NEW YORK (TheStreet) – EBay reports first-quarter earnings after the markets close on Tuesday and investors will finally be able to focus on the numbers as opposed to the e-commerce company's very public two-and-a-half-month battle with billionaire activist investor Carl Icahn. In January, eBay said in January that it expected …
Read More »FedEx employee wounds 6, kills self
Six people have been injured in an incident at a FedEx facility in Kennesaw, Georgia, a hospital spokesman said Tuesday morning. More: continued here
Read More »Royal Mail’s shares were correctly priced, ministers claim – Telegraph.co.uk
Telegraph.co.uk Royal Mail's shares were correctly priced, ministers claimTelegraph.co.ukRoyal Mail's shares were correctly priced at 330p each when it was privatised last year – despite their value doubling on the stock market weeks later, ministers have said. MPs on the Business committee tore into Business Secretary Vince Cable and his … …
Read More »Vince Cable vows 'no apology' over Royal Mail sale
The Business Secretary insists that Royal Mail was not sold on the cheap but admits that the Government may consider "different methods" other than an IPO for future privatisations. More: continued here
Read More »eBay Tax Bill, Outlook Stymie Shares
eBay Inc. (NASDAQ: EBAY) reported first quarter 2014 results after the markets closed Tuesday. The e-commerce giant posted adjusted diluted earnings per share (EPS) of $0.70 on revenues of $4.3 billion. … More: continued here
Read More »EBay’s results top Wall Street targets but outlook disappoints – Reuters
Wall Street Journal EBay's results top Wall Street targets but outlook disappointsReuters… and cash equivalents at the end of March. Some investors were expecting an even larger first-quarter beat after activist investor Carl Icahn ended his campaign to force eBay to spin out PayPal earlier this month, Wedbush Securities analyst …
Read More »eBay (EBAY) Falls in After-Hours Trading Despite Earnings Beat
NEW YORK (TheStreet) — eBay fell in after-hours trading on Tuesday despite first-quarter earnings that beat analysts' expectations. The company reported earnings per share of 70 cents and a 14% year-over-year increase in revenue to $4.26 billion, which beat the estimates of 67 cents a share on revenue of $4.228 billion …
Read More »FedEx attack
Six people were injured Tuesday in a shooting at a FedEx facility in Kennesaw, Georgia, officials said. More: continued here
Read More »EBay Forecasts Sales That May Miss Estimates
EBay Inc. may have fended off an attack from activist shareholder Carl Icahn, yet jump-starting sales growth may be a tougher fight. More: continued here
Read More »FedEx shooting suspect identified as baggage handler, age 19
Authorities have identified the gunman in Tuesday's shooting at a Georgia FedEx facility as a 19-year-old baggage handler. More: continued here
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