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Stock Market & Financial Investment News

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April 11, 2014
08:59 EDTTZOOTravelzoo Q1 outlook more uncertain after announcement, says Ascendiant
Ascendiant believes Travelzoo's announcement of new heads for its Search and Local businesses due to continued weakness in local voucher sales and lower search revenues adds uncertainty to its Q1 outlook. Ascendiant added that its checks indicate that Travelzoo’s Local Deals decreased 15% in Q1 and the firm maintains its Hold rating on the stock.
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