Expedia

An unofficial “take that!” to all of Groupon's critics. It's no secret that Groupon (NASDAQ: GRPN) and Benzinga are closely connected. Early this spring, Lightbank – the technology investment vehicle from Groupon co-founders Brad Keywell and Eric Lefkofsky – invested $1.5 million in our company....

According to the Dow Jones Newswires, Groupon has received questions from the Securities and Exchange Commission over the outspoken memo that CEO Andrew Mason sent out to his employees late last month. The memo leaked and, within a matter of days, everyone knew what Mason was thinking. “The reason...

Citi, which raised its PT on shares of Expedia Inc. (NASDAQ: EXPE) “We hosted a meeting in Seattle with EXPE's management (CEO Dara Khosrowshahi and CFO Mike Adler),” Citi writes. “While there was no disclosure re: near-term trends, our overall takeways combined with recent industry trends make us...

Citigroup has raised the price target on Expedia (NASDAQ: EXPE) from $29 to $33 and maintains its Buy rating.

It's a big week for Groupon, and not just because of its initial public offering. This week, the daily deal giant announced that it is teaming with Expedia (NASDAQ: EXPE) to offer travel deals and to allow travel suppliers the chance to expose their brands to consumers. Fox Business reports that...

Jefferies is out with its report today on Expedia (NASDAQ: EXPE), reiterating Buy. In a note to clients, Jefferies writes, "We're reiterating our Buy/$31 PT on EXPE, which presented at the Jefferies TIMT Conf. yesterday. Our Buy rating reflects a) a positive read on the business midway through 2Q...

According to Morgan Keegan, Expedia (NASDAQ: EXPE) maintains Market Perform rating and $26 price target. Morgan Keegan said that business as usual at Expedia, albeit with bookings in domestic slightly weaker than expected and Int'l better than expected. “We retain our Market Perform but advise...

Citi is out with its report on Expedia (NASDAQ: EXPE), reiterating Buy. In a note to clients, Citi writes, "We continue to view EXPE as a Core Holding among Large Cap Internet stocks. Our fundamental thesis remains: 1) A 11% FCF yield, 12X P/E stock with 15% 3-yr EPS growth outlook presents as the...

Piper Jaffray is out with its report today on Expedia (NASDAQ: EXPE), maintaining Neutral. In a note to clients, Piper Jaffray writes, "While Expedia's core leisure business grew a respectable 13% y/y in the December quarter, TripAdvisor grew revenues 34% y/y (38% y/y 3rd party revenue growth, ~28...

Stifel Nicolaus is out with its report today on Expedia (NASDAQ: EXPE), upgrading shares of EXPE from Hold to Buy. In a note to clients, Stifel Nicolaus writes, "We are upgrading shares of Expedia from Hold to Buy with a 12-month target price of $35 per share. Our upgrade is based on a sum-of-the-...

According to Morgan Keegan, Expedia (NASDAQ: EXPE) is downgraded to Market Perform. Morgan Keegan reported that a separation offers the potential to realize more value from TripAdvisor but risks affecting the OTA business' revenue margins and competitiveness. “With shares indicated at ~$26 in the...

Citi is reiterating both its $29 price target and its Buy rating on Expedia Inc., (NASDAQ: EXPE) upon the company's announcement that it plans to split into two different publicly traded companies; Expedia, which will handle travel transactions business, and TripAdvisor, which will control travel...

Goldman Sachs released its report yesterday on Expedia (NASDAQ: EXPE), maintaining Neutral. In a note to clients, Goldman Sachs writes, "American Airlines and Expedia jointly announced today that they had reached a 'memorandum of understanding' that allows for American Airlines tickets to be made...

Deutsche Bank released its report yesterday on Expedia (NASDAQ: EXPE), maintaining Hold. In a note to clients, Deutsche Bank writes, "American Airlines and Expedia announced today that they have reached a memorandum of understanding that will allow the companies to resume business together. While...

According to Deutsche Bank, Expedia (NASDAQ: EXPE) will see a new Asia online travel agency coming in 3Q11. Deutsche Bank reported that Expedia announced that it plans to form a new 50/50 joint venture with AirAsia (covered by DB analyst Michelle Foong), an low-cost airline servicing 76...