Tag Archives: ebay

Analysts say slow U.S. holiday sales might cause eBay (EBAY) to post lighter-than-expected revenue when it reports fourth-quarter results after the market close Wednesday. A poll of 42 analysts by Thomson Reuters finds they, on average, expect the payments and e-commerce powerhouse to post EPS minus items of 80 cents, up 14% from 70 cents in the year-earlier quarter. Sales are pegged at $4.54 billion, up 14%. In the current quarter, analysts are

EBay (EBAY) said Thursday that it’s completed its $800 million cash acquisition of smartphone and tablet payment app specialist Braintree. The deal to acquire the Chicago-based company was announced on Sept. 26. EBay says Braintree will now operate as a separate service within its PayPal unit. Braintree CEO Bill Ready will report to PayPal President David Marcus and has joined PayPal’s executive staff. EBay also said Braintree’s Venmo, a mobile