Total : 1,453 View more »
Bright and early Tuesday morning, Credit Suisse issued upgrades to Motorola (NYSE: MOT) and Research in Motion Limited (NASDAQ: RIMM), lifting both of them from Neutral to Outperform.
Sept. 23, 2009—The Toy Industry Foundation today launches an online charity auction on eBay that will benefit children at-risk, abused, abandoned, ill or otherwise in need.
But soon, eBay's biggest business will likely be PayPal, the online payments service that has been growing steadily even as the economy has stumbled.
Getty's trophy for supporting comedy actress for her work in "The Golden Girls" was put up for sale on the site last week by a seller that specializes in fine art. Initial asking price is $15,000. No bids had been made as of Monday afternoon.
http://www.broadcastingcable.com/article/355013-Estelle_Getty_s_Emmy_Up_For_Sale_On_eBay.php
Total : 115 View more »
Nov 07, 2009 (Close-Up Media via COMTEX) --
BizAuctions, Inc., a prime provider of commercial eBay liquidation services for excess inventories, returns, and overstocks, announced the Company has signed a Letter of Intent with Midwest Outlet Centers.
Delmar Janovec, CEO said, "BizAuctions has entered into a Letter of Intent with Midwest Outlet Centers to form a Joint-Venture for the purpose of selling its slow moving merchandise that is not conducive to the eBay business model. Certain merchandise could bring a higher price when sold through an Outlet Center versus our eBay business model. Most Outlet Centers draw their customers from a wide geographic area and enjoy an established customer base. This would provide BizAuctions with more options as to how certain merchandise could be sold to the consumer. We are looking forward to working with Tina Palazzola of Midwest Outlet Centers in developing a good business relationship that should prove to be beneficial for both companies".
Tina Palazzola, President of Midwest Outlet Centers noted, "We believe that Midwest Outlet Centers can provide BizAuctions another venue for the sale of their name brand products and we are hopeful the companies can build a long-term business relationship."
"BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. BizAuctions consigns, buys inventory, and liquidates through eBay and its recently opened retail store, Lucky 7's, and soon through Midwest Outlet Centers" continues Janovec.
More Information:
www.bizauctions.com
((Comments on this story may be sent to newsdesk@closeupmedia.com))
Tags: business ceo commercial president products profit retail
Companies: BizAuctions Inc (BZCN)
SAN JOSE, Calif., Nov 06, 2009 (BUSINESS WIRE) --
eBay Inc. (NASDAQ: EBAY) today announced that the investor group led by Silver Lake, which had previously entered into a definitive agreement to acquire a majority stake in Skype from the company, has reached a settlement agreement with Joltid Limited and Joost N.V. that gives Skype ownership over all software previously licensed from Joltid and ends all litigation currently pending against the investor group and eBay at the closing of the acquisition.
As part of the settlement agreement, Joltid and Skype founders Niklas Zennstrom and Janus Friis will join the investor group, contributing Joltid software and making a significant capital investment in exchange for a 14 percent stake in Skype. As a result, Silver Lake and other investors including Andreessen Horowitz and the Canada Pension Plan Investment Board (CPPIB), will together hold 56 percent of Skype and eBay will retain 30 percent. As previously announced, eBay will receive approximately $1.9 billion in cash upon the completion of the sale and a note from the buyer in the principal amount of $125 million. The deal, which values Skype at $2.75 billion and is not subject to a financing condition, is expected to close in the fourth quarter of 2009.
"Skype will be well positioned to move forward under new owners with ownership and control over its core technology," said eBay Inc. President and CEO John Donahoe. "At the same time, eBay continues to retain a significant stake in Skype and will benefit from its continued growth. We look forward to closing the deal and focusing on growing our core ecommerce and payments businesses."
Commenting on the agreement on behalf of the investor group, Silver Lake Managing Director Egon Durban said: "We are very pleased to have the litigation resolved. We remain confident in a great future for Skype, and we look forward to working with Niklas, Janus and the other investors as partners to help the company achieve its full potential."
The investor group will no longer include Index Ventures, which has withdrawn from participation. Commenting on its decision to withdraw, Danny Rimer of Index Ventures, said: "We are pleased that Skype will now be able to put litigation behind it, and we wish Josh Silverman, his team and the Skype investors well in continuing to grow a great business. Although Skype has the potential to be a great investment, the deal terms changed for Index such that it no longer matches our investment criteria and thus we have decided not to participate in the transaction."
