Jim Cramer on eBay, PayPal Split: Better Late Than Never
eBay announced Tuesday that it plans to spin off its PayPal business into a separate, publicly traded company in 2015.
eBay Downgraded Despite Making the Right Move Spinning Off PayPal
In Tuesday's Analysts' Actions, eBay (EBAY)and Kellog (K) are downgraded while GoPro (GPRO) gets its price target lifted.
Stocks Bounce Back as Tech Stocks Rally but Ford gets Slammed
Stocks fluctuated in midday trading Tuesday, bouncing back in the green after erasing opening gains. Investors were disappointed by today's economic reports on housing and the consumer.
Pimco Brass Calling Brokers to Protect Assets After Gross Exit
Pimco’s current management is manning the phones to keep assets at the firm in the wake of the departure of its founder Bill Gross.
PayPal to Split From eBay, Becoming Separate Publicly-Traded Unit
Mobile payment service PayPal is splitting from eBay and will become a separate and publicly traded company next year.