Microsoft and eBay pull down Nasdaq, following their announcements of disappointing earnings. Both bellwethers are among most actively traded Thursday. More: continued here
Read More »Profit and revenue fall at eBay (BBC News)
Revenue and profit fall at auction website eBay as it struggles to cope with the economic downturn. More: continued here
Read More »EBay forecast disappoints Wall St view; shares drop (Reuters via Yahoo! News)
EBay Inc posted lower fourth-quarter profit and revenue on Wednesday, and gave a weaker-than-expected forecast for the current quarter, sending its shares down nearly 6 percent. More: continued here
Read More »Ahead of the Bell: Analysts cut eBay price target (AP via Yahoo! Finance)
EBay Inc. will likely face continued pressure near term as it contends with a maturing auction business in the midst of a recession, an analyst said Thursday as he cut the company’s price target. More: continued here
Read More »Pay freezes hit workers — White House not spared (AP via Yahoo! News)
What do Tropicana Casino and Resort, Avis, Yahoo and the White House now have in common? More: continued here
Read More »Villagers open new shop and post office (North Devon Gazette & Advertiser)
A COMMUNITY project by the people of St. Giles-on-the-Heath has seen the opening of a new village shop and outreach post office. At its official opening ceremony, district councillor Marion Perkin presented them with a £1,000 donation as part of the Torridge Councillor Grant Scheme. More: continued here
Read More »Lenovo W700ds comes to Mobile Tech Manor (Salon.com)
The surprise must have been etched on my face when the FedEx guy dropped off a big box at Mobile Tech Manor this morning. I wasn’t expecting anything and usually the boxes Ralph delivers are small and light, but this box was very big and I struggled to get it …
Read More »EBay posts first-ever drop in quarterly sales (Los Angeles Times)
The auction giant’s profit slides 7% from the year-earlier period. In another sign that the retail downturn is spreading beyond the malls to the Internet, auction giant EBay Inc. on Wednesday reported lower fourth-quarter earnings and its first-ever drop in quarterly sales. More: continued here
Read More »Nokia, Microsoft, eBay Decline – Wall Street Journal
Nokia, Microsoft, eBay DeclineWall Street Journal –3 hours agoA batch of weak earnings reports took a toll on stocks Thursday, with Nokia, Microsoft and eBay among the decliners. Nokia, the world's largest mobile-phone …Apple, eBay Stock In FocusForbesOpening View: Apple Is Not Enough, Stocks Led Lower by eBay and NokiaSchaeffers ResearchHousing, …
Read More »Royal Mail make profit for the first time in 20yrs (Daily Record)
ROYAL MAIL chiefs yesterday announced they’d made made a profit of £255million. More: continued here
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