EBay swings to third-quarter profit but warns about year aheadLos Angeles Times, CA –3 minutes agoBy Jessica Guynn, Los Angeles Times Staff Writer SAN FRANCISCO — The consumer spending slowdown that first hit EBay Inc. in mid-August could ruin its … More: continued here
Read More »EBay warns on end of year and beyond, shares down (Reuters via Yahoo! News)
Online auction leader eBay Inc gave a disappointing forecast that promised little holiday cheer and said it was suffering from a widespread consumer spending slowdown that would drag on into 2009, sending its shares down 3.5 percent. More: continued here
Read More »eBay profits up, but outlook weak (AFP via Yahoo! News)
Online auction giant eBay Inc. posted third-quarter earnings Wednesday of 492 million dollars that surpassed expectations but forecast a weaker outlook for the remainder of the year. More: continued here
Read More »No merry Christmas for eBay – CNNMoney.com
Reuters No merry Christmas for eBayCNNMoney.com –1 hour agoBy Yi-Wyn Yen Santa Claus won’t be coming to eBay this year. The online auction giant reported quarterly sales and profits late Wednesday that met …paidContent.org – Earnings: EBay Swings To Black For Q3 But Growth …Washington PostEBay Earnings Rise 5%, but Revenue …
Read More »EBay warns on forecast and economy; shares down (Reuters via Yahoo! News)
Online auction leader EBay Inc gave a disappointing forecast and said it was suffering from a consumer spending slowdown that would drag on into 2009, sending its shares down more than 5 percent. More: continued here
Read More »S&P 500 Poised to Extend Biggest Drop Since 1987; EBay Declines – Bloomberg
National Post S&P 500 Poised to Extend Biggest Drop Since 1987; EBay DeclinesBloomberg –3 hours agoEBay dropped 3.5 percent as the biggest Internet auctioneer cut its forecast, driving Amazon.com Inc. and Monster Worldwide Inc. down more than 4.3 percent. …Wall Street Sinks on Economic Worries, Recession Fears MountistockAnalyst.com (press release)US Stocks …
Read More »Transactions in Decline, eBay Cuts Its Forecast – New York Times
Transactions in Decline, eBay Cuts Its ForecastNew York Times, United States –7 minutes agoBy LAURIE J. FLYNN SAN FRANCISCO — The slowdown in consumer spending has begun to flatten the growth at eBay, the online retailer, which said on Wednesday … More: continued here
Read More »EBay earnings rise 5%, but revenue forecast is lowered (International Herald Tribune)
EBay beat muted expectations, reporting net income that rose 5 percent to $592 million, compared with the period a year ago. More: continued here
Read More »eBay Leads Plunge as Recession Fears Rise – InternetNews.com
eBay Leads Plunge as Recession Fears RiseInternetNews.com –5 hours agoeBay had no good news for investors reeling from the worst stock market plunge in 21 years. By Paul Shread: More stories by this author: eBay (NASDAQ: EBAY) … More: continued here
Read More »EBay Cuts 2008 Forecast, Sees First Quarterly Sales Decline (Bloomberg)
Oct. 16 (Bloomberg) — EBay Inc. , the world’s biggest Internet auctioneer, reduced its annual earnings forecast and projected its first quarterly sales decline as growth slows at the company’s namesake Web sites. More: continued here
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