Recent Insider Selling: MannKind Corporation (NASDAQ:MNKD), Groupon (NASDAQ:GRPN), Brocade Communications Systems (NASDAQ:BRCD), eBay (NASDAQ:EBAY), ConAgra Foods Inc (NYSE:CAG)

MannKind Corporation (NASDAQ:MNKD) VP Juergen Martens sold 25,417 shares of the stock on the open market in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $10.53, for a total transaction of $267,641.01. MannKind Corporation (NASDAQ:MNKD) stock performance was -5.84% in last session and finished the day at $10.32. Traded volume was 21.06million shares in the last … Continue reading Recent Insider Selling: MannKind Corporation (NASDAQ:MNKD), Groupon (NASDAQ:GRPN), Brocade Communications Systems (NASDAQ:BRCD), eBay (NASDAQ:EBAY), ConAgra Foods Inc (NYSE:CAG)

(NASDAQ:EBAY) EBay’s PayPal CEO joins Facebook (NASDAQ:FB) To Lead Messaging Products (Video)

eBay said on Monday David Marcus, who has led eBay Inc’s fast-growing payments unit PayPal, will step down from the e-commerce company on June 27 to run Facebook messaging products. EBay shares fell about 2 percent in trading after hours. Marcus has led PayPal, which has 148 million active users, for the past two years during which the payments unit has moved more aggressively into stores and mobile devices.

Facebook has nabbed PayPal’s president in the clearest indication yet that the social media company will soon be venturing into online payments. the company announced in a press release on Monday David Marcus will lead Facebook’s messaging products. Marcus confirmed the move with a post to Facebook, which said “While I was in the middle of my thought process about what was next for me, Mark Zuckerberg and I got together.”

Following the acquisition of Whatsapp, Facebook is now looking for a strong strategy to actively monetize NASDAQ:FB leadership in the live messaging business. David Marcus should lead the way within the Facebook organization.

Facebook has appointed PayPal CEO David Marcus to head to its Messenger service. Not surprisingly, that’s got the tech industry abuzz over how the company will finally start making money from its Messenger app. One way is to start a money transfer service that puts Facebook head-to-head with Marcus’s last employer. Another is to create stickers. Cute digital icons are all the rage in Asia, and they could become bigger on Facebook‘s Messenger service if the right infrastructure is put in place by it and other services like Instagram

Continue reading “(NASDAQ:EBAY) EBay’s PayPal CEO joins Facebook (NASDAQ:FB) To Lead Messaging Products (Video)”

Hot Watch List: Apple Inc. (NASDAQ:AAPL), Staples, Inc. (NASDAQ:SPLS), Micron Technology, Inc. (NASDAQ:MU), American Airlines Group Inc (NASDAQ:AAL), eBay Inc (NASDAQ:EBAY)

Apple Inc (NASDAQ:AAPL)’s resurgent stock may have as much to do with financial engineering as the company’s technological wizardry. In late April, the iPhone and iPad maker announced plans to split its stock for the first time in nine years. Since then, Apple’s stock has climbed 23 per cent, creating more than $100 billion in shareholder wealth while the Standard & Poor’s 500 edged up … Continue reading Hot Watch List: Apple Inc. (NASDAQ:AAPL), Staples, Inc. (NASDAQ:SPLS), Micron Technology, Inc. (NASDAQ:MU), American Airlines Group Inc (NASDAQ:AAL), eBay Inc (NASDAQ:EBAY)

Services Sector Most ACtive Stocks: Rite Aid Corporation (NYSE:RAD), Sirius XM Holdings Inc. (NASDAQ:SIRI), NewLead Holdings (NASDAQ:NEWL), eBay Inc (NASDAQ:EBAY), AAL

Rite Aid Corporation (NYSE:RAD), the Camp Hill drug store chain, hired Matt Lynch as senior vice president and chief information officer. He had been senior vice president and chief information officer for Dick’s Sporting Goods. Rite Aid Corporation (NYSE:RAD) stock performance was -1.91% in last session and finished the day at $7.72. Traded volume was 45.96million shares in the last session and the average volume … Continue reading Services Sector Most ACtive Stocks: Rite Aid Corporation (NYSE:RAD), Sirius XM Holdings Inc. (NASDAQ:SIRI), NewLead Holdings (NASDAQ:NEWL), eBay Inc (NASDAQ:EBAY), AAL

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Services Sector Active Runners: eBay Inc (NASDAQ:EBAY), Pandora Media Inc (NYSE:P), The Wendy’s Co (NASDAQ:WEN), Time Warner Inc (NYSE:TWX)

At the Imagine 2014 global ecommerce event today, eBay Inc (NASDAQ:EBAY) released the newest versions of Magento Enterprise Edition (version 1.14) and Community Edition (version 1.9). Both editions include a new Responsive Reference Design Theme, Bill Me Later as a payment option and PayPal Express Checkout improvements. Magento Enterprise Edition will also include faster search indexing. The upgrades make it easier and less expensive for … Continue reading Services Sector Active Runners: eBay Inc (NASDAQ:EBAY), Pandora Media Inc (NYSE:P), The Wendy’s Co (NASDAQ:WEN), Time Warner Inc (NYSE:TWX)

Internet Stocks in Focus: eBay Inc (NASDAQ:EBAY), Twitter Inc (NYSE:TWTR), LinkedIn Corp (NYSE:LNKD)

eBay Inc(NASDAQ:EBAY) shares have largely been trading in a range of $50 at the low and $56 at the high (with some notable exceptions) since late 2012. A range that has been this long in development tends to keep moving in the direction of the ultimate break of the range. If $50 were taken out on the downside, we could expect further price weakness to … Continue reading Internet Stocks in Focus: eBay Inc (NASDAQ:EBAY), Twitter Inc (NYSE:TWTR), LinkedIn Corp (NYSE:LNKD)