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eBay Inc. (EBAY)

- NASDAQ
  • Mar. 19, 2012, 10:27 AM
    Shares of eBay (EBAY -1.3%) are downgraded to Neutral from Buy by Citigroup as they approach the firm's $39 price target. "We see the risk-reward as less compelling," Citi's Mark Mahaney writes. "We do view the recent share price surge as well justified and, therefore, would be buyers of the stock on any material pullback, all else held equal."
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  • Mar. 16, 2012, 11:09 AM
    Ryan Kim has mixed feelings about the launch of would-be Square killer PayPal Here. He likes the service's support for PayPal's (EBAY) mobile apps, and is intrigued by the potential for X.commerce integration. But he thinks it still lacks key features, and has concerns about PayPal's ability to execute. Meanwhile, Matt Rosoff is more excited about PayPal's introduction of an app-based service that allows users to pay retailers without pulling out their wallets or phones.
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  • Mar. 15, 2012, 2:54 PM
    PayPal officially unveils PayPal Here, an anticipated mobile payment solution that takes aim at Square. Leveraging a triangle-shaped dongle and mobile apps, PayPal says its offering, which it will push to its 100M+ customers, comes with a debit card that gives merchants 1% cash-back on some purchases, potentially lowering its rate to 1.7%. The news isn't helping eBay (EBAY -2.1%) shares, which remain pressured by a Credit Suisse downgrade.
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  • Mar. 15, 2012, 8:45 AM
    Credit Suisse rains on eBay's (EBAY) parade with a downgrade to Neutral from Outperform on a valuation call after shares ran up 24% YTD. Analysts keep a $40 price target in place and stay "positive" on the firm's long-term opportunities. Shares -0.8% premarket.
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  • Mar. 14, 2012, 4:24 PM
    PayPal (EBAY) will reportedly take on rapidly-growing Square by offering a rival credit-card swiping device that will charge a slightly lower fee (2.7% vs. Square's 2.75%). The move is another sign of PayPal's aggressive push into mobile and offline payments, leveraging a variety of solutions. However, in this instance, the fact Square has already signed up over 1M merchants will make things difficult. (previously)
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  • Mar. 13, 2012, 1:58 PM
    eBay (EBAY +2.1%) decides to reverse itself over its prior decision to ban selling e-books via PayPal with material deemed obscene - but not illegal. The original position drew the ire of groups representing writers and free speech advocates.
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  • Mar. 9, 2012, 7:02 PM
    LLY, APC, EBAY, SPG, ACN, and SBUX are joining the S&P 100 as of the close of trading on March 16. The companies will replace ETR, XRX, WY, AVP, S, and A.
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  • Mar. 9, 2012, 5:09 PM
    Google (GOOG) is warning mobile developers their apps could be removed from Google Play if they continue to use payment services other than Google Wallet, such as eBay's (EBAY) PayPal and Zong. Google says it's motivated by a desire to simplify Android's oft-criticized mobile payment process. Nonetheless, like other recent efforts by Google to streamline its services (I, II), criticism abounds.
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  • Mar. 9, 2012, 8:49 AM
    PayPal (EBAY) plans to unleash a new payment platform for small businesses at an event next week. The company hasn't released any details, but speculation centers on a product that attempts to cut into the runaway success of Square in the mobile payments space.
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  • Mar. 1, 2012, 12:13 PM
    Wedbush is singing eBay's (EBAY +1.8%) praises following a meeting with management, arguing PayPal's adoption will continue to surge thanks to retailer frustration with existing payment methods. The firm also believes eBay's 2008 acquisition of Bill Me Later will help PayPal differentiate itself, given the payment option flexibility it provides to customers.
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  • Feb. 29, 2012, 11:02 AM
    American Express (AXP -0.6%) launches a Facebook app that will allow users to pay each other for free on the social networking site. The new service will compete directly with PayPal's (EBAY -1.5%) app that was launched last fall.
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  • Feb. 27, 2012, 8:43 AM
    eBay (EBAY) sheds some light on the explosive growth of mobile commerce by saying that it projects to book $8B (+60% Y/Y) in mobile commerce retail volume in 2012, with its PayPal unit processing $7B (+75% Y/Y) in mobile payments.
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  • Feb. 24, 2012, 12:51 PM
    eBay's (EBAY) PayPal unit is easily its largest growth engine, and still has plenty of room for expansion. But a recent decision to put certain PayPal payments for eBay purchases on hold for 21 days has sellers infuriated, and could speak to a broader risk of the parent company interfering with the success of a subsidiary that has largely been left to its own devices - especially given the recent departure of PayPal's CEO.
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  • Feb. 23, 2012, 9:35 AM
    Amazon (AMZN -1.4%) agrees to collect and pay sales taxes for purchases made from online retailers with a physical presence in Virginia as part of an agreement with the governor's office. It's been a two-front war from Amazon on the online sales tax issue, as it supports a national online sales tax bill seen as potentially crippling to rival EBAY and fights states one by one on collecting taxes.
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  • Feb. 21, 2012, 1:43 PM
    eBay (EBAY) is acquiring WHI Solutions, a provider of software and digital catalogs for auto parts distributors and retailers. The company says the purchase will allow it to expand the catalog of items for sale on eBay Motors, which is locked in touch competition with AutoTrader and Cars.com, and to also make it easier for sellers to list inventory.
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  • Feb. 21, 2012, 12:21 PM
    eBay (EBAY) agrees to acquire WHI Solutions, "a provider of software and digital catalog solutions for auto parts distributors and retailers." The purchase should allow eBay Motors offer improved parts selection to buyers and enable retailers and distributors to reach more customers. (PR)
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Company Description
eBay Incis a commerce platform and provides online marketplaces for sales of goods. The Company's business segments are Marketplaces, Payments and Enterprise.