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Ctrip.com Hits 52-Week High On Priceline News
Tuesday, May 26, 2015 - 3:57pm | 423Read More...The 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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What 3 Analysts Think Of Priceline Now
Friday, May 8, 2015 - 2:25pm | 606Read More...Shares of Priceline Group Inc (NASDAQ: PCLN) were trading slightly lower Friday, continuing Thursday's decline after the company posted an upbeat first quarter results, but issued a weak second quarter outlook. Here are what three of Wall Street's top analysts have to say. RBC:...
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Morgan Stanley Upgrades Expedia, Cites Faster Volumes
Friday, May 1, 2015 - 1:10pm | 248Read More...In a report published Friday, Morgan Stanley analyst Brian Nowak upgraded shares of Expedia Inc (NASDAQ: EXPE) to Equal-Weight from Underweight with a price target raised to $92 from a previous $75 as volume and share gains accelerated which offset higher advertising spending. Nowak noted that it...
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7 Internet Stocks Goldman Sachs Loves
Wednesday, April 8, 2015 - 11:27am | 530Read More...In a new research note, Goldman Sachs said that it remains positive on Internet stocks based on reasonable valuations and 2015 expectations. Additionally, Goldman said that sector growth opportunities are high, with twice the growth rate and "higher returns relative to market averages....
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Oppenheimer Comments On Priceline's Last-Minute Booking App
Friday, January 16, 2015 - 11:15am | 175Read More...Priceline Group Inc (NASDAQ: PCLN) on Thursday launched a new app called Booking Now, which is the first truly global app for spontaneous bookings. Manish Hemrajani of Oppenheimer commented on Friday in a note that the new app lends itself to the evolving trends in booking, consumer and...
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Credit Suisse Assumes Coverage Of Priceline
Monday, November 24, 2014 - 9:42am | 168Read More...Stephen 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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Priceline Issues Light Guidance, Shares Tumble Along With Other Travel Names
Tuesday, November 4, 2014 - 12:41pm | 272Read More...Priceline Group Inc (NASDAQ: PCLN) reported its third quarter results before market open on Tuesday. The company earned $22.16 per share, $1.05 more than analysts expected while revenue of $2.84 billion was in-line with expectations. Bookings in the third quarter slowed to 28 percent growth...
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Piper Jaffray Defends Priceline, Calls Sell-Off A Buying Opportunity
Tuesday, November 4, 2014 - 12:37pm | 161Read More...Shares of Priceline Group Inc (NASDAQ: PCLN) tumbled on Tuesday following the company's weak third quarter results and troubling fourth quarter guidance. Michael Olson of Piper Jaffray defended shares on Tuesday, noting the more than 8 percent drop in share prices creates a buying...
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Trade Options With Caution; The Bulls Are Not Convincing
Monday, September 8, 2014 - 9:50am | 596Read More...Recap Of Last Week The week was short and mostly red until Friday. Friday started with a tough morning for the bulls, but turned around to close yet another bullish week for the S&P 500. In terms of quality green weekly candle, last week was not so pretty. The price action was less than...
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Priceline Group Inc. Is A Momentum Stock Left Behind
Thursday, September 4, 2014 - 2:29pm | 558Read More...Many of the high-flying momentum stocks have gone into orbit as of late, but one issue has not joined the party: Priceline Group Inc (NASDAQ: PCLN). The issue is actually quite a distance from its all-time high made back in March ($1,378.96) and is much closer to its June low ($1,183.00)....
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Markets Close The Week On Negative Note As Ukraine Worries Mount
Friday, August 15, 2014 - 5:01pm | 2461Read More...U.S. stocks erased early morning gains and finished lower following reports that Ukrainian artillery forces engaged armored vehicles entering Ukraine from Russia. Narayana Kocherlakota, Minneapolis Fed President, stated that labor strength in its current state appears to be far away from the...
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Expedia Or Priceline: Which Would You Rather?
Monday, August 11, 2014 - 9:18am | 507Read More...In the race for supremacy in the online travel sector, several companies have held their own. Two -– Priceline (NASDAQ: PCLN) and Expedia (NASDAQ: EXPE) –- are solid stock picks. If you have them in your portfolio already, you know they are strong performers and will likely only get...
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Stocks Mildly Higher To End The Week
Friday, June 27, 2014 - 4:33pm | 2073Read More...U.S. stocks were mildly higher as the second quarter comes to an end on Monday, before the markets pause for the Fourth of July holiday. Economic data was light as investors showed little interest as consumer sentiment improved in June from May. Recommended: Will The Markets Be Bullied By The...
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3 Social Media Stocks That Short Sellers Like Right Now
Thursday, June 26, 2014 - 9:25am | 903Read More...Among the leading social media companies based in the United States, Groupon (NASDAQ: GRPN), LinkedIn (NYSE: LNKD) and Pandora Media (NYSE: P) saw significant upswings in short interest in early June. The number of shares short in Angie's List, Facebook, Twitter and United Online grew...
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Room For Collecting Premiums As Options Uncertainties Remain Abuzz
Monday, June 23, 2014 - 10:13am | 749Read More...Friday was bullish, lacking red in important names like Google (NASDAQ: GOOG) (NASDAQ: GOOGL), Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), Priceline (NASDAQ: PCLN), etc. Also the VIX was green by 1.4 percent. Headlines aside, uncertainties are still abuzz but the ranges are stable and somewhat...
