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Stock Market & Financial Investment News

News Breaks
July 3, 2014
07:10 EDTPCLN, OWW, EXPEIATA report positive for online travel sector, says Oppenheimer
Oppenheimer says the International Air Transport Authority released its monthly passenger market report for May, showing international growth up 7.0% with Asia Pacific leading the regions at 7.3%. All regions except Africa experienced positive traffic growth with Europe up 6.1% and the U.S. up 4.4%. Opco views the report as a positive data point for the online travel sector and keeps Outperform ratings on Priceline (PCLN) and Expedia (EXPE) and a Perform rating on Orbitz (OWW).
News For PCLN;EXPE;OWW From The Last 14 Days
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September 23, 2014
09:01 EDTEXPEExpedia Q3 checks show bookings growth at, above 30%, says FBR Capital
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September 22, 2014
13:43 EDTOWWHG Vora Capital reports 5.3% passive stake in Orbitz
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12:11 EDTEXPE, PCLNTripAdvisor sinks after data breach at just acquired unit
Shares of TripAdvisor (TRIP) are falling after the company's Viator unit reported today that it had experienced a data breach. TripAdvisor operates websites with information about travel destinations and flights. Viator, whose acquisition by TripAdvisor closed in August, features more than 20,000 bookable tours and attractions and more than 600,000 reviews, photos, and videos submitted by travelers, TripAdvisor has stated. WHAT'S NEW: Viator stated that it was informed on September 2 that unauthorized charges had been made on a number of its customers' credit cards. The data breach that the unit experienced could affect payment card data that was used to make bookings through the unit's websites, according to Viator. Moreover, customers' email addresses and their passwords and user names for Viator may have also been compromised. About 880,000 customers may have had their payment card information compromised, while about 560,000 customers' Viator account information and e-mail addresses may have been affected, the unit reported. WHAT'S NOTABLE: The breach at Viator comes in the wake of large data breaches at a number of bellwether companies in recent months, including JPMorgan (JPM) and Home Depot (HD). Late last year tens of thousands of payment card data was stolen from Target (TGT). PRICE ACTION: In late morning trading, TripAdvisor sank 5.5% to $93. Others names in the online travel space are falling, with Priceline.com down 3% and Expedia down 2%. :the
September 17, 2014
10:22 EDTOWWOrbitz Partner Network launches partnership with RIU Hotels
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September 16, 2014
07:57 EDTEXPEFBN Securities to hold a tour
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