NEW YORK — EBay Inc. posted a third-quarter profit that beat analyst forecasts Wednesday, but its lower-than-expected fourth-quarter forecast indicated the online auction-site operator is not immune from the slowing economy.
The company's shares fell 54 cents, or 3.8 percent, in after-hours trading, after finishing regular trading down $2.41, or 13.6 percent, at $15.33. EBay has about 1,600 employees in Draper.
EBay earned $492 million, or 38 cents per share, in the quarter that ended Sept. 30. In the year-ago period, eBay reported a loss of $936 million, or 69 cents per share, stemming from charges to its Skype telecommunications unit.
Backcountry.com's CEO
It took a snow shovel for Jill Layfield to further know that she was at the right company.
Index falls
Utahns' confidence in the economy came down from a 16-month high in April as Index decreased 6.3 points.
Poor are more charitable
A 2009 national look at charitable giving by McClatchy Newspapers showed the poor give more.
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