EBay Inc on Friday announced a review of its StubHub and eBay Classifieds businesses and said it would appoint two new directors to its board, as part of an agreement with activist investors to avert a proxy contest.
BEIJING/SINGAPORE Chinese smartphone maker Xiaomi Inc's quarterly revenue soared due to strong demand in India and other emerging markets but doubts remained on whether it can sustain the fast pace of growth and its shares reversed early gains to end lower.
TOKYO/SINGAPORE U.S. hedge fund Tiger Global has built a stake worth over $1 billion (757 million pounds)in SoftBank Group Corp as it considers the Japanese firm undervalued, a source with direct knowledge of the matter said, driving SoftBank shares up as much as 6.8 percent.
SEOUL/SINGAPORE Investors in global chipmakers have had a rocky ride in the last few months on worries about a slowing smartphone market, but a clamor for more video content from consumers is underpinning buoyant sales for memory-chip makers.
Harley-Davidson Inc reported weaker-than-expected quarterly retail sales as low prices for used motorcycles in the United States dampened demand for new ones.
Netflix Inc shares hit an all-time high on Friday as Goldman Sachs and other brokerages raised their price targets on the world's biggest online-streaming company, citing its ability to raise fees without scaring away customers.
NEW YORK, Oct 13 Netflix Inc shares hit
an all-time high on Friday as Goldman Sachs and other brokerages
raised their price targets on the world's biggest
online-streaming company, citing its ability to raise fees
without scaring away customers.
Wal-Mart Stores Inc on Tuesday forecast a 40 percent rise in U.S. online sales next year as it ramps up competition with Amazon.com Inc , boosting shares of world's biggest brick-and-mortar retailer to the highest in more than two years. | Video
There are very few things that make Alphabet Inc's investors unhappy. A rising TAC - the cost of driving traffic to its site - is one of them.