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  • eBay profit up 5.6%, revenue surges 13%

    San Jose, Calif. -- EBay Inc. on Wednesday reported that its second quarter earnings rose 5.6%, topping analysts' expectations.

    The company posted $676 million in net income, up from $640 million in the same quarter a year ago.

    Revenue rose 13% to $4.37 billion from $3.88 billion in the same quarter a year ago.
     

     

  • Report: New York data breaches triple since ‘06

    New York – Data breaches in the state of New York more than tripled between 2006 and 2013, exposing 22.8 million records. According to Bloomberg, a report from the New York attorney general’s office indicates almost 5,000 data breaches were reported in New York during those seven years.

  • Retail sales inch up 0.2% in June, dragged down by drop in auto sales

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  • Survey: Most Americans have made online purchases

    New York – A majority of Americans say they have purchased clothing (69%), digital content (59%), and accessories such as handbags and shoes (54%) online, while half (49%) have purchased personal electronics such as digital music players or tablets in this fashion. However, according to a recent Harris Poll of 2,241 U.S. adults, nearly eight-in-10 respondents indicated an in-person preference for general food purchases such as groceries (78%).

  • What CE shoppers will be buying this Christmas

    Americans have never had greater access to amazing consumer electronics products thanks to eye-popping innovation that is translating to uneven growth and interesting implications for the holiday season, according to the latest sales projections from the Consumer Electronics Association (CEA).

  • NACS: Consumer optimism surges

    Alexandria, Va. - Consumer optimism about the economy reached a 12-month high in July. According to data from the National Association of Convenience Stores (NACS), consumer optimism surged from 39% to 46%, the highest level of optimism since it stood at 48% in July 2013.

  • First Data: June spending growth slows

    Atlanta -- Consumer spending slowed in June but remained positive on a year-over-year basis with a growth of 3%, according to First Data SpendTrend analysis, which tracks same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly four million merchant locations serviced by First Data.

  • Spending growth solid in June

    First Data Corporation reported solid June spending growth in a number of sectors in its First Data SpendTrend analysis for May 31, 2014 through June 30, 2014, compared to June 1, 2013 through July 1, 2013.

    SpendTrend tracks same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly 4 million merchant locations serviced by First Data.

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