Orbitz CEO Barney Harford said the company will be able to provide consumers trips to Cuba within a year.» Read More
NEW YORK— Expedia has acquired travel booking site Travelocity from the Sabre Corp. for $280 million in cash. The deal adds to Expedia's growing portfolio of websites. Since 2013, Expedia Inc. has been powering Travelocity's U.S. and Canadian websites and providing Travelocity access to Expedia hotel supply and customer service program.
NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. Baltic Trading Ltd.: Approximately 3,925,000 shares changed hands, a 370.0 percent increase over its 65- day average volume. The shares rose$. 02 or 1.1 percent to $1.76.
NEW YORK— Shares of Orbitz Worldwide Inc. jumped to a 52- week high Tuesday after a news report said that the online travel company is considering selling itself. Bloomberg reported that Orbitz is working with a financial adviser to find potential buyers. Orbitz, based in Chicago, operates Orbitz.com, CheapTickets.com and other travel sites.
NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:. Copa Holdings S.A. rose 8.8 percent to $113.16. Orbitz Worldwide rose 8.6 percent to $9.95.
Orbitz urged President Obama to lift Cuba restrictions when Raul Castro became President there. Orbitz CEO Barney Harford, makes his case for Cuba.
A handful of retail and consumer-oriented stocks may have potential to deliver holiday returns, if recent history is any guide.
Barney Harford, Orbitz CEO, says the company delivered a strong quarter and good guidance. Harford also discusses a loyalty deal with Bank of America.
Some of Thursday's midday movers:
*Genworth and Qualcomm slump following results. *Whole Foods rallies in bright spot for market. NEW YORK, Nov 6- U.S. stocks edged up in a volatile session on Thursday as an indication that Europe would step in with additional stimulus in the case of weak economic conditions boosted cyclical shares, though some lackluster tech results kept a lid on gains.
Nov 6- Orbitz Worldwide Inc cut the top end of its 2014 revenue forecast as a strong U.S. dollar weighs on returns from its international business, sending the online travel operator's shares down as much as 12 percent. The operator of the Orbitz and CheapTickets websites also reported a lower-than-expected third-quarter profit, hit by a jump in marketing costs...
Genworth, Qualcomm both slump following results. *Whole Foods rallies in bright spot for market. NEW YORK, Nov 6- U.S. stocks rose slightly in a volatile session on Thursday, with investors cheered that Europe would step in with more stimulus if needed, though continued weakness in energy shares and some lackluster results kept a lid on gains.
Orbitz Worldwide on Thursday reported profit of $9 million in its third quarter.
*Genworth, Qualcomm both slump following results. *Whole Foods rallies in bright spot for market. Occidental Petroleum lost 1 percent to $85.60 on Thursday while Halliburton Co was off 1.6 percent to $51.51.
Nov 6- Orbitz Worldwide Inc reported a lower-than-expected quarterly profit, due partly to higher marketing costs related to a new loyalty program for users of its travel booking websites. Orbitz's shares were down nearly 2 percent in premarket trading after the company also forecast full-year revenue below analysts' expectations. The operator of the...
Nov 6- Online travel operator Orbitz Worldwide Inc reported a 14.6 percent jump in quarterly revenue, helped by rising leisure and business travel in North America. The company, which operates travel booking websites under Orbitz and CheapTickets brands, said revenue increased to $253.1 million in the third quarter ended Sept. 30 from $220.9 million a year...
Stocks could continue to tilt higher, as traders focus on U.S. jobless claims data and productivity and labor costs ahead of the Oct. jobs report.
Professors examined e-retailers and travel sites to determine if they implement price discrimination or price steering. The answer was yes.
Some of Thursday's midday movers:
Looking to fly this holiday season? Be ready for fuller flights and higher fares, in spite of toil and trouble everywhere.
Some of Tuesday's midday movers: