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NEW YORK-- Travelzoo's stock dropped to the lowest level in more than two years on Friday as the online travel company predicted that its third-quarter profit would shrink about 40 percent from a year ago. Travelzoo faces tough competition from other online travel companies such as Expedia Inc. and Priceline.com Inc..
NEW YORK-- The departure of Best Buy's chief financial officer could signal the beginning of a broader executive shake-up and Janney Capital Markets said Wednesday that new leadership will bring change an innovation to the struggling electronics retailer. We already are seeing changes happen quickly at Best Buy, and we believe more changes are the way. "
MINNEAPOLIS-- Best Buy said Tuesday that its chief financial officer is leaving, the latest executive departure for the struggling electronics chain. The news comes as Best Buy's founder and former chairman Richard Schulze mulls an offer for the company, which is attempting to improve results amid tough competition.
Oct 4- Fitch Ratings has affirmed the Issuer Default Rating for Expedia, Inc.. Expedia's ratings reflect a mix of credit strengths and concerns coupled with a reasonably conservative balance sheet.
NEW YORK-- Best Buy on Wednesday named an Expedia executive as head of its e-commerce operations. Scott Durchslag, 46, will be senior vice president of Best Buy and president online and global e-commerce, effective Monday. He will be responsible for all of Best Buy's global e-commerce channels, including BestBuy.com and mobile commerce.
Frontier Airlines caused a stir when it announced travelers who don't book directly with the airline will pay higher fees. But do the best deals always come from travel agencies? The New York Times investigates.
NEW YORK, Oct 2- Inspired by travel sites like Expedia, start-up Wiresurfer.com is promising to condense three days work into fifteen minutes for small companies shopping for telecommunications services.
It takes 17 Nasdaq 100 stocks to match Apple’s point impact on the index this year.
Although Priceline's outlook disappointed Wall Street on Tuesday, one analyst still has an “overweight” rating on the stock and said it is in a “good spot long-term” despite weakness in Europe.
Stocks closed out a volatile week with sharp gains Friday, with the Dow crossing above 13,000 for the first time since May, amid optimism that the Federal Reserve and the ECB may provide further stimulus to prop up the global economy.
Check out which companies are making headlines after the bell Thursday:
In the spirit of the Olympics, the Fast pros are competing against one another in an informal trading competition. Which of these plays will be gold medal worthy?
Although both Expedia and Priceline.com shares have surged this year, Europe presents a big question mark for travel stock analysts.
Find out why the stock is in the “Sell Block” pending a large pullback.
Take a look at some of Tuesday’s morning movers:
Emotional sell-offs related to the fears of any country's exit or other euro zone related issues are tremendous buying opportunities for high quality multinational U.S. stocks — they are extremely cheap, their businesses are growing and the entirety of the euro zone, generally speaking, makes up less than 20 percent of U.S. exports.
If you like the comfort of booking your stay on a hotel-owned website and dealing directly with the property, consider a new option, RoomKey.com, which is designed to compete with online travel agencies.
Earlier in the session, the stock was down as much as 18 percent, its worst one-day drop since November 2000.
Following are moves you might have missed. Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
Delta Air Lines may have charged some frequent flyers higher airfares than other customers for almost three weeks because of a website glitch. The problem was fixed, but could it happen again?