Some of Thursday's midday movers:» Read More
NEW YORK, Aug 11- U.S. shares rose modestly in Monday trading, continuing a recovery from a brief correction that ended Friday as investors focused on hopes for easing tensions between Ukraine and Russia.
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 7- Online travel agency Orbitz Worldwide Inc forecast current-quarter revenue above analysts' estimates, helped by a rise in spending on air tickets and hotel bookings in an improving U.S. economy. Under its rewards program, Orbitz offers discounted hotel bookings if customers also buy air tickets.
Aug 7- Online travel operator Orbitz Worldwide Inc forecast higher-than-expected revenue in the current quarter as an improving economy spurs spending on air travel and hotel bookings. Orbitz' shares fell 1.1 percent to $8.96 in early trading on Thursday.
Aug 7- Online travel operator Orbitz Worldwide Inc forecast current-quarter revenue above estimates as an improving economy spurs spending on air travel and hotel bookings. The company, which operates travel booking websites under its namesake and CheapTickets brands, said it expects revenue of $249- $254 million for the quarter ending September.
*Priceline's offer of $103/ shr a 46 pct premium. June 13- Travel website owner Priceline Group Inc will buy restaurant reservation website operator OpenTable Inc for $2.6 billion, aiming to broaden its services outside the increasingly competitive online travel industry.
June 4- Airline ticketing company Travelport Worldwide Ltd, owned by private equity firm Blackstone Group LP, filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock. The Atlanta, Georgia- based company listed Morgan Stanley and UBS Securities as lead underwriters for the offering.
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May 8- Travel website owner Priceline Group Inc reported higher-than-expected quarterly profit on Thursday as it booked more hotel stays, car rentals and airline tickets. Priceline is "executing well," said Dan Kurnos, an analyst with Benchmark Co. Its shares rose 1.3 percent.
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Wal-Mart announced a new marketing partnership with AutoInsurance.com, a comparison website for drivers.
Some of Monday midday movers:
Some of the names on the move ahead of the open.
Some of Friday's midday movers:
Orbitz CEO Barney Harford says mobile is a huge strategic focus for the travel site and weighs in on a "great 2014."
As a heavy snowfall smothered activity around Wall St., traders worried a negative retail sales report contains bigger warnings about the economy.
Some of Thursday's midday movers:
Despite a stellar 5-year advance, Cramer thinks this is the cheapest momentum stock in the market.
Take a look at Tuesday's midday movers: