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Posts Tagged ‘ Cyber Monday ’

eBay (EBAY) To Thrive On American Thrift

Dec 5th, 2008 | By Andrew Snyder | Category: Stock Market Investing

Cyber Monday was better for online retailers than most expected. But consumers were only interested in heavily-discounted goods. That’s why Andrew Snyder thinks eBay (NASDAQ:EBAY) is well placed to turn a profit this Christmas. It not only attracts bargain hunters, but also sellers desperate to raise cash. And better still, it has a balance sheet that most companies dream of these days.



Black Friday, Cyber Monday Fail to Allay Retail Anxiety

Dec 2nd, 2008 | By Jason Simpkins | Category: Financial News

Steep holiday discounts and bargain hunting boosted Black Friday sales, but a dour economic outlook leaves analysts skeptical that Americans will be able to sustain their buying frenzy for the duration of the holiday season.