Despite the recent run of negative news, our wide moat rating and positive long-term thesis for eBay remain in place. More: continued here
Read More »eBay’s local delivery plans unravel: eBay Now may shut down (Updated) – VentureBeat
VentureBeat eBay's local delivery plans unravel: eBay Now may shut down (Updated)VentureBeatTwo years after launching its local delivery service eBay Now, eBay plans to shut it down, a VentureBeat source claims. Born out of the $75 million acquisition of Milo, eBay's local team launched eBay Now in 2012 alongside competing …
Read More »Administration won’t rule out post office cuts to fund highway bill – The Hill
The Hill Administration won't rule out post office cuts to fund highway billThe HillThe Obama administration is not ruling out a Republican proposal to fund the nation's highways with cuts to the U.S. Postal Service, the head of the Transportation Department said Tuesday. DOT Secretary Anthony Foxx emphasized that he …
Read More »EBay steers away from auctions with designer shop – CNBC.com
CNBC.com EBay steers away from auctions with designer shopCNBC.comEBay isn't the only online retailer looking to ramp up its fashion resume. Amazon has also been looking to gain a foothold in the fashion industry and sells brands such as Kate Spade, Rebecca Minkoff and Badgley Mischka. To read the full …
Read More »US Postal Service decides not to sell downtown post office – Fort Worth Star Telegram
US Postal Service decides not to sell downtown post officeFort Worth Star TelegramFORT WORTH — The same day a city board voted to make a $7 million offer to buy the historic downtown post office, the U.S. Postal Service announced the building is not for sale after all. “After further …
Read More »Obama OKs renaming of post office for Ross – Fox11online.com
Obama OKs renaming of post office for RossFox11online.comWASHINGTON – The post office in De Pere will be renamed for a soldier from Howard. President Barack Obama signed into law a bill to name the post office for Cpl. Justin D. Ross. Ross died in Afghanistan in 2011. The bill's sponsor, …
Read More »Airfreight up for FedEx Trade Networks
Jack Muhs, the new president and CEO of FedEx Trade Networks (FTN), the freight forwarding division of FedEx Corp., says he is hopeful that the second half of 2014 will be strong for FTN. After a slow start, the first half has been good. More: continued here
Read More »Will This Price Target Decrease Hurt eBay (EBAY) Stock Today? (Update) – TheStreet.com
Will This Price Target Decrease Hurt eBay (EBAY) Stock Today? (Update)TheStreet.comNEW YORK (TheStreet) — UBS decreased its price target on eBay (EBAY) to $60 and set a "buy" rating. The firm noted headwinds include announcement of accounting reserve for potential repatriation of foreign cash holdings, an announced security breach, …and more » …
Read More »eBay’s local delivery plans unravel: eBay Now may shut down – VentureBeat
VentureBeat eBay's local delivery plans unravel: eBay Now may shut downVentureBeatTwo years after launching its local delivery service eBay Now, eBay plans to shut it down, a VentureBeat source claims. Born out of the $75 million acquisition of Milo, eBay's local team launched eBay Now in 2012 alongside competing same-day …
Read More »Covers Royal Mail had no qualms in sending: Some other controversial front … – The Drum
The Drum Covers Royal Mail had no qualms in sending: Some other controversial front …The DrumThe Drum has never been one to shy away from controversy, but interestingly the Royal Mail delivery sticker features on several of these covers with nary a peep from the organisation about any of them. …
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