An upgrade to Buy from Lazard provides a lift to Orbitz ( OWW +2% ): the firm cites valuation and improving hotel room bookings growth. Shares are up 178% YTD after struggling in 2011-2012 thanks to share losses to Priceline/Expedia. Post your comment!
May 9 (Reuters) - Orbitz Worldwide Inc., the online travel agency, reported a quarterly profit on Thursday and forecast revenue for the current quarter above Wall Street's estimates, sending its shares up 23 percent above their high for the year.
May 9 (Reuters) - Orbitz Worldwide Inc, an online travel agency, reported a quarterly profit on Thursday, aided by a tax benefit.
NEW YORK, May 2 (Reuters) - Nearly three-quarters of Americans are planning to take a summer break and many will be heading to the beach, which is the most popular vacation getaway, according to a report released on Thursday by online travel company Orbitz .
operating margin of 30% to 35% and compared the forecast to other consumer Internet companies such as Expedia, Priceline, Orbitz and Monster.com. OpenTable’s margin range is higher, but the authors predicted that achieving it is feasible because
By StockBaller : For years now, the internet has been used to research holiday destinations and make bookings. The online travel industry (sometimes referred to as Travel 2.0 ) is now a multi-billion dollar industry. For many, websites like Wikitravel (a free Wikipedia-style website covering ...
AMR ( AAMRQ.PK ) and Orbitz ( OWW ) have settled lawsuits over the latter's display of information about American Airlines' flights and prices. AMR had sued Orbitz and its largest shareholder, Travelport, for breaching antitrust
(Reuters) - American Airlines and online travel agency Orbitz Worldwide Inc , which have been locked in a years-long dispute over travel distribution costs and methods, on Monday said they have reached an agreement resolving the litigation between them.
April 1 (Reuters) - American Airlines and online travel agency Orbitz Worldwide Inc, which have been locked in a years-long dispute over ..... over American parent AMR Corp's Chapter 11 case. American had sued Orbitz in Apri
read-through from the firm is that a "narrow moat" exists for Expedia ( EXPE -0.7% ), Priceline ( PCLN +1% ), and Orbitz ( OWW -3.7% ). Will one online travel player finally jump out on top in an industry called "anybody's game" by analysts