3 Reasons an eBay-PayPal Spinoff Doesn't Make SenseMotley FoolShares of eBay (NASDAQ: EBAY ) jumped this week after the company reported fiscal fourth-quarter and full-year earnings after the bell on Wednesday. However, the move had more to do with activist investor Carl Icahn's recent actions than eBay's… More: continued here
Read More »EBay Bets PayPal In-House Beats Icahn’s Plan: Real M&A – Bloomberg
CNN EBay Bets PayPal In-House Beats Icahn's Plan: Real M&ABloombergEBay Inc. (EBAY) is willing to forgo a possible 26 percent stock pop by rejecting Carl Icahn's proposal to split off PayPal, banking instead on the promise of longer-term rewards by keeping its online payment unit in-house. Shareholders including …EBay reliance …
Read More »EBay to Alibaba Hurt by Russia Rules as Local Rivals Gain – Bloomberg
EBay to Alibaba Hurt by Russia Rules as Local Rivals GainBloombergRussia's new rules on express parcels delivered from abroad are benefiting local online stores at the expense of global companies such as EBay Inc. (EBAY) and Alibaba Group Holding Ltd., Renaissance Capital said. Strengthened document checks were …EBay With Alibaba Hurt …
Read More »REPORT: Carl Icahn’s eBay Stake Is Close To 2% – Business Insider
Business Insider REPORT: Carl Icahn's eBay Stake Is Close To 2%Business InsiderEBay said this week that Icahn had taken a 0.82 percent interest in the company earlier this month and made a non-binding proposal for eBay to spin off its PayPal payments business. EBay has a market capitalization of about …
Read More »eBay's Growth Remained Healthy, Outlook Is Strong
eBay posted double-digit growth for Q4 2013 in both of its key segments, marketplaces and PayPal, which are equally valuable and together constitute about 70% of the company’s value, according to our estimates. Despite less-than-expected e-commerce growth during the holiday season in the U.S., eBay more or less maintained the …
Read More »Rare Nintendo World Championships cart fetching $5K on eBay – CNET
Metro Rare Nintendo World Championships cart fetching $5K on eBayCNETAn eBay user recently posted Nintendo World Championships on the auction site. The cartridge, if real as the seller claims, is one of only 116 copies created, making it one of the most exclusive titles ever made for the Nintendo Entertainment …
Read More »EBay Shouldn’t Unfriend Its PayPal – Wall Street Journal
EBay Shouldn't Unfriend Its PayPalWall Street JournalThis old idea was revived this week by none other than Carl Icahn, the billionaire activist who has been canvassing the tech sector for new targets. That he latched onto eBay isn't too surprising, as the e-commerce giant's shares stalled in 2013 amid … …
Read More »Exclusive: Icahn’s stake in eBay close to 2 percent – source – Chicago Tribune
Exclusive: Icahn's stake in eBay close to 2 percent – sourceChicago Tribune(Reuters) – Activist investor Carl Icahn's stake in e-commerce company eBay Inc is more than previously reported at close to 2 percent, a source familiar with the matter said on Thursday. EBay said this week that Icahn had taken …
Read More »EBay Bets PayPal In-House Beats Icahn’s Plan: Real M&A
While EBay’s breakup value is pegged by analysts and investors at about $69 a share,… Read More While EBay’s breakup value is pegged by analysts and investors at about $69 a share, compared with $54.94 yesterday, investor Condor Asset Management Inc. said the stock will rise as it expands PayPal …
Read More »Ebay Fights Icahn's PayPal Spinoff Proposal
EBay Inc is fighting the proposal by activist investor Carl Icahn to spin off PayPal because it views the payments service as crucial to long-term growth prospects of the e-commerce company. More: continued here
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