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eBay Inc. (EBAY)

  • Nov. 30, 2011, 1:17 PM
    eBay's (EBAY +3.2%) response in a House hearing to the proposed Marketplace Fairness Act getting bandied around Washington (previous) is to point out that the so-called "level playing field" advocated by rival Amazon (AMZN +1.4%) actually isn't so equal. "Small businesses retailers face many competitive disadvantages when compared to larger retailers."
    | Nov. 30, 2011, 1:17 PM | 1 Comment
  • Nov. 30, 2011, 1:07 PM
    Amazon (AMZN +2.2%) supports an "even-handed" federal framework for collecting online sales taxes as long as it's all-inclusive, according to testimony at a House hearing today. The idea being pushed by voter-conscious politicians is to help put local mom-and-pop stores on the same playing field as online retailers when it comes to taxes. The relatively complacent attitude from AMZN on online taxes that are sure to cut into its pricing advantage isn't tied to any sense of fairness - but focuses on a larger strategy with its battle vs. EBAY and its army of small online sellers.
    | Nov. 30, 2011, 1:07 PM | 4 Comments
  • Nov. 28, 2011, 4:51 PM
    eBay (EBAY +5.1%) is off to a strong start this holiday season, and not just because of its auction business. The company's PayPal unit saw mobile payments increase more than 6x Y/Y on Thanksgiving and Black Friday, and it looks as if "Cyber Monday" is just as strong. eBay is moving aggressively to become a dominant player in mobile commerce, but plenty of competition exists (I, II). (previously)
    | Nov. 28, 2011, 4:51 PM | 1 Comment
  • Nov. 25, 2011, 12:20 PM
    Internet stocks are selling off, with Netflix (NFLX -6.6%), LinkedIn (LNKD -3.8%), and Groupon (GRPN -4.3%) all adding to their recent bloodletting. Amazon (AMZN -3.8%) and eBay (EBAY -1.3%) are also moving lower, in spite of positive Thanksgiving e-commerce data.
    | Nov. 25, 2011, 12:20 PM | 2 Comments
  • Nov. 25, 2011, 10:45 AM
    Here's an encouraging early piece of holiday shopping news: IBM's Coremetrics retail data indicates online Thanksgiving sales were up 39% Y/Y, as consumers scooped up major electronics and apparel promotions. It's added that the share of consumers using a mobile device to make a purchase rose to 11.09%, from 4.25% in the year-ago period. (comScore forecast)
    | Nov. 25, 2011, 10:45 AM | 2 Comments
  • Nov. 21, 2011, 10:01 AM
    eBay (EBAY -3.9%) confirms it acquired privately owned for an undisclosed amount to help shore up its prediction technology aimed at delivering spot-on recommendations to users. The firm says it will retain employees of Hunch including a trio of founders.
    | Nov. 21, 2011, 10:01 AM | Comment!
  • Nov. 11, 2011, 10:24 AM
    Nomura takes a guarded stance on Amazon (AMZN) and eBay (EBAY), launching coverage on both at Neutral (I, II). While expecting Amazon's revenues to soar, Nomura also expects its massive investments to create sustained margin pressure. As for eBay, the firm doubts the recent rebound in eBay's Marketplaces business will last. "We do not believe in Internet turnaround stories," it asserts.
    | Nov. 11, 2011, 10:24 AM | 1 Comment
  • Nov. 11, 2011, 9:40 AM
    Forrester estimates U.S. holiday spending will grow at a 15% clip Y/Y to hit $60B - linking the healthy increase to the ease of shopping with tablet computers and a growth in online deals. The firm's research shows close to half of all consumers believe they can find better deals online at sites such as AMZN, EBAY, and OSTK than from pounding the pavement.
    | Nov. 11, 2011, 9:40 AM | Comment!
