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Stock Market & Financial Investment News

News Breaks
April 29, 2014
14:48 EDTEBAYeBay technical comments ahead of earnings, levels to watch
The shares have largely been trading in a range of $50 at the low and $56 at the high (with some notable exceptions) since late 2012. A range that has been this long in development tends to keep moving in the direction of the ultimate break of the range. If $50 were taken out on the downside, we could expect further price weakness to come and a major top would be in place on a long-term basis. A look at a 10-year chart will make this clearer. Similarly on strong positive news, a breakout above $56 would signal the potential for a new leg higher that could set new record highs. While there was a move above the range back in February and March, it proved short-lived. The first big resistance level on the upside in the event of positive results would be at the life high of $59.70. Support on a break below $50 would be at $47.47.
News For EBAY From The Last 14 Days
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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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February 18, 2015
15:15 EDTEBAYAngie's List could be more attractive to buyers given traction, says Barrington
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February 17, 2015
17:06 EDTEBAYIcahn gives quarterly update on stakes, takes new stake in Manitowoc
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