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 …
Read More »eBay's CEO Discusses Q3 2013 Results – Earnings Call Transcript
eBay Inc (EBAY) Q3 2013 Earnings Conference Call October 16, 2013 5:00 PM ET Executives Tom Hudson – Vice President, Investor Relations John Donahoe – President, Chief Executive Officer, Director Bob Swan … More: continued here
Read More »Snowden Journalist’s New Venture to Be Bankrolled by eBay Founder – New York Times
NPR (blog) Snowden Journalist's New Venture to Be Bankrolled by eBay FounderNew York TimesFor years, the tech billionaire Pierre M. Omidyar has been experimenting with ways to promote serious journalism, searching for the proper media platform to support with the fortune he earned as the founder of eBay. He has …
Read More »Berkeley: Lawyers debate post office preservation – Inside Bay Area
Berkeley: Lawyers debate post office preservationInside Bay AreaBERKELEY — Lawyers took center stage at the Tuesday City Council discussion of the fight by the city and residents to save the historic downtown post office, which the Postal Service has formally put up for sale. At issue was the United States …
Read More »Great Portland set for £100m profit at former Royal Mail site – Financial Times
Great Portland set for £100m profit at former Royal Mail siteFinancial TimesGreat Portland Estates is set to make a £100m profit by developing a former Royal Mail site in central London, in a move that raises further questions about valuations put on the privatised postal service's assets. Westminster Council on …
Read More »UK Postal Union Votes to Strike at Royal Mail – ABC News
UK Postal Union Votes to Strike at Royal MailABC NewsPostal workers in Britain have voted overwhelmingly in favor of going on strike over issues linked to the privatizing of Royal Mail. The Communication Workers Union said Wednesday that 78 percent of its members who voted in a strike ballot backed …
Read More »Royal Mail Staff Vote in Favor of Strike Action Over IPO – Bloomberg
Royal Mail Staff Vote in Favor of Strike Action Over IPOBloombergRoyal Mail Group Ltd. workers voted for strike action less than a week after the U.K. postal service's 1.7 billion pound ($2.72 billion) initial public offering, which unions say will put jobs at risk. Some 78 percent of respondents backed …
Read More »Ebay is battening down the hatches for a tough winter – Quartz
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
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