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China Eastern Air Holding, Ctrip Announce New Strategic Collaboration
Thursday, April 21, 2016 - 9:24am | 181Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP), a major travel service provider in China, and China Eastern Airlines Corp. Ltd. (ADR) (NYSE: CEA), one of China's three major air transportation groups, announced a new strategic collaboration. As part of the agreement, Ctrip and China Eastern...
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Baidu Is Dealing Its Way To Growth In China
Monday, November 2, 2015 - 2:50pm | 416Baidu Inc (ADR) (NASDAQ: BIDU)’s share price is surging following a big Q3 earnings beat. Jefferies believes that the company’s continued O2O partnership and acquisition efforts are a path to continued growth. The firm has raised its price target on Baidu’s stock from $210 to $...
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Ctrip.com Hits 52-Week High On Priceline News
Tuesday, May 26, 2015 - 3:57pm | 423The Chinese online travel company Ctrip.com International Ltd. (NASDAQ: CTRP) hit a 52-week high Tuesday after Priceline Group Inc. (NASDAQ: PCLN) said it will boost its stake in the company to 10.5 percent. The Norwalk, Connecticut-based Priceline said the increased investment of $250...
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Ctrip Stock Spiking (Again) Because Of A New Investment From Priceline
Tuesday, May 26, 2015 - 8:23am | 394Shares of Ctrip.com International, Ltd. (NASDAQ: CTRP) spiked more than 5 percent during Tuesday's pre-market trading session after the company announced an additional $250 million investment from Priceline Group Inc (NASDAQ: PCLN). Ctrip stated that the investment will be made via a...
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Ctrip, eLong Shares Are Booming After 'Strategic' Stake Revealed
Friday, May 22, 2015 - 8:44am | 290Ctrip.com International, Ltd. (NASDAQ: CTRP) on Friday announced a "strategic" investment in eLong, Inc. (NASDAQ: LONG) by acquiring shares from existing shareholders, including Expedia Inc (NASDAQ: EXPE) and others. China-based Ctrip is a leading travel service provider of accommodation...
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Credit Suisse Assumes Coverage Of Priceline
Monday, November 24, 2014 - 9:42am | 168Stephen Ju of Credit Suisse assumed coverage of Priceline Group Inc (NASDAQ: PCLN) on Monday (due to the departure of the primary analyst) with an unchanged Outperform rating and $1,450 price target. "Our investment thesis remains unchanged as our rating is based on Priceline's open-...
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Market Wrap For April 8: Markets Bounce Higher As Earnings Season Begins
Tuesday, April 8, 2014 - 4:54pm | 2569U.S. stocks rose as major indices finished the day just barely in the green as the Dow was up as much as 50 points and lower by 65 points before settling the day gaining 10 points. The Nasdaq bounced back sharply from its worst three-day performance since 2011 as investors went bargain hunting...
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Deutsche Bank Updates 6/27
Monday, June 27, 2011 - 6:42am | 237Deutsche Bank made a number of updates in a research report published today. PGT Inc (NASDAQ: PGTI) had its rating maintained at Buy and its price target reiterated at $3.50. On Friday, PGT added 7.18% to its value to finish the week at $1.94. Cliffs (NYSE: CLF) had its rating maintained at Buy...