay earnings to miss estimates — and that will likely weigh on eBay stock.Was eBay's"Cautious Outlook" for the Holidays Justified?Re/codeall…
EBay (EBAY) Down In After-Hours TradingTheStreet.comeBay Inc. provides online platforms, tools, and services to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. EBAY has a PE ratio of 25.3. Currently there are 24 analysts that rate eBay…and more » More: continued here
Shares of eBay soared late Wednesday after activist investor Carl Icahn revealed he owns almost one percent of its stock and has nominated two directors to the company's board. Just minutes after the revelation in the company's earnings news release, eBay shares were up 8.5 percent. Ebay also said its board has authorized a $5…
Apple's original Mac can fetch $1598 …CNET (blog)Apple's original Mac can fetch $1,598 on eBay. Once sold for about $2,500, Apple's 30-year-old Macintosh computer dropped in price for years. But that seems to be changing, according to eBay. Donna Tam. by Donna Tam. January 22, 2014 11:21 AM PST. More: continued here
WASHINGTON, Jan. 22, 2014 /PRNewswire/ — FedEx Express, a subsidiary of FedEx Corp., and Nissan announced today at the Washington Auto Show that the two companies will begin testing the Nissan e-NV200, a 100 percent electric compact cargo vehicle, under real world conditions in Washington, D.C. This test marks the first time the vehicle will be…
It's official: Downtown Norwich will keep its post officeNorwich Bulletin"This is just a great boost to the city, and to have that building empty on that end of downtown would be one further devastation for a key gateway," Mayor Deb Hinchey said during an afternoon press conference in the Norwich office of U.S. Rep. Joe…
Shares of eBay soared after activist investor Carl Icahn revealed he controls almost one percent of its stock. More: continued here