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Morning Movers: eBay Gains, CVS Slumps, Aetna Rises
Nasdaq S&P 500 futures gained 0.5%, while Dow Jones Industrial Average futures have climbed 0.9%. Nasdaq Composite futures have risen 0.5%. Aetna (AET) has gained 2.8% to $186.40 after agreeing to be purchased for $69 billion in cash by CVS Health (CVS). CVS … eBay (EBAY) Upgraded by BMO Capital Markets to Outperform |
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New York Times (blog) Yahoo Finds New CEO at PayPalWall Street JournalYahoo Inc., the struggling Internet pioneer, named Scott Thompson, president of eBay Inc.'s PayPal unit, to be its next chief executive. He will be tasked with turning around its core online-advertising business, Kara Swisher reports on digits. …Thompson exit puts focus on PayPal spin-offReutersEBay…
The Consumerist Seller Gets Scammed On Ebay, PayPal Won't HelpThe Consumerist, NY –2 hours agoMatt just got his first taste of Ebay, and it wasn't good. We're pretty sure he's screwed on this one, but does anyone have any good advice for what he can … More: continued here
Pop Culture: Sittin’ on the dock of eBay, stuck in reverseNorwich Bulletin, CT –9 minutes agoThe thing I did that I rarely do was this: I bought something on eBay. The victory came as a surprise. I placed the bid on a whim, never thinking in a … More: continued here
eBay Celebrates Star Wars Day With New Site-Wide 15% Off Coupon, Get HomePod for $306Mac RumorseBay today launched its latest site-wide coupon event, in celebration of Star Wars Day. With the offer, you can get 15 percent off everything across eBay with just a few exclusions: Coins & Paper Money, Gift Cards & Coupons, and…
Bidness ETC EBay and PayPal job cuts begin ahead of splitSilicon Valley Business JournalThe layoffs came just days after eBay announced in January that it would cut 2,400 jobs, 7 percent of its staff, by the end of the quarter. In September, eBay CEO John Donahoe said the company would lay off as many as…
eBay and PayPal merge development platformsInternetRetailer.comThat's what eBay and its payment processing arm PayPal decided last week when they combined their two separate developer platforms. “Online and offline commerce are converging into a new retail experience, powered by mobile, local, social and digital …Credit Suisse (CS) Analysts Raise Price Target on eBay, Inc. (EBAY) Shares…