About eBay Inc.
Founded in 1995, eBay Inc. (NASDAQ: EBAY) connects hundreds of millions of people around the world every day, empowering them to explore new opportunities and innovate together. eBay does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay has expanded to include some of the strongest brands in the world, including eBay, PayPal, Skype, StubHub, Shopping.com, and others. eBay is headquartered in San Jose, California. For more information, please visit www.ebay.com.
About Skype
Skype is software that enables the world's conversations. Millions of individuals and businesses use Skype to make free video and voice calls, send instant messages and share files with other Skype users. Every day, people everywhere also use Skype to make low-cost calls to landlines and mobiles.
Forward Looking Statements
This announcement contains forward-looking statements relating to eBay's future performance that are based on its current expectations, forecasts and assumptions. Those statements involve risks and uncertainties, and actual results may differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, the receipt and timing of regulatory approval for the transaction; the possibility that the transaction may not close; the reaction of consumers and Skype's users and commercial partners to the transaction; the reaction of competitors to the transaction; the anticipated continuation of Skype's growth; and the potential longer-term value of Skype.
More information about factors that could affect eBay's operating results can be found in the company's most recent annual report on its Form 10-K and its subsequent quarterly reports on Form 10-Q (available at http://investor.ebayinc.com). All forward-looking statements are based on information available to eBay on the date hereof, and eBay assumes no obligation to update such statements.
SOURCE: eBay Inc.
eBay Inc. Alan Marks, 408-425-9539 amarks@ebay.com or Brunswick Mike Buckley/Anisha Patel, 415-671-7676
Tags: acquisition annual report business ceo commerce commercial communications ecommerce forecasts index investment nasdaq note president silver software technology
Companies: eBay, Inc. (EBAY)
Nov 06, 2009 (M2 PRESSWIRE via COMTEX) --
Xtremepicks.com Alerts include eBay Inc. (NASDAQ: EBAY), Oncolytics Biotech Inc. (TSX:ONC, NASDAQ: ONCY), Jamba, Inc. (NASDAQ: JMBA) and KSW, Inc. (NASDAQGM: KSW)
eBay Inc. (NASDAQ: EBAY) trading at $23.40 on a volume of 3.71M shares
In a press release out on November 6, eBay Inc. and Silver Lake Investor Group Settle Skype Litigation with Joltid Limited
SAN JOSE, Calif., Nov 06, 2009 -- eBay Inc. (NASDAQ: EBAY) today announced that the investor group led by Silver Lake, which had previously entered into a definitive agreement to acquire a majority stake in Skype from the company, has reached a settlement agreement with Joltid Limited and Joost N.V. that gives Skype ownership over all software previously licensed from Joltid and ends all litigation currently pending against the investor group and eBay at the closing of the acquisition.
About eBay Inc.
Founded in 1995, eBay Inc. (NASDAQ: EBAY) connects hundreds of millions of people around the world every day, empowering them to explore new opportunities and innovate together. eBay does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay has expanded to include some of the strongest brands in the world, including eBay, PayPal, Skype, StubHub, Shopping.com, and others. eBay is headquartered in San Jose, California. For more information, please visit www.ebay.com.
Oncolytics Biotech Inc. (TSX:ONC, NASDAQ:ONCY) trading at $3.38 per share on trading volume of 85,468 shares.
In a press release out on November 6, Oncolytics Biotech(R) Inc. Collaborators Present Positive Phase II Sarcoma Trial Results at CTOS Annual Meeting
CALGARY, Nov. 6, 2009 -- Oncolytics Biotech Inc. (TSX:ONC, NASDAQ:ONCY) ("Oncolytics" or the "Company") today announced updated results from a Phase II study of intravenous REOLYSIN(R) in patients with sarcomas metastatic to the lung in a poster presentation at the 15th Annual Connective Tissue Oncology Society Meeting held in Miami Beach, Florida, from November 5th to 7th. The poster presentation, entitled "A Phase II Study of Intravenous REOLYSIN (Wild-type Reovirus) in the Treatment of Patients with Bone and Soft Tissue Sarcomas Metastatic to the Lung", was delivered by Dr. Kamalesh Sankhala, part of principal investigator Dr. Monica Mita's team at the Institute of Drug Development (IDD), the Cancer Therapy and Research Center at the University of Texas Health Science Center, (UTHSC), San Antonio, Texas.
