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Stock Market & Financial Investment News

News For PCLN;EXPE;OWW From The Last 14 Days
Check below for free stories on PCLN;EXPE;OWW the last two weeks.
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August 26, 2014
16:22 EDTOWWOn The Fly: Closing Wrap
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16:20 EDTOWWOrbitz issues statement regarding American Airlines action
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16:14 EDTOWWOrbitz FY14 outlook at risk due to American dispute, says Cantor
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12:24 EDTOWWOn The Fly: Midday Wrap
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12:17 EDTOWWAmerican Airlines fares no longer available on Orbitz websites
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06:16 EDTPCLNPriceline implied volatility of 18 at lower end of index mean range
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August 25, 2014
08:44 EDTEXPEExpedia Q3 trends encouraging, says FBR Capital
FBR Capital believes that Q3 U.S. trends indicate that Expedia (EXPE) continues to generate healthy growth. The firm thinks that the company's room night growth and domestic ticket volume growth have accelerated slightly from June levels. FBR expects Expedia to benefit from a change in TripAdvisor's (TRIP) meta path. It keeps an Outperform rating on Expedia.
August 22, 2014
08:38 EDTOWW, PCLN, EXPETripAdvisor cut metasearch inventory in half, says FBR Capital
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August 15, 2014
05:16 EDTPCLNPriceline prices $1B senior notes offering
Priceline announced the pricing of $1B principal amount of Convertible Senior Notes due 2021 through a private offering to qualified institutional buyers. The notes will pay interest semiannually at a rate of 0.90% per annum. In certain circumstances, the notes may be converted into cash up to their principal amount, and into shares of Priceline common stock and/or cash at Priceline's election for the conversion value above the principal amount based on a conversion rate of 0.4865 shares of common stock per $1,000 principal amount of the notes. Priceline estimates that the net proceeds from the offering of notes will be approximately $990M, after deducting estimated fees and expenses. Priceline plans to use the net proceeds from the offering of the notes to repurchase approximately $147M of its outstanding common stock in privately negotiated, off-market transactions, which may be effected through the initial purchasers of the notes or their affiliates, concurrently with the consummation of the offering. Any remaining net proceeds will be used for general corporate purposes, which may include repaying outstanding debt, repurchasing additional shares of the company's common stock and corporate acquisitions.
August 14, 2014
17:27 EDTPCLNAppaloosa gives quarterly update on stakes
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