The "Fast Money" traders share their final trades of the day.» Read More
Automakers, restaurants and retailers are all using free gas gimmicks to boost sales. But will it work?
Following are the day’s biggest winners and losers. Find out why shares of Heinz and Big Lots popped while Marriott and gold dropped.
Following are the day’s biggest winners and losers. Find out why shares of Expedia and Countrywide Financial popped while Anheuser Busch and Borders dropped.
Expedia Chairman Barry Diller dismissed newly resurfaced rumors that the online travel site would be taken private and blamed speculators for trying to make a quick buck.
Q: On Fast Money's Trader Radar we look at the stock that was lighting up screens across Wall Street today. While booking your beach vacation to Bermuda online, you probably used the world's largest internet-based travel agent without even knowing it. Because besdies its namesake site, the company also operates popular sites like Hotels.com and Hotwire.com. The stock has had an unexpected takeoff this week on unconfirmed takeover speculation. Who is it?
In Tuesday’s Web Extra, Pete Najarian reveals where he’s seeing unusual action and what he thinks it means.
Talk about the "Road less Traveled". With the dollar at all-time lows against major currencies and the continued rise of crude oil prices, many Americans may be rethinking the summer vacations they have been planning. Here are some companies that may feel the impact...
The first days of the New Year bring Citigroup's Citi Investment Research Top Picks: The bank polled each of its fundamental analysts on a single best money-making idea for 2008, with the option of an additional small-cap pick. Citi says its 2007 list produced an average share price return of 16.7 percent, well ahead of the Standard and Poor's 500 average of 4.2 percent.
LBO Troubles. Yesterday, it was Expedia drastically lowering its Dutch tender offer after Barry Diller said buyers of the bonds were trying to impose "unacceptable" terms (read: they wanted higher interest).Today, sources say that GM's Allison Transmission deal has been postponed. The deal involved selling $3.1 billion in bonds to finance the LBO of the company to Carlyle and Onex.
Wall Street is heading for a lower opening as some weak earnings and credit market jitters outweigh positive profit reports from companies like Pepsico and Lockheed-Martin. European markets are moving lower after overnight gains in Tokyo and Hong Kong shares.
Expedia, the online travel agency controlled by Barry Diller, said it is cutting its plan to buy back its own shares by almost 80 percent, blaming a lack of attractive financing available in credit markets.
Corporate America is on a share buyback binge, fueling concerns that U.S. companies are masking underlying business problems and trying to pump up their executives' compensation.
Stocks closed mostly higher, helped by lower bond yields and General Electric, which boosted the Dow. "This market bends a little bit but it doesn't break," Al Goldman, chief market strategist at A.G. Edwards., told CNBC.com. "The buyers are a little bit tired but the sellers are not very aggressive."
We can’t all be experts at everything, which is why we have people who are experts at something. Having said that, I’ll let you in on one of my little secrets -- how to tell when a pharmaceutical story has significance. ... Also: a seemingly innocuous headline -- about Expedia -- has plenty of hidden meaning.
Travel Web site operator Expedia said Tuesday it plans to buy back up to 42% of its common stock for $3.5 billion.
Stocks recovered from earlier losses to close near the unchanged mark as investors took positions ahead of tomorrow's Fed meeting. "Investors are basically still cautious despite this big run and although we're very overbought, I think the fact that we could get this overbought is bullish in itself," said Bruce Bittles, chief investment strategist at Robert W. Baird.
CNBC’s Mary Thompson reports that a survey of CEO compensation at 452 large companies found the pay of executives hired from outside is 20% higher than top officers promoted from within.
Travel Web site Expedia posted higher-than-expected quarterly profit on increased bookings and a lower tax rate, sending its shares up.
Expedia shares surged after the company announced it will repurchase up to 30 million shares for between $18.50 and $22 a share. The upper end of the range is a 19% premium over Expedia's stock price before the offer.