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EBay posts higher earnings, revenue
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SAN JOSE (AP) — EBay reported Tuesday that its third-quarter net income rose 22 percent thanks to higher revenue at its PayPal payments service and at the marketplaces business that includes eBay.com. The results were roughly within expectations, with revenue a little light and earnings a tad higher than what Wall Street analysts had predicted. CEO John Donahoe sounded an upbeat note about the holiday shopping season and eBay Inc. raised slightly its full-year guidance for net income and revenue.