  • Nov. 10, 2011, 5:15 PM
    Why would Amazon (AMZN) suddenly add its support to the momentum behind an Internet sales tax? In a nutshell, because eBay (EBAY) is against it. EBay's business is based much more around servicing small retailers, and thus would be hurt more than its bigger rival. Joe Weisenthal sees Amazon becoming more like Wal-Mart (WMT), "turning the screws to smaller businesses."
    | Nov. 10, 2011, 5:15 PM | 3 Comments
  • Nov. 9, 2011, 1:18 PM
    Amazon (AMZN) breaks with eBay (EBAY) and throws its "strong support" behind a new federal effort to require online retailers to collect sales taxes. eBay: "This is another Internet sales tax bill that fails to protect small business retailers ... and will unbalance the playing field between giant retailers and small business competitors."
    | Nov. 9, 2011, 1:18 PM | 3 Comments
  • Nov. 9, 2011, 11:58 AM
    ComScore estimates U.S. retail e-commerce spending rose 13% Y/Y in Q3, to $36.3B. That's down slightly from Q2's 14% clip, but up from the 9% growth found in Q3 2010. It's estimated 74% of all U.S. Internet users made a purchase during the quarter. For reference, Amazon's (AMZN) North American sales rose 44% Y/Y in Q3, while eBay's (EBAY) Marketplaces revenue grew 14%.
    | Nov. 9, 2011, 11:58 AM | Comment!
  • Nov. 9, 2011, 10:33 AM
    A trio of Senators plan to push a federal law enabling all 50 states to collect sales tax on internet purchases. The bill looks to leapfrog the state-by-state battle waged by online sellers such as AMZN, OSTK, and EBAY to deliver a national plan. Sponsors Senators Richard Durbin, Lamar Alexander, and Michael Enzi say the bill will exempt sellers with annual sales of $500K or less from collecting state sale tax.
    | Nov. 9, 2011, 10:33 AM | 10 Comments
  • Oct. 26, 2011, 12:02 PM
    Amazon's (AMZN -11.8%) soft Q3 report (I, II) is taking a toll on rivals eBay (EBAY -2.2%), Barnes & Noble (BKS -2.2%), and (OSTK -1.7%). In B&N's case, Amazon's remarks about boosting Kindle Fire production could also be a factor. (more) (transcript)
    | Oct. 26, 2011, 12:02 PM | Comment!
  • Oct. 23, 2011, 7:26 PM
    Barrons has named its top 10 tech stocks for 2012, and topping the list is Fusion-io (FIO), out of a belief the flash memory firm is a takeover target. Apple (AAPL) comes in at #10 on expectations of market share gains, strong iPhone 4S sales, and a possible dividend or buyback. Also on the list: EBAY, ORCL, HPQ, TIBX, ERTS, NUAN, ACOM, FTNT.
    | Oct. 23, 2011, 7:26 PM | 2 Comments
  • Oct. 20, 2011, 11:04 AM
    Ebay (EBAY -5.7%) heads lower after breaking a string of EPS beats with an in-line Q3 number, and providing ho-hum Q4 guidance. Wells Fargo is maintaining a Market Perform; the firm is optimistic about the long-term impact of "innovative new offerings," but worried about the near-term impact of eBay's aggressive spending. (transcript)
    | Oct. 20, 2011, 11:04 AM | Comment!
  • Oct. 19, 2011, 4:34 PM
    More on eBay's (EBAY) Q3 results:  $526M in free cash flow, below net income of $628.2M. Marketplaces revenue +14% Y/Y to $1.35B, Payments revenue +29% to $1.03B. PayPal accounts +14% Y/Y to 103M. Company expects Q4 revenue of $3.2B-$3.35B and EPS of $0.55-$0.58, compared with consensus of $3.3B and $0.58.  EBAY -4.9% AH. (PR)
    | Oct. 19, 2011, 4:34 PM | Comment!
Company Description
eBay Inc is a commerce platform and provides online marketplaces for sales of goods. The Company's business segments are Marketplaces, Payments and Enterprise.