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eBay Reiterates Full-Year Forecast at Annual Shareholder Meeting

eBay says it's on track to meet its 2014 targets even after squaring off with investor Carl Icahn earlier this year. Chief Executive Officer John Donahoe used the e-commerce company's annual meeting to reiterate eBay's full-year earnings and revenue forecasts. Donahoe says that eBay expects to earn almost $3 a share on revenue of $18 billion for its current fiscal year, that would be a 13.5-percent increase from a year ago. On the back of the annual meeting, eBay's shares are trading above $50 a share, up more than half a percent on the upbeat outlook.