Ebay is battening down the hatches for a tough winterQuartzThe numbers: OK. The online auction and payments giant increased revenue by 14% to $3.9 billion. Earnings came in at $0.64 per share, just ahead of Wall Street expectations of $0.63. Yet shares have sunk by nearly 4% in after-market trading, …
Read More »Biz Break: eBay, Sandisk continue to grow – San Jose Mercury News
Biz Break: eBay, Sandisk continue to growSan Jose Mercury NewsSan Jose e-commerce giant eBay announced profits of $689 million, or 53 cents a share, on revenues of $3.9 billion, which reflect year-over-year increases of 16 percent and 14 percent, respectively. CEO John Donahue championed the company's mobile … More: continued here
Read More »EBay Expects Softer Holidays; Q4 Sales, Earnings Outlook Lag
Inside Real Estate/Staff, New Issue America/New Issue Pipeline, Industry Snapshot/Default, New Issue America/Default, Making Money/Investor's Corner, Front Page News/Feature Story, Front Page News/General … More: continued here
Read More »Workers at newly privatized Royal Mail to strike November 4 – Reuters
BBC News Workers at newly privatized Royal Mail to strike November 4ReutersThe management of Royal Mail, which listed on the London stock market in a high profile float last week, had expected a vote in favor of strike action and criticized the prospect of a disruption to services in the …
Read More »eBay third-quarter earnings beat estimates, but forecast weak
The bright spot during the third quarter was mobile, reaffirming once again CEO John Donahoe's big bet on the medium. Still, eBay shares dropped. Originally posted at News – Internet & Media More: continued here
Read More »Anxiety as stimulus hike in food stamps ending – KSDK
KSDK Anxiety as stimulus hike in food stamps endingKSDKCONCORD, N.H. (AP) – A temporary increase in food stamps expires Oct. 31, meaning for millions of Americans, the benefits that help put food on the table won't stretch as far as they have for the past four years. Food stamps — …
Read More »Berkeley: Lawyers debate post office preservation
At issue was the United States Postal Service assessment that as long as the historic downtown building is protected by certain covenants — including protection of the mural in the lobby and restrictions on altering the building's historic features — that no adverse effects would result from the sale. More: …
Read More »EBay holiday quarter outlook disappoints on US weakness – Reuters
MarketWatch EBay holiday quarter outlook disappoints on US weaknessReuters(Reuters) – EBay Inc on Wednesday gave a disappointing holiday forecast, saying the U.S. economic environment, including consumer confidence, had deteriorated in part because of the shutdown of the U.S. government. Shares of the e-commerce company …Shutdown fight makes eBay cautious on holiday …
Read More »Royal Mail strike: What will the impact be? – BBC News
BBC News Royal Mail strike: What will the impact be?BBC NewsA nationwide strike of Royal Mail workers is to go ahead, says the Communication Workers Union, after its members voted four-to-one in favour of industrial action. The last time strikes by postal workers were seen in the UK was in …
Read More »EBay profit rises as PayPal grows, but holiday outlook disappoints
EBay Inc reported a higher quarterly profit on Wednesday as consumers made greater use of its PayPal service, but the e-commerce company gave a disappointing holiday quarter forecast, sending shares down … More: continued here
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