eBay Rises 7% Overnight on Earnings

The online auction business eBay rose over 7% in after-hours trading on Wednesday after a better than expected earnings report. Profit for the third quarter rose 23% compared to a year ago. The main earnings driver for the company was its online transaction processor PayPal. Current quarter estimates were also increased by the online auction operator which made investors snap up shares quickly.

Las Vegas Sands (LVS) Receives A Higher Estimate

Las Vegas Sands is an operator of resort locations and casinos in Las Vegas and Macao China. It’s stock has a current market cap of $25.7 Billion with no dividend. The price of the stock took a hit during the recession as vacation traffic diminished but has seen a strong rebound  over the past 52 weeks.

WW Grainger Inc (GWW) is a facilities maintenance company that distributes related products and offers related services. Based in Lake Forest Illinois, the company’s stock is a member of the S&P 500. With a market cap of 8.61 billion, WW Grainger is one of the larger companies discussed on FastSwings.com in the past month. The stock has a $2.16 a share dividend which translates into a 1.8% yearly return.