-
eBay Shares Down Following News President of PayPal Will Step Down
Monday, June 9, 2014 - 4:41pm | 99Shares of eBay (NASDAQ: EBAY) are down more than two percent in after-hours trading Monday as the company announced that David Marcus, president of PayPal will be leaving the company. Marcus will be joining Facebook (NASDAQ: FB) to lead its messaging products. eBay reassured investors by...
-
PayPal to 'Launch' Space Payment Initiative
Thursday, June 27, 2013 - 2:41pm | 520PayPal announced on Thursday that it was “launching” PayPal Galactic in partnership with the SETI Institute and astronaut, Buzz Aldrin. You know this has happened to you before. You’re flying around in space and you get halfway around the moon and you run out of antimatter. (If you’re not a...
-
Did Comcast Overpay for NBC?
Wednesday, April 10, 2013 - 2:46pm | 505NBC, one of the nation's least popular TV networks, is in serious trouble. In February, the Los Angeles Times' Scott Collins detailed NBC's painful decline. "The Broadway drama 'Smash'…bombed on its return, with low ratings that shocked even TV veterans," Collins wrote. "The medical thriller 'Do...
-
Investors Are 'Looking Backwards' at AIG
Wednesday, April 10, 2013 - 11:16am | 605Are investors missing out on a great opportunity by avoiding AIG (NYSE: AIG)? According to Evermore Global Advisors co-founder, CEO and CIO David Marcus, the answer is yes. "Our largest holding today is AIG," Marcus told Benzinga. "I know a lot of value investors are starting to buy it. We've had...
-
Activision Could be a "Natural" Buy for Microsoft
Friday, April 5, 2013 - 4:08pm | 391Less than one year ago, Vivendi explored the possibility of selling Activision (NASDAQ: ATVI). The French conglomerate ultimately decided to hold onto its 62 percent stake in the Call of Duty maker. As Vivendi sells off other assets, however, there is always the possibility that it may one day...