BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[eBay Surges After Hours on Strong Earnings and Bullish Forecast]]>http://www.bloggingstocks.com/2011/01/20/ebay-earnings/http://www.bloggingstocks.com/2011/01/20/ebay-earnings/http://www.bloggingstocks.com/2011/01/20/ebay-earnings/#commentsFiled under: , , , , , ,

ebay reports strong Q4 earningsShares of online retailer eBay Corp. (EBAY) traded sharply higher in after-hours trading following a stronger-than-expected fiscal fourth-quarter earnings report this afternoon.

The company reported earnings of 52 cents per share, beating the 47 cents that analysts had been expecting to see. During the same period last year the company had earnings of 44 cents.

Continue reading eBay Surges After Hours on Strong Earnings and Bullish Forecast

eBay Surges After Hours on Strong Earnings and Bullish Forecast originally appeared on BloggingStocks on Thu, 20 Jan 2011 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>auctione-commerceebayebay earningsebay forecastebay growthfeaturedinternetinthenewsJohn Donahoeonline auctionsrevenuesThu, 20 Jan 2011 09:00:00 EST<![CDATA[Blizzard Hits Retailers Hard]]>http://www.bloggingstocks.com/2010/12/29/blizzard-hits-retailers-hard/http://www.bloggingstocks.com/2010/12/29/blizzard-hits-retailers-hard/http://www.bloggingstocks.com/2010/12/29/blizzard-hits-retailers-hard/#commentsFiled under: , , ,

2010 blizzard cost retailers $1 billionOver the past week, people in the Northeast have been dealing with the after math of the blizzard that struck over the holiday weekend, but even worse hit are retailers that lost out on huge post-Christmas holiday shopping as people were forced to stay at home.

While it is impossible to put an exact number on just how much retailers lost out on, ShopperTrak, who tracks sales and customer traffic at over 70,000 stores and malls, estimated that retailers lost around $1 billion during the blizzard.

Continue reading Blizzard Hits Retailers Hard

Blizzard Hits Retailers Hard originally appeared on BloggingStocks on Wed, 29 Dec 2010 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>blizzarde-commercefeaturedinthenewsmallspost christmasretailretailersShopperTrakshoppingWed, 29 Dec 2010 17:30:00 EST<![CDATA[Amazon Trades Lower Despite Topping Estimates for Third Quarter]]>http://www.bloggingstocks.com/2010/01/28/amazon-trades-lower-despite-topping-estimates-for-third-quarter/http://www.bloggingstocks.com/2010/01/28/amazon-trades-lower-despite-topping-estimates-for-third-quarter/http://www.bloggingstocks.com/2010/01/28/amazon-trades-lower-despite-topping-estimates-for-third-quarter/#commentsFiled under: , , , , , ,

Amazon Fourth Quarter EarningsShares of e-commerce giant Amazon.com, Inc. (AMZN) are trading lower in after hours trading despite posting better than expected earnings this afternoon for its fourth quarter.

Going into this afternoon's earnings release, analysts were expecting to see Amazon show earnings of 72 cents per share, on revenues of $9.04 billion in revenues.

Continue reading Amazon Trades Lower Despite Topping Estimates for Third Quarter

Amazon Trades Lower Despite Topping Estimates for Third Quarter originally appeared on BloggingStocks on Thu, 28 Jan 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplamazonamznapplee-commerceearningsearnings reportsEarningsReportsfeaturedgood newsGoodNewsinternetipadkindlemajor movementMajorMovementonlineonline bookstoresOnlineBookstorestechThu, 28 Jan 2010 18:00:00 EST<![CDATA[Closing Bell: DJIA 10K closer, but elusive (BDK, DNDN, DRIV, KBH)]]>http://www.bloggingstocks.com/2009/10/12/closing-bell-djia-10k-closer-but-elusive-bdk-dndn-driv-kbh/http://www.bloggingstocks.com/2009/10/12/closing-bell-djia-10k-closer-but-elusive-bdk-dndn-driv-kbh/http://www.bloggingstocks.com/2009/10/12/closing-bell-djia-10k-closer-but-elusive-bdk-dndn-driv-kbh/#commentsToday was an odd day considering that the bond traders were out and banks were closed for Columbus Day. There were gains most of the day ahead of earnings season, but we came down substantially off the highs. It still feels like the DJIA will crack 10,000, but the trading is getting choppy as we enter what may be the biggest earnings season in a couple years for growth investors.

