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EBay shares fall as analysts cut price targets

(Reuters) – EBay Inc shares fell as much as 6 percent on Thursday after the e-commerce company forecast a lackluster holiday quarter, prompting at least nine brokerages to cut share-price targets. Analysts cut their price targets by between $2 and $6, to as low as $56. EBay shares were trading …

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eBay Guidance Disappoints – Zacks.com

eBay Guidance DisappointsZacks.comRevenue. Gross revenue of $3.89 billion was up 0.4% sequentially and 14.3% year over year, more or less in line with our expectations of around $3.90 billion and in the middle of eBay's guidance range of $3.85-3.95 billion. Over 86% of total revenue … More: continued here

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EBay's Omidyar and his 'Next Adventure in Journalism'

By Sarah McBride SAN FRANCISCO (Reuters) – EBay Inc founder Pierre Omidyar has become the latest self-made tech baron to plunge into the struggling news industry – hot on the heels of Amazon.com Inc founder Jeff Bezos, who just paid $250 million for the Washington Post. But unlike Bezos, the …

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EBay Hires Apple Executive Pittman for E-Commerce

Pittman, who worked in worldwide e-commerce for Apple, will report to Devin Wenig, president of EBay’s marketplaces division. In his new role, Pittman will be in charge of development, improving consumer shopping experiences and other additions to the site. More: continued here

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