About Oncolytics Biotech Inc.
Oncolytics is a Calgary-based biotechnology company focused on the development of oncolytic viruses as potential cancer therapeutics. Oncolytics' clinical program includes a variety of human trials including a Phase III trial in head and neck cancers using REOLYSIN, its proprietary formulation of the human reovirus. For further information about Oncolytics, please visit: www.oncolyticsbiotech.com.
Jamba, Inc. (NASDAQ: JMBA) trading at $1.67 on a volume of 127,047 shares
In a press release out on November 6, Jamba Accelerating Brand Expansion Plans with Announcement of Licensing Agreement with Headline Entertainment
EMERYVILLE, Calif., Nov 06, 2009 -- Jamba, Inc. (NASDAQ: JMBA) today announced continued progress in their brand expansion plans, as its wholly-owned subsidiary, Jamba Juice Company, entered into a license agreement with Headline Entertainment to develop a line of Jamba inspired apparel.
About Jamba, Inc.
Jamba, Inc. (NASDAQ: JMBA) is a holding company and through its wholly-owned subsidiary, Jamba Juice Company, owns and franchises JAMBA JUICE(R) stores. Founded in 1990, Jamba Juice is a leading restaurant retailer of better-for-you food and beverage offerings, including great tasting fruit smoothies, juices, and teas, hot oatmeal made with organic steel cut oats, wraps, salads, sandwiches, and California Flatbreads(TM), and a variety of baked goods and snacks. As of October 6, 2009, Jamba Juice had 742 locations consisting of 488 company- owned and operated stores and 254 franchise stores. For the nearest location or a complete menu, visit the Jamba Juice website at www.jambajuice.com or call 1-866-4R-FRUIT.
KSW, Inc. (NASDAQGM: KSW) trading at $3.40 on a volume of 1,094 shares
In a press release out on November 6, KSW, Inc. Reports Third Quarter and Nine Months Revenues and Profits
LONG ISLAND CITY, N.Y., Nov 06, 2009 -- KSW, Inc. (NASDAQGM: KSW) today reported financial results for the third quarter and first nine months of 2009.
About KSW
KSW, Inc., through its wholly-owned subsidiary, KSW Mechanical Services, Inc., furnishes and installs heating, ventilating and air conditioning (HVAC) systems and process piping systems for institutional, industrial, commercial, high-rise residential and public works projects, such as the new World Trade Center Chiller Plant. KSW Mechanical Services, Inc. also acts as Trade Manager on larger construction projects, such as the Mt. Sinai Center for Science and Medicine.
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Xtremepicks.com (www.Xtremepicks.com) has prepared all material herein based upon information believed to be reliable. The information contained herein is not guaranteed by Xtremepicks.com to be accurate, and should not be considered to be all-inclusive. Xtremepicks.com is a leading information resource for evaluating investment opportunities in small and microcap stocks. We focus on a limited number of companies in order to provide comprehensive coverage, including unique investment related features not available anywhere else on the Internet. To feature a company or to get more information, please visit us at www.Xtremepicks.com or email us at info@Xtremepicks.com Xtremepicks.coms affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event of a rise in value. Xtremepicks.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
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Tags: acquisition apparel biotechnology calgary california cancer clinical commerce commercial communications construction email e-mail entertainment expansion financial results florida food franchises fruit health industrial investment investment opinion medicine nasdaq plant products profit research residential science silver steel texas trade trial web
Companies: eBay, Inc. (EBAY), Jamba Inc (JMBA), Oncolytics Biotech Inc. (ONCY)
SAN JOSE, Calif., Nov 04, 2009 (BUSINESS WIRE) --
eBay, the world's largest online marketplace, today announced the launch of The Inside Source (theinsidesource.com), a new digital magazine for inspired shoppers featuring insights and stories based on what more than 89 million active users are searching for, buying and selling on eBay. The Inside Source will offer fresh daily content with original articles, analysis and opinions from journalists as well as eBay community contributors.
