Telegraph.co.uk Ahead of the Bell: EBay gains after 1Q earningsForbes, NYAP , 04.23.09, 08:40 AM EDT Shares of eBay Inc. jumped before the open Thursday on the back of earnings from the day before that topped Wall Street expectations. Shares rose 6.6 percent, or 97 cents, to $15.75 after closing at …
Read More »US HOT STOCKS: EBay, PNC Financial Services, RadioShack – Wall Street Journal
US HOT STOCKS: EBay, PNC Financial Services, RadioShackWall Street JournalAmong the companies whose shares are actively trading in the session are eBay Inc. (EBAY) and PNC Financial Services Group Inc. (PNC). EBay Inc.'s (EBAY, $16.08, +$1.30, +8.80%) first-quarter net income fell 22% as the slump in online sales led to …
Read More »Good News from eBay (BusinessWeek)
For each of the major negative signs in eBay’s first-quarter results, there was a reassuring “but.” Sales fell 8%, to $2 billion, from a year earlier but were higher than estimates the company provided in January. Earnings fell 21% from the previous year, to 39¢ a share. More: continued here
Read More »EBay wins regulator approval for Gmarket deal (Reuters via Yahoo! News)
U.S. online auctioneer eBay Inc won final approval from South Korea’s antitrust watchdog for its planned acquisition of Gmarket Inc, subject to conditions such as a commission freeze for the next three years. More: continued here
Read More »EBay Revenue Down 8 Percent, PayPal Up (PC Magazine via Yahoo! News)
A decline in eBay auction listings and vehicle purchases contributed to an 8 percent decline in revenue for the online auction site this quarter, though PayPal and its payment processing business was up 11 percent. More: continued here
Read More »Apple, EBay Rise as Customer Spending Holds Up Amid Recession (Bloomberg)
April 23 (Bloomberg) — Apple Inc. and EBay Inc. topped analysts’ sales and profit estimates last quarter, a sign that customer spending may have stabilized. More: continued here
Read More »EBay beats Street view, shares rise (Reuters via Yahoo! News)
EBay Inc beat Wall Street expectations on earnings and revenue on Wednesday thanks to cost cuts and solid growth at its Skype telephone and PayPal payments divisions, sending its stock higher. More: continued here
Read More »Last Bytes: Apple Profit Soars; eBay Profit Falls – Conde Nast Portfolio
Los Angeles Times Last Bytes: Apple Profit Soars; eBay Profit FallsConde Nast Portfolio, NY[BizJournals] EBay's net dropped 22 percent in the most recent quarter as revenue retreated 8 percent. [WSJ] The iPhone staunched some of AT&T's profit bleeding, as its first-quarter profit dropped 9.7 percent from a year ago, but the …
Read More »Profit decreases, but eBay outdoes analyst forecasts – Houston Chronicle
Profit decreases, but eBay outdoes analyst forecastsHouston Chronicle, United StatesEBay said Wednesday that the weak economy contributed to declines in both earnings and revenue for the second straight quarter, but the online marketplace operator beat analysts' expectations. The first-quarter results helped eBay shares shoot up in …Apple Shares SoarForbesStreet Braces For …
Read More »EBay, Apple profit beat expectations despite gloomy market – NEWS.com.au
TrustedReviews EBay, Apple profit beat expectations despite gloomy marketNEWS.com.au, AustraliaTECH companies Apple and EBay posted stronger-than-expected quarterly earnings however overall the sector was mixed on profits. Apple said that its net profit rose to $US1.21 billion ($1.71 billion), or $US1.33 a share, in its fiscal second quarter …Apple Net Up 15%, …
Read More »