Orbitz Worldwide Earnings: Here’s Why Investors are Buying Shares Now (Wall St. Cheat Sheet)
Orbitz Worldwide, Inc. (NYSE:OWW) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 20.80%. “We see a continuing trend of travelers adhering to travel management policies and initiatives that save their companies money,” said Mark Walton, Orbitz for Business vice president of strategy and account management. “Orbitz for Business customers depend on our experience, expertise and innovative technology to provide a familiar booking experience across all devices, and we continue to deliver on that expectation. From booking to itinerary management to check in – and everything in between – we are encouraged to see travelers are demonstrating an increased reliance on our mobile solution at all stages of business travel.”
Why Orbitz Shares Skyrocketed (The Motley Fool)
Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis. What: Shares of Orbitz Worldwide (NYSE: OWW ) were flying higher today, gaining as much as 44% after a blowout earnings report. So what: The online travel merchant showed strong growth in hotels during the all-important summer vacation season. Adjusted earnings per share climbed to $0.17, soaring past analyst estimates at $0.09, while revenue moved up 12%, to $225.8 million, ahead of the consensus at $218.9 million. Airline-ticket sales were unchanged, but hotel revenue jumped 40%, which appears to be the main growth market in the industry. Orbitz Worldwide, Inc.(NYSE:OWW) also issued current-quarter revenue guidance above the Wall Street mark, saying it now expects sales of $214-$220 million. Analysts had projected just $213.8 million.
What’s a Smart Priceline.com Inc (PCLN) Investor To Do? (Insider Monkey)
Priceline.com Inc (NASDAQ:PCLN) was in 67 hedge funds’ portfolio at the end of the first quarter of 2013. Priceline.com Inc (NASDAQ:PCLN)investors should be aware of a decrease in activity from the world’s largest hedge funds lately. There were 70 hedge funds in our database with PCLN holdings at the end of the previous quarter. At the moment, there are a multitude of metrics shareholders can use to monitor their holdings. A pair of the most underrated are hedge fund and insider trading movement. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the top hedge fund managers can outpace the S&P 500 by a very impressive amount (see just how much).
TripAdvisor Has Got To Be Kidding With This Pizza Ranking (Business Insider)
Tripadvisor Inc (NASDAQ:TRIP) just came out with a list of America’s top 10 cities for pizza, and New York City was ranked a lowly number four.
Somehow beating out NYC — which is famous for its slices — were San Diego, Las Vegas, and Boston. Chicago, another city with die-hard pizza fans, didn’t even make the top 10. Even worse, the glowing praise of number one seed San Diego’s pizza was ironically that it was “just as good as being home in New York.”Second place Las Vegas pizzas were declared “Brooklyn pizza in the desert” by one TripAdvisor reviewer, whose opinion was featured on the travel site’s ranking as well.
TripAdvisor’s Rotational Program Epitomizes Every Post-Graduate’s Dream (BostInno)
As a recent graduate, I think that 20-somethings are career-commitment-phobic. For the past four years, we have been gorging ourselves on intellectual brain candy. We have had the opportunity to try on various careers in internships, organizational roles and classes, and chances are we appreciated different aspects in all of them. So, when May of that final year rolls around, we leave school with a diploma and, more often than not, without a perfect-fit glass slipper of a career–sometimes even if a start date lies looming in our respective futures. Or, conversely, we score the offer of our dreams, only to find out a few months later that we have chosen the wrong path for ourselves.