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Stock Market & Financial Investment News

News Breaks
November 16, 2012
18:38 EDTINTU, EBAYEBay plans to fight employment agreement lawsuit, WSJ reports
EBay (EBAY) said in response to the lawsuit filed against the company by the California Attorney General that, "EBay's hiring practices conform to the standards that the Department of Justice has approved in resolving cases against other companies," adding that "EBay will vigorously defend itself," according to a Wall Street Journal report that cites an emailed statement from the company. Reference Link
News For EBAY;INTU From The Last 14 Days
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September 29, 2015
10:10 EDTINTUHouse Energy & Commerce Committee to hold a hearing
Commerce, Manufacturing, and Trade Subcommittee holds a hearing entitled, "How the Sharing Economy Creates Jobs, Benefits Consumers, and Raises Policy Questions" with Vice President Alex Chriss of Intuit on September 29 at 10:15 am. Webcast Link
September 28, 2015
08:53 EDTEBAYMercadoLibre downgraded to Sell from Neutral at Citi
Citi downgraded MercadoLibre (MELI) to Sell with an $80 price target citing unfavorable currency moves and slower growth assumptions for Brazil. The stock is three times more expensive than eBay (EBAY), Citi tell investors.
07:38 EDTEBAYBox to hold a user conference
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September 24, 2015
08:51 EDTEBAYCiti cuts Twitter estimates below consensus, drops target to $30
Citi analyst Mark May says his analysis indicates the consensus estimates for Twitter (TWTR) may be too high as they assume "meaningful increases" in monetization which he believes may prove difficult to realize. May cut his 2015, 2016 and 2017 earnings per share estimates for Twitter to 30c, 34c and 58c, respectively, well below the consensus estimates of 34c, 63c, and $1.03. He also cut his 2016 revenue estimate to 3% below the consensus. It will be difficult for the stock to achieve sustained multiple expansion until user growth accelerates and/or revenue growth stabilizes, May tells investors in a research note. He moved the stock to Citi's "High Risk" designation given Twitter's recent user trends and his belief that his estimates are unlikely to move up in the near-term. He keeps a Neutral rating on the name. May's top picks among U.S. Internet stocks remain Facebook (FB), (AMZN) and eBay (EBAY).
06:39 EDTEBAYJPMorgan sees 'choppy' near-term outlook for eBay, cuts target to $32
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September 22, 2015
10:07 EDTINTUHigh option volume stocks
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