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|Open Price$94.01||Day Change ($)0.04|
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As of Wed 4/1/2015 5:00:00 PM | USD
Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to the Expedia Q1 2014 Earnings Call. During today's presentation, all participants will be in a listen-only mode. Following the presentation, the conference will be open for questions.
Those firms with moats will continue to take share, despite near-term uncertainty about foreign exchange, European spending, and Asia Pacific regional growth.
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Expedia EXPE reported second-quarter results Thursday that are in line with our full-year forecast. We are maintaining our fair value estimate and are encouraged by several signs that Expedia's turnaround efforts have taken hold. Gross bookings grew 14% from the year-ago period. North American ...
A strong presence in international and mobile markets positions the firm well for long-term growth.
This narrow-moat online travel agency should expand much faster than its competitors and currently looks attractively priced, even given the headwinds, says Morningstar's Matt Coffina.
Investments in mobile platforms and diversified marketing channels point to long-term competitiveness.
...That Shareholders Should Refuse.
Savings at the pump didn't spur much other retail spending in January. Plus, narrow-moat Gap looks like a bargain, while Coke and Amex deal with headwinds.