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EBay's profit beat shows there's life after PayPal| Reuters

Oct 22, 2015    

EBay Inc (EBAY.O) reported a stronger-than-expected quarterly profit and raised its full-year adjusted profit forecast, helping to allay concerns about the company's prospects following the spinoff of PayPal, its main engine of growth.EBay, whose shares were up 8.5 percent after-hours on Wednesday, faces intensifying competition from rivals such as Amazon.com Inc (AMZN.O) as well as from retailers such as Wal-Mart Stores Inc (WMT.N) that are boosting their online presence.PayPal Holdings Inc (PYPL.O), a leader in the fast-growing payment processing market, became a separate company on July 18....

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