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What Data From Yelp And OpenTable Tells Us About The State Of Restaurants
Monday, June 15, 2020 - 5:37pm | 722Data from the restaurant reservation platform OpenTable and Yelp Inc (NYSE: YELP) offers a first-hand account of the state of the restaurant industry. OpenTable CEO Says It's 'Pretty Terrible' State For Restaurants: The restaurant industry is still in a "pretty terrible"...
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Booking Holdings Has A Supply Growth Problem, Analyst Says
Thursday, March 28, 2019 - 3:10pm | 352Booking Holdings Inc (NASDAQ: BKNG) has a supply growth problem, which makes it difficult for the company to see a material reacceleration in the business, according to Guggenheim. The Analyst Guggenheim Partners' Jake Fuller maintains a Neutral rating on Booking Holdings with no price target....
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3 Largest Public Travel Companies By Market Share
Thursday, August 16, 2018 - 11:20am | 714As technology evolves, we continue to see competition among the largest international, public travel companies including Expedia Group Inc (NASDAQ: EXPE), Booking Holdings Inc (NASDAQ: BKNG) and Ctrip.com (NASDAQ: CTRP), among others. Booking Holdings, previously known as Priceline, clearly...
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Personal Finance App Clarity Money, An $11-Million Funding Round And Your Financial Health
Friday, March 24, 2017 - 11:03am | 531Clarity Money, a personal finance app that helps users save, invest and track finances, announced Thursday it raised an incremental $11 million Series B funding on top of the $3.5 million it raised eight months back. New Money Infusion The new round of financing has come three months after the...
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5% Room-Night Beat Confirms Priceline's Long-Term Story
Tuesday, November 8, 2016 - 1:03pm | 274Priceline Group Inc (NASDAQ: PCLN) reported strong Q3 results, higher than consensus expectations. The company delivered another room-night beat, which confirms that Priceline’s long-term thesis is intact, Benchmark’s Daniel L. Kurnos said in a report. Analyst Kurnos maintains a Buy...
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Gadfly: Priceline's $941 Million Write-Down Is A Bad Sign For Prospective Takeover Targets
Tuesday, November 8, 2016 - 11:05am | 339While investors are cheering Priceline Group Inc's (NASDAQ: PCLN) third quarter results, one aspect of the report appears to be overlooked. In Priceline's report, the company wrote down the value of OpenTable by $941 million, which is more than one third of what it paid for the company...
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Priceline Buying TripAdvisor 'May Make Sense,' But Is Still 'Unlikely'
Monday, September 12, 2016 - 12:33pm | 522Tripadvisor Inc (NASDAQ: TRIP) remains a standout within the online travel space as a stand-alone company in the sector that has seen heightened M&A activity over the past few years. However, according to Nat Schindler of Bank of America, speculation of a potential deal involving the sale of...
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Ascendiant Thinks Priceline's 10% Selloff Is Unwarranted
Thursday, May 5, 2016 - 10:02am | 326Ascendiant Capital’s Edward Woo believes the 10 percent decline in the share price of Priceline Group Inc (NASDAQ: PCLN) followings its 1Q results was unwarranted, and the share price is likely to recover as the company continued to outperform. The analyst maintains a Buy rating on Priceline...
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Piper Jaffray: Priceline's Negative Issues 'Stabilizing Or Becoming Positive,' Reiterates Overweight
Tuesday, August 25, 2015 - 10:40am | 348Shares of Priceline Group Inc (NASDAQ: PCLN) have dipped around 15 percent since its second-quarter print despite reporting numbers above Street estimates and issuing in-line guidance. Michael Olson of Piper Jaffray commented in a note on Tuesday that the downward move in the stock actually...
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Jefferies Offers Top Contenders For Yelp Takeover
Friday, May 8, 2015 - 4:55pm | 522Following the news that Yelp Inc (NYSE: YELP) management has been exploring a sale of the company, analysts at Jefferies released a report discussing five big-name potential buyers. Jefferies also declares which of the five it sees as the best strategic fit for Yelp. Facebook Inc (NASDAQ: FB)...
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What 3 Analysts Think Of Priceline Now
Friday, May 8, 2015 - 2:25pm | 606Shares of Priceline Group Inc (NASDAQ: PCLN) were trading slightly lower Friday, continuing Thursday's decline after the company posted an upbeat first quarter results, but issued a weak second quarter outlook. Here are what three of Wall Street's top analysts have to say. RBC:...
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Shares Of Yelp Tumble As Analysts Offer Mixed Views
Thursday, July 31, 2014 - 12:18pm | 1060Shares of Yelp (NASDAQ: YELP) are trading lower by 12 percent as certain aspects of the company's second quarter results were of concern. Raymond James: Risk/Reward In Focus Aaron Kessler of Raymond James focused on Yelp's growth in active local business accounts, which only rose by 5...
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3 Social Media Stocks That Short Sellers Like Right Now
Thursday, June 26, 2014 - 9:25am | 903Among the leading social media companies based in the United States, Groupon (NASDAQ: GRPN), LinkedIn (NYSE: LNKD) and Pandora Media (NYSE: P) saw significant upswings in short interest in early June. The number of shares short in Angie's List, Facebook, Twitter and United Online grew...
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Market Wrap For June 13: Despite Rising, Dow And S&P 500 Lower For The Week
Friday, June 13, 2014 - 4:39pm | 1827U.S. stocks closed the day slightly higher to close out the week as investor concerns over escalating violence in Iraq remains. As was the case during the height of the Russia and Ukraine confrontation, investors are hesitant of holding on to investments over the weekend. U.S. Secretary of...
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ETF Outlook For Friday, June 13, 2014 (IEV, FDN, SMH, FCG, INTC, PCLN, OPEN)
Friday, June 13, 2014 - 11:07am | 558ETF Outlook for Friday, June 13, 2014 iShares S&P Europe 350 Index ETF (NYSE: IEV) The ETF showed relative strength yesterday with a small gain of 0.1 percent, as some of the smaller countries in the region were able to outperform. The ETF may not be so lucky today. Thursday night the head...