EBay CEO cites 'uncertainty' for weak 4Q outlook

LOS ANGELES (AP) — EBay said the growth rate of e-commerce in the U.S. is slowing as it delivered a weaker-than-expected profit and revenue outlook for the current quarter through December. The company's third-quarter earnings edged past analysts' expectations, but revenue rose just short of estimates. More: continued here

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EBay holiday quarter outlook disappoints on U.S. weakness

By Phil Wahba (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 fell 5.7 percent in after-hours trading. Chief Financial Officer Bob Swan …

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