eBay Sells 65% Share of Skype for $1.9 Billion
Excerpt from the InvestorGuide.com Stock of the Day on 9/1/2009

When someone mentions eBay, the first thing that probably comes to mind is the company's popular auction and shopping website, used by millions of people around the world to sell their possessions. However, you might not know that eBay also owns Skype, and internet communication company, which allows users to make telephone calls to anyone across the globe, via the internet, for a fee. eBay purchased Skype in 2005 for a total cost of $3.1 billion, and it has been viewed as a troublesome purchase for the company. Today, however, eBay announced that they are selling Skype. What are the arrangements of the deal, and how will it affect eBay? More >

InterContinental Slides into Red
Excerpt from the InvestorGuide.com Stock of the Day on 8/11/2009

This is the time that families are typically packing up their cars or boarding flights to take one last vacation before the summer ends. Rising prices and declining incomes have dampened those plans. Industries that once thrived during the vacation season have watched profits decline each month. Intercontinental Hotels, owner of the Holiday Inn chain, is the latest company feeling the heat as consumers opt out of taking vacations. The hotel company posted a net loss of $56 million in the second-quarter after writing down the value of some of its recession-hit businesses. Why is the company still in the red despite a turnaround in the economy? How long will a recovery take? More >

Amazon Acquires Shoe-Retailer Zappos
Excerpt from the InvestorGuide.com Stock of the Day on 7/23/2009

Amazon.com has made headlines numerous times in its 14 year history, for acquisitions, strong earnings, and other momentous news reports. Yesterday's announcement, however, may be considered the biggest one of them all. Amazon announced that they will be acquiring the hugely-popular online shoe retailer Zappos.com, in a deal that will be Amazon's largest acquisition ever. Why has Amazon - a site that focuses primarily on books, movies, and other media – decided to spend so much to acquire a shoe store, and how might this acquisition change the brand and attitude of Zappos? More >