National Post S&P 500 Poised to Extend Biggest Drop Since 1987; EBay DeclinesBloomberg –3 hours agoEBay dropped 3.5 percent as the biggest Internet auctioneer cut its forecast, driving Amazon.com Inc. and Monster Worldwide Inc. down more than 4.3 percent. …Wall Street Sinks on Economic Worries, Recession Fears MountistockAnalyst.com (press release)US Stocks …
Read More »Transactions in Decline, eBay Cuts Its Forecast – New York Times
Transactions in Decline, eBay Cuts Its ForecastNew York Times, United States –7 minutes agoBy LAURIE J. FLYNN SAN FRANCISCO — The slowdown in consumer spending has begun to flatten the growth at eBay, the online retailer, which said on Wednesday … More: continued here
Read More »EBay earnings rise 5%, but revenue forecast is lowered (International Herald Tribune)
EBay beat muted expectations, reporting net income that rose 5 percent to $592 million, compared with the period a year ago. More: continued here
Read More »eBay Leads Plunge as Recession Fears Rise – InternetNews.com
eBay Leads Plunge as Recession Fears RiseInternetNews.com –5 hours agoeBay had no good news for investors reeling from the worst stock market plunge in 21 years. By Paul Shread: More stories by this author: eBay (NASDAQ: EBAY) … More: continued here
Read More »Post Office Dedication To Honor Fallen Soldier (Hernando Today)
BROOKSVILLE – Another Hernando County post office will soon bear the name of a serviceman killed in the war on terror. More: continued here
Read More »EBay Cuts 2008 Forecast, Sees First Quarterly Sales Decline (Bloomberg)
Oct. 16 (Bloomberg) — EBay Inc. , the world’s biggest Internet auctioneer, reduced its annual earnings forecast and projected its first quarterly sales decline as growth slows at the company’s namesake Web sites. More: continued here
Read More »Brooksville Post Office to be renamed for soldier killed in Iraq – Tampabay.com
Brooksville Post Office to be renamed for soldier killed in IraqTampabay.com, FL –5 hours agoThe Brooksville Post Office, 19101 Cortez Blvd., will be renamed the Cody Grater Post Office during a dedication ceremony from 10 to 11 am Friday. … More: continued here
Read More »The mail industry is a vital service. It must be used to its full … – guardian.co.uk
The mail industry is a vital service. It must be used to its full …guardian.co.uk, UK –4 hours agoThe Communication Workers Union fully supports Cruddas's call for "the government [to] halt the ongoing break-up of Royal Mail and its subsidiary Post … More: continued here
Read More »EBay 3Q profit beats estimates but lowers outlook on slowdown fears (USA Today)
EBay posted a third-quarter profit that beat analyst forecasts Wednesday, but issued a disappointing forecast and said it was suffering from a consumer spending slowdown that would drag on into 2009. More: continued here
Read More »EBay warns on full year revenue, shares fall (Reuters via Yahoo! News)
EBay Inc warned on Wednesday that its full-year revenues would fall below its previous forecast as the Internet company restructures to reinvigorate growth in its main online auctions business. More: continued here
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