EBay Inc., the world’s largest online auctioneer, said fourthquarter profit rose 24%, beating analysts’ estimates, as holiday shoppers bought more goods using the company’s PayPal onlinepayment service. The retailer also boosted its full-year earnings forecast and said in a statement yesterday that it may repurchase as much as $2 billion in additional stock, sending the [...]



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Posted: 01|25|07 at 8:04 am. Filed under: Auction News.