Friday, January 24, 2014

Epic Research Singapore : EBAY Inc.

EBay Inc. EBAY +0.29%  posted a 13% sales gain, due in part to a 19% rise at its PayPal unit. Its shares jumped 7.5% in after-hours trading. The online marketplace said Carl Icahn, who holds an 0.8% interest in eBay, is pushing for it to spin off its payments arm PayPal into a separate company.  

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