At 11:00 AM EST the NASDAQ was down 73 points and the S&P was was down some 25 points…. an hour later we had word of some $30 Billion in Fed liquidity that was being made available to banks...
Truckers led the drop after a fake $100 oil print and after a YRC Worldwide (NASDAQ: YRCW) acquisition write-down, pulling down Arkansas Best (NASDAQ: ABFS) and others.  With no surprise,...
It takes a lot for an active stock of an already established company to see the price of its shares double.  In fact, it usually means that a company has posted a significant recovery or that...
Expedia (NASDAQ:EXPE) is showing that credit market woes (and probably online travel stock weakness) aren’t limited to its competitors.  The company came clean this morning by saying it is...
STOCK TICKERS: ABK, ACA, BZH, LEN, DHI, RYL, CC, BX, FIG, FINL, HGSI, HSY, HW, JNY, NLS, REDE, TRMP, UBET, TZOO, WB The DJIA may have hit 14,000 earlier.  A pullback here, some bad news there,...
Orbitz Worldwide Inc. (NYSE:OWW) came public as planned, but so far that is the only good news.  This was an anticipated IPO as the company used to be public, but most shareholders knew that the...
Online travel hub operator Orbitz did price its IPO of 34 million shares at a price of $15.00 per share.  Orbitz will trade under the "OWW" ticker on NYSE.  Unfortunately the...
Investors are waiting for the pricing of Orbitz (NYSE:OWW) tonight in its IPO, which no one is foolish enough to not know this is a re-IPO.  The official terms were for 34 million shares in a...
Stock Tickers: PCLN, EXPE, TZOO, CTRP The online travel sector is a bit of an odd bird.  The travel sector itself is of course very cyclical and one of the first expenses that can be trimmed...
Travelzoo is a great website and they have 11 million fans that feel the same way too. You don’t book tickets at Travelzoo.com, you click through to the travel provider for that. They don’t...
From William Trent, CFA of Stock Market Beat
Corp Executive Board (Nasdaq: EXBD) 17% LOWER; reports Q1 EPS of $0.50, 1 cent better than estimates.(0.49) Revenues were $124.5 million vs. $127.49 million consensus. Sees Q2 EPS between $0.42-0.45...
Things must be so good in the economy that online travel discounters can’t find bargains.  Travelzoo (TZOO-NASDAQ) just dropped the ball in its earnings numbers.  They posted revenues of...
(ACOR) Acorda Therapeutics receives additional $5 million from Paul Capital Healthcare to fund the expansion of its Zanaflex.(ACTG) Acacia has entered patent license and settlement with Lexmark...
Travelzoo (TZOO-NASDAQ) is seeing its own version of its Wednesday fare sale for its shares on Tuesday.  The street isn’t happy with its results not meeting expectations, and that is...