New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 1, 2014
10:01 EDTSABR, EXPESabre and Expedia Affiliate Network sign strategic technology agreement
News For SABR;EXPE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 28, 2015
09:09 EDTSABRSabre selected as technology provider for Copa Airlines
Subscribe for More Information
January 27, 2015
09:06 EDTEXPEExpedia's Egencia expands partnership agreement with International SOS
Subscribe for More Information
09:04 EDTSABRSabre selected by Alitalia
Subscribe for More Information
07:46 EDTEXPEStifel to hold a conference
2015 Senior Housing and Healthcare Real Estate Conference is being held in Dana Point, California on January 27.
January 26, 2015
12:00 EDTEXPEExpedia resumed with a Neutral at Janney Capital
Subscribe for More Information
08:50 EDTSABRSabre announces possible acquisition
Subscribe for More Information
08:47 EDTSABRSabre sees FY14 adjusted EPS 92c-96c, consensus 94c
Subscribe for More Information
08:46 EDTSABRSabre sees Q4 adjusted EPS 20c-24c, consensus 27c
Subscribe for More Information
08:15 EDTSABRSabre files to sell $400M in common stock for holders
Subscribe for More Information
January 23, 2015
09:03 EDTEXPE, SABRExpedia and Sabre announce Expedia's acquisition of Travelocity
Subscribe for More Information
07:21 EDTEXPEDeutsche cautious on travel stocks into Q4 results
Subscribe for More Information
January 20, 2015
14:09 EDTEXPEOrbitz jumps after Bloomberg says company may be exploring sale
Shares of online travel agency Orbitz Worldwide (OWW) are jumping after Bloomberg reported that the company is exploring the possibility of selling itself. In a note to investors on January 7, research firm FBR Capital wrote that the company could be acquired for over $10 per share, WHAT'S NEW: Orbitz is exploring a potential sale and private equity firms have expressed interest in acquiring the online travel agency, Bloomberg reported today. ANALYST VIEW: On January 7, research firm FBR Capital estimated that Orbitz could be acquired for $10.27 per share. The firm noted that a trade publication, Tnooz.com, had reported that Orbitz could be considering selling itself. Expedia (EXPE) and Priceline (PCLN) could each pay a premium of 30%-plus for Orbitz and still see their profits rise from the acquisition, FBR added. It kept a $9 price target and Outperform rating on Orbitz. PRICE ACTION: In mid-afternoon trading, Orbitz climbed 69c, or 7.5%, to $9.85.
13:51 EDTEXPEOrbitz draws private equity interest as sale explored, Bloomberg says
Orbitz Worldwide (OWW) is working with an adviser to contact potential buyers and has drawn interest from private-equity funds and "other Internet companies," according to Bloomberg, citing people with knowledge of the matter. Shares of Orbitz are up over 10% after the report, while several other names in the online travel space, such as Priceline (PCLN), Expedia (EXPE), and TripAdvisor (TRIP) are also moving. Reference Link
13:43 EDTEXPEExpedia, TripAdvisor tick higher after report on Orbitz sale exploration
Subscribe for More Information
January 16, 2015
08:44 EDTSABR, EXPEExpedia may have to pay $180M for Travelocity, says FBR Capital
Subscribe for More Information
07:21 EDTSABR, EXPESabre sale of Travelocity to Expedia would be win for both, says Oppenheimer
Subscribe for More Information

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