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Stock Market & Financial Investment News

News Breaks
August 1, 2014
07:36 EDTEXPEExpedia price target raised to $95 from $85 at UBS
UBS raised its price target on Expedia to $95 from $85 following the company's Q2 results, citing its hotel room growth, share repurchases, and management commentary on air ticket and car rental trends. The firm keeps its Buy rating on the stock.
News For EXPE From The Last 14 Days
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May 22, 2015
16:20 EDTEXPEOn The Fly: Top stock stories for Friday
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12:34 EDTEXPEOn The Fly: Top stock stories at midday
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10:19 EDTEXPEExpedia sale of eLong stake a positive for all parties, says Oppenheimer
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09:40 EDTEXPEExpedia opens at fresh life high, retraces, levels to watch
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09:34 EDTEXPEActive equity options trading on open
Active equity options trading on open: AAPL BABA AMZN FB MU BIDU SDRL BAC INTC EXPE CHK FEYE
09:25 EDTEXPEOn The Fly: Pre-market Movers
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05:29 EDTEXPECtrip.com acquires 37.6% stake in eLong from Expedia
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05:27 EDTEXPEeLong announces sale of Expedia stake
eLong (LONG) announced the sale by Expedia (EXPE) of its 62.4% ownership interest in the company held through its wholly owned subsidiary. Expedia informed eLong that, on May 22, all of the ordinary shares Expedia owned were sold at an average price of $14.63 per share to several purchasers based in China, including C-Travel International, a wholly owned subsidiary of Ctrip.com (CTRP), Keystone Lodging Holdings Limited, Plateno Group Limited and Luxuriant Holdings Limited.
05:25 EDTEXPEExpedia sold 62.4% stake in eLong for about $671M
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May 19, 2015
17:29 EDTEXPEExpedia CFO clarifies guidance, says 70%-90% of EBITDA growth coming in 2H
During JPMorgan's Global Technology, Media and Telecom conference, Expedia CFO Mark Okerstrom stated, "I did want to just reiterate though and clarify some of the guidance that I gave on the [Q1 conference call]." Okerstrom went on to clarify that, excluding e-loan, the company expects the vast majority of its adjusted EBITDA dollar growth to come in the back half of the year. "Not sure if the message got through," elaborated Okerstrom, but for Expedia, vast majority means somewhere between 70%-90%.
09:58 EDTEXPEOn The Fly: Analyst Initiation Summary
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May 18, 2015
16:22 EDTEXPEExpedia initiated with a Buy at Guggenheim
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