Carl Icahn is proposing a spin-off of the eBay's fast-growing PayPal division, but the e-commerce giant rebuffed the overture. More: continued here
Read More »Postage stamp prices go up on Sunday – Duncan Banner
Postage stamp prices go up on SundayDuncan BannerThe rate increase was prompted by the recession, which resulted in a loss of money made off stamps between 2008 and 2009, according to postal officials. The rate increase was proposed as temporary, not lasting longer than two years. Davis said the … …
Read More »eBay turns in strong 4Q, rebuffs Icahn’s PayPal spinoff plan – CNET
eBay turns in strong 4Q, rebuffs Icahn's PayPal spinoff planCNETeBay's fourth-quarter earnings were better than expected, courtesy of mobile volume, PayPal, and solid marketplace results, but the company's outlook for the first quarter was light. The company also detailed that investor Carl Icahn wants a PayPal … More: continued here
Read More »New location decided for Richland post office – TheNewsTribune.com
New location decided for Richland post officeTheNewsTribune.comThe U.S. Postal Service has settled on a new location for the Richland post office. The post office plans to move to 639 Cullum Ave. in late spring or early summer, spokesman Ernie Swanson said Wednesday. The building is three-tenths of a mile from …
Read More »Carl Icahn: Time to break up eBay – Fortune
CNN Carl Icahn: Time to break up eBayFortuneeBay Inc. (EBAY) this afternoon announced that Icahn has nominated two of his employees to its board of directors, and submitted a non-binding proposal to spin PayPal out into a separate business. Icahn earlier this month acquired a 0.82% stake in eBay…eBay spikes …
Read More »EBay 4Q Earnings up, Icahn Proposes PayPal Split – ABC News
EBay 4Q Earnings up, Icahn Proposes PayPal SplitABC NewsEBay said Wednesday that its earnings and revenue grew in the last three months of 2013, driven by a strong holiday season for its e-commerce site and its fast-growing payments business, PayPal. The company also said activist investor Carl Icahn is … More: …
Read More »CNBC’s David Faber reports eBay has indicated in its earnings report that Carl … – CNBC.com
CNBC.com CNBC's David Faber reports eBay has indicated in its earnings report that Carl …CNBC.comEBay shares soared late Wednesday after Icahn revealed he has stock and derivatives representing 0.82 percent of the company and has nominated two directors to its board. In after-hours trading, eBay shares were up around 7 …
Read More »eBay Stock Surges As Carl Icahn Says He Wants To Break Up The Company – Business Insider
eBay Stock Surges As Carl Icahn Says He Wants To Break Up The CompanyBusiness InsiderThe company is proposing a $5 billion stock buyback, and has received a proposal from activist billionaire investor Carl Icahn to split off PayPal into a separate unit. Icahn also wants two of his people added …
Read More »Could Square be collateral damage in Carl Icahn’s war on Ebay? – Quartz
Could Square be collateral damage in Carl Icahn's war on Ebay?QuartzCarl Icahn just revealed his latest target: Ebay. But the auction payment company might not be the ultimate casualty if Icahn gets his way. Today it emerged that America's loudest activist investor has built an 0.8% stake in Ebay, and …
Read More »Nissan's e-NV200 small van to deliver for FedEx Express in D.C. area
FedEx Express and Nissan will soon begin testing the automaker's new all-electric e-NV200 vehicle for some deliveries in the Washington, D.C., region. More: continued here
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