EBay Inc forecast current-quarter revenue below Wall Street estimates on Wednesday, as it faces fierce competition from bigger rivals Amazon.com and Walmart Inc in the run-up to the crucial holiday shopping season. EBay forecast fourth-quarter adjusted profit from continuing operations in the range of 73 cents to 76 cents per share and net revenue of $2.77 billion and $2.82 billion. EBay said active buyers grew 4% to 183 million in the reported quarter. …read more
Source:: Yahoo Finance
