ebay

This hurt both the top and bottom lines for the company in Q1. More: continued here

NEW YORK (TheStreet) – EBay  beat a conservative first-quarter earnings guidance after it settled a very public two-and-a-half-month battle with billionaire activist investor Carl Icahn. However, the company took a $3 billion tax-related charge to earnings that may cloud strong first quarter operational performance at the e-commerce giant in a critical year of execution. EBay…

Wall Street Journal EBay Reports Big Loss Despite PayPal GrowthWall Street JournalFor the first quarter, eBay reported a loss of $2.33 billion because of a tax charge of about $3 billion. The charge is from the repatriation of $6 billion in foreign earnings. The company said the move is aimed at increasing its available U.S….

Missing out on the huge Internet market of Japan marked one of Meg Whitman's biggest blunders, the No. 18 name on CNBC's First 25 list said. More: continued here

EBay Faces Big Tax Bill for Bringing Cash Back to USWall Street Journal (blog)EBay took the unusual step of bringing some of its foreign-held cash back to the U.S., and with it a hefty $3 billion tax bill. The company said repatriating the cash gives it “greater U.S. financial flexibility,” without providing details. Paying ……

NEW YORK (AP) — EBay recorded a loss in the first-quarter due to a hefty tax charge on foreign earnings, but revenue jumped in part because of its thriving PayPal payments business. More: continued here

Even if the thought of buying apparel secondhand without an up-close experience makes you pause, have no fear — I’ve got six tips that will help buying clothes on eBay easier. More: continued here

Mirror.co.uk Mum who earned £70 a week now a multi-millionaire after swapping nail …Mirror.co.ukBut after logging on to eBay on her home computer as a fun hobby to earn a bit of extra cash, she has become a hugely successful entrepreneur. Today the married mum-of-three, from Lincoln, uses the site to sell products for her…

CNBC.com HP's Whitman: One of my 'big failures'CNBC.comA year after taking the helm of eBay in 1998, Meg Whitman made what she called one of her biggest blunders—missing out on the huge Internet market in Japan. In an interview with CNBC, Whitman said the fledgling online shopping and auction site had to … More: continued here

Myriad Genetics, Granite Construction, eBay, North American Palladium and Salix Pharmaceuticals highlighted as Zacks Bull and Bear of the Day More: continued here