EBay warns of weaker 2008 results
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EBay Inc  warned that  2008 results would fall below Wall Street expectations, sending  its shares more than 5 percent, even as it confirmed  long-serving Chief Executive Meg Whitman would step aside.
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EBay Inc said on Wednesday it had a strong quarterly performance in auctions, masked by a big net loss due to a write-down, and that its full-year earnings would be at the top end of expectations.
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BetaNews is reporting that the auction site will be dropping Microsoft&#39;s .NET support somtime in January 2005. &quot;Auction site eBay announced to members on its Web site Wednesday afternoon that it will drop
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The case for a losing year in 2008 for this leading electronics retailer.
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High Street and catalogue retailer Next says weak Christmas and New Year sales will knock Â£5m off its full-year profits.
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Office Depot Inc. warned Tuesday of weaker-than-expected profits for the rest of the year because of disruptions from the string of hurricanes in Florida and poor sales in the rest of North America and in Europe.
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U.S. stocks opened lower on Thursday,  weighed down by disappointing earnings from eBay Inc. and a  lower-than-expected profit forecast from Qualcomm Inc. .
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Pending home sales dipped in November, a trade group for real estate agents said, but the association expects sales to pick up in the second half of 2008.
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Palm warned that its upcoming earnings report could be weaker than expected.
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EBay Inc  warned that results for the current quarter and year would fall below Wall Street expectations, spoiling strong 2007 year-end results and the planned departure of long-serving Chief Executive Meg Whitman.
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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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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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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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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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Yes, they could ruin your year in 2008. Make sure they don't.
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TORONTO (CP) - Celestica Inc. warned Tuesday that its current quarter has been much weaker than expected as the result of reduced orders from major customers.
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U.S. stocks sank on Thursday to fresh  closing lows for 2005 after earnings reports from eBay Inc.  EBAY.O and Qualcomm Inc. QCOM.O disappointed investors.