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Stock Market & Financial Investment News

News Breaks
June 10, 2014
07:07 EDTPCLNTrends bode well for Priceline Q2 results, says Cantor
After conducting checks in April and May, Cantor believes that Priceline's traffic and pricing suggest that the company has performed well in Q2. If the positive trends continue in June, Priceline's Q2 results should be in-line with or above the upper end of its guidance ranges, predicted the firm, which keeps a $1,410 price target and Buy rating on the stock.
News For PCLN From The Last 14 Days
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August 1, 2014
10:28 EDTPCLNExpedia advances after results beat expectations, dividend boosted
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08:29 EDTPCLNPriceline has positive read through from Expedia results, says JMP Securities
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July 31, 2014
18:58 EDTPCLNOn The Fly: After Hours Movers
UP AFTER EARNINGS: Imperva (IMPV), up 13.4% after reporting quarterly results... LinkedIn (LNKD), up 7.7% after reporting better than expected second quarter results and guidance for third quarter and fiscal 2014... Expedia (EXPE), up 2.1% after reporting second quarter results above analyst estimates and raising its quarterly dividend... Priceline (PCLN), up marginally following Expedia's second quarter results...Tableau Software (DATA), up 1.5%... Mohawk (MHK), up 3%. ALSO HIGHER: Sarepta Therapeutics (SRPT), up 3.4% after the FDA said that it will explore quick approval of DMD drugs. DOWN AFTER EARNINGS: Web.com (WWWW), down 16.8% after reporting second quarter results and acquiring UK online directory company Scoot... ARRIS Group (ARRS), down 8.6%... Control4 (CTRL), down 11.1%... SunPower (SPWR), down 5%... GoPro (GPRO), down 11.2%... Outerwall (OUTR), down 2%... Tesla (TSLA), down marginally after reporting second quarter results and announcing that it broke ground on a possible Gigafactory location in Reno, Nevada.
July 29, 2014
06:01 EDTPCLNPriceline Q2 results have potential for upside, says Piper Jaffray
Piper Jaffray says its analysis of industry trends and web traffic data indicate Priceline's Q2 results have a high potential of topping consensus estimates. The firm expects in-line Q3 bookings guidance and maintains an Overweight rating on the stock with a $1,485 price target.
July 25, 2014
11:06 EDTPCLNZillow, Trulia continue climb after takeover talks report seen as 'credible'
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08:18 EDTPCLNZillow, Trulia merger story viewed as credible at Deutsche Bank
Deutsche Bank views Bloomberg's report of merger talks between Zillow (Z) and Trulia (TRLA) as credible, saying the deal would make a lot of sense. The firm says Trulia shares would be worth around $63 in a takeover when using Priceline's (PCLN) acquisition of OpenTable as a comparison. Even at that price, the firm sees nearly 20% upside for Zillow's enterprise value should an acquisition occur. Deutsche notes that neither company has denied yesterday's report, nor has either company announced an earnings date. It cautions, though, that the potential merger could easily fall apart as well. It has a Buy rating on Trulia and Hold rating on Zillow.
July 24, 2014
08:23 EDTPCLNPriceline completes OpenTable tender offer
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July 23, 2014
11:24 EDTPCLNIndustry data points to strong Q2 for online travel names, says Piper Jaffray
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