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EBay Projects Holiday Profit That Falls Short of Expectation

EBay Inc. gave a lackluster profit forecast for the holiday quarter, blunting investor enthusiasm that the online marketplace was solidifying its position in an industry dominated by Amazon.com Inc. While the company projected sales for the current period that slightly topped analysts’ estimates, shares declined as much as 7.9 percent …

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Trump has no plans to tour California fire damage

By Ken Thomas and Sudhin Thanawala | Associated Press WASHINGTON — President Donald Trump, who has made four visits to hurricane zones in recent weeks, isn’t rushing to survey the damage from California’s wildfires. The president has no immediate plans to visit the state to inspect the aftermath of the …

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San Jose police investigate stabbing death

SAN JOSE — A man was stabbed to death in South San Jose early Wednesday, marking the city’s 28th homicide of the year, according to police. Officers were called about 12:20 a.m. to the 300 block of Branham Lane East, near the Edenvale Community Center, for reports of a stabbing. …

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EBay’s profit forecast disappoints, shares fall

(Reuters) – EBay Inc warned Wall Street on Wednesday that profit this quarter could fall below analysts’ estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade. The online marketplace is making a big push to …

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EBay meets 3Q profit forecasts | Business News

SAN JOSE, Calif. (AP) — EBay Inc. (EBAY) on Wednesday reported third-quarter profit of $523 million. The San Jose, California-based company said it had profit of 48 cents per share. The results met Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was also for …

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Structures go up in flames in East San Jose

EAST SAN JOSE, Calif. — A fire moved quickly and damaged at least two homes in the hills above East San Jose Sunday afternoon. The fire broke out right off Mount Hamilton Road. Firefighters surrounded the homes while people tried to use water from a swimming pool to wet down …

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