Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating
whether members of the board of directors of Orbitz Worldwide, Inc.
(NYSE: OWW) breached their fiduciary duties in connection with the
planned merger of the Company with Expedia, Inc. Orbitz operates as an
online travel company worldwide.
Sign-up for ORBITZ INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Orbitz Worldwide, Inc. investment picks
Sign-up for Orbitz Shareholder Alert - National Securities Law Firm Seeks Higher Price For Shareholders In Connection With Acquisition. Encourages Shareholders To Contact Law Firm For More Information investment picks
Sign-up for ORBITZ WORLDWIDE, INC. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Orbitz Worldwide, Inc. (OWW) Over the Proposed Sale of the Company to Expedia, Inc. (EXPE) investment picks
The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of Orbitz Worldwide, Inc. (“Orbitz” or the “Company”) (NYSE:
OWW) relating to the proposed buyout of the Company by Expedia, Inc.
On February 12, 2015, Expedia announced the signing of a definitive
agreement pursuant to which Expedia will acquire Orbitz in a transaction
valued at approximately $1.6 billion.
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor LLP are investigating potential claims against the Board of
Directors of Orbitz Worldwide, Inc. (“Orbitz”) (NYSE: OWW) concerning
the sale to Expedia, Inc. Under the terms of the agreement, Orbitz
shareholders will only receive $12.00 in cash for each share owned,
which is only a slight premium over the 52-week high and the closing
price before the deal was announced.
2014 fourth quarter highlights - Record revenues of $197 million, up 62% from the fourth quarter 2013, or 14.6% 'organically' - Non-GAAP EPS of $0.51 (diluted); GAAP EPS of $0.31 (diluted)
- Cash generated from operations of $23.4 million 2014 full year highlights - Record revenues of $583 million, up 32% from 2013 - Non-GAAP EPS of $1.48 (diluted); GAAP EPS of $0.83 (diluted) - Cash generated from operations of $51.4 million 2015 first quarter guidance - Revenues range: $180 million to $185 million - Gross margin: between 43% and 44%. YAVNE, Israel , Feb.
Brands , a leading multichannel retailer of apparel and home products
focused on serving women and men above the age of 50, today announced
that it has partnered with Borderfree ,
a market leader in international cross-border ecommerce solutions, to
give consumers around the globe online access to its family of fashion
and beauty, home and wellness brands for the first time.
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