BlackBerry Ltd.’s swelling inventory of unsold smartphones is approaching the $1 billion mark, raising the chance the company will make its fourth writedown in two years when it posts earnings next week.
EBay Inc. rose after the largest Internet marketplace reported sales and profit that topped analysts’ estimates, buoyed by a campaign to promote its retail offerings and broader use of the PayPal online-payments service.
Google Inc.’s challenge to Facebook Inc. in social networking, an effort analysts said will cost more than $200 million, probably slowed second-quarter profit growth for the world’s largest Web search engine.
EBay Inc. , the world’s largest online marketplace, forecast higher second-quarter revenue than analysts had estimated, driven by demand for its PayPal payment service and improvements to its main site.
Amazon.com Inc., the world’s largest Internet retailer, reported a plunge in third-quarter profit after it ramped up spending on new products such as the Kindle Fire tablet. The shares tumbled 19 percent in late trading.