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Stock Market & Financial Investment News

News Breaks
August 6, 2014
18:13 EDTPCLN, CTRPThe Priceline Group expands existing partnership with Ctrip.com
The Priceline Group Inc.(PCLN) and Ctrip.com (CTRP) announced that the two companies have expanded an existing commercial agreement to strengthen their global partnership. In addition, The Priceline Group agreed to invest $500M through a convertible bond and Ctrip has granted The Priceline Group permission to acquire Ctrip shares in the open market over the next twelve months, so that combined with shares convertible under the bond, The Priceline Group may hold up to 10% of Ctrip's outstanding shares. Upon purchase of the convertible bond, The Priceline Group will acquire the right to appoint an observer to the Ctrip board.
News For PCLN;CTRP From The Last 14 Days
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October 21, 2014
10:00 EDTCTRPOn The Fly: Analyst Initiation Summary
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08:08 EDTCTRPCtrip.com initiated with a Buy at Citigroup
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October 20, 2014
16:24 EDTCTRP, PCLNPriceline raises stake in Ctrip.com to 7.9% from 6.88%
October 10, 2014
16:22 EDTCTRP, PCLNPriceline raises stake in Ctrip.com to 6.88% from 5.84%
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