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Stock Market & Financial Investment News

News Breaks
February 14, 2013
08:20 EDTOWWOrbitz Worldwide reports Q4 revenue $189.7M, consensus $184.87M
Reports Q4 EPS ($2.96), does not compares to consensus 7c. Q4 net loss was $314.6M, due to a $321.2M non-cash goodwill and intangible asset impairment charge. Reports Q4 adjusted EBITDA grew 19% to $35.9M, driven by higher revenue and adjusted EBITDA margin expansion. Reports Q4 gross bookings $2.47B, down 2% from prior year's quarter, primarily driven by lower air volume, partially offset by higher hotel, vacation package and car rental volumes, higher air fares and a shift in air supplier mix.
News For OWW From The Last 14 Days
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December 16, 2014
09:17 EDTOWWInternet sector upgraded to Attractive from Neutral at Goldman
Goldman upgraded the Americas Internet sector to Attractive to Neutral based on more reasonable valuations, reduced expectations, and strong sector growth. As part of the sector change, the firm upgraded GrubHub (GRUB) to Buy from Neutral, downgraded Shutterfly (SFLY) to Neutral from Buy, and lowered Priceline (PCLN) to Buy from Conviction Buy.

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