eBay 1st-qtr profit, revenue fall on weak economy but beat analyst expectations

eBay 1st-qtr profit, revenue fall on weak economy but beat analyst expectations

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eBay 1st-qtr profit, sales fall on weak economy
NEW YORK — EBay Inc. said Wednesday the weak economy led to lower earnings and revenue for the second consecutive quarter, but the online marketplace operator’s results still beat analysts’ expectations. The first-quarter numbers helped eBay shares shoot up 79 cents, or 5.4 percent, in after-hours trading, after [...]

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