EBay Takes 1st Quarter Loss on Tax ChargeABC NewsThe business also was the subject of an acrimonious tussle between eBay and billionaire activist investor Carl Icahn earlier this month. Icahn, who owns about 2 percent of eBay's shares, said repeatedly that the company should spin off all or part of …
Read More »EBay beefs up US war chest in pursuit of growth – Reuters
Wall Street Journal 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 …
Read More »EBay Beats Street in 1Q – Fox Business
EBay Beats Street in 1QFox BusinessEBay's (EBAY) revenue jumped 14% in the first quarter as the online auction and payment site surpassed Wall Street's earnings expectations. Net revenue rose to $4.3 billion during the period, up from $3.7 billion a year ago. Excluding a large one-time … More: continued here
Read More »eBay Beats, Q1 Non-GAAP Earnings Up 11 Percent to $899M, Revenue Up 14 … – TechCrunch
eBay Beats, Q1 Non-GAAP Earnings Up 11 Percent to $899M, Revenue Up 14 …TechCruncheBay just reported first quarter earnings this afternoon, beating expectations. Non-GAAP earnings increased 11%, to $899 million or $0.70 per diluted share, over the prior year, driven by strong top line growth, says the company. Revenue for …
Read More »EBay: We Are Not Announcing Any Large U.S. Acquisition
NEW YORK (TheStreet) – EBay said a $6 billion repatriation of the company's foreign earnings doesn't mean the company is about to announce a large U.S. based acquisition. The company did say having that cash parked in the U.S. will help its financial flexibility in growing divisions such as PayPal …
Read More »Stocks to watch: GD, NFLX, EBAY, TWTR – Yahoo Finance (blog)
Stocks to watch: GD, NFLX, EBAY, TWTRYahoo Finance (blog)Another stock to watch is eBay (EBAY) ahead of their earnings release after the close. Wall Street expects the online auction and payment giant to report first quarter earnings of $0.67 per share on $4.22 billion in revenue. Expectations are for a …
Read More »EBay's results top Wall Street targets but outlook disappoints
By Deepa Seetharaman SAN FRANCISCO (Reuters) – E-commerce giant eBay Inc forecast a smaller-than-expected second-quarter profit on Tuesday and will take a $3 billion non-cash tax charge to repatriate foreign earnings that will more than double its available U.S. cash. Shares of eBay fell 3 percent in after-hours trading despite …
Read More »eBay Beats On Earnings, Stock Down Slightly
eBay announced its Q1 earnings this afternoon… More: continued here
Read More »Today’s Post-Market Laggard Is EBay (EBAY) – TheStreet.com
Today's Post-Market Laggard Is EBay (EBAY)TheStreet.comeBay Inc. provides online platforms, tools, and services to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. EBAY has a PE ratio of 26.5. Currently there are 20 analysts that rate eBay…and more » More: continued here
Read More »EBay's Earnings: What Wall Street Expects
NEW YORK (TheStreet) – EBay reports first-quarter earnings after the markets close on Tuesday and investors will finally be able to focus on the numbers as opposed to the e-commerce company's very public two-and-a-half-month battle with billionaire activist investor Carl Icahn. In January, eBay said in January that it expected …
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