Jeffrey Clarke, the chairman of travel site Orbitz ( OWW ) and once an exec at CA and H-P, has been named Kodak's ( KODK ) new CEO. ( PR ) Kodak emerged from Chap. 11 last September
Orbitz ( OWW +2.3% ) has bought the assets of Travelocity Partner Network, a provider of provide label online travel offerings for e-commerce
Feb 13 (Reuters) - Orbitz Worldwide Inc reported a higher-than-expected quarterly profit on Thursday and said it was making investments to improve its airline-ticket business, sending its heavily shorted shares up 28 percent for their biggest gain since August.
TripAdvisor's strong Q4 report and guidance, Priceline ( PCLN +2% ) and Expedia ( EXPE +2.2% ) are following Orbitz ( OWW +29.4% ) higher. The travel site has skyrocketed in response to a healthy Q4 beat . Also helping: 10% of Orbitz's float
Top 10 Gainers: OTC:RTRX +40% . OWW +26% . IO +26% . SEED +20% . ARCW +19% . SKX +18% . OXBT +18% . SYN +18% . LIVE +15% . Top 10 Losers: DRRX -25
Gainers: OTC:RTRX +36% . IO +25% . OXBT +23% . OWW +14% . SKX +13% . BIOD +12% . RCON +11% . GENE +10% . TWC +8% . LIVE +8% . GNRC +7% . Losers: DRRX -28% . ITRI -21
Orbitz Worldwide , Inc. ( OWW ): Q4 EPS of $0.05 beats by $0.02 . Revenue of $197.4M (+4.2% Y/Y) beats by $6.23M . Post your comment!
Feb 13 (Reuters) - Orbitz Worldwide Inc, an online travel agency, reported a quarterly profit on Thursday as it booked more hotel stays and vacation packages.
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