eBay Takes Tax Charge, Shares Slump
eBay Inc. (EBAY) shares slumped post its earnings report, despite the fact that the company's earnings were ahead of the Zacks Consensus Estimate. More: continued here
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Royal Mail Float: Priority Investors Revealed By Vince Cable – Huffington Post UK
Royal Mail Float: Priority Investors Revealed By Vince CableHuffington Post UKThe National Audit Office revealed that many of the priority investors sold out their shares swiftly after the flotation, making huge profits within the first few weeks as the Royal Mail's share price soared by 72% over the first five months, after … More: continued…
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Royal Mail Sale Would Have Thatcher 'Turning In Her Grave', Warns Margaret Hodge
Royal Mail 's controversial privatisation would have Margaret Thatcher "turning in her grave" as the business' shares went to a "masonic lodge" of City firms rather than ordinary investors, Labour MP Margaret Hodge has warned. Hodge, chairman of the influential Public Accounts Committee, launched a fierce attack on the Royal Mail's stock market flotation as…
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Royal Mail float: Government admits hedge funds were favoured – Evening Standard
Evening Standard Royal Mail float: Government admits hedge funds were favouredEvening StandardAn analysis of Royal Mail's share register shows that Och-Ziff, an aggressive US-based hedge fund, had a holding of 10 million shares on 15 October, the day the company's shares started trading. A week later it had reduced its holding to 3.5 million ……
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Revenue: $4.26 billion (analysts expected $4.23 billion) – Business Insider
Business Insider Revenue: $4.26 billion (analysts expected $4.23 billion)Business InsiderIt's been an interesting quarter for eBay, as the company dealt with a very public back-and-forth with activist investor Carl Icahn, who accused several board members, including Marc Andreessen, of not having eBay's best interests in mind, and urging … More: continued here
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Royal Mail: how hedge funds cleaned up in float new – Belfast Telegraph
Royal Mail: how hedge funds cleaned up in float newBelfast TelegraphThe Business Secretary, Vince Cable, has repeatedly insisted that the handful of key investors offered Royal Mail shares on preferential terms were long-term institutional investors. This was to ensure the new company started with “a core of high … More: continued here
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Ebay’s Q1: Posts a loss but meets targets anyway; enterprise revenue up – ZDNet
Ebay's Q1: Posts a loss but meets targets anyway; enterprise revenue upZDNetBy Rachel King for Between the Lines | April 29, 2014 — 20:25 GMT (13:25 PDT). fd-vortex-money. Shortly after resolving (at least for the time being) its spat with power investor Carl Icahn, eBay handed its first quarter earnings report after the bell ……
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EBay Tax Hit: Ray of Hope or Storm Cloud for Silicon Valley?
NEW YORK (TheStreet) – Maybe, in light of eBay's earnings-wrecking $3 billion repatriation charge, investors should focus a bit more on the hundreds of billions of dollars in unrecognized tax liabilities that Apple , Google , Microsoft , Hewlett-Packard , and Cisco have created by keeping foreign profits abroad. EBay: We Are Not Announcing Any…
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Why PayPal is eBay's most valuable asset
Thriving online payments business wants to capture some of the offline market. More: continued here
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5 Big Takeaways From eBay's Earnings
NEW YORK (TheStreet) – EBay , on Tuesday evening, posted a mixed first quarter earnings report. While revenue growth at the e-commerce giant's payments, marketplace and enterprise divisions is generally in the high teens, the company gave second-quarter guidance that was a bit weak. EBay: We Are Not Announcing Any Large U.S. Acquisition EBay Takes…