Here are today's unofficial closing bell levels:

Dow 9,885.80 +20.86 (0.21%)
S&P 500 1,076.18 +4.69 (0.44%)
Nasdaq 2,139.14 -0.14 (-0.01%)

Top analyst upgrades and analyst downgrades
Top Day Trader Stocks

Continue reading Closing Bell: DJIA 10K closer, but elusive (BDK, DNDN, DRIV, KBH)

Closing Bell: DJIA 10K closer, but elusive (BDK, DNDN, DRIV, KBH) originally appeared on BloggingStocks on Mon, 12 Oct 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BDKDNDNDRIVe-commerceKBHtoolsMon, 12 Oct 2009 16:00:00 EST<![CDATA[Amazon (AMZN) second quarter earnings preview]]>http://www.bloggingstocks.com/2009/07/23/amazon-amzn-second-quarter-earnings-preview/http://www.bloggingstocks.com/2009/07/23/amazon-amzn-second-quarter-earnings-preview/http://www.bloggingstocks.com/2009/07/23/amazon-amzn-second-quarter-earnings-preview/#commentsFiled under: , , , , , ,

amazon earnings previewOnline retailer Amazon (NASDAQ: AMZN) is due to report its second quarter earnings Thursday following the market close, and investors are hoping for a repeat performance of the company's strong first quarter results.

Analysts are expecting the company to report earnings of 31 cents per share. Ironically, when the company was due to report earnings for its first quarter, analysts were also looking for 31 cents per share, but Amazon was able to easily beat out those estimates by posting 41 cents a share for the first quarter.

Continue reading Amazon (AMZN) second quarter earnings preview

Amazon (AMZN) second quarter earnings preview originally appeared on BloggingStocks on Thu, 23 Jul 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AmazonAMZNauctionscommercee-commerceearningseBayfeaturedinternetKindleonlineThu, 23 Jul 2009 10:00:00 EST<![CDATA[Hershey to eliminate online business ]]>http://www.bloggingstocks.com/2009/07/06/hershey-to-eliminate-online-business/http://www.bloggingstocks.com/2009/07/06/hershey-to-eliminate-online-business/http://www.bloggingstocks.com/2009/07/06/hershey-to-eliminate-online-business/#commentsFiled under: , ,

Want to stock up on Hershey's tasty treats? Get in while the getting is good.

Stating that its "current business model is not sustainable," Hershey Co. (NYSE: HSY) is closing its online store -- HerseysGifts.com -- as of July 31. After that, consumers with a sweet tooth for products such as chocolate-covered Macadamia nuts or a five-bound Hershey bar will have to visit local stores. Products can be customized for special occasions and run from $10 to $150.

Continue reading Hershey to eliminate online business

Hershey to eliminate online business originally appeared on BloggingStocks on Mon, 06 Jul 2009 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>e-commerceHerseysGifts.comhersheyhsyinthenewsonline retailMon, 06 Jul 2009 12:00:00 EST<![CDATA[Cloud computing: Advantages and disadvantage]]>http://www.bloggingstocks.com/2009/06/18/cloud-computing-advantages-and-disadvantage/http://www.bloggingstocks.com/2009/06/18/cloud-computing-advantages-and-disadvantage/http://www.bloggingstocks.com/2009/06/18/cloud-computing-advantages-and-disadvantage/#commentsFiled under: , , , , , ,

Cloud computing is a type of on-demand hosting services on the internet. Not only a necessity for mainstream e-commerce sites, it also increases efficiency, is scalable, and lowers expenses. The monetary savings may be misleading to consumers and businesses who do not fully understand the potential risks involved.

With a pay-as-you-go type structure, users are only charged for the amount of traffic, bandwidth, and memory used. Online businesses become more efficient by only utilizing the storage and space needed, while also being assured capacity for any usage increases. The buzz has been building for years, so cloud computing has attracted a diverse customer base, ranging from popular social networks such as Twitter and Facebook, to educational websites of Arizona State and Northwestern University.

Continue reading Cloud computing: Advantages and disadvantage

Cloud computing: Advantages and disadvantage originally appeared on BloggingStocks on Thu, 18 Jun 2009 15:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AmazonAMZNbandwidthcloud computingcloud hostingCRMcyber risk insuranceDrew Bartkiewicze-commerceFacebookGOOGGoogleHartford FinancialHIGhosting servicesinformation malpracticeinthenewsMicrosoftMSFTNetSuiteRackspaceRAXSalesforce.comTwitterThu, 18 Jun 2009 15:20:00 EST<![CDATA[eBay jumps following first quarter earnings]]>http://www.bloggingstocks.com/2009/04/22/ebay-jumps-following-first-quarter-earnings/http://www.bloggingstocks.com/2009/04/22/ebay-jumps-following-first-quarter-earnings/http://www.bloggingstocks.com/2009/04/22/ebay-jumps-following-first-quarter-earnings/#commentsFiled under: , , , , , , , ,

eBay first quarter earningsShares of the popular internet auction site eBay, Inc. (NASDAQ: EBAY) are moving strongly higher today following its first quarter earnings numbers that came in well above analyst estimates.

As we discussed in our earnings preview, we knew that it was going to be a tough quarter for the company, which had sales drop in the face of declining consumer sales. Despite this, the company was able to post first quarter earnings of 39 cents per share, which is handily above the 32 cents per share that analysts were expecting to see. It earned 42 cents per share during the same period last year.

Continue reading eBay jumps following first quarter earnings

eBay jumps following first quarter earnings originally appeared on BloggingStocks on Wed, 22 Apr 2009 17:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>auctionscommercee-commerceearningseBayJohn DonahoeJohnDonahoeWed, 22 Apr 2009 17:45:00 EST<![CDATA[eBay (EBAY) first quarter earnings preview]]>http://www.bloggingstocks.com/2009/04/22/ebay-ebay-first-quarter-earnings-preview/http://www.bloggingstocks.com/2009/04/22/ebay-ebay-first-quarter-earnings-preview/http://www.bloggingstocks.com/2009/04/22/ebay-ebay-first-quarter-earnings-preview/#commentsFiled under: , , , , , ,

Ebay Earnings PreviewOnline auction giant eBay (NASDAQ: EBAY) is going to be reporting its first quarter earnings today following the market close, and analysts are looking to see the company show 33 cents per share for the quarter.

eBay has been working hard to weather the current economic storm, but has a lot of work ahead of it.

Continue reading eBay (EBAY) first quarter earnings preview

eBay (EBAY) first quarter earnings preview originally appeared on BloggingStocks on Wed, 22 Apr 2009 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>auctionscommercee-commerceearningsearnings previewEarningsPrevieweBayfeaturedinternetinthenewsPaypalSkypewebWed, 22 Apr 2009 12:00:00 EST<![CDATA[Growth Matters: Otto Group is world's second biggest e-commerce company]]>http://www.bloggingstocks.com/2009/03/16/growth-matters-otto-group-is-worlds-second-biggest-e-commerce/http://www.bloggingstocks.com/2009/03/16/growth-matters-otto-group-is-worlds-second-biggest-e-commerce/http://www.bloggingstocks.com/2009/03/16/growth-matters-otto-group-is-worlds-second-biggest-e-commerce/#commentsFiled under: , ,

With all the gloom in the global economy, I got to wondering whether there is anything else going on in the world of business. I'm looking for growth because I think that's what will ultimately bring the economy out of the doldrums. Not surprisingly, that growth is coming from technology companies. In Growth Matters, I look at consumer technology companies that point the way to growth trends -- and in the process introduce services and products you may want to explore.

