Wall Street Journal (blog) Why eBay may struggle without PayPalCBS NewsEBay (EBAY) shares are returning to earth. After shooting up more than 11 percent on Tuesday on news that the online auction company plans to spin off its PayPal unit next year, eBay's stock price was down nearly 2 percent in morning trade.The Positive Side…
Wall Street Journal (blog) The Positive Side Of Split Between eBay And PayPalForbesAfter long resisting such a move, eBay has finally decided to spin-off its payment services arm PayPal. This spin off will be completed in 2015. While there may be some negatives to consider – such as loss of synergy between eBay and Paypal,…
Telegraph.co.uk KPMG wins Royal Mail audit contract and a licence to practise lawTelegraph.co.uk"EY will continue in its current role as Royal Mail's independent auditor until the end of the 2015 AGM, during which time it will complete the audit of the 2014-15 accounts. EY will work closely with KPMG to ensure a smooth transition," said…
Telegraph.co.uk Market report: Royal Mail in favour as FTSE 100 fallsTelegraph.co.ukFloated at 330p a share last October, Royal Mail (RMG) hit a peak of 615p in January, having surged 37.9pc on its first day of trading. However, concern about growing competition in the UK parcels market has put the stock under pressure, and the postal …Royal…
The Post Office has opened a case of malicious damage to property against protesters who vandalised the Vanderbijlpark mail-sorting depot. More: continued here
The postal services group was the biggest riser in a market hit by economic, geopolitical and ebola worries More: continued here
Fortune eBay-PayPal spin-off: Why shareholders are loving itFortuneEbay shareholders like the company's recent decision to spin-off payment processor PayPal. Its shares are up by almost 8% since the news broke. Investors in other companies should take note. Recent research shows that spin-offs are better for … More: continued here
EBay Inc. (EBAY)'s separation from PayPal casts the online marketplace into an environment where the stakes are much higher as Amazon.com Inc. and Alibaba Group Holding Ltd. battle for global supremacy. Devin Wenig, 47, will continue to lead EBay's marketplace business as chief executive officer after the split, inheriting an operation with roots stretching back…
We take a closer look at the two transportation giants UPS and FDX from an investment perspective. More: continued here
How to Invest in eBay as PayPal Spinoff NearsBarron’sThe risk to selling puts on eBay is that the stock could follow the broad market lower (as it's doing today). What's more, Carl Icahn and other activist investors could pressure the stock if they decide not to wait for the separation before selling … More: continued…