Check out which companies are making headlines after the bell Thursday: Citigroup, GoPro, Starbucks & more.» Read More
Oct 30- Expedia Inc reported robust third-quarter earnings on Thursday and topped analyst estimates, as strong hotel bookings boosted the company's profit by more than 50 percent from the year-earlier quarter. Despite heavy competition abroad and concern that the Ebola virus would discourage travelers from planning vacations, the volume of Expedia Inc's...
BELLEVUE, Wash.— BELLEVUE, Wash.— Expedia Inc. on Thursday reported third-quarter net income of $257.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.75 per share. Analysts expected $1.69 billion, according to Zacks.
PARIS, Oct 30- Accor will spend 225 million euros over five years to beef up its digital business, the hotel company said on Thursday, responding to competition from online booking rivals such as Expedia and Booking.com. Europe's largest hotel group's traditional competitors are the likes of InterContinental, Marriott and Starwood, but it faces multiple...
*VIX at highest close since June 2012. NEW YORK, Oct 13- U.S. stocks dropped more than 1 percent on Monday, with the S&P 500 closing below a key technical support level, as declines in energy and airline shares led a late-day selloff. The CBOE Volatility index ended at 24.64, its highest close since early June 2012.
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Bitcoin lost nearly a fifth of its value over the weekend, raising concerns that investors are losing faith in the cryptocurrency.
Coinbase plans to launch a consumer service across a large part of the euro zone on Thursday. The Financial Times reports.
European Competition Commissioner Joaquin Almunia said this week he would extract more concessions from the world's most popular Internet search engine after extremely negative feedback from rivals such as Microsoft to Google's third proposal to end the EU probe.
*Google case started with EU investigation in late 2010. *Deal will only escalate market abuse, Google rival says. BRUSSELS, Sept 4- Google's antitrust deal with EU regulators was criticised by Microsoft and other competitors in a last-ditch attempt to influence European Competition Commissioner Joaquin Almunia before he leaves office at the end of October.
*Google case started with EU investigation in late 2010. BRUSSELS, Sept 4- Microsoft and publishers across Europe attacked Google's antitrust deal with EU regulators, calling it a "catastrophic" proposal that would serve only to entrench its dominance of the online search market.
Trading in Asia was cautious on Thursday with central bank decisions in Japan and Europe in focus.
NEW YORK, Aug 28- Bitcoin is catching on at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power.
American and US Airways are pulling fares from Orbitz. It's time to rethink how you search for airfare.
NEW YORK, Aug 26- The world's largest airline, American Airlines Group Inc, pulled its airfare listings from online travel sites operated by Orbitz Worldwide Inc on Tuesday because the companies failed to agree on terms for a new contract. The news initially sent Orbitz shares down 8.5 percent.
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A metasearch travel website is expanding its audience with an offbeat ad campaign, Skift reports.
NEW YORK, Aug 11- U.S. shares rose modestly in Monday trading, continuing a recovery from a brief correction that ended Friday as investors focused on hopes for easing tensions between Ukraine and Russia.
Aug 11- Online travel agency Priceline Group Inc reported a better-than-expected quarterly profit due to a jump in international bookings for hotels, airlines and rental cars at the start of the summer travel season. A bulk of Priceline's bookings come from Netherlands- based Booking.com, Asia- based Agoda.com and UK- based Rentalcars.com.
NEW YORK, Aug 11- U.S. stocks rose broadly on Monday, extending Friday's sharp rally as recent uncertainty pertaining to Ukraine and the Middle East appeared to ease, while Priceline rallied on its results.
Aug 7- Online travel agency Orbitz Worldwide Inc forecast current-quarter revenue above analysts' estimates, helped by a rise in spending on air tickets and hotel bookings in an improving U.S. economy. Under its rewards program, Orbitz offers discounted hotel bookings if customers also buy air tickets.