EBay Reports Sharply Higher Profit
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EBay Inc., the world&#39;s largest online marketplace, on Wednesday posted a quarterly profit that rose 77 percent from a year ago, fueled by strong back-to-school shopping
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Shares in eBay fall as its quarterly profits fail to meet market expectations, despite seeing net profits rise by 44%.
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Web search leader Google Inc.  GOOG.O, in its first earnings report as a publicly held  company, on Thursday posted a higher net profit as revenue more  than doubled on strong Web search advertising.
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Aided by strong international growth and better-than-expected back-to-school sales, eBay reported robust third-quarter earnings Wednesday as profit surged 77 percent over last year.
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Amazon.com Inc.'s second-quarter profit more than tripled, boosted by strong sales of books, music and electronics worldwide. The Web retailer's stock soared 11.3 percent in after-hours trading.
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Amazon.com Inc  reported on Wednesday a huge rise in quarterly net profit, boosted by a 42 percent rise in revenue during its important holiday season.
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Shares of eBay Inc. posted their  biggest one-day drop since November 2000 on Thursday after its  quarterly profit missed Wall Street expectations for the first  time and raised "red flags" about growth prospects at the  online marketplace.
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Internet portal Yahoo reveals profits more than tripled to $253m, boosted by a jump in online advertising and soaring sales.
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Xerox Corp , the leading provider of digital printers and document management services, on Thursday posted sharply higher quarterly profit, fueled by solid sales of higher-margin color systems.
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Circuit City Stores Inc. CC.N on   Wednesday reported higher-than-expected quarterly profit driven   by strong sales of flat-panel televisions and laptop computers   during the back-to-school shopping season.
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EBay posted a 50 percent rise in net profit on strength in its core auction and payments businesses, but left its 2007 outlook unchanged, defying Wall Street's hopes for a boost.
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Electronic broker-dealer posts a profit and beats the Street.
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Profit rose 34 percent, bolstered by AOL asset sales in Europe, a rise in digital cable and phone customers, and online advertising sales.
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EMC Corp.'s fourth-quarter profit jumped 35 percent, beating Wall Street expectations, as the seller of data storage hardware and software posted double-digit percentage gains across all its major business segments.
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EBay Inc.  on Wednesday  posted a 50 percent rise in net profit on strength in its core  auction and payments businesses, but left its 2007 outlook  unchanged, defying Wall Street&#39;s hopes for a boost.
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Online marketplace eBay Inc.  EBAY.O said  on Wednesday quarterly profit rose 44 percent,  helped by growth in its PayPal service, and announced a  two-for-one stock split.
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Revenue from online auctions sends Ebay's profits surging, despite a shrinking number of items up for sale.