ETFs that have a decent allocation to eBay (EBAY) are in focus following some sluggish earnings guidance. More: continued here
Read More »EBay to Take $3 Billion Tax Charge – Wall Street Journal
Wall Street Journal EBay to Take $3 Billion Tax ChargeWall Street JournalThe online marketplace reported first-quarter profit above forecasts, but the tax charge and a weak outlook for the current quarter sent the company's shares tumbling. "We are an acquisitive company and we need to ensure we have the resources …
Read More »EBay Uses Unusual Repatriation to Add to Coffers
By laying the groundwork for the unusual step of repatriating $9B in international profits, eBay is giving itself financial flexibility. More: continued here
Read More »EBay Posts First-Quarter Loss Tied to Tax on Foreign Profit – New York Times
EBay Posts First-Quarter Loss Tied to Tax on Foreign ProfitNew York TimesEBay reported a first-quarter loss on Tuesday as a result of a large tax charge on foreign earnings, but its revenue rose in part because of its thriving PayPal payments business. PayPal, which eBay bought for $1.3 billion in …
Read More »eBay Takes Tax Charge, Shares Slump
eBay Inc. (EBAY) shares slumped post its earnings report, despite the fact that the company's earnings were ahead of the Zacks Consensus Estimate. More: continued here
Read More »Revenue: $4.26 billion (analysts expected $4.23 billion) – Business Insider
Business Insider Revenue: $4.26 billion (analysts expected $4.23 billion)Business InsiderIt's been an interesting quarter for eBay, as the company dealt with a very public back-and-forth with activist investor Carl Icahn, who accused several board members, including Marc Andreessen, of not having eBay's best interests in mind, and urging … More: …
Read More »Ebay’s Q1: Posts a loss but meets targets anyway; enterprise revenue up – ZDNet
Ebay's Q1: Posts a loss but meets targets anyway; enterprise revenue upZDNetBy Rachel King for Between the Lines | April 29, 2014 — 20:25 GMT (13:25 PDT). fd-vortex-money. Shortly after resolving (at least for the time being) its spat with power investor Carl Icahn, eBay handed its first quarter earnings …
Read More »EBay Tax Hit: Ray of Hope or Storm Cloud for Silicon Valley?
NEW YORK (TheStreet) – Maybe, in light of eBay's earnings-wrecking $3 billion repatriation charge, investors should focus a bit more on the hundreds of billions of dollars in unrecognized tax liabilities that Apple , Google , Microsoft , Hewlett-Packard , and Cisco have created by keeping foreign profits abroad. EBay: …
Read More »Why PayPal is eBay's most valuable asset
Thriving online payments business wants to capture some of the offline market. More: continued here
Read More »5 Big Takeaways From eBay's Earnings
NEW YORK (TheStreet) – EBay , on Tuesday evening, posted a mixed first quarter earnings report. While revenue growth at the e-commerce giant's payments, marketplace and enterprise divisions is generally in the high teens, the company gave second-quarter guidance that was a bit weak. EBay: We Are Not Announcing Any …
Read More »