PayPal Spinoff

One of the most well-known internet acquisitions of 2002 was when eBay Inc (NASDAQ: EBAY) announced it was acquiring PayPal Holdings Inc (NASDAQ: PYPL). Investors who bought eBay shares on the day the deal was announced have done quite well for themselves. What To Know: eBay announced it was...

eBay Inc (NASDAQ: EBAY)'s PayPal announced on Wednesday that it will acquire Xoom Corp (NASDAQ: XOOM), a company engaged in digital consumer-to-consumer international money transfers, for $890 million or $25 per share. The acquisition represents an approximate 21 percent premium to Xoom...

On Tuesday, Carl Icahn exerted his influence on Wall Street once again. With the announcement that eBay Inc (NASDAQ: EBAY) is spinning off PayPay, Icahn dictated the actions of yet another major company. Rally Overdone In Premarket Trading The Street's immediate reaction to the news in...

On Tuesday morning, eBay Inc (NASDAQ: EBAY) announced it will separate PayPal from the company next year. Shares of eBay opened more than 7 percent higher, making millions for prominent shareholders like Carl Icahn, Yacktman Asset Management and Fir Tree Partners. The split is expected to...

eBay Inc (Nasdaq: EBAY) today announced Dan Schulman is joining the company as the new President of PayPal, effective immediately. Schulman will become Chief Executive Officer of PayPal following the planned separation of the business into an independent, publicly traded company in the second half...

U.S. stocks closed the day slightly lower as investors digested news that China's exports dropped significantly. Philadelphia Fed Chief Charles Plosser said in a speech today that February's harsh winter likely curbed jobs growth in the month. Plosser's remarks echo similar sentiments by other...

Major indices continued to plummet on Friday with no economic data released that could rejuvenate the market. Investors remain worried about a Chinese slowdown, a mixed-bag of corporate results on Wall Street and possible further tapering just around the corner as the Fed meets again next...

Traders and investors woke up Thursday morning to troubling news out of China. Chinese January HSBC flash PMI declined to 49.6 from a 50.5 in December. The data is re-starting the Chinese slowdown debate and according to Reuters has “reinforced concerns about global growth, especially in...

Here's a look at the top tickers trending on StockTwits.com Netflix: Earnings season champion After Wednesday's closing bell, Netflix (NASDAQ: NFLX) reported its fourth quarter earnings in which both EPS and revenue topped consensus estimates. Investors were jittery going in to the company'...

After the market closed on Wednesday, eBay (NASDAQ: EBAY) announced its fourth quarter results that beat on both EPS and revenue. The good news continued as the company announced a $5 billion buyback plan. eBay also disclosed a non-binding proposal from Carl Icahn who owns a 0.82 percent stake...