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Stock Market & Financial Investment News

News Breaks
December 21, 2012
10:46 EDTEXPEExpedia agrees to acquire majority of trivago for $632M
Expedia announced entry into a definitive agreement to acquire a 61.6% equity position in trivago, a metasearch company headquartered in Dusseldorf, Germany, for total consideration of approximately $632M, based on current exchange rates, including EUR434M in cash as well as EUR43M in Expedia common stock. Expedia expects the deal to be accretive to adjusted earnings per share in 2013. The deal is anticipated to close during the first half of 2013 pending approval from relevant competition authorities. Post close, the trivago co-founders and management team will continue to operate independently based out of trivago's headquarters in Germany.
News For EXPE From The Last 14 Days
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November 24, 2014
09:10 EDTEXPEExpedia coverage assumed with a Neutral at Credit Suisse
Target $87.
November 21, 2014
10:47 EDTEXPEAmazon reported travel entry viewed positively by Piper's Munster
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November 18, 2014
14:01 EDTEXPEExpedia to begin selling airline branded fares in 2015
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November 14, 2014
17:13 EDTEXPEAppaloosa gives quarterly update on stakes
NEW STAKES: NXP Semiconductors (NXPI), Lorillard (LO), Alibaba (BABA), and Shire (SHPG). INCREASED STAKES: Whirlpool (WHR), Priceline (PCLN), Delta (DAL), CBS (CBS), and General Motors (GM). DECREASED STAKES: American Airlines (AAL), Disney (DIS), Apple (AAPL), MGM Resorts (MGM), and Eastman Chemical (EMN). LIQUIDATED STAKES: Expedia (EXPE), AIG (AIG), Prudential (PRU), Celanese (CE), and ASML Holding (ASML).

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