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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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September 3, 2015
10:53 EDTEBAYBattleground: Analysts clash on PayPal outlook after Ebay spinoff
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10:03 EDTEBAYOn The Fly: Analyst Upgrade Summary
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09:54 EDTEBAYeBay moves higher, levels to watch
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07:16 EDTEBAYeBay upgraded to Neutral from Underweight at Piper Jaffray
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September 1, 2015
10:56 EDTEBAYRBC Capital to hold a bus tour
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06:44 EDTEBAYStubHub reverses course on 'all-in' pricing, WSJ reports
StubHub, a unit of eBay, is returning to its old system of adding 15%-17% to its ticket fees, shifting from its "all-in" pricing platform, the Wall Street Journal reports. StubHub's market share has declined heavily due to negative reaction to the pricing change as well as a new crop of competitors, the report says. Reference Link
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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