eBay Inc EBAY sees heavy option activity in the midst of a broader market pullback: related news

eBay Inc. (EBAY) sees heavy option activity in the midst of a broader-market pullback

The entire tech sector is dropping into the red this afternoon, pulled lower by broad-market weakness. One of the largest losers in the group this afternoon is online auctioneer eBay Inc. (EBAY: View sentiment for EBAYsentiment, chart, options) . However, this isn't a good enough reason for the drop – at least not in my eyes – so I went digging about to find some sort of news for the auction giant. One story I found was that PayPal's Pay Later credit service is now available for EBAY purchasers. As of yesterday, EBAY purchasers in the U.S. can take advantage of Pay Later's financing offer of no payments for 90 days for qualifying purchases between $50 and $199. While this is great news for me and my quest for an authentic 70's-era Bengals jersey (anyone have any leads for me?), I don't see this news as the reason the shares have dropped n

EBay (EBAY) NewsBite - EBay Price Target Slashed

EBay Inc. (EBAY) opened at 27.09. So far today, the stock has hit a low of 25.95 and a high of 27.43. EBAY is now trading at 27.22, down 0.27 (-1.00%). The stock hit its 52 week high of 40.73 in October and set its 52 week low of 25.10 in March. EBAY has been dropping for most of the past year. A RBC Capital Markets analyst cut his price target on the stock today to $35 from $40, and said the effect of deals with large online retailers the company's revenue may be more muted due to less-favorable terms. The company had signed a deal with Buy.com allowing it to sell books, electronics and other items on eBay's Website without paying the full complement of fees. Technical indicators for the stock are bearish but slightly improving while S&P gives EBAY a very positive 5 STARS (out of 5) strong buy rating.

Anticipation Builds for Seventh Annual eBay Live! Conference

SAN JOSE, Calif.-- (BUSINESS WIRE) -- eBay Inc. (Nasdaq:EBAY) (www.ebay.com) today announced that as anticipation builds for the seventh eBay Live Community conference, the last such event until 2010, registration is rapidly filling up. Held this year in Chicago, June 19-21, at McCormick Place West convention center, eBay bills the event as an unrivaled opportunity for eBay sellers from around the world to network with fellow eBay Community members, meet tradeshow exhibitors, and attend educational sessions to learn about best practices for buying and selling on eBay. The event sold out last year, so interested parties are encouraged to sign up via: http://pages.ebay.com/ebaylive.

Anticipation Builds for Seventh Annual eBay Live! Conference

SAN JOSE, Calif. --(Business Wire)-- eBay Inc. (Nasdaq:EBAY) (www.ebay.com) today announced that as anticipation builds for the seventh eBay Live Community conference, the last such event until 2010, registration is rapidly filling up. Held this year in Chicago, June 19-21, at McCormick Place West convention center, eBay bills the event as an unrivaled opportunity for eBay sellers from around the world to network with fellow eBay Community members, meet tradeshow exhibitors, and attend educational sessions to learn about best practices for buying and selling on eBay. The event sold out last year, so interested parties are encouraged to sign up via: http://pages.ebay.com/ebaylive.

Craigslist's Response To eBay: We Had To Do It!

After eBay sued Craigslist, Craigslist's initial responses were rather weak. eBay made a pretty strong case arguing that Craigslist's board had unilaterally diluted eBay's shares -- which seems pretty questionable. Craigslist initially shot back by accusing eBay of doing the same things eBay was accusing Craigslist of doing -- but that was somewhat misleading. eBay wasn't complaining about the specific actions Craigslist was taking -- but the fact that they had done so unilaterally, despite eBay's ownership stake and board position. Then, Craigslist countersued eBay with a laundry list of charges that effectively amounted to "we don't like them being on our board." Both of these responses were a bit disappointing. While I like Craigslist, and respect Craig and Jim, they still hadn't explained why it was legal for them to unilaterally dilu

EBay Abandons Plans For PayPal Monopoly

An anonymous reader writes "eBay's has lost its fight to ban all payment methods except PayPal. When Paypal originally announced the scheme it was to be global, but they began with a dry run in Australia to test the reaction of government and consumer authorities. In the public slanging match that followed between eBay and the regulatory ACCC, eBay spammed users claiming it was fighting for 'safety benefits for consumers.' Fortunately the consumers won. Conceded eBay vice president Simon Smith, 'While we disagree with the ACCC's draft notice, we have decided to withdraw the notification to stop any further confusion and disruption among the eBay community.' Nevertheless eBay insists PayPal is now always offered as a payment option. Have big corporations finally learned that they can go too far? More chillingly, if eBay had launched the sc

eBay Inc. Applauds Court's Rejection of Tiffany Counterfeit Claims

SAN JOSE, Calif., BUSINESS WIRE -- eBay Inc. (Nasdaq:EBAY)(www.ebay.com) today praised a federal judge's ruling in the Tiffany vs. eBay trademark case, affirming the company's leading efforts to fight counterfeits and to support consumer choice to buy and sell authentic merchandise online. The U.S. District Court for the Southern District of New York also declared that eBay takes appropriate steps to remove suspected counterfeit listings as part of the company's additional efforts to provide a safe and trusted marketplace. Furthermore, the court also found that Tiffany was responsible for policing its own trademark on eBay.

