News Breaks |
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| February 13, 2013 |
| 11:37 EDT |  | OWW, AAMRQ, TSG | Orbitz loses bid to enforce American Airlines agreement, Bloomberg says
Orbitz Worldwide Inc (OWW) has lost its bid for a court order to enforce American Airlines (AAMRQ) to honor an alleged agreement to settle an antitrust lawsuit, says Bloomberg. Reference Link |
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News For OWW;AAMRQ;TSG From The Last 14 Days Check below for free stories on OWW;AAMRQ;TSG the last two weeks. |
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| May 19, 2013 |
| 18:46 EDT | | OWW | Bears' arguments for Orbitz are more convincing, Barron's says
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| May 16, 2013 |
| 08:28 EDT | | AAMRQ | EU to decide on Delta, Virgin deal next month, Reuters reports
EU antitrust regulators will decide by June 20 whether to clear a bid by Delta Air Lines for a 49% stake in Virgin Atlantic, reports Reuters. Reference Link |
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| May 10, 2013 |
| 06:47 EDT | | AAMRQ | Delta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link |
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| 06:29 EDT |  | OWW | Orbitz price target raised to $10 from $7 at Benchmark Co.
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| May 9, 2013 |
| 12:00 EDT |  | OWW | Orbitz rises 22.5%
Orbitz is up 22.5%, or $1.45, to $7.90 |
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| 10:00 EDT | | OWW | Orbitz rises 14.9%
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| 09:00 EDT | | OWW | Orbitz rises 6.2%
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| 08:19 EDT |  | OWW | Orbitz sees 2013 revenue growth 4%-7%
Sees 2013 adjusted EBITDA growth 5%-10%. |
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| 08:18 EDT | | OWW | Orbitz sees Q2 revenue $214M-$220M, consensus $212.6M
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| 08:17 EDT | | OWW | Orbitz reports Q1 EPS $1.34 due to valuation allowance
Reports Q1 revenue $202.86M, consensus $198M. Room nights grew 14% in Q1, a 7 percentage point acceleration from Q4. Net income was $146.2M for Q1 due to the release of a $157.5M valuation allowance related to the company's U.S. federal deferred tax assets. The EPS of $1.34 does not compare to the consensus of (6c). |
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