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EBay 1Q Net Jumps 20% On PayPal Growth; 2012 Outlook Raised
NASDAQ EBay Inc.'s (EBAY) first-quarter profit rose 20% on continued strength in the company's payments business, prompting the company to boost its outlook for the year. Shares rose 4.5% to $37.50 after hours on the stronger-than-expected results. |
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