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Stock Market & Financial Investment News

News Breaks
August 11, 2014
07:06 EDTPCLNPriceline sees Q3 EPS $19.60-$21.10, consensus $21.28
Sees Q3 year-over-year increase in revenue of approximately 15%-25%, consensus $2.8B. For Q3, sees year-over-year increase in total gross travel bookings of approximately 19% - 29%, or an increase of approximately 18% - 28% on a local currency basis, including increase in international gross travel bookings of approximately 22% - 32%, or 21% - 31% on a local currency basis, and increase in domestic gross travel bookings of approximately 10% - 15%.
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September 22, 2014
12:11 EDTPCLNTripAdvisor 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 9, 2014
13:58 EDTPCLNStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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