Major business events and economic events scheduled for the coming week (some dates are tentative):

Overstock.com Inc. shares sank Friday after the online discount retailer reported a narrower second-quarter loss, but an analyst downgraded the stock, saying the company's revenue growth may drop by 2009.

EBay Inc <EBAY.O> on Wednesday provided a cautious near-term outlook that reflected concern over a weak U.S. economy and changes it has been making to its auction business, sending its shares down 7 percent.

By Alexandria Sage

Shares of online retailer Amazon.com Inc. rose Wednesday — a climb one analyst attributed to a drop in oil prices and rumors that a new version of the company's e-reader device, Kindle, will be released in the fall.

Among the stock activity stories for Wednesday, July 16, from AP Financial News:

Online auctioneer eBay Inc <EBAY.O> on Wednesday posted a 22 percent rise in quarterly profit, edging above Wall Street estimates, helped by a surge in new listings and share repurchases by the company.

SAN FRANCISCO (Reuters) - Online auctioneer eBay Inc <EBAY.O> on Wednesday posted a 22 percent rise in quarterly profit, edging above Wall Street estimates, helped by a surge in new listings and share repurchases by the company.

Major Internet stocks declined Tuesday, with Yahoo Inc. continuing to fall after it rejected Microsoft Corp.'s latest offer for its Web search operations.

EBay Inc scored a major legal victory on Monday when a federal judge absolved it of taking more steps to police fake Tiffany jewelry sold on its website and held that brand owners are ultimately responsible for protecting their own trademarks.

On the first Saturday in August, at midnight, Wordsmiths Books in Decatur, Ga., will be decorated in black and red and packed with teens dressed like vampires and werewolves. What is this festive feast for? To celebrate the release of best-selling author Stephenie Meyer's "Breaking Dawn,” the fourth and final book of her “Twilight” series.

On the first Saturday in August, at midnight, Wordsmiths Books in Decatur, Ga., will be decorated in black and red. Prizes will be handed out and special cookies — some with a filling the color of blood, will be served.

Most major Web stocks rose Thursday, with IAC/InterActiveCorp increasing after the company set a date for its annual meeting, at which shareholders will be asked to approve a reverse stock split related to the spinoffs of several businesses.

Yahoo Inc <YHOO.O> will let customers, academics and even rivals build customized Web search services on top of its own technology, introducing a resale model into a major Internet market where it ranks a distant No. 2 to Google Inc <GOOG.O>.

Yahoo Inc <YHOO.O> will let customers, academics and even rivals build customized Web search services on top of its own technology, introducing a resale model into a major Internet market where it ranks a distant No. 2 to Google Inc <GOOG.O>.