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7 hrs ago | Seeking Alpha
That's really not the way it's supposed to work, as the market is said to dislike uncertainty and there's certainly plenty of that at the moment.
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Almost every day for the past few weeks, there has been either Icahn invoking the words of famous U.S. naval heroes in his arguments against eBay board members Marc Andreessen and Scott Cook, and that PayPal should be spun off as its own business, or a counterstrike by the likes of eBay board chairman Pierre Omidyar .
Dear eBay Queen: I've been selling for a couple of years, and I'm trying to figure out how I can make this a part time job with full-time income.
Marc Andreessen, co-founder and general partner of Andreessen Horowitz, fired back at hedge fund manager Carl Icahn, who recently blasted eBay TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, pointed out that Andreessen, the creator of the old Netscape web browser, sits on the board of eBay as well as Facebook Cramer agreed ... (more)
"We are strongly encouraged by the results published yesterday of an investor survey conducted by Bernstein Research regarding our campaign to prove to eBay's board of directors that stockholders are in favor of separating PayPal from the company," Icahn said in his letter.
Sales and traffic to online retailers by category and merchant type, data on Amazon and other leading e-retailers, comparisons of leading web retailers, site performance data, more.
On Wednesday, eBay CFO Robert H. Swan sought to explain why PayPal benefits from being held within the larger e-commerce giant, and highlighted the company's push into emerging markets like Russia.
Staples Inc. skidded Thursday after reporting disappointing quarterly results while eBay Inc. gained following a new round of attacks from activist investor Carl Icahn.
Icahn looks at a one-year gain for the stock of 7.2%, against a 60% gain for the Nasdaq as a whole, and goes "meh."
We're going to get started. Very happy to have Bob Swan, CFO of eBay with us this morning, Bob thanks coming back this year.
's stock had its "buy" rating reiterated by analysts at TheStreet in a research report issued to clients and investors on Wednesday, AnalystRatingsNetwork.com reports.
The S&P/TSX composite index ended Wednesday up 14.31 points to 14,304.17 The Canadian dollar gained 0.47 at , down 7% from a year earlier, although the media division's revenue was up from the third quarter and its shares jumped announced that it is maintaining its target for the overnight rate at 1%.
EBay Inc CEO John Donahoe said on Wednesday that several of the online retailer's most active shareholders have assured him they support his efforts to resist demands by activist investor Carl Icahn for a spin-off of the PayPal unit.
Michael Dell, who took the US-based computer maker Dell private last year, has invested in an Indian debt financing firm.
EBay Inc. [ebay] chief financial officer Bob Swan said Wednesday that the company's PayPal payments business "is not being constrained" because it's part of a larger company.
Billionaire activist investor Carl Icahn said Wednesday that corporate governance at e-commerce giant eBay Inc. was the worst he had ever seen.