SAN FRANCISCO (Reuters) – EBay Inc’s PayPal business has become one of the largest online payment systems, but its now heading offline, Chief Executive John Donahoe said in the wake of the e-commerce company’s quarterly results on Wednesday. More: continued here
Read More »Sochi 2014 Olympic stamps to be issued in six languages – Sports Features Communications
RadioFreeEurope/RadioLiberty Sochi 2014 Olympic stamps to be issued in six languagesSports Features CommunicationsTAMPA/SOCHI, Jul 20: The first of four stamp collections depicting the Sochi 2014 winter Games will be released into circulation in autumn of 2011 but these will be the most-multilingual in six languages: Russian, English, French, German, …Olympic …
Read More »On the Call: EBay CEO John Donahoe on mobile apps
EBay Inc. reported Wednesday that revenue from its marketplaces business, which includes eBay.com and other e-commerce sites, rose 19 percent to $1.7 billion in the second quarter. Though still small, its quickly growing mobile business helped contribute to the growth with its slate of eBay apps for smartphones and tablet …
Read More »EBay Raises Forecast After Strong 2Q Revenue Growth – Wall Street Journal
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 …
Read More »Multi-agency operation uncovers food stamp fraud – Sonoran News
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
Read More »West Virginia-JMU set for FedEx in 2012
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 …
Read More »EBay Profit Drops After Acquisition Costs Eat Into Earnings
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
Read More »Woman sells kids on eBay as joke – UPI.com
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 …
Read More »eBay’s Profits Sink; PayPal Continues Strong Growth
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 …
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