MyBroadband eBay: JP Morgan Turns BullishForbesJ.P. Morgan analyst Doug Anmuth has raised his rating on eBay shares to Overweight from Neutral, while boosting his target on the stock to $50, from $39. The stock closed Thursday at $43.95. The move follows the company's better-than-expected Q2 …EBay lowers Q3, FY12 outlook …
Read More »StubHub: Anatomy of a game-changing idea – CNNMoney
StubHub: Anatomy of a game-changing ideaCNNMoneyFORTUNE — Making money through technology is Jeff Fluhr's stock-in-trade. Fluhr, 38, was the co-founder of San Francisco's StubHub.com, an online ticket marketplace where fans buy and sell from each other. Fluhr sold it to eBay in 2007 for $310 million. More: continued here
Read More »eBay Beats Forecasts On Strong Growth From Marketplaces – Seeking Alpha
eBay Beats Forecasts On Strong Growth From MarketplacesSeeking AlphaeBay (EBAY) has just released its second quarter 2012 earnings report, in which the eCommerce giant outpaced expectations for yet another quarter. Revenue increased 23% to $3.4 billion, compared to the same period of 2011. Non-GAAP earnings came in … More: continued …
Read More »EBay Profit Soars 144% As E-Commerce Rebounds – Pittsburgh Post Gazette
EBay Profit Soars 144% As E-Commerce ReboundsPittsburgh Post GazetteSAN FRANCISCO — EBay, once the online equivalent of a garage sale, is successfully transforming itself into a dominant force in mobile retailing, as seen by the successful turnaround of its Internet marketplace business and double-digit growth of … More: continued here
Read More »10 Weirdest Things for Sale on eBay – Mashable
10 Weirdest Things for Sale on eBayMashableAs online shopping becomes more dominant than ever, Internet users seek incredibly creative entrepreneurial opportunities. These are not your typical Etsy arts and crafts. Some people find whatever they can sell on ecommerce sites like eBay. More: continued here
Read More »eBay’s New X.Commerce Is Getting Some Legs – EcommerceBytes
BizReport eBay's New X.Commerce Is Getting Some LegsEcommerceBytesIn the fall of 2011, eBay announced X.commerce, a new, unified developers program for all eBay Inc. properties, including PayPal, Magento, eBay and GSI Commerce. X.Commerce was created with the lofty goal of weaving together all of companies' …eBay quarterly profit more than …
Read More »eBay quarterly profit more than doubles – Business Recorder (blog)
Daily Deal Media eBay quarterly profit more than doublesBusiness Recorder (blog)Online auction house eBay on July 18 reported that its profit in the recently-ended quarter more than doubled due to strong showings by its Marketplaces and PayPal services. The California-based company said it had a net income of $692 million …
Read More »Analyst Moves: EBAY, STLD
eBay (EBAY) was upgraded by JP Morgan (JPM) to overweight from neutral with a price target of $50 due to growth being driven from the marketplace and payments. More: continued here
Read More »Deep Dive Into eBay’s Strong Q2 2012 Results – Seeking Alpha
Deep Dive Into eBay's Strong Q2 2012 ResultsSeeking AlphaHere's a key metrics tracker that we've updated to show eBay's Q2 results vs. their own guidance and Wall St. expectations. (Click to enlarge). Ebay_q2_p1. I think the highlight of the conference call was John Donahoe's statement: "This is the … More: …
Read More »EBay more than doubles 2Q earnings, revenue up – San Francisco Chronicle
EBay more than doubles 2Q earnings, revenue upSan Francisco ChronicleNEW YORK (AP) — EBay Inc. more than doubled its second-quarter net income thanks to higher revenue from its PayPal online payments business and its e-commerce websites. The solid results, which came against the backdrop of the ongoing European … More: …
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