EBay and Verizon skid; American Express and Mattel jumpThe Seattle TimesThe credit card issuer raised its annual outlook after its third-quarter results were stronger than analysts expected. Mattel Inc., up $1.84 to $32.46. The toy company reported better sales of Barbie products and games, among other items. Verizon …and more » More: continued here
Nasdaq eBay Crashes Despite Q3 Beat: Buy the Dip via ETFsNasdaqE-commerce giant eBay IncEBAY came up with Q3 results after the closing bell on October 19 and shares plunged 8% after hours although the company beat on both lines. As per the company, non-GAAP earnings from continuing operations were $0.45 per …and more » More: continued here
Los Angeles Times Stocks lose ground; EBay slumps nearly 11%Los Angeles TimesA day of mostly listless trading on Wall Street ended Thursday with U.S. stocks giving back modest gains from the day before. Telecom-sector stocks declined the most, weighed down by a slide in shares of AT&T, Sprint and other phone companies.and more » More: continued…
Financial Times Ebay shares plunge on disappointing earnings outlookFinancial TimesShares in eBay fell 10.8 per cent to $29.02 after the California-based company said it expected revenues in the current quarter to be between $2.36bn and $2.41bn, with the lower end missing analysts' expectations of $2.4bn. Meanwhile, it anticipates …and more » More: continued here
Los Angeles Times Stocks trade a bit lower; EBay slumps 10%Los Angeles TimesU.S. stocks were little changed in early trading Thursday as investors weighed disappointing quarterly results and forecasts from several big companies. Telecom stocks fell as healthcare stocks mostly rose. The Dow Jones industrial average was down 5 …and more » More: continued here
Business Insider eBay is testing a Facebook Messenger chatbotBusiness InsiderThe chatbot is powered by artificial intelligence (AI) that gathers information from questions it asks and users' Facebook profiles. ShopBot then uses those details to help customers find more relevant items. eBay is likely leveraging its recent …eBay teams up with Facebook Messenger to launch shopping…
ZDNet eBay narrowly beats expectations for Q3ZDNeteBay on Wednesday posted its third-quarter financial results, narrowly beating market expectations. Still, shares were down in after-hours trading, as the company gave a cautious outlook for the fourth quarter and reported a gross merchandise volume …Why eBay Is Sinking in Spite of Solid Earnings24/7 Wall St.eBay Inc. Reports…
EBay Issues Holiday Reality Check With Lackluster ForecastBloombergShares, which have gained 28 percent since July 1, fell as much as 8.9 percent in extended trading Wednesday after EBay projected fourth-quarter revenue and profit that may miss analysts' estimates. Chief Executive Officer Devin Wenig said the company …and more » More: continued here
eBay (EBAY) Could Be the Next Yahoo or Twitter as Q4 Outlook DisappointsTheStreet.comNEW YORK (TheStreet) — Shares of eBay (EBAY) were slumping by 11.12% to $28.91 in late morning trading on Thursday, after the company gave "not such a rosy forecast for the holidays" in its 2016 third quarter report after yesterday's closing bell, Fox …and…
Business Insider eBay is getting crushed after announcing weak guidance for earnings in the fourth quarterBusiness InsiderAlso, gross merchandise volume (GMV) — a key measure of the dollar value of everything sold on eBay— slightly trailed analysts' forecasts. Third-quarter GMV totaled $20.1 billion, representing 5% growth from the same quarter in the previous year …eBay…