Latest Business News: EBay Meets Street's 2nd Quarter Expectations

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Latest Business News: EBay Meets Street's 2nd Quarter Expectations

Latest Business News: EBay Meets Street's 2nd Quarter Expectations
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Latest Business News: EBay Meets Street's 2nd Quarter Expectations

Wochit 1:01 mins

Ebay booked another solid quarter, as the company reported adjusted-earnings per-share of 63 cents in the second-quarter, right in line with analyst-estimates. Revenue in the quarter totaled $3.9 billion. Ben Bernanke almost looked pleased to face questions from members of the House of Representatives, but that might be because he knows that it was for the last time. During a hearing described several times as more like a eulogy than testimony on monetary policy, the Federal Reserve chief received bi-partisan thanks for his service as successive members said they had heard he may not be in the job next year. Dell is making a late push to win shareholder support for founder Michael Dell's plan to take the slumping computer maker private, an indication that the next scheduled vote could be close.

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