New User:

-or-
Username:
Password:
Forgot your password?

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
Check below for free stories on AWAY;PCLN;EXPE the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 23, 2014
11:24 EDTPCLN, AWAY, EXPEIndustry data points to strong Q2 for online travel names, says Piper Jaffray
Subscribe for More Information
July 22, 2014
11:48 EDTEXPEStocks with call strike movement; EXPE ALXN
Subscribe for More Information
09:13 EDTAWAYAmazon HomeAway TripAdvisor should be bought into results, says Pacific Crest
Pacific Crest expects TripAdvisor (TRIP), Amazon (AMZN) and HomeAway (HOME) to report strong Q2 results. The firm thinks that all three companies have strong fundamentals.
09:03 EDTEXPEExpedia Q2 results should beat expectations, says Cantor
Cantor's checks point to relative strength in U.S. paid search on Expedia.com in 2Q, along with healthy growth in Hotels.com visitation and improving European room rates. The firm keeps an $82 price target and Buy rating on the shares.
July 18, 2014
09:20 EDTEXPEExpedia checks point to potential Q2 upside, says FBR Capital
Subscribe for More Information
July 16, 2014
18:03 EDTPCLNMedAssets to replace OpenTable in S&P 600 as of 7/23 close
Subscribe for More Information
July 11, 2014
06:10 EDTPCLNJPMorgan expects solid Q2 results in Internet space
Subscribe for More Information
July 10, 2014
07:57 EDTEXPE, PCLNPriceline property count suggests Q2 upside, says FBR Capital
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use