EBay 3Q profit tops estimates, but sales miss

EBay Inc. on Wednesday reported better-than-expected earnings for the third quarter as its PayPal payment unit continued to have strong growth. But revenue missed expectations and the company cut its sales … More: continued here

Read More »

FedEx, Home Depot, GE, H-P To Headline Forbes CIO Summit

The relaunched Forbes CIO Summit is only a few weeks away and we couldn’t be more excited. Yes, there are a ton of CIO conferences, but none are as focused as this one on redefining the role of technology leadership. Best part: there are still seats left. So if you’re …

Read More »

eBay’s Q3 Earnings Report: Expectations – Bidness ETC

eBay's Q3 Earnings Report: ExpectationsBidness ETCeBay Inc (EBAY) will report earnings result for third quarter of fiscal'14 (3QFY14) today at 5:00 pm EDT. According to analysts' estimates, the company is expected to report adjusted earnings per share of 66.8 cents, up 4.4% year-over-year (YoY). More: continued here

Read More »

Stronger U.S. dollar, weak marketplaces growth hurt eBay's outlook

SAN FRANCISCO (Reuters) – EBay Inc lowered its 2014 revenue outlook in response to a stronger U.S. dollar and slower-than-expected growth in the e-commerce company's marketplaces division, executives said on Wednesday while discussing eBay's third-quarter results. Those two factors forced eBay to lop off about $300 million or 7 cents …

Read More »

EBay, Wal-Mart warnings stir holiday sales concerns

EBay Inc (EBAY.O) on Wednesday joined Wal-Mart Stores Inc (WMT.N) in cutting its outlook for the all-important holiday season, suggesting that the fourth quarter may turn out to be weaker than some analysts predicted as recently as last week. EBay and Wal-Mart blamed divergent factors such as food stamp reductions and …

Read More »

EBay, Wal-Mart warnings stir holiday sales concerns – Reuters

Reuters EBay, Wal-Mart warnings stir holiday sales concernsReutersSAN FRANCISCO (Reuters) – EBay Inc (EBAY.O) on Wednesday joined Wal-Mart Stores Inc (WMT.N) in cutting its outlook for the all-important holiday season, suggesting that the fourth quarter may turn out to be weaker than some analysts predicted as …Wal-Mart cuts sales-growth outlook, slows …

Read More »