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Stock Market & Financial Investment News

News Breaks
May 7, 2014
06:38 EDTTRIPTripAdvisor upgraded to Buy from Hold at Cantor
Cantor Fitzgerald upgraded TripAdvisor to Buy citing improving fundamentals following the company's Q1 results. The firm raised its price target for shares to $94 from $92.
News For TRIP From The Last 14 Days
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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.
August 22, 2014
08:38 EDTTRIPTripAdvisor cut metasearch inventory in half, says FBR Capital
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