SLOWING REVENUE SINKS EBAY (New York Post)

EBay Inc. beat analysts’ profits expectations Wednesday, but it wasn’t enough to save the largest Internet auctioneer from taking a beating yesterday. Shares of eBay fell the most in more than three years in Nasdaq trading after reporting the… More: continued here

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eBay Stock Falters on Glum Outlook (E-Commerce Times)

eBay turned in more than respectable earnings for its second quarter: a 22 percent rise in profits for a net income of $460 million, or 43 cents a share. Yet the online auctioneer’s stock value dropped following the news, in part because of its disappointing guidance for the third quarter. …

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Stocks rally for 2nd straight day – CNNMoney.com

Boston Globe Stocks rally for 2nd straight dayCNNMoney.com –9 hours agoThe tech-heavyNasdaq composite (COMP) also gained 1.2% despite a downgrade of Internet auctioneer eBay. Stocks roared immediately after the market open, …Wall Street pauses after big rally as bank sector recoversEconomic TimesCNNMoney.com- Huge rebound for Wall StreetKVEWStocks sharply higher on falling …

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