I was surprised to learn that the world's second largest e-commerce company, behind Amazon (NASDAQ: AMZN), is Germany's Otto Group. I interviewed Thomas Voigt, Vice President Corporate Communications for the Otto Group, who said, "The Otto Group companies focused on multichannel sales at an early stage and added E-Commerce to their traditional mail-order operations, in order to plan for the future."

Continue reading Growth Matters: Otto Group is world's second biggest e-commerce company

Growth Matters: Otto Group is world's second biggest e-commerce company originally appeared on BloggingStocks on Mon, 16 Mar 2009 15:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Amazone-commerceGrowth MattersLimangoOttoOtto GroupSmatchThomas VoigtMon, 16 Mar 2009 15:10:00 EST<![CDATA[eBay (EBAY) shares hit a seven-year low]]>http://www.bloggingstocks.com/2009/02/27/ebay-ebay-shares-hit-a-seven-year-low/http://www.bloggingstocks.com/2009/02/27/ebay-ebay-shares-hit-a-seven-year-low/http://www.bloggingstocks.com/2009/02/27/ebay-ebay-shares-hit-a-seven-year-low/#commentsFiled under: , , ,

eBay hits 7 year lowShares of online auction giant eBay (NASDAQ: EBAY) have dropped sharply today, pushing the stock down to lows not hit in seven years.

The stock, which has dropped over 20% so far this year, is down 8% on the day to $10.54. One of the big reasons why the site has been struggling has been the lack of confidence among buyers stemming from rampart counterfeiting that has been taking place on the site.

Continue reading eBay (EBAY) shares hit a seven-year low

eBay (EBAY) shares hit a seven-year low originally appeared on BloggingStocks on Fri, 27 Feb 2009 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>auctionsconsumer confidenceConsumerConfidencecounterfeitse-commerceeBayinternetJeffrey LindsayJeffreyLindsayFri, 27 Feb 2009 15:30:00 EST<![CDATA[Holiday shoppers spent 3% less online in 2008]]>http://www.bloggingstocks.com/2008/12/31/holiday-shoppers-spent-3-less-online-in-2008/http://www.bloggingstocks.com/2008/12/31/holiday-shoppers-spent-3-less-online-in-2008/http://www.bloggingstocks.com/2008/12/31/holiday-shoppers-spent-3-less-online-in-2008/#commentsFiled under: , , , , , , , , , , , , ,

We all know that the current economic slowdown was bound to hurt holiday spending, and today we get news of just how much an impact it had on online shopping, as comScore announced that shoppers spent 3% less this year compared with 2007.

The report was based on spending between November 1 and December 23, and showed that consumers spent $25.5 billion online, compared with $26.3 billion in the same period last year, another clear signal that people are cutting their spending because they are worried about the economy.

A bright spot in the report did show that Cyber Monday, the Monday immediately following Black Friday, was the second biggest day ever for online spending, with an increase of 15% in sales from last year, to $846 million in sales.

Continue reading Holiday shoppers spent 3% less online in 2008

Holiday shoppers spent 3% less online in 2008 originally appeared on BloggingStocks on Wed, 31 Dec 2008 11:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLAmazon.comApplecommerceComScoree-commerceEBAYfeaturedholiday shoppingHolidayShoppinginternetonline salesonline spendingOnlineSalesOnlineSpendingspendingWal-Martweb trafficWebTrafficWMTWed, 31 Dec 2008 11:15:00 EST<![CDATA[Amazon announces best holiday season ever]]>http://www.bloggingstocks.com/2008/12/26/amazon-amzn-announces-it-had-best-holiday-season-ever/http://www.bloggingstocks.com/2008/12/26/amazon-amzn-announces-it-had-best-holiday-season-ever/http://www.bloggingstocks.com/2008/12/26/amazon-amzn-announces-it-had-best-holiday-season-ever/#commentsFiled under: , , , , ,

While most retailers were looking at dismal holiday shopping seasons this year, online retailer Amazon.com (NASDAQ: AMZN) announced that it had its best holiday season in history.

Early indications are showing that retail sales figures could be down as much as 5.5 to 8% during this year, as rising unemployment and general concern over the economy has led to most consumers tightening up their spending this year.