"Imagine that every day, every person in the United States tells eBay what they want," said Alan Marks, Senior Vice President of Global Communications for eBay. "That's the power of how many searches occur on eBay every day. Now add insights gleaned from almost 200 million live product listings, the stories of more than 25 million sellers and the several million purchases people make each day on eBay, and you get The Inside Source -- a perspective on shopping trends, pop culture obsessions and the stuff people love, that only eBay can offer."
While presented by eBay, The Inside Source editorial content will be directed and managed by an accomplished editorial team, led by Meredith Barnett, previously Director of Digital Media for Lifetime Digital. Editorial content will cover a variety of lifestyle topics, including fashion, technology, automotive, home and garden, pop culture and sustainability.
Barnett brings strong editorial, digital and e-commerce experience to her role as Managing Editor of The Inside Source. At Lifetime Digital, Barnett oversaw non-programming-related content for myLifetime.com, a site focused on women's entertainment, escape and play. Barnett is a Founder of StoreAdore.com, a Web-based guide to the best boutique shopping around the country and online, featuring a regularly updated blog and a searchable database of original editorial profiles of more than 3,000 stores. Her editorial experience also includes a three-year stint at Lucky and regular contributions to publications including PARADE and The Huffington Post. She earned her BA from Brown University and an MBA from Harvard.
"Meredith brings the perfect blend of consumer-focused ecommerce and editorial experience to The Inside Source," added Marks. "Combining Meredith's editorial vision with eBay's insight, our aim is to make The Inside Source an engaging, useful read for people who want to know the latest trends happening in the world's largest online marketplace."
As an avid collector and trend-follower, Barnett has been actively using eBay to find not only rare vintage brands but also unique items from established designers. "My latest fashion fixation is oversized bib-style necklaces that can turn a plain T-shirt into a party outfit," Barnett noted. "But I am also tracking antique salt bowls for my extensive collection."
In addition to original content, The Inside Source will also feature sections that will provide a snapshot of real time eBay Marketplace activity, including most-watched merchandise and most searched terms. Early contributors include writers and editors who have worked at and contributed to Lucky, W, Allure, Daily Candy, and The New Yorker.
"The Inside Source content will reflect what inspires us on eBay, from a profile of an art dealer discovering museum-quality pieces to a breakdown of the hottest trends in handbags," noted Barnett. "There's such a diverse array of stories. We hope to provide readers insight they won't get anywhere else."
Readers will have the opportunity to comment on and share content through familiar platforms such as Facebook Connect, as well as submit feedback and story ideas. The Inside Source will also offer a weekly e-mail subscription that will provide a recap of the week's top stories.
To discover the latest trends now, visit http://www.theinsidesource.com.
About eBay
Founded in 1995, eBay Inc. (Nasdaq:EBAY) connects hundreds of millions of people around the world every day, empowering them to explore new opportunities and innovate together. eBay Inc. does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay Inc. has expanded to include some of the strongest brands in the world, including eBay, PayPal, Skype, StubHub, Shopping.com and others. eBay Inc. is headquartered in San Jose, California.
SOURCE: eBay Inc.
eBay Inc. Amanda Miller, 408-376-5316 amandacmiller@ebay.com or Adam Pietrala, 212-704-8176 adam.pietrala@edelman.com
Tags: art automotive commerce communications community consumer contributions dealer ecommerce editors e-mail entertainment fashion magazine museum nasdaq online president programming subscription technology university web women
Companies: eBay, Inc. (EBAY)
Total : 48,427 View more »
eBay: Find CAD U1 USB Recording Microphone Podcast - Free Shipping in the Electronics , Pro Audio Stage Effects , Microphones , Wired Microphones , Dynamic category on eBay.
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Total : 36,800,000 View more »
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Upcoming eBay Developers Conference 2009 at eBay Town Hall / Conference Center (Tuesday June 16, 2009)
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The eBay Star Developer Awards are presented annually to recognize the talent and solutions of members of the eBay Developers Program.
I am a senior software engineer and technical lead at IBM Labs, Bangalore. I have a masters in computer science and have also worked in the role of an architect while at my previous organisations (Computer Associates, PayPal, on behalf of Covansys).