eBay's 2Q Profit Falls on Acquisition Charges

eBay Inc.'s PayPal online payment service and marketplaces business grew swiftly during the second quarter, helping its results beat analyst expectations, although charges from its recent purchase of retail website operator GSI Commerce cut its profit. For the quarter that ended June 30, eBay said it earned $283.4 million, or 22 cents per share, down 31 percent from $412 million, or 31 cents per share, a year earlier.