Today's 3 Stock Picks: MSFT, AAPL, EBAYSmartmoney.com –4 hours agoInvestors brought the gavel down on eBay (EBAY) after the online auction and market place site reported a 7% decrease in fourth-quarter revenue and a 31% …Markets Fall At Opening BellWashington PostWall Street slides on poor Microsoft and jobs figuresguardian.co.ukUS STOCKS-Stocks slip on Microsoft, economic woesReutersBusinessWeek – CNNMoney.comall…
BBC News EBay's Growth Stalls as Shoppers Pull BackWall Street Journal –4 hours agoBy GEOFFREY A. FOWLER EBay Inc. reported a 31% slump in fourth-quarter profit and the company's first quarterly revenue decline, as the online seller …EBay Drops in Europe After Forecast Misses Analysts’ EstimatesBloombergEBay’s Income Declines 31% as Economy Reduces TrafficNew York TimesEBay sales,…
Microsoft and eBay pull down Nasdaq, following their announcements of disappointing earnings. Both bellwethers are among most actively traded Thursday. More: continued here
Revenue and profit fall at auction website eBay as it struggles to cope with the economic downturn. More: continued here
EBay Inc posted lower fourth-quarter profit and revenue on Wednesday, and gave a weaker-than-expected forecast for the current quarter, sending its shares down nearly 6 percent. More: continued here
EBay Inc. will likely face continued pressure near term as it contends with a maturing auction business in the midst of a recession, an analyst said Thursday as he cut the company’s price target. More: continued here
The auction giant’s profit slides 7% from the year-earlier period. In another sign that the retail downturn is spreading beyond the malls to the Internet, auction giant EBay Inc. on Wednesday reported lower fourth-quarter earnings and its first-ever drop in quarterly sales. More: continued here
Nokia, Microsoft, eBay DeclineWall Street Journal –3 hours agoA batch of weak earnings reports took a toll on stocks Thursday, with Nokia, Microsoft and eBay among the decliners. Nokia, the world's largest mobile-phone …Apple, eBay Stock In FocusForbesOpening View: Apple Is Not Enough, Stocks Led Lower by eBay and NokiaSchaeffers ResearchHousing, Jobless Claims Data Weigh on…
EBay Inc. shares slide more than 10% after the online auction provider reports disappointing revenue for the fourth quarter and warns that the current period would also disappoint. More: continued here
eBay beat expectations for quarterly profit on Wednesday but gave a weaker-than-expected forecast for the current quarter, sending its shares down nearly 6 percent. More: continued here