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eBay to Open Marketplace to Russian Retailers

U.S. online auction mega-site eBay plans to expand its Russian services by opening its website to some of Russia's largest online stores, business daily Vedomosti reported Monday, citing retailers involved in the project. More: continued here

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UPDATE: JMP Securities Downgrades eBay Inc

eBay Inc (NASDAQ: EBAY ) was downgraded by JMP Securities on Wednesday from Market Outperform to Market Perform. Analysts led by Ronald V. Josey felt the company is fairly valued at $58. The recent announcement … More: continued here

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