That she was a contraction. I want to Bloombergs Julie Hyman with more on numbers. Julie contractions are a negative surprise. Economists had estimated 15 and inalf, expansion manufacturing. Instead, we got a reading of 40. 6, even after we have the Market Manufacturing number 15 minutes ago that showed an expansion, a better than estimated number. A couple of different readings. Prices paid rising less than estimated, a reading of 35. 5. At the same time, we got Construction Spending month over gain that gained 1 ,. 6 estimated here. Overall, it looks like the isn manufacturing report is considerably worse than had been estimated. We have been seeing for some time waning manufacturing numbers. This is the biggest decline since june of 2009 in manufacturing. Betty it is knocking stocks off the peak. Julie if you look at what is going on with the u. S. Averages, lets take a look. Weve been seeing a bounce back from yesterdays decline. Heading into what is traditionally the strongest mon
Pressure to change the way yahoo does business. We look at what the options are for the company. Netflix has had a great run with original shows winning emmys in critical acclaims. Now netflix is taking on movies, launching the first original film next year, as he is to a sequel to crouching tiger hidden dragon. First to our lead. Just months after a full preparation just months after saying a full separation of ebay and how about that paypal was a bad idea, they are not changing their tune. Paypal to become a separate him funny sometime next year. Ebay had pressured based rusher from our icon who urged them to change from traditional marketplaces is nice. Now there will be executive changes as well. Ofon winick will become ceo the new ebay. American express executive dan shulman is ceo designate of the new paypal company. Donahoe will have no executive role in the new businesses. Is it the new a good idea . Ive been asking various members that very idea. These are the paypal founders
Their tune. By a had faced pressure from carl icahn and others who urged them to their marketplaces and payment business. With this move, don hoe will eave once it is completes. American express dan shulman is c. E. O. Designate of the new palpal company. Is it a good idea . I have been asking various members of the paypal mafia that question. Here are some of their opinions. There are still a lot of synergies between ebay and paypal. No matter what happens, whether they spin t out or keep it in, there has to be a firm agreement. I think that is a priority. Will paypal grow faster if it were not within ebay . Maybe, maybe not. Would it be valued differently the market or have a better mull. . I dont really care. If it spun out and had its own stock, you could motivate the Management Team to do more direct they would be compensated on pal pays performance. The relationship to ebay has to be extremely strong. Should paypal be spun off from ebay . I think there are very large synergies be
Ebay had faced pressure from carl icahn and others who urged them to split their marketplaces and payment business. With this move, donahoe will leave once it is complete. American express executive dan shulman is c. E. O. Designate of the new palpal company. Is it a good idea . I have been asking various members of the paypal mafia that question. These are the paypal founders who sold the company to ebay in 2002. Here are some of their opinions. There are still a lot of synergies between ebay and paypal. No matter what happens, whether they spin it out or keep it in, there has to be a Firm Commercial agreement. I think that is a priority. Will paypal grow faster if it were not within ebay . Maybe, maybe not. Would it be valued differently by the market or have a better multiple all that stuff . I dont really care. If it spun out and had its own stock, you could motivate the Management Team to do more direct they would be compensated purely on palpays performance. Spinning out is not a
And Marissa Mayer opens up to me plans for the company. First, netflix concord original tv shows. Now it is trying to make its own movies. But the cost of making a movie is big. The question is will this pay off in profits . But to our lead, just months after saying a full separation of ebay and paypal was a bad they are changing their tune. Carl icahn and others urged the split. Ebays marketplace president will become the new ceo of ebay. American express executive dan shulman is ceo designate of the new paypal company. Is this a good idea . My partner, emily chang, has been posing that very question to the original founders of the paypal mafia. Lets see what they had to say. No matter what happens, whether they spin it out or keep it in, there has to be a very firm agreement between ebay and paypal. That is true. Could paypal grow faster if it were not within ebay . Maybe, maybe not. Would it be valued differently by the market . Would it have a better multiple . All of that stuff .