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Stock Market & Financial Investment News

News Breaks
July 3, 2014
07:07 EDTEXPE, CTRP, LONGCtrip rumored to plan purchase of Expedia stake in eLong, Marbridge Daily says
Ctrip (CTRP) is rumored to plan to buy Expedia's (EXPE) 82% voting stake in eLong (LONG) via a share swap deal that values eLong at $800M-$1B, according to Southern Metropolitan News, reported Marbridge Daily. Reference Link
News For LONG;CTRP;EXPE From The Last 14 Days
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July 7, 2015
14:56 EDTCTRPCtrip.com volatility increases on wide price movement
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10:04 EDTCTRPHigh option volume stocks
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July 1, 2015
17:08 EDTLONGQunar receives final judgement in dispute with eLong
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10:28 EDTEXPEOptions with increasing implied volatility
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07:47 EDTEXPEExpedia waiving certain clauses in deals with European hotel partners
The Expedia group announced that it intends to waive certain clauses in its agreements with its European hotel partners.A number of European competition authorities are currently investigating rate, conditions and availability parity clauses in certain online travel agency agreements with hotels. Expedia has worked closely and constructively with these authorities and the European Commission and today announced that it is waiving its rate, conditions and availability parity clauses with its hotel partners for a period of five years in line with Clauses 1.1, 1.2 and 2.1 of the formal commitments offered by Booking.com and accepted by the national competition authorities in France, Italy and Sweden in April 2015. The changes announced today apply to all hotel properties in Europe and affect consumers booking via Expedia’s sites worldwide. Expedia’s waivers will become effective as of August 1 and Expedia will contact its hotel partners in Europe individually to communicate this announcement and how it intends to implement the changes announced today.While Expedia maintains that its current rate, conditions and availability parity clauses are lawful and in compliance with competition law, Expedia considers that today’s announcement is a positive step towards facilitating the closure of the open investigations into such clauses on a harmonised pan-European basis.
07:32 EDTLONGBeijing High Court upholds first instance judgement in favor of eLong
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05:54 EDTCTRPCtrip.com recommended into Q2 earnings report at Piper Jaffray
Piper Jaffray analyst Michael Olson recommends owning shares of Ctrip.com into the company's Q2 earnings report. Olson views China travel fundamentals as solid and sees potential for Ctrip's margin expansion to top expectations. He reiterates an Overweight rating on the stock with a $91 price target.
June 30, 2015
11:07 EDTEXPEPriceline rises after analysts highlight positive travel trends
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07:41 EDTEXPEOnline travel trends point to solid Q2, says Piper Jaffray
Piper Jaffray analyst Michael Olson said analysis of travel industry trends through May point to a "solid" second quarter for online travel, noting his belief that Priceline (PCLN) has the most favorable risk/reward in the space given the stock's underperformance so far this year. In addition to an Overweight rating on Priceline, Olson keeps an Overweight on HomeAway (AWAY) and TripAdvisor (TRIP), but has a Neutral rating on Expedia (EXPE), citing its relative valuation.
June 25, 2015
07:12 EDTEXPEExpedia Q2 trends positive, says Cantor
After conducting checks, Cantor says that hotel rates in Europe and the U.S. are improving, while Internet metrics look favorable for Expedia. The firm keeps a $120 price target and Buy rating on the stock.

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