BRIEF-Interview-eBay CEO says consulting with Goldman following Icahn …Reuters… Interview-eBay Inc CEO says consulting with Goldman Sachs Group Inc. following carl icahn's proposal * Ebay CEO says paypal spin-off was the only proposal put forth by carl icahn * Ebay CEO says does not know of either of icahn's board nominees. More: continued here
EBay reports 13% higher profit as activist investor Carl Icahn calls for creating a separate company around PayPal, one of the company’s most valuable assets. More: continued here
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 off PayPal …and more » More:…
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 hiving off the multibillion-dollar payments…
EBay shares jump 10%; Icahn to propose PayPal spinoff More: continued here
Developing: EBay logged a slightly better-than-expected 13% jump in fourth-quarter earnings on Wednesday and also revealed a push by billionaire Carl Icahn to split up the tech giant. More: continued here
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 (EBAY) Q4 Earnings: What To…
EBay Inc on Wednesday reported a higher profit for the holiday quarter as more transactions were paid with its PayPal service. The e-commerce company also said activist investor Carl Icahn submitted a … More: continued here
(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 2002, said its board concluded…
Join us! More: continued here