Sotheby's Shares Sink As Salaries Boost Q2 Expenses
at Investor's Business Daily - Fri Aug 08, 11:08AM CDT
Sotheby's (BID) shares are down after the fine-art auction house fell far short of second-quarter views due to a special charge and increased costs and salaries. Earnings per share dipped 16.5% to $1.11 due in part to an after-tax special charge of...
MercadoLibre Stock Jumps After Q2 Thumps Estimates
at Investor's Business Daily - Fri Aug 08, 10:14AM CDT
MercadoLibre stock was up 14% in morning trading on the stock market today after the Latin American e-commerce leader's Q2 earnings late Thursday walloped Wall Street estimates. MercadoLibre's (MELI) earnings rose 7% over the year-earlier quarter to...
IT Market in Indonesia 2014-2018
M2 - Fri Aug 08, 5:22AM CDT
Research and Markets (http://www.researchandmarkets.com/research/sjhvbp/it_market_in) has announced the addition of the "IT Market in Indonesia 2014-2018" report to their offering. The IT market in Indonesia will grow at a CAGR of 12.2 percent over the period 2014-2018. E-commerce activities in Indonesia have witnessed rapid development in recent years. The trend is driven by increased spending by the middle-class population, availability of low-cost mobile devices, and high internet penetration in the country. In 2013, about 2 percent of the population of Indonesia shopped online and the figures are likely to double by 2016. There has also been a significant increase in the number of competitors in the E-commerce market in Indonesia, including leading companies such as Rakuten Inc., eBay Inc., and Sumitomo Corp. In addition, local start-ups and state-owned utility companies have joined the race, sensing the increased popularity of e-commerce. According to the report, one of the major drivers in this market is the sustained and planned support by the government to develop the market. The Indonesian government has introduced many initiatives that have offered good dividends for the market. National ICT policies such as the national fiber optic Papala Ring network are aimed at bridging the digital gap between the rural and urban areas of the country and increasing the internet penetration. Other programs initiated by the government are e-Education, e-Procurement, e-Budget, National Single Window, Single Identity Number or National Identity Number, and the Software Legalization Program that would help develop the overall IT infrastructure. Further, the report states that one of the major challenges is the increase in software piracy. More than 85 percent of the Microsoft software products used in the country are pirated, which is a major challenge for the market. Indonesia is ranked among the top 20 countries with the highest piracy rates in the world. Key End-User Segments - BFSI Sector - Telecommunication Sector - Manufacturing Sector - Government Sector Key Vendors - Acer Inc. - Hewlett-Packard Co. - IBM Corp. - Microsoft Corp. - PT Sigma Cipta Caraka For more information visit http://www.researchandmarkets.com/research/sj..._market_in
Amazon Expands Same-Day Delivery Service to More Cities - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 07, 3:00PM CDT
Amazon.com (AMZN) has announced the expansion of its same-day delivery service to six cities. These include Baltimore, Dallas, Indianapolis, New York City, Philadelphia and Washington DC.
eBay (EBAY) Approaches New Upside Target of $54.21
Comtex SmarTrend(R) - Thu Aug 07, 8:59AM CDT
Shares of eBay (NASDAQ:EBAY) have bullishly opened above the pivot of $53.32 today and have reached the first resistance level of $53.83. Should the shares continue to rise, the resistance pivots of $54.21 and $55.10 will be of interest.
3 Stocks Pushing The Technology Sector Higher
at The Street - Wed Aug 06, 12:03PM CDT
TheStreet highlights 3 stocks pushing the technology sector higher today.
StubHub Music app takes on Live Nation in concerts
By RYAN NAKASHIMA - AP - Tue Aug 05, 6:32PM CDT
LOS ANGELES (AP) — StubHub, the ticket reselling subsidiary of eBay Inc., is launching its StubHub Music app nationwide as it goes after core music fans in a challenge to Live Nation in the concert business.
RetailMeNot Q2 Earnings, Outlook Fall Short Of Views
at Investor's Business Daily - Tue Aug 05, 3:19PM CDT
RetailMeNot (SALE) stock plunged Tuesday to an all-time low after the company's Q2 sales missed forecasts and its outlook for the rest of 2014 disappointed analysts. The digital coupon provider reported earnings after the market close Monday. Revenue...
