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Orbitz Worldwide Inc

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  • Orbitz shareholders approve $1.3B deal to sell to Expedia Wednesday, 27 May 2015 | 1:22 PM ET

    NEW YORK— Orbitz's shareholders have approved a takeover by rival Expedia, Orbitz said Wednesday. In February, Expedia said it would buy Orbitz in deal worth about $1.3 billion. In March, the U.S. Department of Justice requested documents from Orbitz and Expedia in order to review the acquisition.

  • May 22- Expedia Inc said it sold its entire stake in online travel company eLong Inc to rival Ctrip.com International Ltd and others for about $671 million, after struggling with mounting losses at the Chinese company. Shares of Expedia and Ctrip touched record highs in early trading on Friday. Ctrip's stock gained 13 percent to $81.20, while Expedia's rose 9...

  • Expedia sells stake in Chinese travel service Friday, 22 May 2015 | 10:44 AM ET

    NEW YORK— Expedia sold its entire stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million. Before the market opened, Bellevue, Washington- based Expedia said that it had sold its 62.4 percent share in eLong to a group that includes Ctrip.com International Ltd., Keystone Lodgings Holdings Ltd., Plateno Group Ltd. and...

  • May 7- Orbitz Worldwide Inc on Thursday reported a quarterly loss, missing analysts' expectations of a profit as a rise in fraudulent transactions added to costs. The online travel services company, which larger rival Expedia Inc plans to acquire pending regulatory approval, lost $20.9 million in the first quarter, or 19 cents per diluted share, versus a...

  • Orbitz Worldwide reports 1st-quarter loss Thursday, 7 May 2015 | 8:29 AM ET

    May 7- Orbitz Worldwide Inc on Thursday reported a quarterly loss, missing analysts' expectations of a profit. The online travel services company, which larger rival Expedia Inc plans to acquire pending approval by antitrust regulators, lost about $20.9 million in the first quarter, or 19 cents per diluted share, versus a year-earlier loss of about $5.9 million,...

  • April 30- Expedia Inc on Thursday reported first-quarter profit that exceeded analysts' expectations as it earned more money from travel bookings in and outside the United States, despite foreign currencies falling relative to the U.S. dollar. Expedia earned $44.1 million last quarter, or 34 cents per share. Expedia affirmed that it expects 2015 adjusted...

  • UPDATE 1-Expedia 1st-qtr profit tops expectations Thursday, 30 Apr 2015 | 5:05 PM ET

    April 30- Expedia Inc on Thursday reported a first-quarter profit that exceeded analysts' expectations as it earned more money from people outside the United States booking travel despite currency fluctuations. Expedia's shares were up 4 percent in after-market trading. Expedia and Priceline have embarked on acquisitions sprees to dominate the online...

  • Early movers: LULU, SNDK, CAG, WGO, MCD & more Thursday, 26 Mar 2015 | 7:59 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • The New York- based sportswriter for ESPN.com is planning a summer vacation with her family in Ireland. With the Superdollar near parity with the euro, airfares to Paris are down 14 percent from a year ago, according to popular travel site Orbitz. London, Rome and Barcelona are among other popular locales with cheaper hotels and airfares than last year, according...

  • Feb 19- Priceline Group Inc reported quarterly profit that beat Wall Street expectations on Thursday but forecast first-quarter revenue below estimates due largely to foreign exchange volatility. Priceline, the world's largest online travel services company by bookings, said fourth-quarter profit rose nearly 20 percent from the year-earlier period to...

  • Cramer's hottest stocks on the market right now Tuesday, 17 Feb 2015 | 6:10 PM ET
    Models pose during the Kate Spade presentation during Fashion Week in New York.

    In honor of fashion week Jim Cramer reviews the trending stocks of the moment, including this popular security group.

  • What the Expedia-Orbitz deal means for you Tuesday, 17 Feb 2015 | 1:07 PM ET
    Orbitz and Expedia

    Expedia's blockbuster purchase of Orbitz represents a dramatic move in the larger, ongoing battle for travelers' dollars. NBC News reports.

  • Feb 13- The U.S. airline industry expressed concerns on Friday about the tentative merger of Expedia Inc and Orbitz Worldwide Inc, saying it could hurt the travel business, but hinted it would not lobby actively against the deal. Expedia's agreement on Thursday to buy Orbitz for $1.33 billion marked the latest in a spree of acquisitions it and the larger...

  • Cramer Remix: A stock double that isn't done Thursday, 12 Feb 2015 | 7:00 PM ET
    Jim Cramer on Mad Money.

    This stock has doubled over the past year, but "Mad Money" host Jim Cramer says it has a lot more room to run.

  • Cramer: The winning Powerball stocks of the day Thursday, 12 Feb 2015 | 6:12 PM ET
    A man walks into Whole Foods Market in the Brooklyn borough in New York.

    Sometimes the champions are right in front of your eyes! Jim Cramer reviews the victorious stocks of Thursday.

  • *Ceasefire deal reached between Ukraine, Russia. *TripAdvisor soars on results; Expedia to buy Orbitz. NEW YORK, Feb 12- U.S. stocks ended sharply higher on Thursday, with a rally in technology stocks leading the Nasdaq to a 15- year high, while a ceasefire agreement between Russia and Ukraine also eased tensions.

  • Traders work on the floor of the New York Stock Exchange.

    Stocks closed sharply higher as investors cheered a deal between Russia and Ukraine, amid firming oil prices and strong earnings reports.

  • US STOCKS-Tech rally, Ukraine deal boost Wall Street Thursday, 12 Feb 2015 | 1:29 PM ET

    *Ceasefire deal reached between Ukraine, Russia. *TripAdvisor soars on results; Expedia to buy Orbitz. Sentiment was also boosted by a ceasefire agreement between Russia and Ukraine, which soothed concerns that tensions in the region would prove a further drag on Europe's economy.

  • Expedia CEO talks $1.3 billion deal   Thursday, 12 Feb 2015 | 10:01 AM ET
    Expedia CEO talks $1.3 billion deal

    Ortbitz has found a buyer. Expedia CEO Dara Khosrowshahi, discusses his company's deal to buy the Orbitz brand, and competition with Google.

  • Expedia, Orbitz stocks soar on deal news Thursday, 12 Feb 2015 | 9:01 AM ET
    Orbitz and Expedia

    Expedia said it would buy rival Orbitz Worldwide for about $1.33 billion, as it looks to increase its customers base in a highly competitive industry.