EBay 3rd-qtr net income rises 14 pct with PayPal, marketplace growth but outlook disappoints

SAN FRANCISCO — EBay’s third-quarter net income climbed 14 percent, as its namesake site and PayPal online payment service continued to show healthy growth — more of which is coming from consumers shopping and transferring funds using the company’s smartphone and tablet apps. Investors were unimpressed with eBay’s predictions for the current quarter, however. Its stock fell more than 4 percent …

More: continued here