New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For EBAY;INTU From The Last 14 Days
Check below for free stories on EBAY;INTU the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | all recent news | >>
September 19, 2014
10:59 EDTEBAYSamsung working with PayPal for mobile payments on smartwatch, Gigaom says
Subscribe for More Information
September 18, 2014
08:47 EDTEBAYeBay October volatility elevated into Alibaba IPO
eBay September call option implied volatility is at 33, October is at 31, November is at 27, January is at 27; compared to its 26-week average of 26 according to Track Data, suggesting large near term price movement into the expected IPO of Alibaba (BABA) on September 19.
September 17, 2014
13:57 EDTEBAYiPhone code compromises users, reroutes to fake eBay site, BBC says
Subscribe for More Information
09:18 EDTEBAYHouse Energy & Commerce Committee to hold a hearing
Subscribe for More Information
September 16, 2014
06:42 EDTEBAYPayPal running ads against Apple Pay, Business Insider reports
Subscribe for More Information
September 15, 2014
16:31 EDTINTUIntuit initiated with an Outperform at RBC Capital
Subscribe for More Information
10:04 EDTEBAYeBay Enterprise announces eBay Enterprise Commerce Marketing Platform
eBay Enterprise (EBAY) announced the eBay Enterprise Commerce Marketing Platform, a new omnichannel engagement suite that will enable marketers to drive and optimize one-to-one commerce at scale. Designed and built from the ground up, in strategic partnership with FICO (FICO), the platform combines the unmatched commerce insights, demand generation delivery technologies and intellectual property of eBay Enterprise with FICO’s powerful analytics technologies and products to optimize the relevance and value of each individual customer’s purchasing journey.
06:44 EDTEBAYeBay risks from Apple likely overstated, says Citigroup
Subscribe for More Information
06:02 EDTEBAYStocks with implied volatility movement; EBAY SPLS
Stocks with implied volatility movement; eBay (EBAY) 29, Staples (SPLS) 31 according to iVolatility.
05:53 EDTEBAYGoogle unlikely to buy stake in eBay, says Piper Jaffray
Piper Jaffray analyst Gene Munster says press reports that Google (GOOG) is in talks to purchase a stake in eBay (EBAY) are "largely unsubstantiated" and that the tech giant is unlikely to purchase part of the online marketplace. Munster notes that Google has only a limited history in taking stakes in public companies. He believes Google's general philosophy emphasizes full ownership in key assets as opposed to taking stakes in companies. Munster thinks a more attractive deal could be Google making a full acquisition of eBay's PayPal unit. He notes, however, that eBay has resisted activist investors who have proposed spinning off PayPal. Munster keeps a Neutral rating on eBay shares with a $55 price target. Shares of eBay rallied $1.51 to $52.19 on Friday amid speculation that Google was in talks to take a stake in the company.
September 12, 2014
16:44 EDTEBAYMarket ends week lower as investors fret over Fed statement
Subscribe for More Information
16:20 EDTEBAYOn The Fly: Closing Wrap
Subscribe for More Information
12:51 EDTEBAYOn The Fly: Midday Wrap
Stocks on Wall Street opened in negative territory and have remained there throughout the morning. The day’s economic data, including retail sales figures, a report on import prices, and business inventories data, were generally in line with expectations. The economic bright spot was the University of Michigan consumer confidence report which came in higher than expected. The market is on the verge of ending the week lower, which would be its first weekly loss in the last seven. ECONOMIC EVENTS: In the U.S., sales at retailers climbed 0.6% in August, matching expectations but also representing the fastest pace in four months. Retail sales growth for July was also revised upward to 0.3% from a prior estimate of having been flat. Import prices dropped 0.9% in August, while export prices slipped 0.5%. The University of Michigan preliminary consumer sentiment reading for for September rose to 84.6, beating expectations for it to be up more modestly to 83.3. Business inventories grew 0.4% in July, as expected. COMPANY NEWS: Shares of eBay (EBAY) were up more than 2% near noon after rumors circulated that Google (GOOG) may look to take a stake in the company. However, an eBay spokesperson denied the speculation, telling Reuters that the company has held "no conversations" with Google about acquiring a stake. MAJOR MOVERS: Among the notable gainers was digital marketing services company Conversant (CNVR), which soared 30% after Alliance Data Systems (ADS) agreed to acquire it for about $2.3B in cash and stock. Following last night's announcement of the deal, some Conversant peers rose as well, as Criteo (CRTO) gained almost 5% and TubeMogul (TUBE) rose 1%, while Alliance Data gained over 2%. Among the noteworthy losers was Amarin (AMRN), which dropped 22% after an office within the FDA denied the company's appeal of FDA's rescission of the ANCHOR clinical trial Special Protocol Assessment agreement. Also lower were shares of Ruckus Wireless (RKUS), which fell 5% after one analyst downgraded the shares and another initiated coverage of the stock with an Underweight rating. INDEXES: Near midday, the Dow was down 66.43, or 0.39%, to 16,982.57, the Nasdaq was down 19.83, or 0.43%, to 4,571.97, and the S&P 500 was down 10.28, or 0.51%, to 1,987.17.
11:56 EDTEBAYStocks with call strike movement; EWZ EBAY
Subscribe for More Information
11:52 EDTEBAYeBay has had 'no conversations' about Google taking stake, Reuters says
eBay (EBAY) spokesman Alan Marks says the company has held "no conversations" with Google (GOOG) about acquiring a stake in the company, Reuters reports. Rumors had been swirling that Google could look to take a significant stake in eBay. Reference Link
11:43 EDTEBAYeBay off highs are denying talks with Google over stake
Shares of eBay (EBAY) are off their highs after the company told Reuters that it has had no conversations with Google (GOOG) over a possible stake. The stock remains up 82c to $51.50. The rally in eBay earlier was attributed to speculation that Google was in talks to acquire a stake in the company.
11:41 EDTEBAYeBay says had no conversations with Google about stake, Reuters reports
11:33 EDTEBAYeBay says company does not comment on speculation, Reuters reports
Subscribe for More Information
11:32 EDTEBAYeBay rebounds on Google investment rumors, levels to watch
The shares spiked higher earlier on unconfirmed rumors that Google (GOOG) might make an investment in the company. Shares have declined sharply this week on Apple's entry into mobile payments, and these rumors may be attempts to catch short-sellers into the weekend. Friday rumors of this type are not exceptional. At the current price of $52.52, next resistance is at $53.07, the session high. Support is at $51.71.
10:44 EDTEBAYeBay rises amid rumors of investment by Google
Subscribe for More Information
10:28 EDTEBAYeBay call active attributed to renewed takeover speculation
eBay September weekly 50 and 51 calls are active on total call volume of 30K (5K puts) on renewed takeover speculation. September call option implied volatility is at 31, October is at 30, November is at 25; compared to its 26-week average of 24 according to Track Data. Active call volume suggests traders taking positions for upside price movement.
10:14 EDTEBAYRumor: eBay strength attributed to renewed takeover speculation
Subscribe for More Information
06:13 EDTEBAYeBay to launch new mobile ad network
Subscribe for More Information
September 11, 2014
11:46 EDTEBAYeBay says CTO Carges resigns to focus on family matter
Subscribe for More Information
06:56 EDTEBAYeBay to see limited near-term impact from Apple service, says Cantor
Cantor believes that Apple's (AAPL) new mobile payment service will have a limited impact on eBay's (EBAY) PayPal in the near to medium term. Among the reasons cited by the firm for its view are Apple's limited market share and its assertion that Street estimates for eBay do not include any contribution from PayPal POS revenue. The firm keeps a $63 price target and Buy rating on eBay.
