New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 13, 2014
12:59 EDTPCLN, OPEN, GRUB, YELP, AWAYAnalyst sees Priceline expanding in more areas after OpenTable buy
After Priceline Group (PCLN) agreed to buy OpenTable (OPEN), which operates an online restaurant reservation network, research firm Piper Jaffray predicted that Priceline would probably expand into additional areas. WHAT'S NEW: Priceline can move into additional categories, including events, ride sharing, and attractions, Piper analyst Michael Olson wrote. The company's decision to buy OpenTable shows that it is poised to move into new business areas, Olson contended. As for the OpenTable deal, the analyst thinks that there are obvious synergies between online travel and online restaurant reservations, and that the two companies will be able to promote their respective offerings to each other's customers. Additionally, Priceline's expertise in overseas operations will enable OpenTable to expand to perform more effectively in that area, the analyst contended. He kept an Overweight rating and $1,485 price target on Priceline. OTHERS TO WATCH: Yelp (YELP) allows its users to review local businesses, including restaurants, and its platform provides local businesses with a range of services, including its newly launched reservation system. GrubHub (GRUB) is an online and mobile platform for restaurant pick-up and delivery orders that similarly connects local restaurants with diners. Shares of HomeAway (AWAY), which operates an online marketplace for the vacation rental industry, are also higher, with the move potentially related to investor belief that it could be targeted for an acquisition by one of the larger players in the space. PRICE ACTION: In early afternoon trading, Priceline fell 2.4% to $1,196, while OpenTable soared 47% to $103.50.
News For PCLN;OPEN;GRUB;YELP;AWAY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
October 22, 2014
16:09 EDTYELPYelp sees FY14 revenue $375M-$376M, consensus $375.2M
Subscribe for More Information
16:07 EDTYELPYelp reports Q3 EPS 5c, consensus 3c
Subscribe for More Information
15:30 EDTYELPNotable companies reporting after market close
Subscribe for More Information
13:49 EDTYELPYelp October weekly volatility increases into Q3 and outlook
Subscribe for More Information
11:53 EDTYELPYelp technical notes ahead of results
Subscribe for More Information
10:09 EDTGRUB, YELPOn The Fly: Analyst Initiation Summary
Subscribe for More Information
October 21, 2014
17:43 EDTGRUBGrubHub initiated with a Hold at Brean Capital
Subscribe for More Information
17:29 EDTYELPYelp initiated with a Hold at Brean Capital
Subscribe for More Information
October 20, 2014
16:24 EDTPCLNPriceline raises stake in Ctrip.com to 7.9% from 6.88%
07:13 EDTYELPYelp October weekly volatility elevated into Q3 and outlook
Subscribe for More Information
October 13, 2014
07:38 EDTYELPSalesforce to hold a conference
Dreamforce 2014 is being held in San Francisco on October 13-16.
October 10, 2014
16:22 EDTPCLNPriceline raises stake in Ctrip.com to 6.88% from 5.84%
Subscribe for More Information
10:01 EDTYELPOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 2U (TWOU) initiated with an Outperform at Pacific Crest... Bloomin' Brands (BLMN) initiated with an Outperform at BMO Capital... Brinker (EAT) initiated with a Market Perform at BMO Capital... Buffalo Wild Wings (BWLD) initiated with an Outperform at BMO Capital... Chipotle (CMG) initiated with a Market Perform at BMO Capital... Chuy's (CHUY) initiated with a Market Perform at BMO Capital... Darden (DRI) initiated with a Market Perform at BMO Capital... EMC (EMC) initiated with a Buy at Jefferies... EPR Properties (EPR) initiated with a Buy at BofA/Merrill... HP (HPQ) initiated with a Hold at Jefferies... IBM (IBM) initiated with an Underperform at Jefferies... McDermott (MDR) initiated with an In-Line at Imperial Capital... NetApp (NTAP) initiated with a Hold at Jefferies... New Residential (NRZ) initiated with a Neutral at Piper Jaffray... Nimble Storage (NMBL) initiated with a Buy at Jefferies... Noodles & Company (NDLS) initiated with an Outperform at BMO Capital... PDC Energy (PDCE) initiated with an Overweight at Stephens... Panera Bread (PNRA) initiated with a Market Perform at BMO Capital... Pioneer Natural (PXD) initiated with an Outperform at Imperial Capital... Resource America (REXI) initiated with a Buy at MLV & Co.... Rex Energy (REXX) initiated with an Overweight at Stephens... Seagate (STX) initiated with a Buy at Jefferies... Silicon Motion (SIMO) initiated with a Buy at Brean Capital... Texas Roadhouse (TXRH) initiated with a Market Perform at BMO Capital... W.P. Carey (WPC) initiated with a Neutral at BofA/Merrill... Wayfair (W) initiated with a Buy at Janney Capital...Western Digital (WDC) initiated with a Buy at Jefferies... Yelp (YELP) initiated with a Buy at Sterne Agee.
08:01 EDTAWAYHomeAway, VacayStay Connect expand partnership
Subscribe for More Information
October 9, 2014
16:30 EDTYELPYelp initiated with a Buy at Sterne Agee
Subscribe for More Information
14:43 EDTPCLNPriceline.com August volatility flat as shares trend lower
Priceline.com October call option implied volatility is at 25, November is at 28, January is at 25; compared to its 26-week average of 28 according to Track Data, suggesting non-directional price movement.
10:41 EDTYELPYelp calls activity attributed to takeover speculation
Yelp October weekly 74.5 and October 94 calls are active on total call volume of 6K contracts (1K puts) on takeover speculation. October weekly call option implied volatility is at 92, October is at 54, November is at 66, January is at 51; compared to its 26-week average of 55 according to Track Data. Active call volume suggesting traders taking positions for upside price movement.
10:30 EDTYELPRumor: Yelp strength attributed to takeover speculation
Subscribe for More Information
10:00 EDTGRUB, AWAYOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:40 EDTAWAYHomeAway initiated with an Outperform at BMO Capital
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use