eBay to buy Magento

The online marketplace company, continuing its acquisition tear, said today it wants to buy Magento, developer of an e-commerce platform used by more than 60,000 merchants and brands. More: continued here

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FedEx board hikes quarterly dividend to 13 cents

SAN FRANCISCO (MarketWatch) — FedEx Corp. said late Monday its board raised the company’s quarterly dividend by a penny to 13 cents a share. The dividend will be paid July 1 to shareholders of record as of June 17. Market Pulse Stories are Rapid-fire, short news bursts on stocks and …

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EBay to buy e-commerce platform Magento

SAN FRANCISCO (MarketWatch) — EBay Inc. said Monday it will buy Magento Inc., the creator of an open source e-commerce platform of the same name. EBay already owns a minority share in the company but will own 100% of the outstanding shares when the deal is closed. Financial terms were …

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Ebay in China: neither fish nor fowl – Gerson Lehrman Group

Ebay in China: neither fish nor fowlGerson Lehrman GroupTen years ago, Ebay came to China and tried to develop its C2C business. The reason was clear and simple: “we've done great in States and other countries, we would have done the same great in China copying our international strategy and …

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Suffolk Post Office window shot out – WAVY-TV

Suffolk Post Office window shot outWAVY-TV(WAVY) – A glass window pane was shot out at the United States Post Office located in the 4800 block of Bennett's Pature Road in Suffolk Sunday, according to city spokeswoman Debbie George. Accroding to George, the window pane may have been shot out by …

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