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Rajiv Dutta exits eBay (SiliconIndia)

San Jose: Rajiv Dutta, President, eBay Marketplaces, is retiring from the company. He will be replaced by Lorrie Norrington, who most recently was President of eBay Marketplaces Operations. She will report to eBay President and CEO John Donahoe. More: continued here

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SLOWING REVENUE SINKS EBAY (New York Post)

EBay Inc. beat analysts’ profits expectations Wednesday, but it wasn’t enough to save the largest Internet auctioneer from taking a beating yesterday. Shares of eBay fell the most in more than three years in Nasdaq trading after reporting the… More: continued here

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eBay Stock Falters on Glum Outlook (E-Commerce Times)

eBay turned in more than respectable earnings for its second quarter: a 22 percent rise in profits for a net income of $460 million, or 43 cents a share. Yet the online auctioneer’s stock value dropped following the news, in part because of its disappointing guidance for the third quarter. …

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Stocks rally for 2nd straight day – CNNMoney.com

Boston Globe Stocks rally for 2nd straight dayCNNMoney.com –9 hours agoThe tech-heavyNasdaq composite (COMP) also gained 1.2% despite a downgrade of Internet auctioneer eBay. Stocks roared immediately after the market open, …Wall Street pauses after big rally as bank sector recoversEconomic TimesCNNMoney.com- Huge rebound for Wall StreetKVEWStocks sharply higher on falling …

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