eBay reported healthy but diminished profits and a 25 percent jump in revenue for the company’s second quarter. The company’s PayPal or Payments business also continued to make up a larger chunk of the business. More: continued here
Read More »US HOT STOCKS: Intel, EBay, Qualcomm Active In Late Trading – Wall Street Journal
Reuters US HOT STOCKS: Intel, EBay, Qualcomm Active In Late TradingWall Street JournalEBay's second-quarter earnings fell 31% because of acquisition charges, but the e-commerce operator's adjusted profit and revenue rose more than forecast. Shares were down 1.4% at $32.70 after hours. Through the close, the stock has risen 19% since …
Read More »EBay profit drops after costs eat into earnings – San Francisco Chronicle
EBay profit drops after costs eat into earningsSan Francisco ChronicleDespite eBay's reported increase in revenue, the costs of acquisitions led to a drop in profit. EBay Inc., the world's largest online marketplace, reported a drop in second-quarter net income and forecast lower-than-anticipated earnings, … More: continued here
Read More »Prior Lake man indicted for producing phony postage stamps – Shakopee Valley News
Prior Lake man indicted for producing phony postage stampsShakopee Valley NewsA 31-year-old Prior Lake man has been indicted for manufacturing phony postage stamps that he copied and reproduced online. Andre George Mehilove (also known as Andre George Solanikov and Andrejs Solanikovs) produced the stamps on his computer from …Minn. man …
Read More »EBay profit falls on acquisition charges
SAN FRANCISCO — EBay Inc.’s second-quarter results beat analyst expectations Tuesday with growth in its PayPal online payment service and marketplace business — although profit fell 31 percent on charges from its recent purchase of e-commerce retail site operator GSI Commerce. More: continued here
Read More »RiverKings, FedEx employees join for Operation Feed tournament
On June 16, the Mississippi RiverKings joined FedEx employees for the Operation Feed golf tournament. The event was hosted by FedEx and its Customer Experience Network and Express Business Solutions Department, and took place at Memphis National Golf Club in Collierville, where RiverKings staff and players joined other companies and …
Read More »Nearly 900 Ideas From 83 Countries Vie for eBay Social Innovation Funding in … – EON: Enhanced Online News (press release)
Nearly 900 Ideas From 83 Countries Vie for eBay Social Innovation Funding in …EON: Enhanced Online News (press release)(EON: Enhanced Online News)–Public voting begins today at Changemakers.com to select the ten finalists in the Powering Economic Opportunity: Create a World That Works competition, co-hosted by eBay Foundation and Ashoka's Changemakers. …
Read More »EBay profit falls on charges, results beat Street
EBay Inc.’s PayPal online payment service and marketplaces business grew swiftly during the second quarter, helping its results beat analyst expectations, although charges from its recent purchase of retail website operator GSI Commerce cut its profit. More: continued here
Read More »Post office closing list coming Tuesday
Newsflash: On Tuesday, U.S. Postmaster General Patrick Donahoe will release a list of post offices to be studied for closing, as well as announce “a new concept” for possibly replacing P.O.’s that close, according to a news release. The morning news conference will come less than two weeks after the …
Read More »Earnings Watch For July 20 (EBAY, INTC, QCOM, UTX, CA, ETFC, XLNX, HST, STJ) – RTT News
Earnings Watch For July 20 (EBAY, INTC, QCOM, UTX, CA, ETFC, XLNX, HST, STJ)RTT News(RTTNews) – Online auctioneer eBay Inc. (EBAY: News ) is scheduled to report results for the second quarter. The company is expected to report earnings of $0.46 per share compared to $0.40 per share last year, …
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