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Posts Tagged ‘Ebay Inc’

By Deepa Seetharaman SAN FRANCISCO (Reuters) – EBay Inc is preparing to bring a major portion of its foreign earnings back into the United States, hoping to bankroll acquisitions and drive an expansion into mobile payments and other high-growth areas as its core business matures. Ebay, which on Tuesday forecast lower-than-expected earnings this quarter, also […]

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SAN FRANCISCO (Reuters) – EBay Inc said on Tuesday that access to foreign earnings will allow the e-commerce giant to take advantage of growing opportunities in the U.S. market while also completing $5 billion in share buybacks. The company, which also reported better-than-expected earnings, will take a $3 billion non-tax charge to repatriate foreign earnings. […]

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(Reuters) – EBay Inc urged its shareholders to vote against activist investor Carl Icahns proposal to spin off the e-commerce companys PayPal payments unit. Last week, Icahn asked eBay to sell 20 percent of the PayPal payments unit in an initial public offering, a change in tack from his previous call for a complete spin […]

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