New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 6, 2014
11:54 EDTGOOG, EBAYeBay slips after analyst sees slowdown following breach, Google change
Shares of eBay (EBAY) are falling after research firm Robert W. Baird, in a note to investors earlier today, wrote that the company's growth had slowed in the latter half of May and warned that it might report weaker than expected second quarter results. WHAT'S NEW: After analyzing data from eBay's Marketplace business, Baird analyst Colin Sebastian wrote that the business' growth slowed to a single digit percentage level during the last two weeks of May, down from mid-teens growth during the early portion of the month. One or more "potentially undesirable" events likely caused the decline, Sebastian believes. Specifically, eBay reported a data breach on May 21 and on May 22 SearchEngineJournal reported that the company's visibility in Google (GOOG) searches had declined due to an update made by the search giant. Additionally, eBay's sales may have declined ahead of the Memorial Day holiday weekend, the analyst believes. Sebastian trimmed his price target on the stock to $63 from $65 but kept an Outperform rating on the shares. WHAT'S NOTABLE: On May 28, research firm Cantor predicted that eBay would be able to quickly address the reported decline in its organic search traffic caused by Google's changes. The firm viewed the situation as a cause for concern for eBay, but added that the e-commerce company only receives a small portion of its overall traffic from Google. It kept a $63 price target and Buy rating on the shares. PRICE ACTION: In late morning trading, eBay fell 1.5% to $49.82.
News For EBAY;GOOG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
May 14, 2015
17:36 EDTEBAYeBay, PayPal separation remains on-track to be completed in Q3
17:35 EDTEBAYPayPal names board following separation from eBay
Subscribe for More Information
17:33 EDTEBAYeBay names board following separation from PayPal
Subscribe for More Information
14:30 EDTEBAYPayPal to trade on Nasdaq with symbol 'PYPL' after separation completed
Subscribe for More Information
12:03 EDTGOOGVringo seeks Supreme Court review of reversal of judgment against Google
Subscribe for More Information
11:01 EDTGOOGADT Corp. announces product integration with Google's Nest
ADT (ADT) announced today a product integration with Nest (GOOG). Launching this summer, the integration will be another example of ADT’s continued desire to open up its ecosystem, paving the way for future opportunities.
09:34 EDTGOOGActive equity options trading on open
Subscribe for More Information
06:09 EDTGOOGGoogle's PR chief Whetstone leaves for Uber, WSJ reports
Subscribe for More Information
May 13, 2015
15:43 EDTGOOGGoogle moves corporate applications to cloud, WSJ says
Subscribe for More Information
08:00 EDTGOOGGoogle fight with EU over 'right to forget' may end up back in court, WSJ says
Google has set up a detailed process to comply with the European Union's "right to forget" rules and removed hundreds of thousands of links in search results for people's names from the European versions of its search engine, but European regulators argue that the company is undermining the decision by not applying it globally, reported The Wall Street Journal. Google says it wants to avoid seting a precedent that one region can set global rules for the Internet and the fight may end up back in court, the report added. Reference Link
06:11 EDTGOOGBoeing ends work on only small satellite program, WSJ reports
Boeing is no longer working on a program for HySpecIQ, a private equity-backed startup, which had ordered two Boeing 502 Phoenix satellites that were expected to be launched in 2018, The Wall Street Journal reports. Boeing has ended work on the imaging spacecraft, its only small satellite order, due to the downturn in the natural resources market, the publication adds.
May 12, 2015
11:47 EDTGOOGYouTube's engineering head Panchapakesan dies, Re/code reports
Subscribe for More Information
09:14 EDTGOOGApps World to hold a conference
Subscribe for More Information
07:00 EDTGOOGPublishers contend with Facebook clout as traffic-driving power grows, WSJ says
Subscribe for More Information
06:53 EDTGOOGGoogle sees India business doubling every year, Economic Times says
Subscribe for More Information
06:07 EDTGOOGGoogle's Urmson: Self-driving cars not the cause of accidents, Medium reports
Subscribe for More Information
06:04 EDTGOOGGoogle's self-driving cars in three collisons since September, AP reports
Subscribe for More Information
May 11, 2015
19:05 EDTGOOGFacebook tests in-house search engine, WSJ says
Facebook (FB) is testing a feature within its app that allows users to search for previously-shared links, reports the Wall Street Journal's Digits blog, citing spokesperson statements. "We’re piloting a new way to add a link that’s been shared on Facebook," said a company spokesperson. The Journal notes that the feature could give Facebook an information edge over search engine leader Google (GOOG). Reference Link
11:03 EDTGOOGLionsgate, Google Play partner on 'The Mad Men Experience'
Subscribe for More Information
06:11 EDTGOOGStudy: Jet.com has lower prices than Amazon '94% of the time,' WSJ reports
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use