The e-commerce company reported a workforce with a larger percentage of women, blacks and Hispanics than many of its peers.» Read More
Dissecting eBay's quarterly numbers, with Colin Gillis, BGC Financial; David Garrity, GVA Research LLC; and FM trader Tim Seymour.
eBay is reporting Q2 EPS of $0.69 ex-items on revenue of $4.37 billion, with CNBC's Morgan Brennan.
European shares extended gains to close higher on Wednesday, as investors reacted to fresh growth data from China.
*Intel climbs on earnings, outlook. *Time Warner rebuffs $80 bln bid from 21st Century Fox. Time Warner shares jumped 18.1 percent to $83.87 as the biggest boost to the S&P 500 after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.
Time Warner shares jumped 15.3 percent to $81.86 before the bell as Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down. *A partnership struck between IBM and Apple Inc will serve to boost indexes. IBM shares gained 1.8 percent to $191.85 and Apple advanced 2.1 percent to $97.35 in premarket.
U.S. stock index futures pointed to a higher open on Wall Street ahead of Fed Chair Janet Yellen's second day of testimony.
The recent rally in tech stocks has lacked one notable Internet name: eBay.
*Intel climbs in premarket on earnings, outlook. *Time Warner rebuffs $80 bln bid from 21st Century Fox. *IBM will partner exclusively with Apple Inc to sell iPhones and iPads loaded with applications geared at enterprise clients this fall, the companies announced late Tuesday.
SAN FRANCISCO, July 15- Yahoo Inc cannot seem to part ways with Alibaba. And with Yahoo's business continuing to deteriorate, some Wall Street analysts say it is hard to blame the company. "It remains a very large fig leaf," Pivotal Research Group analyst Brian Wieser said of Yahoo's Alibaba stake, which he said "obscures" Yahoo's weak results.
SAN FRANCISCO, July 15- Yahoo Inc pledged to pay its shareholders at least half the proceeds from Alibaba Group Holding Ltd's mega-IPO this fall, and plans to keep a larger stake in the Chinese e-commerce company than expected. Yahoo's roughly 24 percent stake in the world's largest Internet retailer is viewed on Wall Street as its most prized asset.
Stocks may respond more to earnings news than the Fed Wednesday, now that Fed Chair Janet Yellen's first day of testimony is out of the way.
July 15- Hewlett-Packard Co interim Chairman and activist investor Ralph Whitworth will step down on Wednesday to focus on his health, the latest top-level departure from the computer maker as it struggles to return to consistent growth.
WASHINGTON, July 15- The U.S. House of Representatives voted on Tuesday to ban permanently any taxation of Internet access, a prohibition that is temporary and currently set to expire in 16 weeks. The approval came on a voice vote, sending the legislation next to the Senate, where it also has bipartisan support.
July 15- Hewlett-Packard Co interim chairman and activist investor Ralph Whitworth will step down on Wednesday to focus on his health, the latest top-level departure from the computer maker as it struggles to return to consistent growth.
NEW YORK, July 14- Two of the biggest names in auction sales, the traditional Sotheby's and the digital pioneer eBay, said on Monday they are joining forces to make it easier to buy antiques, collectibles and works of fine art online.
NEW YORK, July 14- Sotheby's and eBay announced a partnership on Monday to make it easier to buy antiques, collectibles and works of fine art online. The deal will connect Sotheby's, with its extensive inventory of fine art, antiques, books, jewels, watches and furniture, with eBay's 145 million active buyers around the world.
Sotheby's once declared that selling art online was a losing business. But times have changed.
Pernod Ricard paid a reported $100 million for an 84 percent stake in Tequila Avión. Ken Austin, Tequila Avión Chairman and founder, discusses what's driving the high demand for premium tequila, and how influential product placement on HBO's "Entourage" was.
Tequila Avión now has a new owner after being made famous on HBO's "Entourage," and being backed by AOL's Tim Armstrong. Ken Austin, Tequila Avión chairman and founder, explains what led Pernod Ricard to shell out a reported $100 million for an 84 percent stake in the company.
CNBC's Robert Frank reports online auctions are one of the fastest growing segments of the art world. Frank provides insight to which sales eBay will live stream for Sotheby's.