Ebay profits beat estimates with record user gain
Ebay Inc reports fourth quarter 2000 profits of 9 cents per share on $134 million revenue, up 81 percent, and adds a record 3.5 million users in Q4. Shares rose to $52.06 after hours. NBC Internet cuts 150 jobs seeks to trim 30 percent of its workforce amid ad slowdown. UMB Financial names new leadership changes including R Crosby Kemper Jr and III. UMB Bank located at 1441 Wakarusa Drive in Lawrence.
MENTIONED IN THIS ARTICLE
eBay Inc
Wall Street
eBay
NBC Internet
Snap
UMB Financial Corp
R. Crosby Kemper Jr
R. Crosby Kemper III
R. Crosby Kemper II
UMB
Wakarusa Drive
Lawrence
Chris Magarro
IBM
New York Stock Exchange
ECB Holds Key Rate At 4.75 Percent In Mixed Signals
The European Central Bank kept its main rate at 4.75 percent after its regular meeting amid mixed signals on inflation and growth. Economists largely anticipated a steady rate as policy makers assess economic developments in the euro zone.
MENTIONED IN THIS ARTICLE
European Central Bank
Frankfurt
ECB
European Union
NTT DoCoMo Expands i mode to Europe with partners
NTT DoCoMo announces a European i mode launch later this year with KPN Mobile and Telecom Italia Mobile. The service targets over 30 million mobile users across Belgium, Germany, Italy and the Netherlands. DoCoMo has invested in KPN Mobile and AT&T Wireless and plans a U.S. j mode launch, timing undecided.
MENTIONED IN THIS ARTICLE
NTT DoCoMo
KPN Mobile
Netherlands
Telecom Italia Mobile
Belgium
Germany
Italy
At&t Wireless
United States
U.S
Market gains fade as earnings expectations weigh on traders
Investors pushed high tech and blue chip shares higher on Thursday with the Dow up 93.94 to 10,678.28 the Nasdaq rising 85.71 to 2,768.49 and the S P 500 up 18.50 to 1,347.97. Analysts warned profits may stay weak into the first quarter while earnings reports from Microsoft Ford and eBay offered mixed signals.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
Housing starts slip in 2000 amid rate rise and confidence dip
Washington AP reports housing starts fell to 1.59 million in 2000 from 1.67 million in 1999, a 4.4 percent drop. Higher mortgage rates and weaker consumer confidence cut demand, though activity remained firm. Builders see a 5 percent decline likely in 2001.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Ken Mayland
ClearView Economics
David Seiders
National Association of Home Builders
Seiders
Microsoft meets estimates as cautious outlook follows
Microsoft Corp shares rose 6 percent after hours after meeting reduced expectations while warning it will miss third quarter forecasts. The company posted net income of 2.62 billion dollars on 6.59 billion in revenue for the quarter ended December 31, with earnings of 47 cents per share.
MENTIONED IN THIS ARTICLE
Maker
Caterpillar
Sears
IBM
Federal Reserve
James Meyer
Jamey Montgomery Scott
Philadelphia
Seattle
Microsoft Corp
Microsoft
First Call/Thomson
Redmond
John Connors
Connors
Local markets report from Farmers Cooperative Assn
Agricultural prices show grain bids missing due to annual meeting. Corn 5, oats 12, soybeans 84 cents. beef and cattle quotes reflect Thursday activity with 46,700 futures and 19,500 steers and 27,200 heifers traded. Week to date totals 90,400 head with 49 percent previously contracted. Slaughter cattle and heifers priced in ranges by weight and grade. nonferrous metals and precious metals prices listed in New York market report.
MENTIONED IN THIS ARTICLE
Local Markets Farmers Cooperative Assn
Co-Op
USDA
Dodge City Livestock Dopee City
Also Mentioned on This Page
NBC
Europe
Japan
Dow
Nyse.com
Nasdaq.com
Ackerman
Alan Ackerman
Fahnestock & Co
THE
Microsoft.com
Handy & Harman
America
Ance Company
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