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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?

Although the two companies seemed like a strange match, eBay had been optimistic that they could incorporate Skype into their business model, and the company fought hard to outbid other companies including Google (GOOG: Charts, News, Offers). eBay initially had planned to use Skype so that eBay users could talk to each other, although the feature never became popular with users. Starting in April 2008, the company took a year to evaluate Skype and decide how to move forward, and in April 2009 they announced that they would somehow be spinning off Skype. At that point they were considering offering an IPO in 2010, and although they also talked with other companies (including Google), ultimately the deal has moved forward with Silver Lake Partners. More >


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Will EBay Recover From Its Stumbles?
Excerpt from the InvestorGuide.com Stock of the Day on 4/15/2009

EBay has made a killing by learning how to put on a good auction. But when it comes to getting the best price for its own assets, the San Jose based giant doesn't do that great. Over the last couple of days, EBay announced that it is going to be getting rid of a couple of high-profile acquisitions that it made over the last few years, Skype and StumbleUpon. Granted it is a tough market to be selling anything right now, let alone fast growing businesses with a hazy revenue potential, but it doesn't look like Ebay shareholders are going to be getting a great deal for these properties. Ebay's stock has also been more than halved over the last year, so is the company's growth story essentially over? More >

Ebay Beats Q1 Estimates with 24% Surge in Revenues
Excerpt from the InvestorGuide.com Stock of the Day on 4/17/2008

eBay, the world's largest online auctioneer, surprised investors and posted first quarter profits that beat analysts' expectations. During a time when consumers are cutting back on shopping to afford necessities, the company's better-than-expected profits left investors confused. The surprise jump in profits was a result of higher selling fees and increased revenue from its PayPal payment service in foreign countries. How is the company able to raise fees during a recession and become more profitable? Will profits continue to beat estimates or will they sink after the company finishes implementing a number of changes? More >

Google-eBay Union Creates "Click-to-Call"
Excerpt from the InvestorGuide.com Stock of the Day on 8/28/2006

In a coming together of Internet titans, Google (GOOG: Charts, News, Offers) and eBay have announced a union that will make the global marketplace seem a whole lot smaller. This latest alliance will mirror the deal struck between eBay and Yahoo (YHOO: Charts, News, Offers) in May, making Yahoo the exclusive provider of online advertising for domestic traffic on eBay. Not to leave Google out of the equation, eBay has engaged the search engine giant as the sole provider of text advertising on international page views. A second product of the partnership, however, takes advertising to a whole new level. Has this union created every shopper's dream of customer service and convenience, or will the brainchild prove to be a nightmare? More >

eBay Pursues Conventional E-Commerce Market   4/25/2006

EBay Plans To Acquire Skype Technlogies:   9/8/2005

Time To Buy eBay?   4/13/2005

Ebay buys Rent.com for $415 million   12/20/2004

eBay (EBAY) Upgrades

Date
Analyst
Old Rating
New Rating
10/23/2009
Argus Research
Hold
Buy
10/08/2009
Kaufman Bros.
Hold
Buy
09/15/2009
Piper Jaffray
Underweight
Overweight
09/15/2009
UBS
Neutral
Buy
09/10/2009
Janney Montgomery Scott
Neutral
Buy
07/23/2009
Bank of America
Underperform
Neutral

eBay (EBAY) Downgrades

Date
Analyst
Old Rating
New Rating
01/22/2009
Oppenheimer
Outperform
Perform
12/19/2008
Sanford C. Bernstein
Outperform
Market Perform
12/10/2008
Stifel Nicolaus
Buy
Hold
10/16/2008
Piper Jaffray
Buy
Neutral
10/15/2008
Merrill Lynch
Neutral
Underperform
07/17/2008
American Technology Research
Neutral
Sell

eBay (EBAY) New Coverage

Date
Analyst
Rating
01/14/2009
Collins Stewart
Sell
10/31/2008
Wunderlich Securities
Neutral
10/28/2008
Credit Suisse
Neutral
09/09/2008
Stanford
Hold
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