EBay disagrees with Icahn, says better off keeping PayPal

(Reuters) – EBay Inc on Wednesday said activist investor Carl Icahn made a non-binding proposal for the e-commerce company to spin off its PayPal payments business into a separate entity. Shares of eBay rose 7.8 percent to $58.68 in afterhours trading. But eBay, which bought PayPal for $1.5 billion in …

Read More »

Ebay Stock Won’t Get a Pop From Earnings – Investorplace.com

Ebay Stock Won't Get a Pop From EarningsInvestorplace.comThe Ebay (EBAY) earnings report lands Wednesday after the closing bell, and although Wall Street expects solid profit and sales growth, a weak holiday selling season could cause eBay earnings to miss estimates — and that will likely weigh on eBay stock.Was eBay's"Cautious …

Read More »

EBay (EBAY) Down In After-Hours Trading – TheStreet.com

EBay (EBAY) Down In After-Hours TradingTheStreet.comeBay Inc. provides online platforms, tools, and services to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. EBAY has a PE ratio of 25.3. Currently there are 24 analysts that rate eBay…and more » More: continued here

Read More »

EBay shares soar more than 8 percent as Icahn takes stake

Shares of eBay soared late Wednesday after activist investor Carl Icahn revealed he owns almost one percent of its stock and has nominated two directors to the company's board. Just minutes after the revelation in the company's earnings news release, eBay shares were up 8.5 percent. Ebay also said its …

Read More »

Apple’s original Mac can fetch $1598 … – CNET (blog)

Apple's original Mac can fetch $1598 …CNET (blog)Apple's original Mac can fetch $1,598 on eBay. Once sold for about $2,500, Apple's 30-year-old Macintosh computer dropped in price for years. But that seems to be changing, according to eBay. Donna Tam. by Donna Tam. January 22, 2014 11:21 AM PST. More: …

Read More »