Tag Archives: ebay

Carl Icahn Push for PayPal Spinoff Lifts EBay Stock

EBay (EBAY) stock was up 1% in early trading in the stock market today, near 55, a day after the payment and e-commerce giant disclosed that activist investor Carl Icahn had taken a 0.82% stake in the company and proposed that it spin off PayPal. EBay’s board rejected that idea, but Icahn also nominated two of his employees for seats on eBay’s board. The company late Wednesday also reported mixed Q4 results and gave a Q1 outlook below Wall Street

#PreMarket Primer: Thursday, January 23: Syrian Peace Conference Off To A Volatile Start

The much anticipated Syrian peace conference got off to a rocky start on Wednesday in Montreux, Switzerland. US Secretary of State John Kerry started the talks off by calling for Syrian President Bashar al Assad’s removal from power. Syrian

EBay, PayPal Should Be Split, Says Investor Icahn

EBay late Wednesday disclosed that activist investor Carl Icahn has taken a 0.82% stake in the company and proposes that it spin off PayPal, an idea the board rejected. EBay (EBAY) stock was up 5% in after-hours trading, after the company disclosed it’s the latest big-name tech target of the noted investor. Icahn has nominated two of his employees for election to eBay’s board. The e-commerce and payments company also released Q4 earnings that just