LIVE: eBay Stock Surges 9% On Buyback News And Intervention From Carl Icahn
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eBay Inc. (NASDAQ: EBAY) has reported earnings for its fourth quarter, but perhaps even larger news is that Carl Icahn is taking a small stake on the company and is going to pursue activist investing in … More: continued here
The activist investor calls on eBay to spin off its PayPal business as he nominates two of this employees as candidates for the board. More: continued here
EBay Inc. (EBAY) said activist investor Carl Icahn has acquired less than 1 percent of the company and is nominating two of his employees to join the board, sending shares of the largest online marketplace surging. More: continued here
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La Jolla Post Office Task Force to mark second anniversary this Saturday, Jan. 25La Jolla LightThe La Jolla Historical Society's Save Our La Jolla Post Office Task Force — formed Jan. 27, 2012 to fight the U.S. Postal Service's planned sale of La Jolla's historic post office and relocation of its services — will observe…
LIVE: eBay Stock Surges As Carl Icahn Says He Wants To Break Up The CompanyBusiness InsiderThe company is proposing a $5 billion stock buyback, and has received a proposal from activist billionaire investor Carl Icahn to split off PayPal into a separate unit. Icahn also wants two of his people added to the board of…
Carl Icahn has his sights set on a Silicon Valley giant, and it isn't Apple. More: continued here
SAN FRANCISCO (MarketWatch) — EBay Inc. on Wednesday reported a fourth-quarter profit of $850 million, or 65 cents a share, on revenue of $4.5 billion, compared with earnings of $751 million, or 57 cents a share, on $3.99 billion in sales in the year-ago period. Excluding one-time items, eBay would have earned 81 cents a…