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EBay posts better than expected profits

EBay Inc posted better than expected profits in the first quarter as several of its newer businesses compensated for disappointing results in its mainstay auction service.

The faster-growing units include shopping.com, a price comparison site; some classified listing sites; a service to let online merchants accept credit cards; and Skype, the online voice chat service.

"We are on track with our well-crafted portfolio," Meg Whitman, eBay's chief executive, said in an interview after the earnings report was published by the firm on Wednesday.

The results sent eBay's stock up about 3 percent in after-hours trading.

Overall, the company earned US$377 million in the first quarter, up 52 percent from a year earlier. Excluding charges related to stock-based compensation and some other items, the company earned US$0.33 a share, above the US$0.29 average that analysts had predicted.


Buy and Sell Items Online at Finditt Auctions, the Featured Company on

Buy and sell items online at Finditt Auctions, the online auction site that is appearing as the Featured Company on TransWorldNews.ca.

Finditt Auctions is the newest online marketplace to the world. The popularity of auction sites and the traffic generated from Finditt.com provide a perfect environment for buyers and sellers. Buyers have the advantage of being part of an international marketplace, while sellers are provided a global customer. After a product is listed in the Finditt Auction people can bid the same way they do on Ebay, Ubid and other auction sites.

Finditt Auctions has created an environment that provides a free store with no monthly fees for individuals selling products. Along with a free auction store and no monthly fees, Finditt Auctions is offering Free Listings for a limited time.


Non-core YUKOS assets fail to attract bids

RBC, 19.04.2007, Moscow 17:58:33.An auction for the bankrupt Russian oil company YUKOS's non-core assets included in Lot No. 6 garnered no attention from bidders, the Russian Federal Property Fund's press office reported. The federal fund is acting as the auctioneer of YUKOS assets. Bids were welcomed between March 19 and April 18, 2007.

Lot No. 6 included eight non-core YUKOS assets and was offered for RUR3,129,500 (approx. USD121,534).

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Rivermen Game-Worn Jersey Auctions Start April 23 and 25

Peoria, Ill. (April 16, 2007) - Peoria Rivermen Equipment Manager Joel Farnsworth announced today that the team will auction off its game-worn and game-issued Rivermen Home White and Road Blue jerseys on April 23 and April 25, respectively, at 9:00 a.m. on eBay (www.eBay.com).

The jerseys up for auction may be found on www.eBay.com by typing "Peoria Rivermen Game-Worn Jersey" into the Category Search. Bidding on each jersey begins at $175, and both auctions will last for seven days, closing at 5:00 p.m. (all times local) on Sunday, April 29 and Tuesday, May 1, respectively. All bidders must have an eBay account which can be created at any time. Fans may also click the eBay logo on the right side of the front page of the Rivermen Web site, www.rivermen.net.

Each jersey was made by CCM/RBK Hockey from Poly Air Knit Mesh with airflow side panels and underarm inserts.


Jack Johnson Auctions Off Valuable Surfboard For Charity

Acoustic rocker Jack Johnson has donated the surfboard he used in his surf film A Brokedown Melody to be auctioned off on eBay by Universal Music. Currently, 38 people have bid for the coveted Patagonia surfboard, signed by Johnson himself. The highest bid for the board as it stands now is $1,825.00 USD. There's just under three days left in the auction and 80% of the proceeds will go to the T.J. Martell foundation, which aims to raise money for research into cures for leukemia, cancer, and AIDS. .



 

 

 

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