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EBay more than doubles 2Q earnings, revenue up

By Barbara Ortutay
Published
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NEW YORK (AP) — EBay Inc. more than doubled its second-quarter net income thanks to higher revenue from its PayPal online payments business and its e-commerce websites.

The solid results, which came against the backdrop of the ongoing European economic turmoil, prompted investors to send the company’s stock up nearly 6 percent in after-hours trading.

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