ebay

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Carl Icahn has his sights set on a Silicon Valley giant, and it isn't Apple. More: continued here

SAN FRANCISCO (MarketWatch) — EBay Inc. on Wednesday reported a fourth-quarter profit of $850 million, or 65 cents a share, on revenue of $4.5 billion, compared with earnings of $751 million, or 57 cents a share, on $3.99 billion in sales in the year-ago period. Excluding one-time items, eBay would have earned 81 cents a…

When eBay delivers fourth-quarter earnings after the close of trading Wednesday, investors will be keen to see how the results stack up against the company’s conservative guidance, and whether the PayPal online payments business continues its strong growth amid stiffer competition. Here’s a cheat sheet on what to expect. More: continued here

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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

But those items were brushed aside with the announcement that Carl Icahn was building a large position in Ebay. More: continued here

Carl Icahn has his sights set on a Silicon Valley giant, and it isn't Apple. More: continued here

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EBay is reporting higher earnings and revenue for the last three months of 2013, driven by a strong holiday season for its e-commerce site and PayPal. The company also says it has received a notice from … More: continued here