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UPDATE 2-EBay beefs up US war chest in pursuit of growth – Reuters

UPDATE 2-EBay beefs up US war chest in pursuit of growthReutersEbay, which on Tuesday forecast lower-than-expected earnings this quarter, also plans to ramp up its marketing spending on PayPal, which is an Internet leader but faces stiff competition in the fledgling smartphone payments market. The company took a … More: …

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EBay turns in a loss, but sales rise – MarketWatch

MarketWatch EBay turns in a loss, but sales riseMarketWatchSAN FRANCISCO (MarketWatch) — EBay Inc. on Tuesday reported a first-quarter loss due to a tax charge of $3 billion, and the e-commerce leader recorded sales gains led by improvements in both the company's core marketplace and PayPal payments … More: continued here

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EBay beefs up U.S. war chest in pursuit of growth

By Deepa Seetharaman SAN FRANCISCO (Reuters) – EBay Inc is preparing to bring a major portion of its foreign earnings back into the United States, hoping to bankroll acquisitions and drive an expansion into mobile payments and other high-growth areas as its core business matures. Ebay, which on Tuesday forecast …

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EBay Beats Street in 1Q

The online marketplace giant posted a 1Q beat with profits per share of 70 cents, topping views of 67 cents. Sales came in at $4.3 billion, higher than expected. More: continued here

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