ebay
Oil retreats after rising on hopes of Russia, OPEC cooperation
January 28, 2016 by creative · Leave a Comment
Crude oil futures fell around 1 percent in Asian trading on Thursday, eroding gains of nearly 3 percent made in the previous session after Russia held out the possibility of cooperating with OPEC to control global oversupply. Falls were curbed by a weaker dollar following the Federal Reserve's decision to keep its overnight interest rate unchanged and the release of a statement suggesting concern…
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Oil retreats after rising on hopes of Russia, OPEC cooperation
ebay
EBay’s disappointing forecast fuels stock decline
January 28, 2016 by publisher · Leave a Comment
EBay Inc forecast weaker-than-expected revenue and profit for the current quarter and full year, as the e-commerce company struggles against a strong dollar while trying to revamp its core marketplace business. The online retailer, which faces intense competition from e-commerce giant Amazon.com Inc, has also been hit by brick-and-mortar rivals like Wal-Mart Stores Inc that are aggressively boosting their online presence. Under its new chief executive Devin Wenig,
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EBay’s disappointing forecast fuels stock decline