eBay faces activist pressure for spinoff

eBay faces activist pressure for spinoff

This e-commerce giant now has over 179 million active users worldwide, with $23.2 billion in merchandise sold through its network of sites. That volume led the company to record earnings in 2018.

Still, activist investors now want to see the company spin off its online… Read More

Activists call for another eBay spinoff

eBay spun off its PayPal transaction-processing business in July 2015. Since then, eBay shares has gained 38%. Over that same time, PayPal has jumped 170%.
Two activist investors have now targeted eBay. They want the company to spin off its classified ad and StubHub ticket re-selling… Read More

Q: Pat: What is your recommendation for U.S. restaurant chain Bloomin’ Brands? They own Outback Steakhouse. Thank you.

A: Bloomin’ Brands Inc., $20.07, symbol BLMN on Nasdaq (Shares outstanding: 92.8 million; Market cap: $1.8 billion; www.bloominbrands.com), owns and operates 1,494 restaurants (1,200 company-owned and 294 franchised) in 48 states and 19 countries. Its restaurant brands include Outback Steakhouse, Fleming’s Prime Steakhouse, Bonefish Grill… Read More