Amazon, which has probably actually been benefiting from the current economic slowdown, saw massive sales on December 15, which is typically the company's strongest day of the year. This year it saw sales of 6.3 million and shipments of 5.6 million units on the 15th, its strongest day in history.

Continue reading Amazon announces best holiday season ever

Amazon announces best holiday season ever originally appeared on BloggingStocks on Fri, 26 Dec 2008 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLAmazonAMZNAppleBlokuse-commerceeBayholiday shoppinginternetinthenewsNintendosalesWiiFri, 26 Dec 2008 16:00:00 EST<![CDATA[Not such a Merry Christmas at eBay (EBAY)]]>http://www.bloggingstocks.com/2008/12/23/not-such-a-merry-christmas-at-ebay-ebay/http://www.bloggingstocks.com/2008/12/23/not-such-a-merry-christmas-at-ebay-ebay/http://www.bloggingstocks.com/2008/12/23/not-such-a-merry-christmas-at-ebay-ebay/#commentsFiled under: , , , , , , ,

While this is a week when many of us are celebrating and enjoying some much needed time with friends and family, things are not looking so cheerful over at eBay (NASDAQ: EBAY) as slow sales and low traffic are hurting sales on the popular online auction site (subscription required).

This is the first holiday season for the company under its new CEO, John Donahoe, and things are definitely not looking too jolly. According to research firm comScore Inc., the site has been losing a lot of valuable traffic to its competitors, such as Amazon.com (NASDAQ: AMZN) that have more fixed-price products for consumers to purchase, an area where eBay is still lagging.

For the period of November 3 through December 14, a time when many of us were busy spending hours online researching those perfect presents to hand out this holiday, eBay was just not getting the hits that it usually does, and traffic was down by 16% from the same period last year. In contrast, Amazon was enjoying a modest increase in traffic of 6% during the same time frame.

Continue reading Not such a Merry Christmas at eBay (EBAY)

Not such a Merry Christmas at eBay (EBAY) originally appeared on BloggingStocks on Tue, 23 Dec 2008 14:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>AmazonAMZNauctione-commerceeBayfeaturedholiday shoppingHolidayShoppinginternetonlineonline shoppingOnlineShoppingsears.comwalmart.comTue, 23 Dec 2008 14:40:00 EST<![CDATA[Amazon (AMZN) second quarter earnings preview]]>http://www.bloggingstocks.com/2008/07/23/amazon-amzn-second-quarter-earnings-preview/http://www.bloggingstocks.com/2008/07/23/amazon-amzn-second-quarter-earnings-preview/http://www.bloggingstocks.com/2008/07/23/amazon-amzn-second-quarter-earnings-preview/#commentsFiled under: , , , ,

The week got off to a shaky start in the wake of several earnings disappointments, thus a lot of attention will be paid to Amazon (NASDQ: AMZN) when it reports its second quarter numbers this afternoon after the market closes.

Analysts are looking to see Amazon show earnings of 26 cents per share, and revenue of $3.96 billion. The last time that the company reported earnings was April 23, when be itat analysts' estimates by 2 pennies, with a reported 34 cents per share for its first quarter.

It has definitely been a tough couple of months for retailers, but we could see some strength in Amazon as a result of changes it made during the quarter which allows users to shop the store from their cell phones via its new service TextBuyIt.

Continue reading Amazon (AMZN) second quarter earnings preview

Amazon (AMZN) second quarter earnings preview originally appeared on BloggingStocks on Wed, 23 Jul 2008 09:47:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AmazonAMZNconsumer spendingConsumerSpendinge-commerceearningsearnings previewEarningsPreviewfeaturedretailWed, 23 Jul 2008 09:47:00 EST<![CDATA[High gas prices fuel e-commerce]]>http://www.bloggingstocks.com/2008/07/19/high-gas-prices-fuel-e-commerce/http://www.bloggingstocks.com/2008/07/19/high-gas-prices-fuel-e-commerce/http://www.bloggingstocks.com/2008/07/19/high-gas-prices-fuel-e-commerce/#commentsFiled under: , ,

Those who cannot drive are going online. Cruising to the mall, if it is 20 or 30 miles away, is no longer a cheap trip. With gas at $4 a gallon, some potential shoppers may not go to the mall at all.

