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
Read More »eBay crook who sold devices that clone bank cards at cashpoints is unmasked in … – Daily Mail
eBay crook who sold devices that clone bank cards at cashpoints is unmasked in …Daily MailA crook who uses eBay to sell electronic devices that clone bank cards at cashpoints has been unmasked by The Mail on Sunday. Known as skimmers, the matchbox-size machines fit on to card slots to …
Read More »EBay and PayPal: The Split Could Be a Loser for Both Companies – Barron’s
Forbes EBay and PayPal: The Split Could Be a Loser for Both CompaniesBarron’sThe one-time management consultant had led eBay's dramatic turnaround, while growing its PayPal segment into an emerging alternative to cash and credit cards. Last week, the CEO essentially lost his job when eBay (ticker: EBAY) decided to spin …
Read More »Is Apple Pay the reason eBay is spinning off PayPal? – Fortune
Forbes Is Apple Pay the reason eBay is spinning off PayPal?FortuneFor eight months, eBay CEO John Donovan resisted Carl Icahn's repeated calls to spin off its PayPal subsidiary — telling Fortune's JP Mangalindan that the two companies were more valuable together than they would be apart. What made him change …
Read More »Why Did eBay Change Its Mind on PayPal?
Just nine months ago, management said it wouldn't spin-out PayPal. What changed? More: continued here
Read More »eBay Seeks Dismissal of Breach Lawsuit – BankInfoSecurity.com
eBay Seeks Dismissal of Breach LawsuitBankInfoSecurity.comIn addition, eBay argues the plaintiff failed to state a claim upon which relief can be granted. eBay alleges the plaintiff has taken a "shotgun" approach to pleading his claims, "asserting no fewer than 10 causes of action, including one under a … More: continued …
Read More »EBay Pays for PayPal, Marketplaces Chiefs to Stay
EBay Inc. (EBAY) is paying up for two top executives to take it through the breakup of the company. The San Jose , California-based online retail and payments company said today in a filing that it will give new PayPal president Daniel Schulman a base annual salary of $900,000, equity …
Read More »Tech Rewind: Ebay Breaks Up With PayPal, Adam Sandler Joins Netflix – Fox Business
Fox Business Tech Rewind: Ebay Breaks Up With PayPal, Adam Sandler Joins NetflixFox BusinessBut after months of speculation and pushback from activist investors, eBay announced Tuesday it would split off from PayPal in 2015, thereby creating two publicly traded companies. Word on the Street is mounting competition in the online …
Read More »EBay’s PayPal Spin Off to Be Costly in Compensation for Executives – Wall Street Journal
Wall Street Journal EBay's PayPal Spin Off to Be Costly in Compensation for ExecutivesWall Street JournalDevin Wenig, who will rise to CEO of eBay from his current post as head of the marketplace division, will see his compensation rise too. His base salary will rise to $900,000, from $800,000, and …
Read More »EBay to Spin Off PayPal: Bloomberg West (09/30)
Sept. 30 (Bloomberg) — Full episode of "Bloomberg West." Guests: PayPal co-founder Max Levchin, Khosla Ventures' Keith Rabois, former PayPal COO David Sacks, Piper Jaffray's Gene Munster, UBS's Brent Thill, S&P Capital IQ's Tuna Amobi, Circa CEO Matthew Galligan, former Tumblr President John Maloney and actor Kevin Spacey. More: continued …
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