India's e-commerce sector remains in the nascent stages and isn't anywhere near its true potential yet, the boss of Snapdeal said.» Read More
EBay announced it is discontinuing ebay Now, its same-day delivery service, in the U.S, Re/code reports.
LAGOS, July 27- At first glance, Yaba is like many other parts of Nigeria's sprawling commercial capital: a cacophony of car horns and shouting street vendors, mingling with exhaust fumes and the occasional stench of sewage. But in between the run-down buildings in this seemingly inauspicious part of Lagos, a city of around 21 million, tech start-ups are taking...
While the split is a big win for PayPal, eBay will likely face a more challenging environment ahead, says Bob O'Donnell, founder and chief analyst at Technalysis Research.
Gil Luria, managing director, financial technology at Wedbush Securities, says the split has created two independent stocks that appeal to different investors.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Morgan Stanley, down 16 cents to $40.04. CF Industries Holdings Inc., down $3.92 to $65.
U.S. stocks closed mildly higher, with the Nasdaq at another record, as investors digested earnings reports.
July 20- PayPal Holdings Inc shares jumped as much as 11 percent in their highly anticipated return to the Nasdaq after more than a decade in eBay Inc's fold, valuing the digital payment processor at about $52 billion. PayPal is a giant in the market it helped create- it processed 4 billion payments totaling about $235 billion in 2014. But the online payments...
CNBC "Halftime Report" trader Jon Najarian is taking profits in eBay and PayPal, which started trading separately Monday. Here's why.
PayPal shares jumped as much as 11 percent in their highly anticipated return to the Nasdaq, valuing the company at about $52 billion.
*Gold touches 5- year low. *Vivint Solar soars after SunEdison deal. *IBM to report after the bell.
CNBC's Jon Fortt joins Devin Wenig, eBay CEO, for an exclusive interview to discuss the world of digital and streaming content.
CNBC's Jon Fortt joins Devin Wenig, eBay CEO, for an exclusive interview to discuss business competition. We are a company with extraordinary advantages, says Wenig.
CNBC's Jon Fortt joins Devin Wenig, eBay CEO, for an exclusive interview. We don't want to be like anybody else, says Wenig.
The payments system company officially split with eBay Inc. on Friday, 10 months after they announced that they were going their separate ways. In an interview with The Associated Press on Monday, Schulman said that being an independent company gives PayPal the ability to work with companies that might have hesitated before the split due to its association...
July 20- PayPal Holdings Inc shares jumped as much as 11 percent in their highly anticipated return to the Nasdaq on Monday, valuing the company at about $52 billion. PayPal, spun off from eBay Inc, is widely expected to build partnerships with e-commerce rivals and try to seize market share from startups such as Stripe and Square and technology behemoth Apple Inc,...
Investors had their eye on company earnings news after weeks of fretting over Greece's debt crisis and a steep slide in China's stock market. "We're focused on earnings and they're coming in better," said Quincy Krosby, a market strategist at Prudential Financial. Gold slumped to its lowest level in five years, pulling mining stocks lower.
July 20- PayPal Holdings Inc shares rose 5.9 percent in premarket trading, ahead of their highly anticipated return to the Nasdaq, valuing the company at about $50 billion. PayPal, spun off from eBay Inc, is widely expected to build partnerships with e-commerce rivals and try to seize market share from startups such as Stripe and Square and technology behemoth...
The company officially split with parent e-commerce company eBay Inc. on Friday. In premarket trading, shares jumped $1.46, or 3.8 percent, to $39.85. Baird analyst Colin Sebastian initiated coverage on the company with an "Outperform" rating and $45 12- month price target, meaning he expects the stock to reach $45 over the next year.
*Vivint Solar soars after SunEdison deal. Tech earnings will continue to be in focus this week with IBM reporting after the close on Monday and other big tech giants such as Apple, Yahoo and Microsoft expected to report later this week. "If things stay quiet on the Greece and China front, it will be good for the market to focus on earnings, which should be driving the...
Some of the names on the move ahead of the open.