eBay Watch: iPhone Apps, Free eBay Alternative

EBay delays mandatory shipping specifications until August, eBay apps for the new iPhone are out now and eBay offers Fixed Price listings promotions. Plus, we take a look at the free eBay alternative selling site, Flippid.com, and also offer hints and tips from eBay sellers.

eBay Announces Marketplaces Executive Changes

SAN JOSE, Calif.-- (BUSINESS WIRE) -- eBay Inc. (Nasdaq:EBAY) today announced executive changes to its global Marketplaces business. Effective in October, Rajiv Dutta, President, eBay Marketplaces, will retire from the company. Succeeding Dutta as President, eBay Marketplaces, is Lorrie Norrington, who most recently was President of eBay Marketplaces Operations. She will report to eBay President and CEO John Donahoe.

eBay Announces Marketplaces Executive Changes

SAN JOSE, Calif., BUSINESS WIRE -- eBay Inc. (Nasdaq:EBAY) today announced executive changes to its global Marketplaces business. Effective in October, Rajiv Dutta, President, eBay Marketplaces, will retire from the company. Succeeding Dutta as President, eBay Marketplaces, is Lorrie Norrington, who most recently was President of eBay Marketplaces Operations. She will report to eBay President and CEO John Donahoe.

eBay Announces Marketplaces Executive Changes

SAN JOSE, Calif., BUSINESS WIRE -- eBay Inc. (Nasdaq:EBAY) today announced executive changes to its global Marketplaces business. Effective in October, Rajiv Dutta, President, eBay Marketplaces, will retire from the company. Succeeding Dutta as President, eBay Marketplaces, is Lorrie Norrington, who most recently was President of eBay Marketplaces Operations. She will report to eBay President and CEO John Donahoe.

EBay quarterly profit rises, but shares fall on outlook

Online auction house eBay Inc. said yesterday that its second-quarter profit jumped 22 per cent, as the company enjoyed strong growth in its e-commerce sites and its PayPal payments service. But eBay's outlook for the current quarter was softer than analysts had been forecasting, and the company's shares fell in after-hours trading after closing up $1.21 at $28.10. EBay earned $460-million, or 35 cents a share, compared with $376-million, or 27 cents, in the year-ago quarter. Excluding certain items, eBay earned 43 cents a share. That beat Wall Street's forecast for 41 cents a share. EBay's revenue rose 20 per cent to $2.2-billion. Analysts polled by Thomson Financial had been looking for $2.17-billion. EBay expects third-quarter earnings of 30 cents to 32 cents a share, or 39 cents to 41 cents a share on an adjusted basis, and $2.

Competing With Keywords Increases Your Ebay Sales!

Ebay is the largest and most popular online marketplace on earth! And with this, it is only obvious that ebay is highly competitive, for both the Ebay buyers as well as for Ebay sellers. With millions of entries in the eBay store, it is necessary to use appropriate keywords to manage the store. A keyword is nothing but a significant word in the title or description of an item. Therefore, keywords used in the listing needs to be directly relevant to the items being sold. The right keywords will result in your item being pulled up more often by ebay search, the wrong keyword would result in your item being virtually invisible!

eBay Picks Buyers Over Small-Time Sellers

Every time we've mentioned eBay lately, we've received a long list of complaints in the comments about how awful eBay is. It's become quite clear that there's plenty of dissatisfaction with the company -- and a big part of the problem seems to be figuring out who eBay is really representing: buyers or sellers. In theory, as an impartial marketplace, eBay should be able to serve both sides. After all, you need both sides to be happy to make the marketplace truly effective. However, with growing concerns of fraud on eBay, it seems that the company has recognized that it's more important to focus on improving the experience for buyers -- and less so for sellers, especially the smaller sellers. Witness eBay's recent change to ban sellers from offering feedback on buyers.

eBay Inc. (EBAY) Corporate Event Announcement Notice

Jun 11, 2008 (Wall Street Horizon via COMTEX) -- EBAY | Quote | Chart | News | PowerRating -- style='font-size:11px;'>eBay Inc. (EBAY)

Illegal Ivory Trade Thrives on eBay Despite Year-Old "Ban"

June 5, 2008 — Despite eBay Inc.’s announcement exactly one year ago today of a global ban on all international trade in elephant ivory, investigators with IFAW (International Fund for Animal Welfare; www.ifaw.org) have found that auctions of illegal or potentially illegal ivory have skyrocketed on eBay in the U.S. Further, eBay Canada faces persistent challenges as U.S.-based sellers of ivory list their contraband on the Canadian site. This increase in North American eBay ivory auctions is in stark contrast to a large reduction of such activity in some foreign countries where eBay affiliates have severely restricted or banned the trade in ivory completely.

