eBay spikes on Icahn proposal

Shares of eBay soared in after-hours trading after the online auction website revealed that activist investor Carl Icahn is urging the company to break up. More: continued here

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Icahn wants eBay to spin off PayPal – PCWorld

Icahn wants eBay to spin off PayPalPCWorldActivist investor Carl Icahn has proposed that eBay spin off its payments unit PayPal into a separate company. The e-commerce company has rejected the proposal, as it holds that payment is an integral part of commerce. Icahn, who had previously opposed … More: continued here

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EBay dismisses Icahn proposal to spin off Paypal – Reuters

EBay dismisses Icahn proposal to spin off PaypalReuters(Reuters) – Carl Icahn has taken a stake in eBay Inc and is proposing a spin-off of the its fast-growing PayPal division, but the e-commerce giant rebuffed the overture, setting the stage for a potential battle with the activist investor. EBay, which … …

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Royal Mail releases Classic Children’s TV stamps – printweek.com

printweek.com Royal Mail releases Classic Children's TV stampsprintweek.comThe stamps feature a character from each decade since the 50s, including greats Andy Pandy, Peppa Pig and Shaun the Sheep, and are designed to commemorate the 50th anniversary of The Magic Roundabout, Bagpuss's 40th anniversary and the release … More: continued here

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Carl Icahn calls for eBay and Paypal to split up – GigaOM

Carl Icahn calls for eBay and Paypal to split upGigaOMeBay's fourth-quarter and year-end earnings report included an extra dash of drama along with the numbers: high-profile investor Carl Icahn nominated two of his employees to the company's board of directors and submitted a non-binding proposal to spin … More: continued …

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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 … …

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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

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