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 …
Read More »Regime Wants Talking Shopping Carts to Tell Food Stamp Recipients What to Eat – RushLimbaugh.com (subscription)
Regime Wants Talking Shopping Carts to Tell Food Stamp Recipients What to EatRushLimbaugh.com (subscription)RUSH: The government wants to establish talking shopping carts so that food stamp recipients will be directed to healthier foods in the grocery store. And if they end up buying the government-approved amount of healthy foods, they …
Read More »Ebay results mixed, guidance light; shares higher
Ebay earnings beat by a penny while revenue missed expectations. Shares rose after initially fluctuating in extended hours trading. More: continued here
Read More »Ebay results mixed, guidance light; shares waver
Ebay earnings beat by a penny while revenue missed expectations. Shares fluctuated in extended hours trading. More: continued here
Read More »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
Read More »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
Read More »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
Read More »French probe Royal Mail, FedEx, TNT over antitrust – MarketWatch
French probe Royal Mail, FedEx, TNT over antitrustMarketWatchRoyal Mail (LSS:UK:RMG) , the recently-privatized U.K. postal operator, and TNT Express (OTC:TNTEY) , of the Netherlands, both confirmed the probe Wednesday, while U.S.-based FedEx (NYSE:FDX) disclosed the investigation on Monday. All three … More: continued here
Read More »EBay says PayPal’s mojo was the force behind its strong second quarter numbers – VentureBeat
VentureBeat EBay says PayPal's mojo was the force behind its strong second quarter numbersVentureBeatEBay reported solid revenues in the second quarter, and much of the company's upward momentum these days is coming from PayPal. The auction site reported that revenues grew 13 percent to $4.4 billion for the second quarter …
Read More »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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