SAN FRANCISCO (Reuters) - EBay Inc gave a conservative quarterly sales forecast despite unveiling better-than-expected results, warning that a weak European economy may take the gloss off rip-roaring growth in online commerce. But CEO John Donahoe -- who is overseeing a turnaround in its core "marketplaces" division and pitting a company once synonymous with auctions against Amazon.com Inc -- remained confident about the longer-term outlook, citing robust e-commerce growth and strength in its PayPal online-payments arm. Shares of the company gained 2.4 percent to $31. ...
Sunday, February 26, 2012
EBay cautious in short run as Europe weighs
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