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Old 01-19-2012, 06:41 AM
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EBay reports higher 4Q earnings, revenue (AP)

FILE - In this April 22, 2011 file photo, two pedestrians pass eBay headquarters in San Jose, Calif. EBay Inc. reports quarterly financial results Wednesday, Jan. 18, 2012, after the market close. (AP Photo/Paul Sakuma, File)AP - EBay reported on Wednesday that its net income grew sharply in the fourth quarter, helped by a gain from the sale of its remaining investment in Skype. Its results beat Wall Street's expectations, boosted by strong holiday sales at its namesake website and growth at PayPal, its online payments business.




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