September 10, 2014
13:03 EDTEBAYOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday, with the Nasdaq comfortably the leader among the major averages. The market opened relatively quietly as investors digested the bevy of research reports surrounding apple (AAPL) and the companies effected by its new products and services announced yesterday. The averages crossed into negative ground early in trading, made it back to positive territory just before the lunch hour, and now are all in the black. ECONOMIC EVENTS: In the U.S., wholesale inventories rose 0.1% in July, which was below expectations for an increase of 0.5%. Wholesale sales rose 0.7%, which was above the 0.6% increase that was forecast. COMPANY NEWS: The strength in the Nasdaq was largely attributable to Apple, which rose about 2.5% the day after unveiling two new, larger iPhone 6 models, the Apple Watch and a new payment system, named Apple Pay... Dollar General (DG) "went hostile" in its pursuit of peer Family Dollar (FDO), commencing a tender offer to acquire all of the company's outstanding shares for $80.00 per share in cash. Family Dollar confirmed the unsolicited offer, noting that the terms are the same as those in the previously rejected proposal made by Dollar General on September 2. Family Dollar said its board will review and consider Dollar General’s tender offer, but added that the board has not changed its recommendation in support of the company's merger with Dollar Tree (DLTR). MAJOR MOVERS: Among the notable gainers was NPS Pharmaceuticals (NPSP), which rose 21% after several analysts said FDA briefing documents for an advisory panel meeting on its Natpara drug were more favorable than expected. Also higher was clothing and accessories retailer Land's End (LE), which gained nearly 17% after the company's second quarter results beat the estimate of the only analyst that covers it. Among the noteworthy losers was eBay (EBAY), which fell for a second straight day after Apple announced its new mobile payment system, Apple Pay, that could come in direct competition with eBay's PayPal service. Shares of PayPal's parent were downgraded to Neutral this morning at Piper Jaffray and fell 3% near noon. Also lower following yesterday's presentation by Apple was partner GT Advanced (GTAT), which was downgraded at Goldman, Piper Jaffray and Dougherty and dropped more than 14% after it was revealed that sapphire will be used in the display cover of Apple Watch but not the iPhone 6. INDEXES: Near midday, the Dow was up 16.02, or 0.09%, to 17,029.89, the Nasdaq was up 21.10, or 0.46%, to 4,573.38, and the S&P 500 was up 2.62, or 0.13%, to 1,991.06.
11:59 EDTEBAYeBay downgraded, continues slide after Apple Pay announced
Shares of e-commerce company eBay (EBAY) are falling for a second straight day after Apple (AAPL) announced its new mobile payment system, Apple Pay, at its event yesterday. WHAT'S NOTABLE: Apple unveiled and confirmed its widely anticipated mobile payment system, dubbed Apple Pay, at its event yesterday. The service, which works with both of Apple's latest iPhone 6s and its Apple Watch, could come in direct competition with eBay's PayPal. Apple is collaborating with American Express (AXP), MasterCard (MA) and Visa (V) on the platform, as well as banks including Bank of America (BAC), Capital One Bank (COF), Chase (JPM), Citi (C) and Wells Fargo (WFC). Some retailers that will support Apple Pay include Bloomingdale's, Disney (DIS), Macy’s (M), McDonald’s (MCD), Panera (PNRA), Staples (SPLS), Subway, Walgreens (WAG) and Whole Foods Market (WFM). ANALYST REACTION: Piper Jaffray analyst Gene Munster downgraded eBay to Neutral from Overweight following the details regarding Apple Pay. He believes that Apple's new payment system is likely to disturb the mobile payments market and is certain that the "unknown competitive threat" of Apple Pay will further burden eBay's multiple throughout the next six months. Munster said that he expected Apple to announce an initiative like this, so news of Apple Pay does not surprise him. He noted, however, that he did not expect Visa, MasterCard and American Express to collaborate with the platform along with partners such as Macy's and McDonald's. Munster anticipates investors in the near term to be more "conservative" in regards to the PayPal multiple. The analyst lowered his price target for eBay to $55 from $63. Pacific Crest analyst Josh Beck feels that Apple Pay could negatively impact sentiment towards eBay's longer-term opportunity. The tech giant is gaining more traction in the e-commerce space than Beck had initially thought, which could ultimately mean an increased rivalry with eBay's PayPal. The analyst keeps a Sector Perform rating on eBay. Bernstein analyst Carlos Kirjner said that eBay's weakness on Apple's latest news is a buying opportunity for investors. He said that the tech giant's new payment platform is targeting offline payments, noting that offline payments are not imbedded in analyst's estimates for eBay's PayPal. He said that it would take at least a few years for Apple Pay to reach a 12% market share of online payments. He does not see this news as an obstacle for PayPal and Kirjner keeps a $62 price target and Outperform rating on eBay. PRICE ACTION: Near noon, eBay fell $1.64, or 3%, to $51.09, while Apple rose $1.64, or 1.7% to $99.63.
