Internet commerce company Ebay Inc beats the expectations of speculators with strong Q2 results with net profit of $412 Million. Ebay share rose 3.6% hours after company predicted that PayPal results would strong throughout the year. For Q2 company has booked $2.2 Billion in revenue. The company had a 15 percent gain in adjusted revenue, which excluded Skype, eBay's former Internet telephone unit, which it recently sold.
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When the going gets tough, the tough get going. But that doesn't seem to fit in case of LG Smartphone business.