Early movers: VZ, GS, BX, IBM, AXP, EBAY& moreCNBC.comEBay– EBay earned 64 cents per share, excluding certain items, for the third quarter, beating estimates by one cent. However, the online auctioneer's current quarter guidance falls below current consensus, with eBay pointing to a weak U.S. economic …and more » More: continued here
Jutia Group Tech stocks: eBay, IBM slide; Google earnings nextUSA TODAYShares of eBay and IBM have taken a hit in early morning trading following quarterly earnings reports that fell short of Wall Street expectations. IBM stock has plunged nearly 6.5% after reporting Wednesday its revenue dipped 4% during the third …Earnings Roundup: IBM, eBayForbesGoogle and…
Bloomberg The World According to EBay's CEOBloombergDuring the company's earnings call, Chief Financial Officer Bob Swan used the word "angst" to describe the company's emotional response to "dramatically decelerating" growth rates in U.S. e-commerce. And while EBay described the country as in a state …and more » More: continued here
NEW YORK (TheStreet) — Shares of eBay plunged 5.1% to $50.80 following weak guidance, amid uncertainty in the U.S. for the upcoming holiday season. For the fourth quarter, eBay said it expects a cautious environment, which was reflected in its guidance. The company expects to earn between 79 cents and 81 cents a share, with…
eBay warns investors: Don't expect 'em to stuff stockings with our tatRegisterShares in eBay tumbled in after-hours trading on Wall Street, after the online tat bazaar coughed to a "cautious outlook" for the holiday season in the US. The company alerted investors that it could face a difficult Christmas period and partly blamed … More:…
eBay's results continue to be buoyed by its Payments platform, but the company is still playing catchup in the increasingly competitive e-commerce market. More: continued here
eBay founder plans hard-hitting news siteCNETThe eBay founder, who with projects like community news site Civil Beat has previously moved into journalistic territory, has tapped Glenn Greenwald to help build a team of "independent journalists with expertise, and a voice, and a following" who can …and more » More: continued here
EBay's 3Q Profits Jump 15% But Outlook Spooks Wall StreetFox BusinessOnline payments and auction giant eBay (EBAY) posted a slightly stronger-than-expected 15% rise in third-quarter profits on Wednesday thanks to strong mobile growth, but the tech company's revenue and guidance alarmed shareholders. Shares of eBay … More: continued here
eBay earnings: Sales up 21%, revenue up 14%, and 'double digit' PayPal user …VentureBeatEBay hit exactly the number analysts expected today as it released its Q3 earnings report, with revenues of $3.9 billion, GAAP earnings of $689 million, and 21 percent growth in its “enabled commerce volume” to $51 billion. But its guidance for the…
EBay Holiday Quarter Forecast Trails Analysts' EstimatesBloombergEBay Inc. (EBAY) issued sales and profit forecasts that fell short of analysts' estimates ahead of the key holiday shopping season, citing “dramatically decelerating U.S. e-commerce growth.” Fourth-quarter sales will be $4.5 billion to $4.6 billion … More: continued here