eBay's Weak Earnings Guidance Puts These ETFs in Focus
ETFs that have a decent allocation to eBay (EBAY) are in focus following some sluggish earnings guidance. More: continued here
ETFs that have a decent allocation to eBay (EBAY) are in focus following some sluggish earnings guidance. More: continued here
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 available …EBay beefs up US…
By laying the groundwork for the unusual step of repatriating $9B in international profits, eBay is giving itself financial flexibility. More: continued here
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 late 2002, is now growing…
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
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: continued here
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 report after the bell ……
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: We Are Not Announcing Any…
Thriving online payments business wants to capture some of the offline market. More: continued here
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 Large U.S. Acquisition EBay Takes…