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Stock Market & Financial Investment News

News Breaks
May 12, 2014
10:37 EDTTRIP, GRPN, MDR, CTRP, UBNTOptions with decreasing implied volatility: TRIP GRPN MDR CTRP UBNT
News For TRIP;GRPN;MDR;CTRP;UBNT From The Last 14 Days
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September 1, 2014
11:13 EDTUBNTStephens to hold an investor trip
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August 27, 2014
18:05 EDTTRIPLiberty Interactive completes Liberty TripAdvisor Holdings spin-off
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August 25, 2014
16:33 EDTTRIPLiberty sites when-issued trading for spin-off of Liberty TripAdvisor Holdings
Liberty Interactive (LINTA, LVNTA) announced that, in connection with its upcoming spin-off of its subsidiary Liberty TripAdvisor Holdings, it has been advised by Nasdaq that shares of TripAdvisor Holdings Series A and Series B common stock will trade on a when-issued basis on the Nasdaq Global Select Market under the symbols “LTPAV” and “LTPBV”, respectively, on August 27. The Spin-off will be effected through the distribution, by means of a dividend, of TripAdvisor Holdings common stock at 5:00 p.m., New York City time, on August 27 to holders of Liberty Ventures common stock. The record date for the dividend was 5:00 p.m., New York City time, on August 21. Liberty expects that the TripAdvisor Holdings Series A and Series B common stock will begin trading in the regular way on the Nasdaq Global Select Market under the symbols “LTRPA” and “LTRPB” beginning on August 28. The completion of the Spin-off remains subject to the satisfaction or waiver, as applicable, of a number of conditions.
09:19 EDTTRIPTripAdvisor price target raised to $100 from $88 at Wunderlich
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08:44 EDTTRIPExpedia Q3 trends encouraging, says FBR Capital
FBR Capital believes that Q3 U.S. trends indicate that Expedia (EXPE) continues to generate healthy growth. The firm thinks that the company's room night growth and domestic ticket volume growth have accelerated slightly from June levels. FBR expects Expedia to benefit from a change in TripAdvisor's (TRIP) meta path. It keeps an Outperform rating on Expedia.
07:02 EDTMDRMcDermott names Stuart Spence as CFO, effective August 23
McDermott International (MDR) announced that Stuart Spence has been appointed EVP and CFO following the departure of Perry L. Elders, SVP and CFO, effective August 23. Elders will be pursuing other opportunities. Immediately prior to joining McDermott, Spence served as Vice President, Artificial Lift for Halliburton Company (HAL), where he had overall strategic and operational responsibility for Halliburton’s artificial lift product and service line.
August 22, 2014
08:38 EDTTRIPTripAdvisor cut metasearch inventory in half, says FBR Capital
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