eBay says Q2 profit won’t meet expectations, shares drop – BNN

BNN eBay says Q2 profit won't meet expectations, shares dropBNNeBay Inc. (EBAY.O) on Wednesday forecast second-quarter profit that fell short of analysts' estimates, as it spends heavily on revamping and marketing its e-commerce platform amid stiff competition from much larger rival Amazon.com Inc. Shares of the …and more » More: continued here

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