New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 21, 2014
11:29 EDTPCLN, OWW, EXPEpriceline.com advances after results beat expectations
Shares of online travel agency priceline.com (PCLN) are climbing after the company reported stronger than expected fourth quarter results last night. WHAT'S NEW: priceline.com's Q4 earnings per share and revenue both exceeded analysts' consensus estimates. However, the online travel agency provided first quarter EPS guidance of $6.35-$6.85, versus the consensus estimate of $7.19. It predicted that its revenue would jump about 15%-25% in Q1 versus the same period a year earlier. The company said that it would expand its ad campaign for its Booking.com website to additional markets and launch similar campaigns for other websites. The later start of Easter this year versus last year will hurt priceline.com's Q1 margins, the company stated. The company said it intends to increase its investments in personnel, offices and IT this quarter as it prepares for the peak travel season. ANALYST REACTION: Many research firms reacted to priceline.com's results and guidance by raising their price targets on the shares. Pacific Crest hiked its price target on the stock to $1,580 from $1,220, Benchmark Co. increased its target to $1,550 from $1,200, and Deutsche Bank raised its price target to $1,425 from $1,240. Pacific Crest kept an Outperform rating on the stock, while Deutsche Bank and Benchmark kept Buy ratings on the shares. OTHERS TO WATCH: Other online travel agencies include Orbitz Worldwide (OWW) and Expedia (EXPE). PRICE ACTION: In late morning trading, Priceline.com gained $47, or 3.7%, to about $1,330.
News For PCLN;OWW;EXPE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 31, 2014
10:36 EDTOWW, PCLN, EXPEExpedia results seen as positive indicator for Priceline earnings beat
Subscribe for More Information
09:10 EDTEXPEOn The Fly: Pre-market Movers
Subscribe for More Information
07:51 EDTPCLN, EXPEPriceline has positive read through from Expedia results, says Oppenheimer
After Expedia (EXPE) reported stronger than expected September quarter results, Oppenheimer thinks the results were strong, and indicate that Priceline's (PCLN) results will beat expectations. the firm keeps a $1,400 price target and Outperform rating on Priceline.
07:00 EDTEXPEExpedia business performing well, says Cantor
Subscribe for More Information
October 30, 2014
18:39 EDTEXPEOn The Fly: After Hours Movers
Subscribe for More Information
16:08 EDTEXPEExpedia reports Q3 adjusted EPS $1.93, consensus $1.74
Reports Q3 revenue $1.71B, consensus $1.68B. Room nights grew 24% year-over-year.
15:30 EDTEXPENotable companies reporting after market close
Subscribe for More Information
14:40 EDTEXPEExpedia technical remarks ahead of earnings
Subscribe for More Information
14:00 EDTEXPEExpedia October weekly 80 straddle priced for 6.8% move into Q3
13:54 EDTEXPEEarnings Preview Analysts expect Expedia to report encouraging Q3 results
Subscribe for More Information
12:09 EDTEXPEExpedia volatility elevated into Q3 and outlook
Subscribe for More Information
08:32 EDTPCLNpriceline.com November weekly volatility increases to 42 into Q3
priceline.com November weekly call option implied volatility is at 42, December is at 27, January is at 25, April is at 23; compared to its 26-week average of 28 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on November 4.
October 28, 2014
11:37 EDTPCLNpriceline.com November weekly volatility elevated at 38 into Q3
Subscribe for More Information
09:51 EDTOWWOrbitz replaced as Yahoo travel provider by Hipmunk, Skift reports
Subscribe for More Information
October 27, 2014
06:55 EDTEXPEExpedia likely to beat Q3 expectations, says Cantor
Subscribe for More Information
October 20, 2014
16:24 EDTPCLNPriceline raises stake in Ctrip.com to 7.9% from 6.88%

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