10:37 EDTEBAYChannelAdvisor data shows soft August for eBay, says RW Baird
RW Baird analyst Colin Sebastian says ChannelAdvisor same-store-sales data for August confirms eBay (EBAY) had a soft month. Sebastian believes eBay's new Defect Rate may be pressuring sellers. He remains "somewhat cautious" on eBay in the near-term, but keeps an Outperform rating on the name. Sebastian noted that same-store-sakes data for Amazon.com (AMZN) is more positive.
10:18 EDTEBAYeBay falls, levels to watch
Subscribe for More Information
10:00 EDTEBAYOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:38 EDTEBAYActive equity options trading on open
Subscribe for More Information
09:22 EDTEBAYOn The Fly: Pre-market Movers
HIGHER: Twitter (TWTR), up 2.8% after upgraded at UBS... SunEdison (SUNE), up 2.7% after Google (GOOG) to provide $145M investment in the company's Regulus solar plant... Camtek (CAMT), up 15% after receiving new orders of $3.0M from large OSAT... Doral Financial (DRL), up 12.5% after announcing sale of approximately $430M in assets... Imperva (IMPV), up 1.5% after upgraded at Oppenheimer... Mandalay Digital (MNDL), up 13.7% after updating its guidance. UP AFTER EARNINGS: Land's End (LE), up 8.7%... Palo Alto (PANW), up 4.4%. LOWER: eBay (eBAY), down 2.6% after downgraded at Piper Jaffray following yesterday's launch of Apple Pay (AAPL)... Mobileye (MBLY), down 2.5% after downgraded at Deutsche Bank... Krispy Kreme (KKD), down 2% after Q2 earnings report... GT Advanced (GTAT), down 7% after downgraded at Goldman and Piper Jaffray... Boyd Gaming (BYD), down 3.3% after downgraded at Morgan Stanley... Urban Outfitters (URBN), down 2% after reporting Q3 SSS were so far in the low single-digits negative... Armada Hoffler (AHH), down 6% after filing to sell 5M shares of common stock... AvalonBay (AVB), down 1.8% after to sell 4.5M shares in a forward sales agreement with Goldman... AngloGold (AU), down 12% after announcing plans to restructure its international mining under a new company and saying equity capital raising being contemplated.
08:20 EDTEBAYeBay to see more competition than expected from Apple, says Pacific Crest
Pacific Crest believes that Apple Pay could hurt sentiment towards eBay's (EBAY) longer term opportunity, while Apple (AAPL) is more focused on e-commerce than the firm had anticipated, creating greater competition for PayPal. The firm keeps a Sector Perform rating on eBay.
07:22 EDTEBAYeBay weakness on Apple news a buying opporutnity, says Bernstein
Subscribe for More Information
06:38 EDTEBAYeBay downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray analyst Gene Munster downgraded eBay (EBAY) shares to Neutral from Overweight saying Apple's (AAPL) new payment system is likely to disrupt the mobile payments market. Munster believes the "unknown competitive threat" of Apple Pay will further weigh on eBay's multiple over the next six months. He lowered his price target for the stock to $55 from $63.
September 9, 2014
13:55 EDTEBAYeBay down 1.2% as Apple continues discussing mobile payment system at event
Subscribe for More Information
06:22 EDTEBAYPayPal may let merchants accept bitcoin, FT reports
Subscribe for More Information
September 8, 2014
12:47 EDTEBAYeBay's Braintree unit to let customers accept bitcoin, Re/code reports
Subscribe for More Information
08:21 EDTEBAYeBay marketplace trends could put estimates at risk, says RW Baird
Subscribe for More Information
<< 1 | 2 | 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