Owners of auction website Allegro aim for Warsaw listing in September: sources
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eBay (EBAY) Confirms Sale of eBay Classifieds Group to Adevinta for $9.2B
July 21, 2020 5:53 AM EDTeBay Inc. (NASDAQ: EBAY) and Adevinta ASA today announced they entered into a definitive agreement for eBay to transfer its Classifieds business to Adevinta for a total consideration valued at approximately $9.2 billion, based on the closing trading price of Adevinta shares on the Oslo Stock Exchange on July 17, 2020. As part of the transaction, eBay will receive $2.5 billion in cash and approximately 540 million Adevinta shares which would represent an equity stake of approximately 44% based on the number of Adevinta's outstanding shares, as of the end of the second quarter, and a ~33.3% voting... More
Amazon.com (AMZN) PT Raised to $3,350 at MKM Partners
July 20, 2020 8:15 AM EDTMKM Partners analyst Rohit Kulkami raised the price target on Amazon.com (NASDAQ: AMZN) to $3,350.00 (from $2,525.00) while maintaining a Buy rating.
The analyst comments "We are increasing our 2020 and 2021 Revenue & EPS estimates (again). Our 2021 Revenue estimates are now 8% above pre-Covid levels, but... More
