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Stock Market & Financial Investment News

News Breaks
March 25, 2014
08:32 EDTEBAYeBay says 'best served' by keeping eBay, PayPal together
eBay announced that it has issued the following letter to its shareholders. The company also said it has filed a definitive proxy statement with the Securities and Exchange Commission with respect to eBay’s 2014 Annual Meeting of Stockholders, to be held on May 13. “Our shareholders and our customers are best served by keeping PayPal and eBay together,” eBay’s Board of Directors said. “No other payments competitor has achieved PayPal’s success—because no other competitor has had a commerce platform like eBay.” The company reiterated five key reasons why PayPal and eBay are better together: PayPal Grows Faster Because of eBay; eBay Accelerates the Success of PayPal; Data Sharing Leads to More Profitable Growth; eBay Inc. Provides Efficient Capital for PayPal; Commerce and Payments are Converging
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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