Thank goodness for the internet. More and more people are getting online to buy the things they need. In an economy where many people feel poor, the average online shopper may not be spending big, but he is spending.

According to The New York Times, retailers "are experiencing double-digit sales growth at their shopping Web sites, creating a surprising bright spot during an otherwise gloomy time for sales in brick-and-mortar stores." The paper adds that Gap (NYSE: GPS) "had an 11 percent decline in same-store sales in the first quarter, but a 21 percent increase in online sales."

While the news is a silver lining, it probably does little to save the earnings of large retailers. Internet sales are still a relatively small portion of total revenue for companies that have to support the real estate and personnel costs at significant numbers of large stores. E-commerce traffic may lift numbers a bit, but they do not bring down the expense base that represents most of the problem for retail profitability.

Until the internet sales are 15% or 20% of total sales for a company like Gap, investors should not look at online revenue as a reason to buy retail stocks.

Douglas A. McIntyre is an editor at 247wallst.com.

High gas prices fuel e-commerce originally appeared on BloggingStocks on Sat, 19 Jul 2008 08:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>e-commerceGapGPSinthenewsonline retailSat, 19 Jul 2008 08:40:00 EST<![CDATA[eBay's feedback changes set to kick off Monday]]>http://www.bloggingstocks.com/2008/05/15/ebays-feedback-changes-set-to-kick-off-monday/http://www.bloggingstocks.com/2008/05/15/ebays-feedback-changes-set-to-kick-off-monday/http://www.bloggingstocks.com/2008/05/15/ebays-feedback-changes-set-to-kick-off-monday/#commentsFiled under: , ,

Back in January, e-commerce giant eBay (NASDAQ: EBAY) announced some very controversial changes to the site that led to an uproar and seller boycotts within the eBay community. One of the most controversial changes was the decision to remove sellers' ability to leave negative feedback on the buyers, and this change is slated to start this upcoming Monday.

The decision to remove the sellers feedback has led to many eBay sellers finding alternative e-commerce sites to sell their goods, and those who remained are very worried about the impact this decision will have on their business. Sellers insist that the feedback is crucial in sifting through the large amount of buyers that give sellers hassle during transactions, but eBay feels that the change will benefit everyone on the site and prevent sellers from leaving retaliatory ratings for buyers.

The two sides just cannot see eye to eye on this one. Sellers insist that the feedback system allows the site to have a better buying community, while eBay believes that the changes are "really to make sure that we've got buyer accountability and seller accountability."

Continue reading eBay's feedback changes set to kick off Monday

eBay's feedback changes set to kick off Monday originally appeared on BloggingStocks on Thu, 15 May 2008 10:47:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>e-commerceeBayeBay sellersEbaySellersinternettechnologyThu, 15 May 2008 10:47:00 EST<![CDATA[Banc of America gives eBay a lift]]>http://www.bloggingstocks.com/2008/03/27/banc-of-america-gives-ebay-ebay-a-lift/http://www.bloggingstocks.com/2008/03/27/banc-of-america-gives-ebay-ebay-a-lift/http://www.bloggingstocks.com/2008/03/27/banc-of-america-gives-ebay-ebay-a-lift/#commentsFiled under: , ,

Shares of the online auction site eBay, Inc. (NASDAQ: EBAY) have been surging today after positive remarks from Banc of America Securities analyst Brian J. Pitz, who stated that the company is on track for a "solid" first quarter to the year.