Optimism Remains Heavy on Downtrending eBay

Ahhh, the king of online shopping -- or maybe the Mecca of Internet auctioning -- is eBay (EBAY: View sentiment for EBAYsentiment, chart, options) . I am not going to act like I am a stranger to a website that is almost entirely devoted to the art of shopping (yes, art), but for those of you who may not be familiar with the eBay concept, it is an online marketplace for the sale of goods and services, online payment services, and online communications. It functions through more than just the popular eBay.com website; it also enables online commerce through kijiji, gumtree.com, loquo.com, opusforum, half.com, rent.com, and stubhub.com, among others. The communications segment of EBAY operates through Skype, which is software that allows users to make telephone calls over the Internet.

eBay Roadmap Creates Fast Lane for Large Sellers

eBay's Product Roadmap reveals eBay's intention to make it easier for large merchants to conduct business on the site. At its recent Developer's Conference in Chicago, eBay announced its Web Services would provide better API and business process support for large sellers. Merchants will be able to manage their entire business without going to My eBay and will be able to organize information by SKU instead of ItemID. eBay also promised faster processing and fewer timeouts with asynchronous bulk interface.

eBay UK Makes Gallery Free for the Summer

eBay UK told users they could use the optional Gallery feature for free in a special summer-time promotion. From May 19 through September 30, the gallery picture listing upgrade on eBay.co.uk and eBay.ie will be free. (eBay made Gallery free for sellers on the US eBay.com website earlier this year.) All other fees apply, see website for details and restrictions.

EBay Deal Irritates Individual Sellers

Dekortage writes "EBay's recent deal with Buy.com appears to be seriously irritating its veteran individual sellers. The deal allows Buy.com and other large fixed-price retailers to list millions of items on eBay without paying listing fees, and appears to be the direction that eBay will follow in the future. Understandably, individual sellers are outraged. 'I've paid eBay many hundreds of thousands in fees over the past several years and believed them when they talked about a level playing field. And they just plain and simple are going back on their word.' This comes after the dire prediction that eBay is losing its popularity."

eBay Motors Experiencing Slump in Auto Demand

There is no doubt EBAY Motors has been an incredible success story for EBAY. In 2007, EBAY Motors GMV totalled $17.5B, representing an astounding 29.6% of EBAY's overall GMV. This makes EBAY Motors roughly 3x the size of the next largest category by GMV, Consumer Electronics.

eBay Announces Star Developer Awards

A tool for accessing eBay on a Nintendo wii gaming system has won eBay's developer award for "Most Innovative Application." The Jaast for Wii from a Germany developer was one of seven applications winning eBay and PayPal developer awards today. eBay announced the awards during its Developers Conference taking place in Chicago this week, immediately preceding its annual eBay Live conference.

Big News Expected at Today's eBay Developers Conference

eBay is kicking off its 3-day Developer's Conference on Monday for eBay, PayPal, Skype, Shopping.com and ProStores. eBay DevCon speakers will be addressing the importance of open platforms in improving user experiences, boosting customer loyalty and engagement, and helping entrepreneurial developers monetize their applications by taking advantage of leading ecommerce API platforms on the Web. eBay will reveal its hush-hush "Project Echo" for the eBay platform today during the keynote address that kicks off at 9:30 am Central time.

Canada Post introduces Flat Rate Box for eBay users

eBay and Canada Post co-branded Flat Rate Box will simplify selling and shipping for eBay sellers TORONTO (CNW) - Canada Post and eBay Canada today announced the launch of a Flat Rate Box for eBay sellers in response to growing demand for a simple, convenient and environmentally sound shipping solution for items bought and sold on eBay.ca.

Ebay Fined $61M By French Court For Sales of Fake Goods

A court in France ordered eBay to pay more than 61 mega-dollars to the parent company (LVMH) of Givenchy, Fendi, Marc Jacobs and Louis Vuitton, because a user sold fake goods on the website. eBay has been sued by other 'luxury goods' vendors (such as Tiffany's (US), Rolex (Germany) and L'Oreal (EU)). Problems stem from some companies demanding that their merchandise (even legal merchandise) not be displayed nor sold as it is a violation of their 'property.' Others have complained that eBay is too slow to take down claims. Apparently eBay was hit with two violations: 1) eBay illegally allowed legitimately purchased and owned products made by LVMH to be resold on its website by 3rd parties not under the control of LVMH, and 2) not doing enough to protect LVMH's brands from illegal sales.

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