BBC News EBay Raises Forecast After Strong 2Q Revenue GrowthWall Street JournalSAN FRANCISCO -(Dow Jones)- EBay Inc. (EBAY) posted a 25% jump in second-quarter revenue and raised its full-year forecast, as the online market's payments and sales businesses demonstrated strong growth. …EBay Forecast Tops Estimates as PayPal, Acquisitions Fuel Website's GrowthBloombergEBay 2Q profit falls on…
Multi-agency operation uncovers food stamp fraudSonoran NewsPHOENIX – State, federal and local officials announced a significant series of indictments and search warrants against individuals and retailers involved in defrauding the federal food stamp program. It is believed that the scam defrauded the food … More: continued here
Kevin Dunleavy College teams turning to NFL stadiums to increase revenues With more than 80,000 and 70,000 seats respectively, FedEx Field in Landover and M&T Bank Stadium in Baltimore are becoming increasingly popular venues for college football teams willing to give up a home game for the promise of heftier gate receipts. The latest to…
EBay Inc., the world’s largest online marketplace, reported a drop in second-quarter net income and forecast lower-than-anticipated earnings, a sign its acquisition spree is weighing on profits and margins. More: continued here
stv.tv Woman sells kids on eBay as jokeUPI.comGEELONG, Australia, July 18 (UPI) — A Geelong, Australia, woman could lose custody of her children after she tried to sell them on eBay, official say. The woman, who is in her 30s, put photos of her son and daughter, both under 10 years old, …Mum puts kids…
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
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 the …Intel, eBay shares fall…
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
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 accused of making fake postage…
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