Pitz made his remarks after analyzing the company's recent proprietary listings and conversion rate tracking data. As a result of his findings, Pitz gives the stock a price target of $38, and lifted his revenue forecast for the quarter from $2.03 billion up to $2.08 billion. This is slightly higher than the $2.06 billion that Wall Street is expecting to see, and as a result shares of the e-commerce giant have surged 5% today to $30.96, and hit a high earlier in the session up at $31.21.

eBay has been in the news a lot lately, but for the most part, it has not been positive. The company has been fighting off speculation that a seller's strike late last month that extended into the first week of March had had any material impact on the site's listing numbers. Some have argued that the strike led to a 13% drop in product listings, but eBay has adamantly denied any impact what-so-ever, and instead has insisted that a promotion that ran right before the strike had artificially inflated product listing numbers that were used to compute the strike's effectiveness.

Continue reading Banc of America gives eBay a lift

Banc of America gives eBay a lift originally appeared on BloggingStocks on Thu, 27 Mar 2008 15:43:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>52 week lows52WeekLowsanalysts estimatesAnalystsEstimatesauctionsBACBanc of AmericaBancOfAmericaBrian J. PitzBrianJ.Pitze-commerceeBayforecastsgoodnewsinthenewssellers strikeSellersStrikeThu, 27 Mar 2008 15:43:00 EST<![CDATA[eBay (EBAY) sellers already planning next boycott]]>http://www.bloggingstocks.com/2008/03/10/ebay-ebay-sellers-already-planning-next-boycott/http://www.bloggingstocks.com/2008/03/10/ebay-ebay-sellers-already-planning-next-boycott/http://www.bloggingstocks.com/2008/03/10/ebay-ebay-sellers-already-planning-next-boycott/#commentsFiled under: , , , , , ,

If nothing else... eBay Inc. (NASDAQ: EBAY) users are a feisty bunch. After just coming off a multi-week sellers strike, they are already planning their next revolt, tentatively set to launch May 1.

The most recent strike was orchestrated in reaction to recent changes made on the site and lasted from the week of Feb. 18 through last night. While eBay is steadfast that the recent site boycott had no effect on its business, not everyone is buying that, and are anticipating hitting the site again come May.

Some statistics have shown that eBay witnessed a 13% drop in its online listings, but eBay denies any impact. The site claims that the statistics out there are not taking into account a 20-cent listings promotion that it had launched just prior to the boycott that temporarily inflated its auction listings.

Continue reading eBay (EBAY) sellers already planning next boycott

eBay (EBAY) sellers already planning next boycott originally appeared on BloggingStocks on Mon, 10 Mar 2008 15:47:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>auctionse-commerceeBayeBay boycottebay changesebay feedbackEbayBoycottEbayChangesEbayFeedbackinternetinthenewsPayPalsellers strikeSellersStrikeMon, 10 Mar 2008 15:47:00 EST<![CDATA[Akamai Tech: Eliminating traffic jams on the information superhighway]]>http://www.bloggingstocks.com/2008/03/07/akamai-tech-eliminating-traffic-jams-on-the-information-superhi/http://www.bloggingstocks.com/2008/03/07/akamai-tech-eliminating-traffic-jams-on-the-information-superhi/http://www.bloggingstocks.com/2008/03/07/akamai-tech-eliminating-traffic-jams-on-the-information-superhi/#commentsFiled under: , ,

Some investors/readers probably are not aware that the internet -- critical as it is today for commercial activities and the flow of information -- was not designed to handle the volume and complexity of today's web tasks. Moreover, the appearance of internet traffic jams created an opportunity for Akamai Technologies.

Akamai Technologies (NASDAQ: AKAM) solutions accelerate and improve the delivery of internet content and applications.

Analysts like Akamai's broad 1,800-member customer base, including many blue-chip companies. Further, analysts also like the fact that AKAM has continued to deliver material revenue increases and earnings gains, despite expansion/infrastructure investments.

Further, the consensus among analysts is that 28,000-server Akamai will continue to have a competitive advantage in its key business segments for at least the next two years. The Reuters F2008/F2009 EPS consensus estimates for AKAM are $1.68/$2.04.

Continue reading Akamai Tech: Eliminating traffic jams on the information superhighway

Akamai Tech: Eliminating traffic jams on the information superhighway originally appeared on BloggingStocks on Fri, 07 Mar 2008 14:14:00 EST. Please see our terms for use of feeds.

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