eBay Banks on Core Strengths to Weather European Doldrums

Despite gains reported in core business areas, eBay is facing economic weakness in key overseas markets, which sent its stock tumbling following its quarterly earnings report Wednesday. eBay reported non-GAAP net income of $822 million, or 63 cents per share, compared with the $730 million, or 56 cents per share, that it brought in during the same period a year ago.

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