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Stock Market & Financial Investment News

News Breaks
March 25, 2014
12:35 EDTAWAY, PCLN, EXPEAnalyst downplays near-term threat to HomeAway from AirBnB
AirBnB, which connects travelers with non-traditional lodging options, does not pose a near-term threat to either HomeAway (AWAY) or online travel agencies, FBR Capital contended in a note to investors earlier. WHAT'S NEW: After media outlets reported that AirBnB was seeking to raise $400M-$500M at a company valuation of $10B, some are concerned about whether the company will hurt HomeAway or online travel agents, FBR Capital analyst Jake Fuller wrote. AirBnB - which matches travelers with spare apartments and rooms, as well as more exotic lodging options - operates in different markets than HomeAway, Fuller explained. AirBnB focuses primarily on urban locations, while HomeAway concentrates on enabling travelers to stay at peoples' second homes in vacation locations, the analyst wrote. Meanwhile, AirBnB is probably increasing the number of travelers who utilize traditional lodging options offered by the online travel agencies, the analyst stated. While that could change in the future as AirBnB looks to enhance the appeal of shared accommodations, the company does not threaten Expedia (EXPE) and priceline.com (PCLN) in the near-term, according to Fuller. He kept a Market Perform rating on HomeAway and Outperform ratings on Expedia and Priceline. PRICE ACTION: In early afternoon trading, HomeAway fell 2.5% to $38.54, Expedia slid 0.9% to $71.65, and priceline.com lost about 1% to trade near $1,214.
News For AWAY;PCLN;EXPE From The Last 14 Days
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October 20, 2014
16:24 EDTPCLNPriceline raises stake in Ctrip.com to 7.9% from 6.88%
October 13, 2014
10:00 EDTEXPEExpedia October calls active on renewed takeover chatter
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09:46 EDTEXPERumor: Expedia moves up on renewed takeover chatter
Shares of Expedia are moving higher on takeover speculation emanating from the following link. Reference Link
October 10, 2014
16:22 EDTPCLNPriceline raises stake in Ctrip.com to 6.88% from 5.84%
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08:01 EDTAWAYHomeAway, VacayStay Connect expand partnership
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