Re/code eBay's Same-Day Delivery Experiment Is Essentially DeadRe/codeEBay won't say it outright, so I'll say it for the company: Its same-day delivery experiment is pretty much dead. On yesterday's earnings call with analysts, eBay's CEO John Donahoe was asked for an update on the eBay Now service, which lets shoppers … More: continued here
eBay is still feeling the effects of a damaging cyber-attackQuartzThe numbers: eBay posted earnings of $673 million (or $0.54 per share) on revenue of $4.4 billion, which was up 12% from a year ago. But for the second straight quarter, the online auction site was forced to cut its revenue forecast. It continues to ……
Game Informer Classic Game Characters Grace Irish Post With New StampsGame InformerThis morning, Irish postal service An Post unveiled a new line of licensed stamps featuring classic game characters. The four stamps take letters, packages, and parcels back to gaming's early days, featuring Sonic the Hedgehog, Mario, Pac Man, and …New Range of Irish Stamps…
This morning, Irish postal service An Post unveiled a new line of licensed stamps featuring classic game characters. The four stamps take letters, packages, and parcels back to gaming’s early days, featuring Sonic the Hedgehog, Mario, Pac Man, and Space Invaders. According to An Post, the themed stamps are meant to reflect the “iconic status…
Credit Suisse Reiterates "Underperform" Rating for Royal Mail PLC (RMG)Watch List News (press release)Royal Mail PLC logo Royal Mail PLC (LON:RMG)'s stock had its “underperform” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Wednesday. They currently have a GBX 360 ($5.79) price objective on the stock. Credit …Berenberg Bank…
Reuters PayPal spinoff seen critical for eBay amid e-commerce weaknessReuters(Reuters) – A recovery in eBay Inc's (EBAY.O) 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 … More: continued here
Credit Suisse Reiterates “Underperform” Rating for Royal Mail PLC (RMG)Watch List News (press release)Royal Mail PLC logo Royal Mail PLC (LON:RMG)'s stock had its “underperform” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Wednesday. They currently have a GBX 360 ($5.79) price objective on the stock.Berenberg Bank Reiterates…
New York Times Growth Dip in Auctions Cuts Results for eBayNew York TimesEBay faces challengers in its payments business. It is dealing with fallout from a security breach. And now, its lucrative online auction business isn't showing the luster it once held. All those pressures were apparent in the company's earnings report …EBay's PayPal Keeps…
Royal Mail Chiefs Deliver Plea For ReformsSky NewsSince listing on the stock market as part of its contentious £3.3bn privatisation a year ago, Ms Greene has consistently complained that rival TNT Post's UK expansion plans could cost Royal Mail£200m in lost revenue by 2017, threatening the USO. Ofcom …and more » More: continued here
NEW YORK (TheStreet) — Shares of eBay Inc. are down 6.11% to $47.17 in early morning trading Thursday after the company's estimates were reduced at Barclays, and its rating downgraded to "sector perform" from "outperform" at RBC Capital. Barclays reiterated its "equal weight" rating for the online market place and said it lowered estimates given…