Orbitz ( OWW -4.1% ) is now selling 34M shares (31% of outstanding shares) on behalf of top shareholder Travelport Limited, up from
Top gainers, as of 5:15 p.m.: RNWK +11.8% . SCSS +9.9% . RUSS +7.4% . GPRO +6.9% . TSL +5.1% . Top losers, as of 5:15 p.m.: JOY -6.2% . OWW -5.2% . KPTI -5.1% . KOG -4.3% . VIP -4.2% . Post your comment!
Orbitz (NYSE: OWW ) plans to sell 20M shares (18% of outstanding shares) on behalf of Travelport Limited through a public offering. Underwriters
Chris Orton, Orbitz's ( OWW -0.1% ) COO since 2011, has resigned to "take a position outside the travel industry." ( 8-K ) Global product strategy
Susquehanna has upgraded Expedia ( EXPE +3.3% ) to Positive, and UBS has started Orbitz ( OWW +4.7% ) at Buy. Susquehanna: "Our updated breakdown of EXPE's 3 main businesses (Travelocity, Trivago, and "core
By Andrew Brady : Priceline ( PCLN ) is the best positioned company in the online travel industry and will continue to be for many years. It provides discounted rates to customers for hotels, flights, and car rentals. By negotiating these discounted prices, PCLN creates value for its shareholders.
(Reuters) - Online travel agencies Priceline.com and Orbitz Worldwide Inc posted higher-than-expected quarterly profits on Thursday, pointing to solid demand for travel.
Marcus; UNXL tanked further on its touch-screen shipment delays. Barron’s corrected an error in its report last week on OWW [the air travel portion of its revenue is 33%, not 70%] but retained its negative view. ESRX has lagged but is attractive
shorted stocks have moved up big [ TSLA +140% since March ] as bears have thrown in the towel. Some valuations are stretched [ OWW +250% since November ; SIX +200% since October 2011 ]. For the week , Dow +1.56% , SP500 +2.07% , Nasdaq Comp
(Reuters) - Orbitz Worldwide Inc on Wednesday reported higher quarterly profit, but cut its full-year forecast, sending its shares down nearly 10 percent in morning trading.