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Stock Market & Financial Investment News

News Breaks
June 28, 2012
09:17 EDTEBAYeBay trends weaken further in May, says ITG Research
ITG believes macro trends are pressuring eBays's ASPs and driving a modest slowdown in eCommerce. The firm believes eBay's Q2 revenues are tracking to $3.286B, below consensus of $3.363M.
News For EBAY From The Last 14 Days
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May 16, 2013
10:03 EDTEBAYOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen.
06:46 EDTEBAYeBay initiated with a Buy at Lazard Capital
Target $65.
May 15, 2013
08:56 EDTEBAYApple fingerprint sensor seems confirmed by PayPal exec, BGR says
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May 13, 2013
07:14 EDTEBAYeBay revenue, EPS likely to accelerate in 2H13, says Bernstein
Bernstein expects eBay's revenue and EPS growth to accelerate in 2H13, as implied by the company's guidance. The firm expects the company to benefit from continued user growth in Marketplaces and PayPal. The firm keeps an Outperform rating on the shares.
May 10, 2013
07:24 EDTEBAYAlibaba to expand beyond China, Economic Times reports
Alibaba is looking to expand beyond its home market in China by targeting overseas Chinese through its flagship e-commerce website Taobao, reports the Economic Times. Taobao is China's most popular e-shopping platform, with over 90% of the online market for consumer-to-consumer transactions in the country. It had more than 800M product listings and over 500M registered users as of last year. Reference Link
May 8, 2013
11:22 EDTEBAYBoehner says he probably won't back online sales tax bill, The Hill says
House Speaker John Boehner said he probably cannot support a bill that would allow states to receive sales taxes from online transactions, since he believes the bill is too burdensome to small businesses, The Hill reported last night. Reference Link
May 7, 2013
10:05 EDTEBAYeBay April SSS up 20.5%, Amazon SSS up 30.6%, ChannelAdvisor says
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05:45 EDTEBAYVisa looks abroad for growth, WSJ reports
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May 6, 2013
19:05 EDTEBAYSenate passes bill allowing states to tax Internet purchases, AP reports
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08:27 EDTEBAYPayPal exploring ways to integrate bitcoin, WSJ reports
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08:13 EDTEBAYOnline sales-tax bill headed to the House, WSJ reports
A bill that would basically end tax-free Web shopping appears to be heading toward Senate passage today, but will run into stronger anti-tax sentiment in the House, reports the Wall Street Journal. Reference Link

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