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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.
Aug 6- Travel website owner Priceline Group Inc will invest $500 million in Chinese online travel company Ctrip.com International Ltd to broaden options for both companies in China. Shares of Ctrip rose about 8.6 percent in after-market trading to $65.65 while that of Priceline's were little changed.
SAN FRANCISCO, July 31- Seattle audio and video technician Todd Mueller showed up last year for what might have been a routine job except for one thing: Amazon.com Inc was taking notes. Amazon's experiment with services goes back to at least mid-2012 in its hometown of Seattle.
July 30- Yelp Inc, the operator of consumer review website Yelp.com, reported its first quarterly profit as a public company, shrugging of analyst forecasts of a loss as small business customers spent more on advertising. Yelp shares fell as much as 3 percent in extended trading, before recovering most of the lost ground.
July 30- Yelp Inc, the operator of consumer review website Yelp.com, reported its first quarterly profit as a public company, shrugging of analyst forecasts of a loss, as it won more small businesses customers. Yelp, which listed almost three years ago, competes with internet search engines from Google Inc, Yahoo Inc and Microsoft Corp's Bing.
Cramer says the price action in Tuesday’s market is sending an important message about what to buy in the days ahead.
In an unfortunate cycle, NYC's restaurants serve to revitalize neighborhoods but then are forced to close when rents start to rise. The NYT reports.
If there's a poster child for the sharing economy—both in popularity and controversy—taxi app Uber, valued at $17 billion, is hard to beat.
"Fast Money" trader Karen Finerman, makes a big bet that someone other than Priceline will make a bid on OpenTable.
Here's why Priceline's purchase of OpenTable is different than other deals we've seen lately, says Michael Yoshikami.
Jim Cramer says Priceline's bid for OpenTable is chock full of subtle messages.
Stocks rose on Friday, with equities on track for weekly losses.
CNBC's Mandy Drury breaks down how OpenTable's business model works and why Priceline made the hefty purchase. The Coppermans and Millers weigh in on the valuation.
Some of Friday midday movers:
Priceline announces it is buying online reservation site OpenTable for $103 per share, or about $2.6 billion.
Mark May, Citigroup, explains why he likes Priceline's announced acquisition of OpenTable for $2.6 billion. May says "from a valuation standpoint, it is very reasonable."
Here's one for the Freaky Friday files: Priceline announced it's buying OpenTable as four new IPOs come to market.
Priceline will buy OpenTable for $2.6 billion. CNBC's Jim Cramer says "OpenTable be king."
Headlines before the bell Friday.
Priceline is acquiring OpenTable for $103 per share in cash for about $2.6 billion, with the "Squawk Box" crew.