Orbitz Worldwide ( OWW ) announces that Scott Forbes will replace Jeff Clarke as its non-executive chairman, effective immediately. Forbes says the company is well-positioned to deliver strong growth with strategic international initiatives lined up. Post your comment!
points to an escalation of its efforts to compete against Priceline ( PCLN -0.7% ), Expedia ( EXPE -2.1% ), Orbitz ( OWW -1.6% ) and other online travel agencies. The Web giant has already launched Hotel Finder , a hotel room search engine
FSLR +14% . HZNP +14% . AMCF +14% . SPRO +13% . GALE +12% Top 10 Losers: CETV -12% . XGTI -10% . RENN -10% . GERN -9% . THM -9% . OWW -9% . TXMD -8% . KNDI -8% . OTCPK:CELH -8% . BOFI -8% . Post your comment!
and Meru ( MERU +5.1% ) have been started at Buy by Mizuho. Bernstein started Ruckus at Underperform last week. Orbitz ( OWW -6.4% ) has been cut to Sell by Goldman. MakeMyTrip ( MMYT +3.8% ) has been upgraded to Outperform by Oppenheimer
Orbitz Worldwide ( OWW ) is downgraded by Goldman Sachs to a Sell rating from Neutral on a valuation call. OWW -6.2% premarket Post your comment!
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
(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