CNBC.com EBay earnings: 69 cents a share, ex-items, vs. expected EPS of 68 centsCNBC.comEbay earnings edged past expectations while revenue fell slightly short of expectations Wednesday. Shares rose decisively after initially fluctuating in extended hours trading. The online auction company reported second-quarter earnings of 69 cents a …EBay Q2 Marketplaces Slowdown Tied To CyberattackInvestor’s Business…
eBay Sees Deeper Hole in Marketplace BusinessTheStreet.comNEW YORK (TheStreet) – E-commerce giant eBay (EBAY) said its Marketplace business is continuing to dig itself out of a hole, which may prove more a longer and more expensive effort than previously expected. The popular online auction site, however … More: continued here
Reuters Louis Vuitton, eBay settle fight over fake goods on auction siteNew York PostLVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. company's online auction website. The companies are implementing cooperative measures aimed at protecting …LVMH and eBay settle litigation over…
NEW YORK (TheStreet) – E-commerce giant eBay said its Marketplace business is continuing to dig itself out of a hole, which may prove more a longer and more expensive effort than previously expected. The popular online auction site, however, said performance at its PayPal payments and eBay Enterprise businesses has stabilized. "Marketplaces has to dig…
Up To Speed: EBay's earnings reveal PayPal's growing importanceDallas Business JournalPerhaps the most pressing issue facing eBay's (NASDAQ: EBAY) business at the moment was the falling transactions growth recorded in June, down to only 7 percent from double-digit growth previously, according to a report by Reuters. To try and stave off … More: continued here
eBay Delivers Good Enough Earnings, With Many Shares Repurchased24/7 Wall St.eBay Inc. (NASDAQ: EBAY) has now reported its second quarter earnings with the report coming in at $0.69 EPS on an adjusted basis. Revenue was $4.37 billion. The online auction and payment systems giant was expected to report earnings of $0.68 EPS … More: continued here
Strong PayPal growth boosts eBay's 2Q profitSan Jose Mercury NewsNEW YORK — EBay said Wednesday that its second-quarter net income rose 6 percent, as strong growth from its PayPal payments business offset lower-than-expected revenue that was hampered by a global password reset after a cyberattack. Investors had … More: continued here
Reuters PayPal fuels higher eBay revenue even as cyber attack, rivals weighReutersEbay's stock has fallen more than 8 percent since April, hurt by the cyber attack disclosed in May that compromised data for some 145 million customers, the departure of highly regarded PayPal chief David Marcus, and intensifying competition from both … More: continued here
EBay Forecasts Sales Short of Estimates After Data BreachBloombergEBay Inc. (EBAY) gave a sales outlook for the third quarter that fell short of estimates as the biggest online marketplace struggles to attract more users after a data breach and changes to Google Inc.'s search engine. Revenue in the current period … More: continued here
Reuters LVMH and eBay settle litigation over fake goodsReutersLVMH also claimed that the sale of real perfumes through non-approved distribution channels such as eBay hurt its business. In 2008 a French court ordered eBay to pay LVMH 38.5 million euros ($52.1 million). A subsequent appeal court reduced the sum to …eBay settle court case with LVMH…