EBay quarterly results top analyst estimates

SAN 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. More: continued here

Read More »

EBay Forecast Tops Estimates Amid Growth

EBay Inc. (EBAY) , the world’s largest online marketplace, forecast sales that topped analysts’ estimates, spurred by growing demand for its PayPal payment service and the company’s recent spate of acquisitions. More: continued here

Read More »

Post office named for UN award

After getting digital innovation award and short-listed for mBillionth Award South Asia 2011, Bangladesh Post Office’s electronic money transfer service (EMTS) has now been nominated for UN-based prestigious World Summit Award. More: continued here

Read More »

eBay Gets $1B Quarter From PayPal

NEW YORK (TheStreet) — eBay’s second-quarter results handily topped estimates, but most of the upside continues to be driven by PayPal. **For the three-month period, profit actually declined to $283.4 million, or 22 cents per share, but most of this drop was attributed to costs related to eBay’s acquisituion of …

Read More »

EBay Billionaire Omidyar Gives Nigerian Tech Incubator $200,000

The Omidyar Network, founded by eBay’s billionaire founder, Pierre Omidyar has awarded a $200,000 grant to fund the Co-Creation Hub, Nigeria’s first open living lab and pre-incubation space. The hub has also received a $45,000 grant from the Indigo Trust, a unit of the Sainsbury Family Charitable Trusts of the …

Read More »

EBay profit declines, as sales rise 25% – MarketWatch

EBay profit declines, as sales rise 25%MarketWatchBy John Letzing, MarketWatch SAN FRANCISCO (MarketWatch) — EBay Inc. posted lower earnings Wednesday, but the online retailer's 25% revenue increase was offset by its recent acquisition of an e-commerce and marketing firm. In addition, eBay issued a …EBay Forecast Tops Estimates as PayPal, …

Read More »

After The Bell: eBay, Intel, AmEx Earnings – Morningstar.com

After The Bell: eBay, Intel, AmEx EarningsMorningstar.comOnline retailer eBay reports quarterly earnings after the stock market closes Wednesday, with Wall Street expecting the firm to clock earnings per share of $0.46, compared with $0.31 in the year-ago …eBay's Growth to Be Driven by PayPalTheStreet.comWhisper Number Earnings Briefs: Intel, eBay, AmexSeeking …

Read More »