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Stock Market & Financial Investment News

News Breaks
March 12, 2013
10:03 EDTEBAYeBay falls after firm says sales growth slowed last month
eBay's (EBAY) shares are dropping after research firm ChannelAdvisor reported that the company's same-store sales increased 8.2% in February. The same-store sales gain was the company's lowest monthly increase since April 2011, the firm noted. However, excluding the effects of last year's extra day in February due to Leap Year, eBay's same-store sales rose 12.2% last month. But the company's sales growth in February still slowed compared with December 2012 and January 2013, when same-store sales jumped 18.8%-22%. Last month's slowdown was driven largely by decelerations in eBay’s motor parts and accessories business and soft growth in its fixed price business, the firm reported. The slowdown in the motor business, which grew at the slowest rate since ChannelAdvisor began tracking the company's data, may be weather-related, the firm stated. The fixed price slowdown may have been caused by macro economic factors, ChannelAdvisor believes. In early trading, eBay declined 65c, or 1%, to $52.10.
News For EBAY From The Last 14 Days
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March 4, 2015
13:14 EDTEBAYPaypal President Dan Schulman says e-commerce is still in early stages
President Dan Schulman said Paypal is poised to become leader in emerging paradigm, as digitization of money is opening up tremendous and large addressable market for Paypal to play in. Believes e-commerce is still at earliest stages, accounting for only 10% of all of commerce. Says offline and online are blurring, and they're blurring through mobile. Says the company aims for the democratization of money across the world. Comments taken from Paypal President Dan Schulman at Morgan Stanley Technology, Media & Telecom Conference.
March 2, 2015
13:07 EDTEBAYPayPal reveals new physical card reader, Venture Beat says
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12:38 EDTEBAYeBay CFO comments on the planned separation with PayPal
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11:18 EDTEBAYPayPal plans to acquire mobile payment startup for $280M, Re/code says
eBay's PayPal plans to acquire mobile payment startup Paydiant for roughly $280M, reports Re/code, citing multiple sources. The deal is expected to close in March or April. Reference Link
February 26, 2015
08:09 EDTEBAYeBay price target raised to $65 from $61 at RW Baird
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08:06 EDTEBAYeBay files Form 10 related to planned PayPal spin-off
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February 24, 2015
11:40 EDTEBAYStocks with call strike movement; MU EBAY
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06:39 EDTEBAYVisa Europe announces 'tokenisation service'
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February 23, 2015
06:21 EDTEBAYFacebook's shuttle drivers approve new union contract, WSJ reports
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