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Icahn steps up pressure on Apple, eBay – San Jose Mercury News

Icahn steps up pressure on Apple, eBaySan Jose Mercury NewsCUPERTINO — Activist investor Carl Icahn and his associates have increased their stake in Apple (AAPL) to more than $3 billion and are adding pressure for an unprecedented stock buyback — at the same time Icahn wants eBay (EBAY) to spin …

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EBay dismisses Icahn proposal to spin off Paypal

Carl Icahn has taken a stake in eBay Inc and is proposing a spin-off of the its fast-growing PayPal division, but the e-commerce giant rebuffed the overture, setting the stage for a potential battle with the activist investor. EBay, which bought PayPal for $1.5 billion in 2002 and has considered …

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LIVE: eBay’s Q4 2013 Earnings – Business Insider

LIVE: eBay's Q4 2013 EarningsBusiness InsiderAnalysts are expecting EBay to post a 16.1 percent profit increase from Q4 2013, with decelerating growth from its "Marketplaces" (auction) segment and increasing revenue growth from PayPal. The PayPal numbers are particularly crucial because eBay is …eBay Earnings: What to WatchWall Street Journal (blog)eBay Inc …

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EBay disagrees with Icahn, says better off keeping PayPal

(Reuters) – EBay Inc on Wednesday said activist investor Carl Icahn made a non-binding proposal for the e-commerce company to spin off its PayPal payments business into a separate entity. Shares of eBay rose 7.8 percent to $58.68 in afterhours trading. But eBay, which bought PayPal for $1.5 billion in …

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