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EBay Takes $3 Billion Repatriation Charge, Beats Earnings

NEW YORK (TheStreet) – EBay  beat a conservative first-quarter earnings guidance after it settled a very public two-and-a-half-month battle with billionaire activist investor Carl Icahn. However, the company took a $3 billion tax-related charge to earnings that may cloud strong first quarter operational performance at the e-commerce giant in a critical year of execution. EBay reported a non-GAAP …

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