Wall Street cool to eBay's profit
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Shares in eBay fall 9.8% in after-hours trade in New York, after its quarterly profits fail to meet market expectations.
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U.S. shares are set for a softer start on  Thursday with tech stocks again under pressure after  weaker-than-expected results from online auctioneer eBay  EBAY.O and a soft outlook from wireless firm Qualcomm  QCOM.O overnight.
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NEW YORK Profit-taking after Wall Street&#39;s nine-session rally left stocks narrowly mixed on Monday even as oil prices continued their downward trend.
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With the pace of corporate earnings  reports slowing, Wall Street will have its eye on consumer  prices and other economic indicators in this holiday-shortened  week.
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U.S. stocks ended little changed  on  Tuesday as Internet companies like eBay Inc. EBAY.O supported  technology shares, while higher oil prices and worry about fuel  costs kept a lid on overall sentiment.
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Shares of Wall Street's investment banks slipped at the opening bell Monday ahead of the brokerages' third-quarter earnings reports, as a J.P. Morgan Securities analyst said investors might be more comfortable if they reported lower profits.
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Wall Street stocks were weaker at midmorning on Friday after disappointing earnings from Google (NASDAQ:GOOG) and Caterpillar (NYSE:CAT) and renewed jitters over US mortgage and credit markets.
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U.S. stock futures fell throughout the  morning  on Thursday, pointing to a lower market open, as  disappointing earnings from eBay Inc. EBAY.O and a  lower-than-expected profit forecast from Qualcomm Inc. QCOM.O  weighed on Wall Street.
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EBay Inc  announced on  Wednesday the planned departure of long-serving Chief Executive  Meg Whitman as it warned that revenue for the first quarter and  2008 would fall below Wall Street expectations, despite strong  2007 year-end results.
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Wall Street profits from U.S.   operations may fall 23 percent next year as the economy slows,   corporate earnings growth moderates and fees decline, a new   study shows.
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With news of eBay's Skype-related losses besmirching the VoIP provider's reputation, the company has been making aggressive moves in search of profits to get back on Wall Street's good side.
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U.S. technology stocks rose on  Thursday as a strong quarterly earnings report from eBay Inc.  EBAY.O, the world's largest online market place, helped lift  the Nasdaq and Standard & Poor's 500 indexes.
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U.S. technology stocks rose on  Thursday as a strong quarterly earnings report from eBay Inc.,  the world's largest online market place, helped lift the Nasdaq  and Standard & Poor's 500 indexes.
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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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Internet auction firm eBay (nasdaq: EBAY - news - people ) reported third-quarter earnings a penny above Wall Street estimates. The company said third-quarter earnings came in at 28 cents per diluted share
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NEW YORK - Stocks drifted lower in extremely light trading Monday as a disappointing consumer income report prompted investors to collect profits after two weeks of gains.    While investors were cheered by the Commerce Department's report of a strong rise in consumer spending for July, growth in incomes was nearly flat...
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Wall Street&#39;s earnings growth, fuelled by two years of robust trading gains, is showing signs that it might taper off in coming quarters as a sluggish stockmarket and a less favourable trading environment take a toll on profits.