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Market Wrap For February 24: Markets Showing Strength To Start The Week
Monday, February 24, 2014 - 5:46pm | 3826U.S. stocks rose as investors as the S&P 500 traded at new historical highs and clearing its 2014 losses. Investors shrugged off disappointing earning reports and economic data and chose to focus on several prominent merger and acquisition activities. The S&P 500 hit a new intra-day...
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eBay CEO John Donahoe Wants To Keep PayPal In The Family
Thursday, January 23, 2014 - 1:26pm | 374John Donahoe, president and CEO of eBay (NASDAQ: EBAY), went over the value of the synergies between eBay and PayPal in response to activist investor Carl Icahn's suggestion to have the latter separate from its parent company with claims that it'll accelerate PayPal's growth, on CNBC's Squawk on...
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eBay Drops After Earnings Beat, Weak Guidance (EBAY)
Wednesday, October 16, 2013 - 4:43pm | 341eBay (NASDAQ: EBAY) came out on top this afternoon, reporting a third-quarter EPS of $0.64 versus the Street estimate of $0.63. Revenue came in at $3.9 billion versus the Street estimate of $3.9 billion. Despite the beat on earnings per share (which were up 16 percent from the year-ago period)...
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CEO John Donahoe Defends eBay's Fee Increases (EBAY)
Thursday, July 18, 2013 - 3:36pm | 575In March, eBay (NASDAQ: EBAY) announced that it would overhaul its fees to become more competitive with Amazon (NASDAQ: AMZN). At the time, eBay promised that the fee overhaul would lower the expenses for many sellers. Shortly after the announcement, Piper Jaffray analyst Gene Munster said that...
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eBay Shares Drop On Q2 Miss, Weak Guidance (EBAY)
Wednesday, July 17, 2013 - 4:35pm | 526Shares of eBay (NASDAQ: EBAY) fell in after-market trading as the company reported worse than expected second quarter results. Also, guidance for the third quarter was below analyst forecasts and shares fell sharply. Second Quarter Highlights For the second quarter of 2013, eBay reported earnings...
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These Are the 100 Highest-Paid CEOs in Business Today
Monday, April 8, 2013 - 4:30pm | 2706The New York Times has published a list of the 100 highest-paid CEOS at U.S. public companies in 2012. Oracle (NASDAQ: ORCL) chief executive Larry Ellison is far and away the highest paid CEO on the list, as his $96.2 million in 2012 compensation dwarfs every other member on the list. The top ten...
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eBay CEO on CNBC: Consumers Appreciate eBay and PayPal Synergies
Wednesday, February 13, 2013 - 8:29am | 165eBay (NASDAQ: EBAY) CEO John Donahoe spoke with CNBC's Scott Wapner at the Goldman Sachs Technology Conference after the market close on Tuesday. He spoke about trends in mobile driving his business. He said that the success of the eBay app has helped drive growth at the company's PayPal division...
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eBay CEO Says No One Will Hold a Monopoly on Mobile Payments
Tuesday, February 12, 2013 - 7:48pm | 222In an interview with CNBC this afternoon, eBay (NASDAQ: EBAY) CEO John Donahoe told the network that he does not believe that any one firm will hold a monopoly on mobile payments. "Innovation always keeps me up at night," he said, adding that there had not been much innovation in the payment...
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Apple iPhone 5 "Too Cool" for Near Field Communication
Friday, September 14, 2012 - 10:21am | 520Sticking with the tradition of disappointing the masses with the new iPhone, Apple (NASDAQ: AAPL) has reportedly skipped the option of adhering to modern mobile payment standards, according to Reuters. NFC (Near Field Communication technology) is the chip that has been left out of the new iPhone's...
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Ebay's CEO John Donahoe Appears on CNBC, Talks X.Commerce and Europe
Monday, February 27, 2012 - 10:35am | 285Ebay's (NASDAQ: EBAY) CEO John Donahoe appeared on CNBC this morning and talked about the prospects for his company. He stated that Ebay, via Paypal, planned to appear in 10-15 retailers this year, more next year, and then the company planned to go global the following year. When asked by CNBC's...
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eBay Earnings Preview: Double-Digit Revenue Growth Expected
Tuesday, January 17, 2012 - 7:33am | 696eBay (NASDAQ: EBAY) is scheduled to report fourth-quarter 2011 results tomorrow, January 18, after the markets close. CEO John Donahoe said at the Consumer Electronics Show that mobile commerce is expected to be surge this year, with PayPal payments increasing as much as 75%. Investors could use...
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eBay Reports Better Than Expected Earnings (EBAY)
Wednesday, April 27, 2011 - 4:19pm | 150eBay (NASDAQ: EBAY) just came out with first quarter earnings, and it beat Wall Street expectations on the top and bottom lines. The San Jose-based company reported earnings of 47 cents per share on $2.54 billion in revenues. Wall Street had been expecting 46 cents per share on revenues of $2.47...
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eBay's President of Marketplaces Steps Down
Wednesday, September 22, 2010 - 8:17am | 234eBay, Inc. (NASDAQ: EBAY) has announced that its eBay Marketplaces president, Lorrie Norrington, is leaving her position for personal reasons, while CEO John Donahoe oversees while eBay searches externally for a replacement, Goldman Sachs reports. Goldman writes "(1) eBay's guidance called for 3Q...
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Eric Schmidt And Zuckerberg Head Off To A Private Rendezvous
Wednesday, July 7, 2010 - 7:13am | 217According to an article on the Wall Street Journal, Chief Executive Eric Schmidt of Google Inc (NASDAQ: GOOG) and Facebook chief Mark Zuckerberg went off together in Schmidt’s car in a private rendezvous, after they retired from the Allen and Company conference for the day. Both the CEOs have lot...
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Ebay (EBAY) Fails To Meet Expectations
Wednesday, April 21, 2010 - 4:56pm | 148Shares of Ebay (EBAY) are down over 7% in after hours trading. Earnings were solid rising 11% during the previous quarter. Ebay tempered investor enthusiasm by lowering its full year earnings outlook. Analysts were expecting revenue of $2.2 for the current quarter. Ebay dropped guidance to as low...