EBay revenue jumps 13 pct despite worsening competition

EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as it fended off increasing competition from arch-foe Amazon.com Inc and a growing number of smaller niche retail websites. The company reported second-quarter revenue of $4.37 billion, versus $3.88 billion a year ago and the $4.38 billion that …

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Strong PayPal growth boosts eBay's 2Q profit

EBay said Wednesday that its second-quarter net income rose 6 percent, as strong growth from its PayPal payments business offset lower-than-expected revenue that was hampered by a global password reset after a cyberattack. More: continued here

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EBay 2Q Profit Climbs 5.6 Percent – ABC News

EBay 2Q Profit Climbs 5.6 PercentABC NewsEBay Inc. (EBAY) on Wednesday reported earnings that rose by 5.6 percent in its second quarter, and topped analysts' expectations. The San Jose, California-based company said net income increased to $676 million, or 53 cents per share, from $640 …and more » More: continued here

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Stamps Add Former NFLer to Practice Roster

The Calgary Stampeders have added international defensive back Brandon McDonald to the practice roster. McDonald is a veteran of 80 National Football League games over six seasons with the Cleveland Browns, Arizona Cardinals, Detroit Lions and Tampa Bay Buccaneers. More: continued here

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PayPal helps eBay revenue jump 13 percent despite worsening competition

EBay Inc posted a 13 percent rise in quarterly revenue, as better-than-expected results from its fast-growing PayPal division helped to overcome increasing competition from Amazon.com Inc and a well-publicized cyber-attack that exposed customers' data. Ebay's stock has fallen more than 8 percent since April, hurt by a cyber-attack disclosed in …

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