Gsi Commerce News Today

The day .5% lower as you can see by the figures there. well, speaking of those companies listed on the nasdaq, the online auction site ebay is buying e commerce marketing firm gsi commerce. the price tag $2.4 billion, represents a 51% premium over gsis stock price. the company handles payment processing and also customer service in addition to operating a sports merchandising business. you can imagine, pauline, perhaps some synergies between those two companies. >> yeah, absolutely. well, we...

Specifically, ebay shares weighed heavily on that tech-heavy index following the companys move to acquire gsi commerce. when it comes to the broad s&p, that index lost about $25% by the close. this is where we stand in terms of the pre-market action on the futures. and most of those markets up to the tune of about .3% to .4%. of course, things could change rally before they open, as weve seen on the ftse and other european markets starting on a positive note and falling further, pauline. lets ...

Cnbc market wrap. stocks slightly lower. the dow jones industrial slipping 22 points. the s&p 500 falling 3.5. stocks turned negative in the final hour as investors locked in profits after last weeks big gains. verizon and at&t leading blue-chips for most of the day on an analyst upgrade. shares of nokia and alcetel lieu sent surged on an upgrade from goldman sachs. claims will be reviewed that research many motion and apple are infringing on their patents. and ebay will buy gsi commerce. thats ...

Do you ever wish your boss could do your job for day, just a day, to see exactly what you go through? the ceo of gsi commerce michael ruben did just that when he appeared on the hit reality tv show "under cover boss." michael ruben joins me live from philadelphia. good to see you, michael. >> thanks for having me. >> not only did you appear on the show, but you got fired on the first day of going under cover at your own company. so what do you suppose you did wrong and people didnt necessarily k...

>> david: were back with a summit of our own. forbes stock summit to make you money. mike, natural gas. >> the ceo bought a lot of stock last quarter, very attractive dividend which in this type of environment. >> david: vicky, what do you think? >> nice dividend and the stock looks cheap but revenues fell to 4.9. that is not good. >> david: you are going something that i dont understand, marketing on the internet. >> this is company not many people have heard of. gsi commerce. they are like beh...

Ebay buying gsi commerce for nearly $2 billion. gsi surged 50% while ebay lost over 4%. netflix rose 4% over a deal to subscribe more in canada. and halliburton announced first quarter earnings could be trimmed. watch home deparkway poe -- depot, buying back about $1 billion in outstanding shares. members of japans parliament have agreed to take a 14% annual pay cut to aid the biggest rebuilding effort since world war ii. half of the experts involved in writing treatment guidelines for h...