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Expedia Left Behind By Trump Rally, Setting Up An Attractive Entry Point
Friday, January 6, 2017 - 12:15pm | 325The "Trump rally" helped boost shares of countless stocks, but there are a few names that have been left behind. In a research report on Thursday, Scott Devitt of Stifel noted that shares of Expedia Inc (NASDAQ: EXPE) have underperformed the S&P 500 index by around 1,600 basis points since the...
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Global Terror Headwinds Make Expedia 'Incrementally More Cautious' On International Growth Outlook
Friday, July 29, 2016 - 11:40am | 487Benchmark reiterated its Buy rating and $135 target price on Expedia Inc (NASDAQ: EXPE) shares despite mixed second-quarter results from the company, which is the largest online travel agent based on gross bookings. The Booking Factor The company's adjusted EPS of $0.83 beat Street estimate of $0....
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Airbnb Under Fire For Allowing 'Illegal' Listings On Disputed Land Controlled By Israel
Thursday, May 12, 2016 - 2:22pm | 300Airbnb recently came under fire at TechCrunch's Disrupt competition, where a protester from CodePink held up a banner that read "Airbnb hosts apartheid [emphasis omitted]." Airbnb has allowed users to list properties on land that Israel occupied and displaced Palestinians. Critics have blasted the...
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JPMorgan On Travel: Prefers Priceline Into Q1 Earnings
Thursday, April 7, 2016 - 4:26pm | 733Heading into first-quarter earnings, JPMorgan prefers Priceline Group Inc (NASDAQ: PCLN) over peers Expedia Inc (NASDAQ: EXPE) and Tripadvisor Inc (NASDAQ: TRIP). Priceline:Overweight, $1,510 PT Analyst Doug Anmuth is looking for "1Q FXN total gross bookings growth of +23 percent Y/Y,...
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Expedia Has 'Less Room For Growth,' Morgan Stanley Sees 20% Downside
Thursday, February 26, 2015 - 12:00pm | 290In a report published Wednesday, Morgan Stanley initiated coverage on Expedia Inc (NASDAQ: EXPE) with an Underweight rating and $75 price target. This implies a potential downside of more than 20 percent from its recent price point of about $94. Similar to Priceline Group Inc’s (NASDAQ...
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4 Tips For Saving Money This 4th Of July
Friday, June 27, 2014 - 12:03pm | 1001No matter how you plan to spend the Independence Day holiday weekend, it will likely cost money. Whether you will be traveling, entertaining or simply staying home with family – Independence Day is a time of celebration and celebration can be expensive. Here are some ways to cut costs...
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Market Wrap For March 19: Yellen Hints of Higher Rates & Sooner Than Expected End To Taper
Wednesday, March 19, 2014 - 6:03pm | 2470The Fed announced that it will increase its tapering by a further $10 billion in addition to dropping the 6.5 percent unemployment rate threshold which has been the target rate to hike the Fund Funds rate. Thirteen of 16 Fed officials expect the Fed Funds rate to rise by the end of 2015. The...
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The Newest Round of Airline Fees Has Arrived
Saturday, May 11, 2013 - 11:01am | 595This may arouse confusing feelings about how to react - should you laugh, cry, or throw a major stomping/screaming fit like the toddler in 8C (that did it for the entire flight)? Seriously, airline fees are getting out of control—so much so that you would have to think these fees are a misprint...
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This Company is Duping Apple's Users and Laughing All the Way to the Bank
Tuesday, June 26, 2012 - 2:01pm | 252If consumers are willing to pay a premium to own Apple (NASDAQ: AAPL) products, they must be willing to pay a premium for hotels. That is the assumption Orbitz Worldwide (NYSE: OWW) is making. The online travel company has announced that it will show more expensive hotel offers to Mac users....
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Benchmark On The Internet Sector
Wednesday, October 13, 2010 - 9:09am | 403Benchmark has downgraded the Internet sector from Overweight to Market Weight and core internet holdings currently are believed to be Expedia (NASDAQ: EXPE), Google (NASDAQ: GOOG) and Priceline.com (NASDAQ: PCLN). In the report, Benchmark writes "The Internet Holdings Company Depositary Receipts...