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Priceline.com Inc
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Active managers in both the mutual and hedge fund industries are badly underperforming their peers, and they have a mutual malady: a bad Apple.
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Steve Hafner, Kayak CEO & co-founder, provides perspective on the upcoming summer travel season.
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Goldman Sachs revealed the stocks most popular with the nearly $2 trillion hedge fund industry. The so-called VIP list has outperformed the S&P 500 this year.
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Stocks finished modestly higher Friday with major indexes posting their third week in positive territory and the Dow and S&P 500 closing at new record highs.
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NEW YORK, May 10- The yen slid to a 4-1/ 2- year low against the dollar on Friday, triggering a sell-off in oil and gold as well as safe-haven U.S. and German debt, after recent signs of strength in the U.S. labor market added to bullish sentiment on the dollar. The fall in oil was intensified by rising supplies and doubts over the strength of China's economy. "
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Priceline.com's international prospects drove the stock higher Friday and overseas expansion will be a key focus of investment for the company, CEO Jeffery Boyd tells CNBC.
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Jeffery Boyd, Priceline.com president and CEO, defends his company's business model to grow and improve the performance of its brand.
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NEW YORK, May 10- The yen on Friday slid to its lowest against the dollar since October 2008 as its decisive break through the 100- yen mark triggered a sell-off in U.S. and German bonds, along with a sharp fall in crude oil. Equities on Wall Street and in Europe were higher, but a measure of global equity markets was lower.
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NEW YORK, May 10- The yen on Friday slid to its lowest against the dollar since October 2008 as its decisive break through the 100 yen mark triggered a drop in the price of safe-haven U.S. and German bonds. Wall Street opened mostly higher, following a rise in European equities, but a measure of global equity markets was lower.
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*Nasdaq rises after results from Priceline, Nvidia. "We're getting more constructive on the second half of the year as both the market and the economy are picking up," said Terry DuFrene, investment specialist for JP Morgan Private Bank in New Orleans. "
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Tom White, Macquarie Research analyst, explains why he is overall "optimistic" about the internet travel company's growth prospects.
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*Boeing may be able to boost Q4 deliveries of 787 s. NEW YORK, May 10- U.S. stock index futures pointed to a flat open on Friday, though indexes remained on track for a firm finish to the week, which repeatedly saw the indexes scaling new highs.
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U.S. stock index futures pointed to a higher open on Friday as the global risk-on rally regained strength in early trade in Asia and Europe.
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*Boeing may be able to boost Q4 deliveries of 787 s. NEW YORK, May 10- U.S. stock index futures edged higher on Friday as the market's recent momentum returned, putting equities on track for a strong week that repeatedly took indexes to record highs.
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The online travel site reported profits of $5.76 a share on revenues of $1.30 billion. Mark Mahaney, RBC Capital Markets analyst, breaks down the numbers and provides an outlook on the company's growth.
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Stocks closed lower Thursday, after the Dow and S&P 500 briefly touched fresh all-time highs. Meanwhile, the U.S. dollar rose above the key threshold of 100 yen for the first time since April 2009.
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Check out which companies are making headlines after the bell Thursday:
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No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.