Danielle Kucera
Cyber Monday sales hit record as Amazon, EBay win shoppers
SAN FRANCISCO – Cyber Monday sales surged, sending online shopping toward a single-day record as Amazon.com Inc. and EBay Inc. siphoned consumers from brick-and-mortar...
Record online holiday sales seen as mobile drives growth
SAN FRANSISCO - Online retailers are poised for a record $43.4 billion holiday sales season as shoppers increasingly rely on social networks and mobile...
Amazon, EBay pop up on retail’s turf to grab holiday sales
SAN FRANCISCO - Amazon.com Inc. and EBay Inc., aiming to get more consumers to shop online this holiday season, are taking their fight to...
Hulu seen at 50 times earnings with Netflix multiple
NEW YORK - Hulu LLC may cost potential buyers from Yahoo! Inc. to Amazon.com Inc. as much as 50 times earnings for a chance...
BJ’s Wholesale set to gain 20% with $3.1 billion bid
NEW YORK - BJ’s Wholesale Club Inc. may be poised to extract $750 million for shareholders at the expense of its private equity bidders.
Almost...
Blackboard seen losing 50% gain with private equity: real M&A
NEW YORK - Blackboard Inc. shareholders may lose out on a 50 percent gain as private equity buyers circle the maker of online educational...
BofA cuts 3,500 jobs in mortgage origination, Moynihan says
Bank of America Corp., the largest U.S. lender by assets, has been cutting jobs in the mortgage-origination business as demand falls for home loans.
“We...
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