eBay (EBAY) Tops Q4 EPS by 1c; Enters Standstill Agreement with Icahn

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eBay (EBAY) Stock Up on Relaxed Takeover Defenses - Icahn

January 22, 2015 12:37 PM EST

On CNBC, Carl Icahn said he believes eBay (NASDAQ: EBAY) stock is up today because of terms on the takeover defenses he negotiated, which is more favorable to shareholders if a deal comes about for PayPal. Icahn said he doesn't know... More

eBay (EBAY) Outlook 'Disappointing', Evercore ISI Says; PT Cut to $47

January 22, 2015 8:19 AM EST

Evercore ISI analyst Ken Sena reiterated a Sell rating and lowered his price target on eBay (NASDAQ: EBAY) to $47.00 (from $49.00) calling the outlook "disappointing" and noting weakening business trends.

Sena commented, "eBay reported a disappointing 2015 outlook across most key metrics, including revenues 6% below street (or 7-10% growth x-FX). However,... More

eBay (EBAY) Numbers Trimmed at Baird Post Q4 But All Eyes on Spin-Off

January 22, 2015 8:10 AM EST

Baird analyst Colin Sebastian reiterated an Outperform rating and $61 price target on eBay (NASDAQ: EBAY) following mixed Q4 results, with weak Marketplace growth largely offset by healthy PayPal merchant services.

Sebastian commented, "As feared, Marketplace disruptions (password breach/Google changes) and FX... More

eBay (EBAY) PT Bumped to $58 at RBC Capital Posts Q4

January 22, 2015 8:07 AM EST

RBC Capital analyst Mark Mahaney bumped his price target on eBay (NASDAQ: EBAY) to $58.00 (from $55.00) following Q3 results while maintaining a Sector Perform rating.

"EBAY posted in-line Q4 results, but issued 15 guidance materially below The Street," the analyst commented.... More

eBay (EBAY) Adds Two New Directors

January 21, 2015 4:35 PM EST

eBay (NASDAQ: EBAY) announced the appointment of Perry Traquina and Frank Yeary to its board of directors. Separately, the company also announced it has entered into a standstill agreement with Carl Icahn, the companys largest active shareholder.

We are delighted to add Perry and Frank, two outstanding and independent directors, to our board, said John Donahoe, President and CEO of eBay Inc. Their appointments are the result of significant effort by the nominating committee over the last several months to find talented new directors who will contribute valuable expertise to eBay... More

Icahn Comments on eBay (EBAY) Agreement

January 21, 2015 4:33 PM EST

A GREAT STEP FORWARD FOR EBAY, FOR PAYPAL

AND FOR CORPORATE GOVERNANCE GENERALLY.

New York, New York, January 21, 2015 Today Carl C. Icahn released the following statement regarding eBay Inc.:

Today we entered into an agreement with eBay whereby one of our representatives, Jonathan Christodoro, will join eBays board of directors and have the ability to transition to PayPals board once the spin-off occurs. eBay also agreed that PayPals charter documents will contain a number of corporate governance provisions that we suggested and which we... More