eBay Inc (NASDAQ:EBAY) will be reducing its global workforce by 7 percent, representing about 2,400 staff worldwide, as the e-commerce giant is reeling from the effects of a cyber-attack that forced it to ask customers to reset their passwords. “Eliminating jobs is never easy, but these decisions were necessary,” CEO John Donahoe said in a…
Tenet Healthcare Corp (THC), YPF SA (ADR) (YPF), eBay Inc (EBAY): Top 3 Holdings of Qvt Financial LP
Qvt Financial LP is a privately owned hedge fund that invests in equity, debt markets, the public equity and debt markets globally. The firm creates its portfolios by investing in structured finance, high yield distressed debts, and private placements. The top three holdings of Qvt Financial LP for the third quarter ended September 30, 2014,…
Yahoo! Inc. (YHOO), eBay Inc (EBAY), Iron Mountain Incorporated (IRM): Top 3 Holdings of Owl Creek Asset Management
Owl Creek Asset Management is an employee-owned investment manager that provides its services mainly to pooled investment vehicles. The firm also offers services to individuals, investment companies, trusts, among other entities. Yahoo! Inc. (NASDAQ:YHOO), eBay Inc (NASDAQ:EBAY), and Iron Mountain Incorporated (NYSE:IRM) emerged top of Owl Creek Asset Management holdings according to the SEC 13F…
NetEase, Inc (ADR) (NTES), eBay Inc (EBAY), Motorola Solutions Inc (MSI): Top 3 Holdings of Orbis Investment Management LLC
Orbis Investment Management LLC is an employee-owned investment manager that invests with a value oriented, contrarian, and long-term approach. The firm offers its services to both institutions and individuals. According to the SEC 13F filings of Orbis Investment Management LLC, covering the period ended September 30, 2014, NetEase, Inc (ADR) (NASDAQ:NTES), eBay Inc (NASDAQ:EBAY), and…
Alibaba Group Holding Ltd (BABA), Gilead Sciences, Inc. (GILD), eBay Inc (EBAY): Top 3 Stock Holdings of Tiger Management
Tiger Management is run by the hedge fund legend Julian Robertson and as per the recent SEC 13F filing of Tiger Management on November 14, Alibaba Group Holding Ltd (NYSE:BABA), Gilead Sciences, Inc. (NASDAQ:GILD), eBay Inc (NASDAQ:EBAY) are its top stock holdings. Tiger Fund Management has portfolio investments exceeding $377 million with 50 stocks in…
Apple Inc. (AAPL), CVR Energy, Inc. (CVI), eBay Inc (EBAY): Top 3 Stock Holdings of Icahn Carl C
Icahn Carl C is among one of the most prestigious investment managers of the world with Apple Inc. (NASDAQ:AAPL), CVR Energy, Inc. (NYSE:CVI), eBay Inc (NASDAQ:EBAY) as its primary stock holdings. As per its recent SEC 13F filing on November 14, the major investments of Icahn Carl C are in Industrial and information technology sector.…
Ebay Inc (EBAY) Facing Challenge From Luxury Retailers, Reduces 2014 Revenue Forecast Amid Market Concerns
EBay Inc (NASDAQ:EBAY) has joined the list of companies that have cut down their 2014 revenue projections due to a blurry fourth quarter. The outlook is a sign of lower than expected shopping over the coming holidays. The company had initially given a 2014 revenue outlook of between $18 billion and $18.3, but has now…
eBay Inc (EBAY)’s Shares Skyrocket Post PayPal Spinoff Decision, Investors Applaud the Move
The shares of eBay Inc (NASDAQ:EBAY) skyrocketed after the company agreed to spin off its online payment division, PayPal. The market as well as investors has welcomed the decision, which will help the e-commerce giant to focus on its core business and offer more growth opportunities for PayPal in the evolving online payment industry. Carl…
Alibaba Group Holding Ltd (BABA) Poses Bigger Threat to Amazon.com, Inc. (AMZN) and eBay Inc (EBAY) in Overseas Markets
A company larger than the market value of two major e-commerce companies of U.S. including Amazon.com, Inc. (NASDAQ:AMZN) and eBay Inc (NASDAQ:EBAY) makes its record debut at $25 billion in U.S.- yes, it is certainly Alibaba Group Holding Ltd (NYSE:BABA). The question arises that is U.S. market the next target of this e-commerce giant. Alibaba…
EBay Inc (EBAY) Removes Controversial Red Stained Kent State Sweatshirt from Listings
EBay Inc (NASDAQ:EBAY) has brought down a Kent State sweatshirt from its listings, citing a policy against the selling of items linked to disasters or tragedies. The sweatshirt, which looked like it was stained with blood, had generated lots of controversies from several quarters, leading to eBay’s action. EBay takes “proactive measures to identify listings…
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