eBay Shares Surge as Earnings Top Forecast

NEW YORK (TheStreet) — eBay’s second-quarter results handily topped estimates, but most of this upside continues to be driven by PayPal. For the three-month period, the e-commerce company earned 48 cents per share on revenue of $2.76 billion. Analysts were calling for a profit of 46 cents per share on …

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EBay quarterly results top analyst estimates – Chicago Tribune

EBay quarterly results top analyst estimatesChicago TribuneSAN FRANCISCO (Reuters) – EBay Inc reported better-than-expected quarterly results on Wednesday as the company's main online Marketplace business showed signs of a turnaround and its PayPal unit continued to grow quickly. EBay said second-quarter net …EBay Inc. Reports Strong Second Quarter 2011 ResultsTheStreet.com …

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Post office explores possible Ohio consolidation – FOX19

Post office explores possible Ohio consolidationFOX19YOUNGSTOWN, Ohio (AP) – The struggling US Postal Service is looking at whether to combine some of its larger mail sorting centers in Ohio. The Vindicator newspaper reports the post office will study a possible transfer of its Youngstown mail processing …and more » More: continued …

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EBay 2Q profit falls on acquisition charges

EBay Inc. says its second-quarter profit fell 31 percent, as growth in its online marketplace and PayPal payment service was overshadowed by charges related to its recent acquisition of GSI Commerce. More: continued here

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