eBay shares sent spinning lower
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Investors hammer eBay shares after the firm's latest profits fall short of market expectations.
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The price of a seat on the New York  Stock Exchange fell to its lowest level since 1996, the latest  sign that a shift toward electronic trading and possible  regulatory change is undermining investors' confidence in the  exchange's open-auction system of trade.
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Slashed earnings estimate pulls down shares.
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Shares of the Nasdaq Stock Market  plunged to their lowest levels in over a month after the London Stock Exchange  urged shareholders to reject a 2.7 billion pound ($5.27 billion) hostile bid from the largest U.S. electronic stock market.
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U.S. blue-chip stocks slid lower on  Thursday, pulled down by industrial bellwether Caterpillar Inc.  CAT.N, but technology shares remained higher after eBay Inc.  EBAY.O posted strong earnings.
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Leading shares ended lower after a thinly-traded session tracking falls on Wall Street with investors cautious ahead of the Federal Reserve's latest US interest rate decision due after the London close tonight.
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Retailer's stock sinks after investors agree to sell their shares at a lower-than-expected price.
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U.S. technology stocks fell on  Thursday, taking a hit on sharp declines in online auctioneer  eBay Inc. EBAY.O and wireless technology company Qualcomm  Inc. QCOM.O after both posted lower-than-expected outlooks.
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Web auction leader eBay Inc.   on Wednesday reported a 14 percent drop in  second-quarter profit that met expectations, but its stock rose  6 percent as it announced its first-ever share buyback.
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Leading shares closed lower, around the worst levels of the day, as US indices traded mixed, a Next profit warning hit retailers and ex-dividend stocks weighed, dealers said.
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Leading shares closed a touch lower Monday as Wall Street was also negative amid disappointing factory data and after severe declines in Chinese stocks, with property sector losses weighing on UK blue-chips.
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Amazon.com, eBay and other retailers fell in U.S. trading as cash-strapped consumers limited their Internet holiday purchases while waiting for better bargains.
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UK leading shares closed weaker, albeit off day lows after a negative trading session.
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EBay Inc. EBAY.O on Wednesday  missed Wall Street's earnings expectations for the first time  in at least three years, sending its shares down nearly 12  percent and taking other Internet stocks lower.
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Stocks fell on Thursday, led lower by tech shares as investors worried about the impact of a slowing economy on the outlook for profits.
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Top shares have fallen to a three-week low after an early jump on the back of positive corporate news failed to gather momentum and stronger-than-expected retail sales data
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With eBay&#39;s stock lingering near an all-time high of $96.60, investors have been holding their collective breath since the third quarter closed Sept.