Daily Mail Daria Radionova's Mercedes covered in Swarovski crystals sells on eBayDaily MailBritain's 'most vulgar' car, a Mercedes CLS 350 encrusted with one million Swarovski crystals has been sold on eBay for more than £150,000. Daria Radionova, a 21-year-old Russian student, listed the car on the online auctioneers after attracting …
Read More »EBay third quarter earnings drive stock decline – Silicon Valley Business Journal
New York Times EBay third quarter earnings drive stock declineSilicon Valley Business JournalShares of eBay Inc., which is in the process of peeling off its PayPal unit, fell almost four percent in early trading after reporting earnings yesterday and lowering its annual revenue forecast. The stock declined about 4 percent …
Read More »Stiff competition holds back eBay – Financial Times
Stiff competition holds back eBayFinancial TimeseBay cut its full-year guidance on Wednesday, as the ecommerce company battles stiff competition and the lingering impact of a cyber attack this year. The challenges come as the group prepares to spin out its faster-growing PayPal payments processing … More: continued here
Read More »EBay Quarterly Earnings Analysis: By the Numbers – DailyFinance
DailyFinance EBay Quarterly Earnings Analysis: By the NumbersDailyFinanceEarns eBay AP/Ben Margot EBay (EBAY) just reported its preliminary financial results for the quarter that ended Sept. 30, based upon which we provide a unique corporate earnings release based analysis of its performance. Our analysis focuses on the …and more » More: continued here
Read More »Deutsche Bank: eBay Could Attract Buyers, Activists
EBay Inc (NASDAQ: EBAY ) and its PayPal unit each face rising headwinds and might attract buyout artists and activist shareholders, an analyst said Thursday. But "worse is better" in the view … More: continued here
Read More »eBay’s Same-Day Delivery Experiment Is Essentially Dead – Re/code
Re/code eBay's Same-Day Delivery Experiment Is Essentially DeadRe/codeEBay won't say it outright, so I'll say it for the company: Its same-day delivery experiment is pretty much dead. On yesterday's earnings call with analysts, eBay's CEO John Donahoe was asked for an update on the eBay Now service, which lets shoppers …
Read More »eBay is still feeling the effects of a damaging cyber-attack – Quartz
eBay is still feeling the effects of a damaging cyber-attackQuartzThe numbers: eBay posted earnings of $673 million (or $0.54 per share) on revenue of $4.4 billion, which was up 12% from a year ago. But for the second straight quarter, the online auction site was forced to cut its revenue …
Read More »PayPal spinoff seen critical for eBay amid e-commerce weakness – Reuters
Reuters PayPal spinoff seen critical for eBay amid e-commerce weaknessReuters(Reuters) – A recovery in eBay Inc's (EBAY.O) core e-commerce business will take longer than expected and any gains for investors would have to come from the separation of its PayPal unit, analysts said, a day after the company trimmed its …
Read More »Growth Dip in Auctions Cuts Results for eBay – New York Times
New York Times Growth Dip in Auctions Cuts Results for eBayNew York TimesEBay faces challengers in its payments business. It is dealing with fallout from a security breach. And now, its lucrative online auction business isn't showing the luster it once held. All those pressures were apparent in the company's …
Read More »One Reason eBay (EBAY) Stock Is Down This Morning
NEW YORK (TheStreet) — Shares of eBay Inc. are down 6.11% to $47.17 in early morning trading Thursday after the company's estimates were reduced at Barclays, and its rating downgraded to "sector perform" from "outperform" at RBC Capital. Barclays reiterated its "equal weight" rating for the online market place and …
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