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eBay Inc

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  • AP Top Extended Financial Headlines At 12:34 p.m. EDT Tuesday, 30 Sep 2014 | 12:34 PM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stocks turn up in midday trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss AOL to deliver more video, news to Microsoft's MSN in bid to sell more digital advertising

  • AP Top Extended Financial Headlines At 12:32 p.m. EDT Tuesday, 30 Sep 2014 | 12:32 PM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stocks turn up in midday trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales AOL to deliver more video, news to Microsoft's MSN in bid to sell more digital advertising Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss

  • AP Top Extended Financial Headlines At 12:30 p.m. EDT Tuesday, 30 Sep 2014 | 12:30 PM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stock edge higher in midday trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales AOL to deliver more video, news to Microsoft's MSN in bid to sell more digital advertising Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss

  • AP Top Extended Financial Headlines At 12:24 p.m. EDT Tuesday, 30 Sep 2014 | 12:24 PM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stock edge higher in midday trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales AOL to deliver more video, news to Microsoft's MSN in bid to sell more digital advertising Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss

  • AP Top Extended Financial Headlines At 12:13 p.m. EDT Tuesday, 30 Sep 2014 | 12:13 PM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stock edge higher in midday trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales AOL to deliver more video, news to Microsoft's MSN in bid to sell more digital advertising Argentina deposits $161 million with local trustee to handle financial obligations on bonds

  • US stocks edge higher in midday trading Tuesday, 30 Sep 2014 | 12:01 PM ET

    NEW YORK— U.S. stocks are edging higher as investors set aside worries about the protests in Hong Kong, the Asian financial hub. The Dow Jones industrial average rose 43 points, or 0.3 percent, to 17,114 as of noon Eastern time Tuesday.

  • AP Top Extended Financial Headlines At Noon EDT Tuesday, 30 Sep 2014 | 12:01 PM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stock edge higher in midday trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales AOL to deliver more video, news to Microsoft's MSN in bid to sell more digital advertising Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss

  • Europe stocks close higher; Next shares fall 3.7% Tuesday, 30 Sep 2014 | 11:57 AM ET

    European shares closed higher on Tuesday, after investors focused on key data from the euro zone rather than the Hong Kong protests. protests.

  • AP Top Extended Financial Headlines At 11:51 a.m. EDT Tuesday, 30 Sep 2014 | 11:52 AM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stock turn up in midday trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales AOL to deliver more video, news to Microsoft's MSN in bid to sell more digital advertising Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss

  • EBay, PayPal to split into separate public companies Tuesday, 30 Sep 2014 | 11:48 AM ET
    PayPal and Ebay to split into two separate public companies.

    In addition, CEO John Donahoe will step down as CEO of eBay once the split takes effect in 2015.

  • AP Top Extended Financial Headlines At 11:43 a.m. EDT Tuesday, 30 Sep 2014 | 11:43 AM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stock turn up in midday trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going Ukrainians rush to prepare for a cold winter without Russian gas if talks fail US home prices rise in July at slowest pace since November 2012 amid slowing sales Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss

  • BOSTON, Sept 30- Hedge fund manager Daniel Loeb's Third Point LLC has taken a "significant" stake in online marketplace EBay Inc and had discussions with its chief executive officer, a source familiar with the matter said on Tuesday. The company announced earlier on Tuesday that it agreed to spin off its PayPal unit.

  • AP Top Extended Financial Headlines At 11:37 a.m. EDT Tuesday, 30 Sep 2014 | 11:37 AM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stock turn up in midday trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss News Corp. to buy online real estate business Move for $950 million in cash

  • AP Top Extended Financial Headlines At 11:34 a.m. EDT Tuesday, 30 Sep 2014 | 11:34 AM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stock turn up in midday trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss News Corp. to buy online real estate business Move for $950 million in cash

  • AP Top Extended Financial Headlines At 11:31 a.m. EDT Tuesday, 30 Sep 2014 | 11:31 AM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stock inch lower in early trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss News Corp. to buy online real estate business Move for $950 million in cash

  • Icahn: Pleased with eBay split, more work needed Tuesday, 30 Sep 2014 | 11:26 AM ET
    Carl Icahn, billionaire investor and chairman of Icahn Enterprises Holdings LP

    Activist investor Carl Icahn is "happy" about Tuesday's split between eBay and PayPal but said consolidation in the payments industry is needed.

  • AP Top Extended Financial Headlines At 11:17 a.m. EDT Tuesday, 30 Sep 2014 | 11:17 AM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stock inch lower in early trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 With eurozone inflation at near five-year low, European Central Bank under pressure to do more US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss

  • Future of standalone PayPal bright: EBay investor Tuesday, 30 Sep 2014 | 11:09 AM ET
    A PayPal employee in the Berlin office.

    In Tuesday's The Good, the Bad and the Ugly, a big eBay investor defends PayPal's prospects, while Carl Icahn strikes again. And can eBay still grow by itself?

  • Mossberg: Liberated PayPal threat to Apple Pay     Tuesday, 30 Sep 2014 | 11:06 AM ET

    Walter Mossberg, Re/code co-executive editor, discusses what spinning off PayPal means for eBay, and other competitors in the space. Mossberg says Apple cannot afford to execute Apple Pay poorly.

  • AP Top Extended Financial Headlines At 11:03 a.m. EDT Tuesday, 30 Sep 2014 | 11:03 AM ET

    In a reversal, EBay plans to split off PayPal business in 2015, CEO Donahoe to leave EU targets Apple's overseas tax model, says Ireland appears to grant firm illegal rebate US stock inch lower in early trading; eBay jumps on news that it will spin off PayPal China approves iPhone 6 after Apple promises no' backdoors'; Apple says sales start Oct. 17 US consumer confidence falls in September after 4 months of gains New Viagra ads target women for 1st time by encouraging them to push men to get treatment After Bill Gross' resignation, Pimco turns to insider to keep firm going US home prices rise in July at slowest pace since November 2012 amid slowing sales Walgreen matches adjusted 4 Q profit expectations, tops revenue forecasts but posts $239 M loss News Corp. to buy online real estate business Move for $950 million in cash