Ebay, Ecolab, El Paso, Lions Gate Score New Annual Stock Highs Today

Ebay Inc. (NASDAQ:EBAY): eBay anounced a new partnership with major carrier Three.co.uk; strategic integrations with merchants such as Yotel and Entradas.com; and mobile app updates that evolve mobile commerce selling and shopping experiences for consumers. eBay and Three.co.uk have partnered to deliver mobile devices pre-loaded with eBay apps, bringing the mobile shopping experience directly to consumers. PayPal launched today the PayPal Carrier Payment Network, to make mobile carrier payments more viable for a wider number of online merchants. The shares closed at $36.56, up $0.2 or 0.55% on the day. They have traded in a 52-week range of $26.86 to $36.52.

Ecolab Inc. (NYSE:ECL): The company is set to release earnings tomorrow, Feb. 28th. The average estimate of analysts is for profit of 70 cents per share, a rise of 16.7% from the company’s actual earnings for the same quarter a year ago. The shares closed at $62.62, down $0.07 or 0.11% on the day. They have traded in a 52-week range of $43.81 to $62.73.

El Paso Corp. (NYSE:EP): Reported Q4 Pipeline Group EBIT $417M vs. $439M in Q4 of 2010. The shares closed at $27.66, up $0.5 or 1.84% on the day. They have traded in a 52-week range of $16.01 to $27.39.

Energy Xxi Bermuda (NASDAQ:EXXI): Current production is approaching 50,000 BOE/d and the company has more than a dozen additional wells scheduled to come on production between now and their June 30 fiscal year end. The shares closed at $38.87, up $0.29 or 0.75% on the day. They have traded in a 52-week range of $18.79 to $39.33.

Lions Gate Entertainment (NYSE:LGF): CBS (NYSE:CBS) and Discovery (NASDAQ:DISCA) are both interested in buying the TV Guide Network, owned by Lions Gate (NYSE:LGF), reports the New York Post. According to sources familiar with the talks, the network could fetch as much as $350M, which its accompanying site to go for $50M. The shares closed at $13.59, down $0.32 or 2.3% on the day. They have traded in a 52-week range of $5.69 to $14.15.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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