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EBay Lifts Reported Results on Lower Taxes – Wall Street Journal

Wall Street Journal EBay Lifts Reported Results on Lower TaxesWall Street JournalEBay revised both its full-year results and its fourth-quarter results, which it reported in January, to reflect an $87 million reduction in income tax expense. EBay said it underestimated the tax benefit of an intercompany transaction that happened in …

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Early movers: TWTR, MSG, EBAY, GPRO & more – CNBC

CNBC Early movers: TWTR, MSG, EBAY, GPRO & moreCNBCMoody's—The ratings agency reported adjusted quarterly profit of $1.12 per share, beating estimates of 95 cents, with revenue also above estimates. Moody's was helped by an increase in U.S. bond issuances. Marsh & McLennan—The insurer matched …and more » More: continued here

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eBay restates quarterly profit

Reflecting a lower income tax expense, eBay (NASDAQ: EBAY ) has revised its 2014 earnings upward by $87M, after it underestimated the tax benefit of an inter-company transaction that happened in December. More: continued here

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