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Analysts React To Google Inc.-eBay Inc. $85 Billion Merger Rumor
Friday, September 12, 2014 - 11:49am | 669Read More...Google Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) is rumored to be interested in purchasing a 40 percent stake in eBay Inc. (NASDAQ: EBAY) for $85 billion at $68 per share. Is this possible, crazy or likely to be false? "I heard the rumor and it just went in one ear and out the other,"...
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Topeka: eBay Inc's PayPal Is At Risk From Apple Inc. iPhone Payment System
Tuesday, September 9, 2014 - 10:57am | 249Read More...eBay Inc's (NASDAQ: EBAY) dominance of online payments faces a major threat starting with the launch of iPhone 6, an analyst said Tuesday. Topeka's Victor Anthony said PayPal's heyday as the big guy on the payments block could be nearing its end with Apple Inc.'s (NASDAQ: AAPL)...
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Markets Continue To Rally Ahead Of Yellen's Speech At Jackson Hole
Thursday, August 21, 2014 - 5:16pm | 2993Read More...U.S. stocks rose as the S&P 500 toppled to a new all-time high of 1,994.76 while the Dow rose above the 17,000 mark following positive economic reports. Speaking from Jackson Hole, San Francisco's Federal Reserve President John Williams stated that raising the benchmark interest rate...
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News Reports Of eBay Spinning Off PayPal Resurfaces
Thursday, August 21, 2014 - 11:44am | 108Read More...eBay (NASDAQ: EBAY) may consider spinning off its PayPal unit as soon as next year, The Information reported. eBay has been actively searching for a candidate to fill the position of PayPal CEO after its former CEO David Marcus left the company for Facebook. According to The Information, eBay...
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Dow Flirts With 19,000, S&P 500 Approaches 2,000 & NASDAQ Trading At 14-Year Highs
Tuesday, August 19, 2014 - 4:35pm | 2619Read More...U.S. stocks rose as geopolitical events took a back seat and investors found positives in housing and consumer price index data released Tuesday. The markets followed the lead of Apple which closed at an all-time split-adjusted high of $100.53. Earnings from Home Depot and TJX Companies also...
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Stifel Resumes Coverage Of eBay
Wednesday, August 13, 2014 - 11:22am | 271Read More...Stifel's Scott Devitt resumed coverage of eBay (NASDAQ: EBAY) Wednesday with a Hold rating and $57 price target. “We applaud eBay management's successful turnaround of the business and re-positioning of the company as an eCommerce partner to traditional retailers and merchants,...
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The Reason Every Company Doesn't Accept Bitcoin
Wednesday, August 6, 2014 - 4:04pm | 416Read More...Platforms like Shopify, Digital River, Stripe, WordPress and Square provide the opportunity for thousands of business owners to accept billions of dollars in sales through bitcoin. But why don't all merchants on those platforms accept bitcoin? Bitcoin is the best way for merchants to get...
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Apple Is 'Uniquely Situated' To Revolutionize Mobile Commerce
Saturday, August 2, 2014 - 2:50pm | 620Read More...Apple's (NASDAQ: AAPL) fingerprint scanner, known commercially as Touch ID, could hold the key to a mobile commerce revolution. The iPhone maker famously acquired AuthenTec, the creator of Touch ID, for $365 million. At least one analyst thinks that Apple acquired that firm to become the...
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Markets Mostly Higher As Earnings Season Continues To Impress
Wednesday, July 23, 2014 - 4:55pm | 2953Read More...U.S. stocks were mostly higher as investors and traders continue to weigh in on earnings from large-cap companies like Apple, Microsoft, Facebook, and momentum high-flyers like Chipotle Mexican Grill and Intuitive Surgical. Despite geopolitical concerns, the S&P 500 managed to close at a...
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EBay Plus And Minuses In Balance Following Q2, SunTrust Analyst Says
Thursday, July 17, 2014 - 1:19pm | 229Read More...EBay's (NASDAQ: EBAY) negatives and positives appear to balance out in the wake of its second-quarter performance, SunTrust analyst Robert Peck said Wednesday. EBay's bottom line beat the consensus by a penny, although its revenue missed expectations by a whisker. http://www.benzinga.com/news/...
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EBay Q2 Net Ex Items In-Line With Street Views; Volume Up 26%
Wednesday, July 16, 2014 - 5:55pm | 222Read More...EBay (NASDAQ: EBAY) posted second-quarter a penny ahead of expectations on a 26 percent volume gain for transactions. The company offered a third-quarter earnings outlook below Wall Street's forecast and a prediction for the full year in line with expectations. Net profit grew six percent to $676...
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Market Wrap For June 17: Markets Higher Ahead Of Fed Decision
Tuesday, June 17, 2014 - 4:30pm | 1799Read More...U.S. stocks were slightly higher following encouraging economic May data coming in a day before the Federal Reserve concludes its two day meeting regarding its monetary policy. It is possible the Federal Reserve will announce on Wednesday that it is lowering its monthly asset purchases to $35...
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Market Wrap For June 10: Stocks Showed Little Change On Light Volume
Tuesday, June 10, 2014 - 4:41pm | 2151Read More...U.S. stocks were mostly unchanged on a catalyst-light day characterized by low volume. The SPDR S&P 500 ETF (NYSE: SPY) has a three-month daily average volume of over 101 million only traded hands 47.8 million times on Tuesday. With little economic or market moving catalysts due in the...
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eBay's PayPal President Steps Down; Analysts Comment
Tuesday, June 10, 2014 - 2:24pm | 200Read More...After the market close on Monday, eBay (NASDAQ: EBAY) announced that its PayPal president David Marcus will step down to lead Facebook's (NASDAQ: FB) messaging products. The Street has reacted either negatively or favorably depending on a trader's position, as shares of eBay a down ~2...
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BofA Says eBay Should Benefit From News Google To Accept PayPal On Google Play
Friday, May 16, 2014 - 1:12pm | 167Read More...Shares of eBay (NASDAQ: EBAY) spiked about three percent from Friday's low, as traders digest a research note released Friday morning by Bank of America. In the note, analyst Justin Post described how eBay may benefit from Google's (NASDAQ: GOOG) decision to accept PayPal on Google Play in 12...
