EBay cuts earnings outlook by a penny per share
SAN JOSE, Calif. Online auction house and payments company eBay Inc. cuts its third-quarter earnings outlook by a penny per share because of a debt offering that priced earlier Thursday.
San Jose, California-based auction website, eBay, on Wednesday, posted dismal fourth quarter earnings, which showed 31 present fall, which resulted in dropping its shares down nearly 6 percent.