
Can eBay survive the PayPal split? The San Jose-based online auction site began spinning off PayPal on Friday. While PayPal is seeing double-digit revenue growth, eBay is selling off assets and experiencing declining sales. EBay reported earnings of 76 cents per share on Thursday, beating analysts’ expectations of 73 cents per share. Wall Street rewarded the company with a 3.4 percent bump in its stock price. Still, eBay sales fell 3 percent to $2.12 billion, the second straight quarterly decline,…
Morning Edition RSS Feed via http://www.bizjournals.com/memphis/blog/morning_call/2015/07/here-are-ebays-big-challenges-as-it-splits-with.html?ana=RSS&s=article_search
http://memphissmbmedia.blogspot.com/2015/07/here-are-ebays-big-challenges-as-it.html from Memphis SMB Media
No comments:
Post a Comment