NEW YORK (TheStreet) — eBay shares are down 0.7% to $57.13 in trading on Friday after an SEC filing revealed that the online retailer was paying outgoing CEO John Donahoe a $23 million package not to leave the company before it's planned spin off of PayPal. Four of the company's other top executives will also leave the…
CNBC EBay CEO to get $23M exit package after PayPal splitCNBCEBay Chief Executive John Donahoe will get an exit package worth an estimated $23 million (14.68 million pounds) after the company splits from payments unit PayPal next year, according to an agreement highlighted in a securities filing on Thursday.EBay Reveals $23 Million Golden Parachute For…
Auction service faces investigations on both sides of the Atlantic. More: continued here
New York Observer 'Interview' Memorabilia Floods eBay in Wake of Film's CancellationNew York ObserverCollectors are betting that Sony Pictures' cancellation of its satire Interview, originally slated for a Christmas day release, will send the value of merchandise from the film soaring. On web auctioneer eBay, the number of listings of posters and …'The Interview' won't…
The Guardian Ebay joins Google and others in dumping Alec over climate stanceThe GuardianEbay announced on Thursday it's severing ties with the American Legislative Exchange Council (Alec) because of the lobbying group's views on climate change. The online marketplace is the latest technology firm to part ways with the rightwing …EBay Cuts Ties To Conservative…
In line with a regulatory filing, five of eBay Inc.'s (EBAY) top executives will step down following the spinoff of its payment-processing unit PayPal next year. More: continued here
'The Interview' Poster Now Listed at $1000 on eBayTIMEThe Huffington Post noticed on Thursday that posters from the canceled movie had begun surfacing for sale on eBay, with asking prices in the neighborhood of $500. Pop culture experts forecast that these posters will be worth “$15, maybe $20″ in a year …and more » More: continued…
Though Amazon is clearly ahead of eBay in terms of factors including number of active buyers, transaction volumes, revenue growth, etc., its profitability levels are very low compared to eBay’s. The latter’s asset-light business model lends to high cash flows and margins; coupled with the rapidly growing payments business, eBay’s Marketplaces business’s outlook for revenue…
Amazon vs. eBay – Which Is The Cheaper Stock To Buy?ForbesIn this article, we compare the fundamentals of eBay and Amazon, vis-a-vis their market valuations to see which stock looks cheaper. Examining various factors that impact free cash flow and thereby valuation – such as top-line, bottom-line, and capital … More: continued here
Fortune Outgoing eBay CEO will get a supersize exit packageFortune(REUTERS) – EBay Inc Chief Executive John Donahoe will get an exit package worth an estimated $23 million after the company splits from payments unit PayPal next year, according to an agreement highlighted in a securities filing on Thursday.EBay Reveals $23 Million Golden Parachute For CEO…