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Stock Market & Financial Investment News

News Breaks
April 7, 2014
14:18 EDTPCLN, EXPE, OWW, GOOGGoogle licenses booking software from Expedia-backed startup, Bloomberg says
Tech giant Google (GOOG), which has been bolstering its investments in travel, is now licensing hotel-booking software from Room 77, a startup backed by Expedia (EXPE), reported Bloomberg, citing a letter sent to Room 77 shareholders that was obtained by the news service. Other online travel agencies include Priceline Group (PCLN) and Orbitz Worldwide (OWW). Reference Link
News For GOOG;EXPE;PCLN;OWW From The Last 14 Days
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May 21, 2015
08:15 EDTGOOGSalesforce acquisition still possible, says JMP Securities
After Salesforce reported stronger than expected results, JMP Securities indicated that the results, along with statements by the company's CEO, make an acquisition seem less likely. However, the firm continues to believe that Google (GOOG), Oracle (ORCL), or Microsoft (MSFT) could buy the company. All three potential acquirers have significant cash and strong potential synergies with Salesforce, and the world is moving to the cloud, the firm explained. It raised its price target on Salesforce to $80 from $75 and keeps an Outperform rating on the shares.
May 20, 2015
06:25 EDTGOOGGoogle seeks new partners for next-generation Nexus phones, DigiTimes reports
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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%.
16:53 EDTGOOGGoogle near to launching new web photo service, Bloomberg says
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14:05 EDTGOOGGoogle bringing tweets to Google Search on mobile devices
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11:52 EDTGOOGDepartures raises concerns of Google's commitment to ecommerce, Re/code says
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10:47 EDTGOOGGoogle says 'no sacred cows' in rethink of Glass product, Financial Times says
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09:58 EDTOWW, PCLN, EXPEOn The Fly: Analyst Initiation Summary
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09:51 EDTGOOGYelp early strength attributed to talk of buyout
The early move higher in shares of Yelp is being attributed to speculation that Google (GOOG) may have interest in acquiring the online review site. The Wall Street Journal on May 7 reported that Yelp has hired banks to explore a sale. Shares of the company are up $1.05 to $47.61 in early trading.
08:20 EDTGOOGVerizon CFO sees net phone additions in Q2
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06:59 EDTGOOGYouTube Kids app receives complaints of 'inappropriate content', WSJ says
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06:18 EDTPCLNPriceline initiated with a Neutral at Guggenheim
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06:18 EDTOWWOrbitz initiated with a Neutral at Guggenheim
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05:36 EDTPCLNBooking.com implements new parity provisions in Germany
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May 18, 2015
16:22 EDTEXPEExpedia initiated with a Buy at Guggenheim
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11:47 EDTGOOGAmazon unlikely hurt by Google Buy button in next 3 years, says Piper Jaffray
Piper Jaffray analyst Gene Munster said he does not expect Google's (GOOG) addition of a "Buy" button for mobile e-commerce hurting Amazon.com (AMZN) over the next 1 to 3 years, but he does believe Google's plan presents a longer-term threat to "chip away" at Amazon's growth rate. However, Munster thinks it will be "next to impossible" for Google to replicate Amazon's core infrastructure and customer experience and he keeps an Overweight rating and $475 price target on Amazon shares.
08:22 EDTGOOGVerizon deal has multiple positive catalysts, says Wells Fargo
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07:59 EDTGOOGGoogle Buy button a natural fit for mobile shopping listings, says Baird
Baird noted Google added a Buy button to accompany mobile product listings and believes it will improve the company's e-commerce search competitiveness. Baird reiterated its Outperform rating and $690 price target on Google shares.
May 17, 2015
18:56 EDTGOOGGoogle to feature 'buy' button in sponsored search results, WSJ says
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16:50 EDTGOOGWhite House wavers on backing Google, Oracle in copyright suit, Reuters says
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