SunTrust Lowers Price Target For eBay

SunTrust commented on eBay Inc  (NASDAQ: EBAY ) Thursday after it beat 3Q expectations but offered a disappointing outlook . Analyst Robert S. Peck maintained a Neutral rating and reduced the price target … More: continued here

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PayPal spinoff seen critical for eBay amid e-commerce weakness

By Abhirup Roy (Reuters) – A recovery in eBay Inc's core e-commerce business will take longer than expected and any gains for investors would have to come from the separation of its PayPal unit, analysts said, a day after the company trimmed its full-year revenue forecast. The stock fell as …

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Post Office exchange rates app launched – Telegraph.co.uk

Telegraph.co.uk Post Office exchange rates app launchedTelegraph.co.ukThe latest Post Office Holiday Money Index report showed that, after a brief fall during the Scottish Referendum, sterling has now returned as one of Post Office Travel Money's leading currencies. Read more. European city breaks good value for haf term More: continued here

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EBay 3Q profit tops estimates, but sales miss – USA TODAY

USA TODAY EBay 3Q profit tops estimates, but sales missUSA TODAYSAN JOSE, Calif. (AP) — EBay (EBAY) on Wednesday reported better-than-expected earnings for the third quarter but cut its sales forecast for the year. Shares dropped 0.9% in after-hours trading. The company's PayPal business had another strong quarter. More: continued …

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EBay’s outlook signals slow holiday season – Fortune

EBay's outlook signals slow holiday seasonFortuneEBay Inc trimmed its full-year revenue forecast on Wednesday, signaling a weaker-than-expected holiday shopping season for the e-commerce company as it prepares to split from its fast-growing payments arm, PayPal. EBay's report comes as weak … More: continued here

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