eBay third-quarter earnings beat estimates, but forecast weakCNETeBay reported third-quarter earnings after the bell Wednesday, and the report was saved by revenue increases across the portfolio. Collectively, the online retail giant reported a net income of $689 million, or 53 cents per share. Non-GAAP earnings … More: continued here
Read More »Ebay warns of tougher US trading – Financial Times
EcommerceBytes Ebay warns of tougher US tradingFinancial TimesEbay expects to struggle through the holiday shopping season after growth in online shopping rates in the US suddenly decelerated, causing the company to issue lower than expected guidance for the fourth quarter. Shares in the ecommerce and payments …eBay's profit forecast falls short …
Read More »EBay Putting Its Faith in PayPal – Bloomberg
EBay Putting Its Faith in PayPalBloombergThis is one of the things you have to had line with this, because if there is an argument out there based on some of the headlines that this holiday shopping season, ebay has its work cut out first as a player like amazon, maybe …
Read More »eBay stock falls after earnings report – San Jose Mercury News
eBay stock falls after earnings reportSan Jose Mercury NewsLOS ANGELES — eBay (EBAY) said the growth rate of e-commerce in the U.S. is slowing as it delivered a weaker than expected profit and revenue outlook for the current quarter through December. The company's third-quarter earnings edged past analysts' … More: continued …
Read More »Greenwald’s backer: eBay founder – Politico (blog)
Greenwald's backer: eBay founderPolitico (blog)Omidyar currently serves as chairman of the board at eBay Inc and oversees various media, business and philanthropic through the Omidyar Network, including a Hawaii-based news site Honolulu Civil Beat and an investment group called Democracy Fund. More: continued here
Read More »Ebay founder to launch independent mass-market news venture – Reuters
Ebay founder to launch independent mass-market news ventureReutersSAN FRANCISCO (Reuters) – EBay Inc founder Pierre Omidyar on Wednesday said Wednesday he is building an independent media organization covering news from sports to politics for mainstream readers, spearheaded by big names including … More: continued here
Read More »EBay CEO cites 'uncertainty' for weak 4Q outlook
LOS ANGELES (AP) — EBay said the growth rate of e-commerce in the U.S. is slowing as it delivered a weaker-than-expected profit and revenue outlook for the current quarter through December. The company's third-quarter earnings edged past analysts' expectations, but revenue rose just short of estimates. More: continued here
Read More »EBay holiday quarter outlook disappoints on U.S. weakness
By Phil Wahba (Reuters) – EBay Inc on Wednesday gave a disappointing holiday forecast, saying the U.S. economic environment, including consumer confidence, had deteriorated in part because of the shutdown of the U.S. government. Shares of the e-commerce company fell 5.7 percent in after-hours trading. Chief Financial Officer Bob Swan …
Read More »eBay's CEO Discusses Q3 2013 Results – Earnings Call Transcript
eBay Inc (EBAY) Q3 2013 Earnings Conference Call October 16, 2013 5:00 PM ET Executives Tom Hudson – Vice President, Investor Relations John Donahoe – President, Chief Executive Officer, Director Bob Swan … More: continued here
Read More »Snowden Journalist’s New Venture to Be Bankrolled by eBay Founder – New York Times
NPR (blog) Snowden Journalist's New Venture to Be Bankrolled by eBay FounderNew York TimesFor years, the tech billionaire Pierre M. Omidyar has been experimenting with ways to promote serious journalism, searching for the proper media platform to support with the fortune he earned as the founder of eBay. He has …
Read More »