| 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.
Dubai Islamic Bank denies bidding for Egypt's NBD
(MENAFN - The Peninsula) Dubai Islamic Bank, the third-largest Gulf Arab Islamic lender by market value, denied yesterday a report it was bidding to acquire Egypt's National Bank for Development (NBD).
UAE daily Al Bayan reported Dubai Islamic was among three bidders for the bank. Others were Saudi Arabia's National Commercial Bank and a UAE-Gulf consortium, the paper said, quoting unnamed Egyptian banking sources. "The news is totally untrue," a Dubai Islamic Bank official, who asked not to be named, said, adding the bank was in no way involved in any such deal.
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Nude Photos Of Kate Moss Go To Auction
LONDON (April 16, 2007) -- Nude photographs of Kate Moss will be sold at an auction in London next month among a series of other pictures of the British supermodel. The photos will be auctioned May 31, Christie's auctioneers said Monday. Two nude portraits, a 1996 print by Irving Penn and a 6-by-6-foot square image by Albert Watson, are expected to sell for about $44,000 and $30,000 respectively, the auction house said. A set of six prints of Moss without makeup, taken by Chuck Close, could sell for up to $40,000, Christie's said. An unpublished photo, being sold by one of the 33-year-old's friends, is expected to sell for about $12,000. The portrait, taken by photographer Corinne Day in 1990, was shot in London two years after Moss was discovered at a New York airport at age 14.
Online Reverse Auctions Revolutionize the Renewable Energy ...
GoGreenSolar.com provides an innovative online marketplace for buyers and renewable energy contractors to conduct trade. Buyers post a Request for Proposal (RFP); contractors compete, posting their bids and reducing their prices to win the auction. GoGreenSolar.com has created a unique new marketplace for both buyers and contractors. Los Angeles, CA (PRWEB) April 16, 2007 -- GoGreenSolar.com provides an innovative online marketplace for buyers and contractors to conduct trade. "Buyers post a Request for Proposal (RFP); renewable energy contractors compete, posting their bids and reducing their prices to win the auction," explained Deep Patel, President/CEO of Go Green Solar, LLC. "The contractors are responsible for a small commission on each awarded contract through the marketplace -- 3 percent of the total invoice billed to the buyer." With GoGreenSolar.com, it's the buyer's demand that drives down prices.
Christie's holds mammoth auction to sell mammoths
PARIS (AP) - Here's your chance to buy something really old. Today, Christie's auction house in Paris is selling a 15-thousand-year-old Siberian mammoth skeleton. You'll need plenty of room and plenty of cash if you want it. Bidding starts at nearly 200-thousand dollars. Tusks and all, it's more than 12 feet high and 16 feet long. The other items up for auction today include an unhatched dinosaur egg and a 330-pound meteorite. (Copyright 2007 by The Associated Press. All Rights Reserved.)
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