ChannelAdvisor Stock Falls On Weak Q2 Customer Data
at Investor's Business Daily - Tue Aug 05, 12:06PM CDT
ChannelAdvisor (ECOM) stock was down more than 27% in midday trading in the stock market today http://www.investors.com/stock-market-today/, a day after ChannelAdvisor gave less-than-expected Q3 guidance and reported weak customer additions. The...
BlackBerry Back On Track?: Tech Winners & Losers
at The Street - Tue Aug 05, 11:29AM CDT
BlackBerry shares rose following reports that its restructuring was completed, while GT shares jumped on full-year earnings giudance and RetailMeNot shares plummeted following disappointing earnings.
RadioShack Is Running Out of Time and Should Just Pull the Plug
at The Street - Tue Aug 05, 11:07AM CDT
The company's new store concept throws good money after bad and won't work either.
Apple-Visa alliance in works?
at Investor's Business Daily - Mon Aug 04, 5:57PM CDT
Tech heavyweight Apple (AAPL) and credit giant Visa (V) may potentially announce a partnership in the mobile payment arena as early as this fall, Pacific Crest Securities said in a report, a move that would negatively impact eBay's (EBAY) online...
Celebrating 20 Years of The Motley Fool Online
David Gardner and Tom Gardner, The Motley Fool - Motley Fool - Mon Aug 04, 3:01PM CDT
This was written by brothers and Fool co-founders David and Tom Gardner. Twenty years ago today, on Aug. 4, 1994, The Motley Fool was born online. We'd started a year before as a print newsletter for friends and family. It was truly motley:...
Remembering How I Found The Fool
Jeff Fischer, The Motley Fool - Motley Fool - Mon Aug 04, 2:37PM CDT
I remember the day very clearly. A sunny, temperate August afternoon in Chicago, when I hopped into my car and drove to the local Best Buy to pick up a bulky, state-of-the art IBM PS 2 desktop computer. I was going to use it for word...
Mobileye Surges After IPO: Tech Winners & Losers
at The Street - Mon Aug 04, 11:01AM CDT
Mobileye shares rose after a strong IPO, while Groupon shares rose ahead of earnings and Apple shares fell slightly following speculation about an e-commerce partnership with Visa.
Apple, Visa Mobile Payments Coming With iPhone 6?
at Investor's Business Daily - Mon Aug 04, 10:44AM CDT
Apple (AAPL) and Visa could soon announce an alliance in mobile payments, Pacific Crest Securities speculated in a research note Monday. Such an Apple-Visa partnership would be a negative for eBay's (EBAY) PayPal, Pac Crest says. Apple is expected to...
How You Make Payments Will Drastically Change in Coming Years
Brian Nichols, The Motley Fool - Motley Fool - Mon Aug 04, 10:00AM CDT
In the last five years, technology has moved in a direction that now has experts believing that the way we process payments is about to drastically change. Visa has been at the forefront of payment solutions for decades, now operating in more than...
How Will US Data Companies Suffer In The Wake Of The Snowden Leaks?
at The Street - Mon Aug 04, 9:29AM CDT
By Ben Levine for Kapitall. Just over a year ago, the Edward Snowden leaked classified NSA documents detailing the agency's PRISM [...]
eBay Earnings In Retrospect: Up 3.6% in the Last 19 Days (EBAY)
Comtex SmarTrend(R) - Mon Aug 04, 7:11AM CDT
Two weeks ago on July 16th, 2014 eBay (NASDAQ:EBAY) reported earnings and analysts, on average, expected earnings of $0.68 on sales of $4.4 billion. eBay actually reported earnings of $0.69 per share on sales of $4.4 billion, beating EPS estimates by $0.01 and missing revenue estimates by $23.3 million. Shares of eBay have climbed from $50.70 to $52.53, representing a gain of 3.6% since the company reported earnings 19 days ago.
Next Support Level for eBay (EBAY) is $52.45
Comtex SmarTrend(R) - Fri Aug 01, 11:43AM CDT
Shares of eBay (NASDAQ:EBAY) have bearishly opened below the pivot of $52.85 today and have reached the first support level of $52.64. Investors may be interested in a cross of the next downside pivot targets of $52.45 and $52.05.