On Air Now

Current Show

Coast to Coast AM   12:00 AM - 5:00 AM

Contact Coast to Coast AM at 1-800-825-5033

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 »
55° Feels Like: 55°
Wind: S 3 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Partly Cloudy 79°

Tonight

Heavy Thunderstorms 67°

Tomorrow

Scattered Thunderstorms 87°

Alerts

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