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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.
A "buy" rating on Priceline pushes shares higher, and "Fast Money" trader Dan Nathan explains how he's playing the stock.
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.
Bill Gurley, a general partner at VC firm Benchmark, said he finds it difficult to give advice to private companies looking to IPO.
With shares down about 5% over the past month, Cramer thinks too many investors are walking away from Yahoo!