On Air Now

Current Show

Ground Zero with Clyde Lewis   11:00 PM - 12:00 AM

Call in to Ground Zero at 1-888-673-3700

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 550 AM Wausau, WI 99.9 FM Stevens Point, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
65° Feels Like: 65°
Wind: ESE 8 mph Past 24 hrs - Precip: 0.17”
Current Radar for Zip

Tonight

Cloudy 65°

Tomorrow

Cloudy 80°

Sat Night

Mostly Cloudy 66°

eBay shares plunge in Frankfurt trade


A general view of eBay headquarters in San Jose, California February 25, 2010. REUTERS/Robert Galbraith
A general view of eBay headquarters in San Jose, California February 25, 2010. REUTERS/Robert Galbraith

FRANKFURT (Reuters) - Shares in internet auctioneer eBay <EBAY.O> plunged in Frankfurt floor trade on Thursday, after the company forecast results for the remainder of 2010 below Wall Street expectations.

By 0712 GMT, Frankfurt-listed shares in eBay <EBAY.F> were down 8.1 percent.

"The forecast for eBay fell short of analysts' expectations," a Frankfurt-based trader said.

Qualcomm <QCOM.O>, the world's biggest maker of cellphone chips, also fell 8.6 percent in Frankfurt <QCOM.F>, after forecasting lower-than-expected revenue late on Wednesday.

(Reporting by Christoph Steitz)

Comments