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Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to ...
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Those who buy eBay stock today are buying a low-risk opportunity. The stock is cheap, trading at only 18 times earnings . Its balance sheet is cash-rich and operations are profitable.
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EBay's board of directors also authorized an additional $2 billion share repurchase program. "We started to see our business improve towards the end of November, particularly in the U.S., driven ...
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As of September 2014, eBay has acquired over 40 companies, the most expensive of which was the purchase of Skype, a Voice over Internet Protocol company, for US$2.6 billion in cash plus up to an additional US$1.5 billion if certain performance goals were met. [2] The majority of companies acquired by eBay are based in the United States.
Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce, saying its number of employees and costs have exceeded how much the business is growing in a ...