Jim Cramer Explains Why eBay Stock Could Go Higher After Earnings ReportTheStreet.comBut the actual business of eBay, he says, is "really hurting" and may have lost focus. But he adds eBay could do better because the company was hurt by a Google (GOOG) SEO change. eBay repeatedly said earnings were …
Read More »3 Biggest Takeaways from eBay's Fourth-Quarter Earnings Report
NEW YORK ( TheStreet) — eBay has had a tough year, there's no doubt about it, but during the fourth-quarter earnings call, its executives attempted to assure investors of a future rebound. "Not the worst performance, but a year we're glad to have behind us," eBay CFO Robert H. Swan …
Read More »EBay’s PayPal: The Price of Freedom – Wall Street Journal
Wall Street Journal EBay's PayPal: The Price of FreedomWall Street JournalIt hardly matters that eBay continues to be hampered by Google 's search-engine tweaks, or last year's hacking attack, or the stronger dollar. It also hardly matters that the company foresees 2015 being its weakest year of revenue growth in …
Read More »EBay Plans 2400 Job Cuts, Signs Icahn Pact – Wall Street Journal
Wall Street Journal EBay Plans 2400 Job Cuts, Signs Icahn PactWall Street JournalInvestors cheered eBay's moves, sending shares of the San Jose, Calif., company up roughly 2% in trading after the market's close. The e-commerce pioneer also reported a 10% increase in net income for the fourth quarter, but sales …
Read More »Biz Break: eBay soars in big Wall Street rally – Milpitas Post
Biz Break: eBay soars in big Wall Street rallyMilpitas PostAfter lingering concerns about Europe's economy had dragged on stocks through the first couple weeks of the year, indexes jumped Thursday after the European Central Bank announced a new stimulus plans, and eBay was one of the biggest gainers after …and more » …
Read More »Big profits, big layoffs: eBay, AmEx to cut jobs – Yahoo Finance
CityNews Big profits, big layoffs: eBay, AmEx to cut jobsYahoo FinanceBig layoffs are coming for some big companies. eBay (EBAY) announced that it will layoff 2,400 people, about 7% of its workforce before April. This, after reporting a 10% increase in profits last quarter. American Express (AXP) also says it …
Read More »EBay breaks up with PayPal – CNNMoney
EBay breaks up with PayPalCNNMoneyEBay said it was "simplifying organizational structures" in its quarterly earnings released Wednesday. A company spokesperson told CNNMoney that some of the cuts were to unfilled positions, but would not say how many. ebay (EBAY, Tech30) also said its … More: continued here
Read More »Why These 5 Companies Are Laying Off Thousands of Workers – TIME
Why These 5 Companies Are Laying Off Thousands of WorkersTIMEOn Wednesday, eBay announced it would be cutting 2,400 jobs in the first quarter of 2015. The company says that the layoff figure includes positions that are unfilled, so the actual number of people losing their jobs will be less than …
Read More »EBay Announces Plans To Shed Jobs, Units In Q4 Earnings Report – Forbes
Forbes EBay Announces Plans To Shed Jobs, Units In Q4 Earnings ReportForbesPayPal and eBay flags in front of the — still merged — company's headquarters in San Jose, California. (Bloomberg/Bloomberg via Getty Images). eBay is shedding both people and units in an effort to “compete and win,” the digital auctioneer …
Read More »eBay’s Earnings Call Had Some Seriously Brutal Quotes From The CEO And CFO – Business Insider
Business Insider eBay's Earnings Call Had Some Seriously Brutal Quotes From The CEO And CFOBusiness InsiderDonahoe on losing customer trust: "First, the password reset and SEO changes significantly impacted traffic, which did not recover in the second half as expected. eBay's loyal customers are back following the reset of our …
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