FedEx flies 727s at $3,500 more per hour CEO Stephen Elop is betting on the Lumia, which runs Microsoft software, to halt gains by Apple's iPhone and smart phones using Google's Android software. Heads up A federal appeals court in Washington will hear arguments Friday on whether it should be …
Read More »eBay Inc. Updates Third Quarter and Full Year 2012 EPS Guidance to Reflect … – MarketWatch (press release)
eBay Inc. Updates Third Quarter and Full Year 2012 EPS Guidance to Reflect …MarketWatch (press release)SAN JOSE, Calif., Jul 19, 2012 (BUSINESS WIRE) — eBay Inc., a global commerce platform and payments company (NASDAQ:EBAY) today reported that the company is updating its third quarter and full year 2012 earnings per …
Read More »EBay more than doubles Q2 earnings – Herald Sun
EBay more than doubles Q2 earningsHerald SunEBAY says its second-quarter net income more than doubled, thanks to higher revenue from its PayPal online payments business and its e-commerce websites. EBay earned $US692 million ($673.51 million) in the April-June period. That's up from $US283 …and more » More: continued here
Read More »FedEx Air-Cargo Profit Goal Threatened by Wait for Jets
FedEx Corp.’s (FDX) plan to boost air cargo profit margins to 10 percent or more, partly by replacing junkyard-ready jets with more efficient models, will be challenged by a yearlong wait for the first of the new planes. More: continued here
Read More »Stocks flip between gains and losses; IBM, eBay rise sharply after posting … – Washington Post
Globe and Mail Stocks flip between gains and losses; IBM, eBay rise sharply after posting …Washington PosteBay jumped 8 percent after the company reported that its second-quarter net income doubled, thanks to higher revenue from its PayPal online payments business and its e-commerce websites. eBay rose $3.52 to $43.98. The …
Read More »EBay Earnings Surge; Stock Jumps – Wall Street Journal (blog)
Wall Street Journal (blog) EBay Earnings Surge; Stock JumpsWall Street Journal (blog)Strength in eBay's PayPal payments business drove the stronger-than-expected results. Overall, eBay reported a profit of $692 million, or 53 cents a share, up from $283 million, or 22 cents a share, a year earlier. Excluding items, EPS rose …
Read More »Officials laud FedEx expansion
The new FedEx Ground hub on North Street was silent at 11 a.m. Wednesday, as it always is that time of day. More: continued here
Read More »On the Call: EBay CEO John Donahoe – CBS News
On the Call: EBay CEO John DonahoeCBS NewsEBay Inc. delivered strong results for the second quarter on Wednesday, helped by its PayPal online payments service and growth in marketplaces business, which includes its namesake e-commerce site. The quarter's revenue and earnings grew sharply … More: continued here
Read More »EBay second-quarter revenue climbs 23 percent – Reuters
EBay second-quarter revenue climbs 23 percentReutersSAN FRANCISCO (Reuters) – EBay Inc (EBAY.O) reported a 23 percent increase in second-quarter revenue to $3.4 billion on Wednesday, while profit climbed 16 percent to $730 million, or 56 cents per share. Shares of eBay, operator of the world's largest …and more » More: continued …
Read More »EBay earnings climb almost 145% – MarketWatch
EBay earnings climb almost 145%MarketWatchSAN FRANCISCO (MarketWatch) — EBay Inc. on Wednesday cited a strong performance by its marketplaces business as a key reason why it reported a fiscal second-quarter profit of $692 million, or 53 cents a share, on $3.4 billion in revenue. During the … More: continued here
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