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Wedbush Cuts Price Target on eBay (EBAY) Following 3Q Beat

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eBay Inc. Reports Third Quarter 2016 Results

October 19, 2016 4:15 PM EDT

Gross Merchandise Volume of $20.1 billion Revenue of $2.2 billion GAAP and Non-GAAP EPS per diluted share of $0.36 and $0.45, respectively, on a continuing operations basis Repurchased $500 million of common stock

SAN JOSE, Calif.--(BUSINESS WIRE)-- eBay Inc. (NASDAQ: EBAY), a global commerce leader, delivered gross merchandise volume (GMV) for the quarter ended September 30, 2016 of $20.1 billion, increasing 5% on a foreign exchange (FX) neutral basis and 3% on an as-reported basis. Revenue for the quarter... More

StubHub Global Survey Finds Live Experiences Hold the Keys to Happiness

October 18, 2016 6:10 AM EDT

People around the world say that live event experiences lead to greater happiness and human connection than the use of social media or mobile phones.

SAN FRANCISCO--(BUSINESS WIRE)-- StubHub, the worlds largest ticket marketplace, and consumer insights firm Trendera today released the results of a new global study that demonstrate the power of live experiences on happiness and social connection. Exploring the attitudes and behaviors of consumers in 20 cities around the world, the study highlights the extreme and often surprising lengths to which people would go to see their favorite acts, including giving... More