Latest Articles
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Priceline’s Stock Rides Big International Growth Opportunity
Measured by gross bookings, Priceline (NASDAQ:PCLN) is the second largest online travel company in the world after Expedia (NASDAQ:EXPE). While the latter posted $29 billion in annual gross bookings, Priceline significantly closed the gap by witn...
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Priceline Expands Its Global Hotel Offerings With CTRIP Partnership
The expansion into the hotel booking markets in Asia and Eastern Europe present a tremendous growth opportunity for US based online travel services providers such as Priceline (NASDAQ:PCLN) and Expedia (NASDAQ:EXPE). Post the acquisition of Booki...
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Priceline’s Guidance Deflates The Surge In OTA Stocks
Priceline (NASDAQ:PCLN), a leading online travel company, reported its Q2 2012 earnings on Tuesday, August 7. The company registered a 27% y-o-y increase in gross bookings and posted $405 million in net income, which was up 43% compared to Q2 201...
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Priceline’s Results Will Show Global Growth At A Slower Pace
Priceline (NASDAQ:PCLN), one of the leading online travel agencies in the world, is set to announce its Q2 2012 earnings on Tuesday, August 7. Leveraging its international brands – Bookings.com and Rentalcars.com – Priceline achieved tremendous t...
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Key Factors Behind Priceline’s $560 Fair Value
Priceline (NASDAQ:PCLN), the second largest online travel company in the world after Expedia (NSDQ:EXPE), has registered around 40% increase in its stock value so far this year. Backed by strong international gross bookings, the company entered 2...
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Priceline Leverages Growth In Hotel Bookings With Express Deals
Launching “Express Deals” earlier this month, Priceline (NASDAQ:PCLN) now offers three ways to book hotels on its website – Clear listing, name your own price and the express deals. In light of the tough macroeconomic scenario, ...
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Priceline Shows Feverish Growth In Asia And Latin America Bookings
Priceline (NASDAQ:PCLN) posted revenues of $1.04 billion and impressive growth of 28% this quarter. Net income swelled by 74% this quarter led by expansion of hotel reservations and car rentals segments in the international markets. The operating...
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Priceline Ready To Show Off Intl Growth In Wednesday’s Earnings
Online travel agency Priceline (NSDQ:PCLN) is set to release its first quarter results this Wednesday, May 9. We expect an upbeat report on the company’s financials as it strengthens its foothold in the international markets. Other online travel ...
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Priceline Increasing Hotel Market Share, Int’l Expansion Support $588 Value
Priceline.com (NASDAQ:PCLN) has largely managed to sustain the stellar gross bookings growth witnessed in the previous quarters in Q3, aided by solid performance of international businesses and steady domestic growth. International growth rates a...
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Priceline Forex Losses, Floods Could Weigh on $588 Value
In the recently released third quarter results, Priceline.com (NASDAQ:PCLN) reported robust growth across the board while highlighting the expectation of a modest deceleration for the remainder of 2011. Our revised price estimate of $588 for Pri...
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Priceline’s Int’l Biz Flexes Muscles Despite Wimpy Macro Environment
Hotel and travel bookings website Priceline.com (NASDAQ:PCLN) has experienced a choppy year. The company has achieved the enviable position of the number two travel booking site in the world after Expedia (NASDAQ:EXPE). The company has focused pr...
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Pricline Jumps on Broker Initiations: Are They Smoking Something?
Priceline (NASDAQ:PCLN), one of the leading online travel agencies saw a near 15% jump in its share price over the last week, triggered by initiation reports published by Credit Suisse and Barclays. CS launched coverage for the stock with a price...
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How a Recovering Travel Industry Could Hurt Expedia & Priceline
Hard to believe? Most would expect the leading online travel agencies (OTAs) such as Expedia (NASDAQ:EXPE) and Priceline (NASDAQ:PCLN) to rejoice due to improving demand for both business and leisure travel following the horrific downturn in 200...
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Priceline’s Even Money Despite Tax Man Targeting OTAs
City officials for some large U.S. cities are claiming that leading online travel agencies such as Expedia (NASDAQ:EXPE), Priceline (NASDAQ:PCLN), Travelocity and Orbitz (NASDAQ:OWW) are collecting state and local hotel occupancy taxes from con...
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Internet Sales Tax Could Hamper OTAs Like Priceline & Expedia
One of Internet retailers historical advantages vs. brick-and-mortar stores is that they previously avoided state sales taxes in most cases. This is set to change as states take a harder look at these laws amid growing pressure from industry and ...
