Honeywell, EBay, ImClone among big moversThe Associated Press –3 minutes agoNASDAQ EBay Inc., down $1.05 at $17.89 The online auction site will cut about 1000 jobs or 10 percent of its work force, which should generate $150 million … More: continued here
FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, announced today the start of operations for FedEx Express Nacional, a domestic overnight service in Mexico, and the opening of the Toluca Hub Multiplex, its new center of operations for domestic shipments. More: continued here
Several Calgary Stampeders might not be in the lineup next Monday when the Saskatchewan Roughriders visit Cowtown for a Thanksgiving Day rematch. More: continued here
After a series of changes designed to draw more people to its online marketplace, eBay Inc.’s latest alteration is aimed at its own employees. The auction site operator said Monday it will cut about 1,600 jobs, 10 percent of its work force, in its largest round of dismissals ever. More: continued here
Canada.com eBay cuts jobs, buys Bill Me Later, Danish websitesAFP –4 minutes agoWASHINGTON (AFP) — Internet giant eBay Inc., which has seen sluggish growth in its online auction business, announced Monday it was cutting its global …The Real Reason eBay Is StuckForbesMake Up Your Mind, eBayMotley FoolUPDATE 4-EBay to cut jobs, sees revs at low end;…
EBay says it will cut about 1,000 employees, reducing its workforce about 10%. More: continued here
Internet giant eBay Inc., which has seen sluggish growth in its online auction business, announced Monday it was cutting its global workforce by about 10 percent. More: continued here
EBay Inc said it will cut 10 percent of its work force and spend about $1.3 billion to buy online payment and classified companies to counter a slowdown in its main web auctions business. More: continued here
The Risk for eBay Inc (EBAY)Schaeffers Research, OH –1 hour agoEarlier today I noted some news out of eBay Inc (EBAY) which Elizabeth Harrow details here. With the Dow Jones Industrial Average (DJIA) now down 800 points …Market Update: Dow Plummets 800 PointsSchaeffers ResearchWeekly Wrap-up – The Dow Jones Industrial Average Drops Nearly 500 …Schaeffers Researchall 4…
Ebay's Ax And Acquire StrategyForbes, NY –1 hour agoFor weeks, rumors have swirled around Silicon Valley that online retailer eBay was due for layoffs. The ax fell on Monday morning when eBay announced a 10% … More: continued here