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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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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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