Archive for December, 2011

Paying two bucks a share for Yahoo!. –

Sources tell Reuters the Internet giant’s board is expected to consider plan to sell most of its Asian assets. One investment manager tells Reuters the deal would put — two dollar share valuation on the rest of the company. In about it already has in cash on its books. Proposal calls for Yahoo! to effectively transfer most of its 40% last Alibaba. Back to the Chinese company and all of its stake in Yahoo! Japan sources that. NYSE Euronext and Deutsche reports officials will likely have to appealed directly to the European commission’s antitrust commissioner. To save their merger deal sources say that’s because they’re not making headway in convincing — EC’s antitrust case — If — nine billion dollar deal should go through that team had expressed concern that the combined exchange would monopolize European listed derivatives trading. The deal would create the world’s largest exchange the other option for the two exchanges is to — the so called college of 27 commissioners. The great lady is shelling — a lot of Green. Sources tell Reuters outgoing New York Times CEO Janet Robinson will receive an exit package worth more than fifteen million dollars. That package includes nearly eleven million dollars in pension benefits that — accrued over 28. Years of service. A regulatory filing indicated the times policy previously stipulated she is eligible for these benefits. Only if she had been with the company for thirty years. Shares of the New York Times are down 25% this year and about 80% over Robinson seven year tenure as CO. Thomson Reuters IFR markets these third quarter GDP coming down today. It looks for a final reading of one point 9%. Down from the previous 2% reading as it expects consumers spent less on services and previously thought that report comes out at 830. Other reports out today include weekly jobless claims and the Thomson Reuters University of Michigan final December consumer sentiment reading. I authorities lack of a deal on a payroll tax cut extension impacting sentiment which it thinks he’ll come in at 68. That’s roughly world was the last time that report comes out at 955. And that is your morning call this Thursday I’m Fred Katayama and this is Reuters Insider.

Sourced & published by Henry Sapiecha

EBAY ON A BUYING BINGE IN EUROPE. TAKING OVER  BILLSAFE.

Thu Dec 22, 2011 8:39am EST

(Reuters) – EBay Inc said on Thursday it bought BillSafe, a purchase and invoicing technology provider with clients in Germany, and will combine it with its PayPal online payments service, in a move to strengthen its e-commerce capabilities in Northern Europe.

BillSafe’s technology lets shoppers buy and receive an item and pay later once they get an invoice. It is the most common form of e-commerce payment in Germany, the Netherlands, Austria and Switzerland, eBay said.

EBay took a minority stake in BillSafe last year and now owns the entire company. The company did not disclose terms of the deal but said it would have no material impact on the financial forecast it gave in October.

The deal is eBay’s latest this year to build its business abroad. In April it bought a Turkish auction site for $235.3 million.

Sourced & published by Henry Sapiecha