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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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July 30, 2014
13:21 EDTEBAYeBay rebranding Bill Me Later as PayPal Credit
Gary Marino, SVP, Global Financial Services & North America, announced that Bill Me Later will be rebranded as PayPal Credit. Marino says "It demonstrates how we are moving credit more towards the center of our business, aligning it more closely with our overall brand, and working as a partner with businesses to spur growth. Our customers and merchants across the pond have been asking for the flexibility and convenience of PayPal Credit in their markets, so today we’re also announcing that we plan to introduce PayPal Credit to the UK and Germany. People will begin to see PayPal in places they haven’t seen before, allowing shoppers to easily make purchases with financial flexibility." Reference Link
July 29, 2014
07:22 EDTEBAYRue La La mulls sale, attracts interest from Gilt, Reuters says
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July 28, 2014
17:57 EDTEBAYeBay executives Carges, Doerger sold over $2M in stock, Barron's says
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10:44 EDTEBAYAmazon set to launch mobile credit card reader in August, 9to5Mac reports
Amazon (AMZN) could be preparing to launch its mobile cred card reading hardware at $9.99 in the coming weeks, reports 9to5Mac, citing internal Staples (SPLS) documents. Staples stores will stock a product called the "Amazon Card Reader" alongside readers from Square, eBay's (EBAY) PayPal and Staples' own in-house brand. Reference Link
July 24, 2014
06:02 EDTEBAYPolice arrest seven in connection to StubHub cyberfraud case, Re/code says
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July 23, 2014
06:05 EDTEBAYStubHub accounts targeted by cyber thieves, AP reports
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06:03 EDTEBAYeBay implied volatility of 18 at lower end of index mean range
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July 22, 2014
06:05 EDTEBAYeBay implied volatility of 18 at lower end of index mean range
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July 21, 2014
10:42 EDTEBAYOptions with decreasing implied volatility
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06:16 EDTEBAYeBay implied volatility of 19 at lower end of index mean range
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