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Stock Market & Financial Investment News

News Breaks
August 25, 2014
08:44 EDTEXPE, TRIPExpedia Q3 trends encouraging, says FBR Capital
FBR Capital believes that Q3 U.S. trends indicate that Expedia (EXPE) continues to generate healthy growth. The firm thinks that the company's room night growth and domestic ticket volume growth have accelerated slightly from June levels. FBR expects Expedia to benefit from a change in TripAdvisor's (TRIP) meta path. It keeps an Outperform rating on Expedia.
News For EXPE;TRIP From The Last 14 Days
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September 16, 2014
07:57 EDTEXPEFBN Securities to hold a tour
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September 9, 2014
11:53 EDTTRIPStocks with call strike movement; YHOO TRIP
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September 5, 2014
10:05 EDTTRIPOn The Fly: Analyst Upgrade Summary
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06:59 EDTTRIPTripAdvisor upgraded to Equal-Weight from Underweight at Evercore
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September 4, 2014
10:29 EDTTRIPOn The Fly: Analyst Initiation Summary
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07:18 EDTEXPEACCC cites competition concerns about Expedia proposed acquisition of Wotif
The Australian Competition and Consumer Commission has released a Statement of Issues outlining competition issues that have arisen to date from the ACCC’s review of the proposed acquisition of Wotif.com Holdings by Expedia. The ACCC is exploring whether the removal of Wotif from the Australian market has the potential to increase the rate of commissions charged to hotels and other accommodation providers in Australia. The ACCC’s preliminary view is that bricks and mortar travel agents are unlikely to be a strong constraint on the operations of OTAs and therefore do not form part of the relevant market. “The ACCC is seeking further information to determine whether the proposed acquisition is likely to substantially lessen competition in the market for the online distribution of Australian accommodation,” ACCC Chairman Rod Sims said. Reference Link
September 3, 2014
16:17 EDTTRIPTripAdvisor initiated with a Fair Value at CRT Capital
Target $110.

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