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Stock Market & Financial Investment News

News Breaks
March 12, 2014
11:46 EDTEBAYIcahn posts another letter, says eBay, PayPal should separate 'immediately'
Carl Icahn in another letter to eBay shareholders stated, "In our opinion, eBay and PayPal should immediately be separated. It is my firm belief that if this occurred, there would be a number of bidders willing to pay a large premium for an independent PayPal. However, on the other hand, I fear that if left under the management of eBay it will “wither” (as Elon Musk said). I believe that if it is left as a division of eBay, PayPal may well go the way of other former technology greats such as Blackberry, Dell, Eastman Kodak, Polaroid, Nintendo, Xerox, Sony, Palm, and AOL – the same way that Motorola Mobility may have gone had we not been able to convince Motorola’s board to bring in a new CEO and separate the companies – ultimately resulting in a sale to Google."Reference Link
News For EBAY From The Last 14 Days
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August 30, 2015
14:34 EDTEBAYPayPal shares could gain 40% as e-commerce grows, Barron's says
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August 24, 2015
08:11 EDTEBAYeBay Motors partners with Assurant to extend warranties on purchase
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August 19, 2015
09:16 EDTEBAYNew Relic, Magneto announce expansion of partnership
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August 18, 2015
06:08 EDTEBAYeBay expected to announce sale of some of Snapdeal stake, Re/code reports
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August 17, 2015
13:05 EDTEBAYeBay initiated with a Hold at Evercore ISI (pre-open)
Pre-open, Evercore ISI initiated eBay with a Hold rating and $28 price target. The firm sees balanced potential catalysts against a fundamental story that remains challenged due to increased competitive pressures.

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