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Stock Market & Financial Investment News

News Breaks
August 21, 2014
10:34 EDTEBAYeBay jumps after report says PayPal spin-off under consideration
Shares of eBay (EBAY) are rising after The Information reported that the company is considering spinning off its PayPal digital payments unit. WHAT'S NEW: eBay has been telling candidates for the position of PayPal CEO that the unit may be spun off as soon as next year, according to The Information, which cited two unnamed sources. WHAT'S NOTABLE: Billionaire investor Carl Icahn reported in a regulatory filing that he owned 30.8M shares of eBay as of June 30, which represented a 3M share increase from previous quarter. On April 10, Icahn said in a statement that eBay would benefit from spinning off PayPal, adding that he would continue to press the company to do so. PRICE ACTION: In mid-morning trading, eBay rose $1.30, or 2.5%, to $55.
News For EBAY From The Last 14 Days
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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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