RBC Capital Raises Price Target on Expedia (EXPE) Following 3Q Earnings Results

Evercore ISI Reiterates Hold Following Expedia's (EXPE) 3Q

October 30, 2015 10:13 AM EDT

Evercore ISI maintained a Hold rating and $145.00 price target on Expedia (NASDAQ: EXPE) following the company's 3Q earnings results. Bookings and revenues were inline at $15.4B and $1.94B. Expedia also reported solid unit growth and financial performance.

Analyst Ken Sena commented, "Expedia reported solid... More

Pre-Open Stock Movers 10/30: (CRAY) (YRCW) (LNKD) Higher; (AAN) (CTRL) (SCTY) Lower (more...)

October 30, 2015 9:33 AM EDT

VirtualScopics (NASDAQ: VSCP) 50.8% HIGHER; reported Q3 EPS of ($0.02), versus ($0.33) reported last year. Revenue for the quarter came in at $3.22 million, versus $2.74 million reported last year.

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Expedia (EXPE) PT Lifted to $160 at Cowen Following Strong Q3

October 30, 2015 7:47 AM EDT

Cowen analyst Kevin Kopelman reiterated an Outperform rating and boosted his price target on Expedia (NASDAQ: EXPE) to $160.00 (from $150.00) following strong results after the close with room nights up 28%.

Kopelman commented, "Q3 room nights were +28% y/y organic, same as Q2 growth, as hotel... More

Exclusive: AirAsia founder began buyout talks as share fall put loans at risk - sources

October 30, 2015 3:19 AM EDT

By Saeed Azhar and Anshuman Daga

SINGAPORE (Reuters) - AirAsia founder Tony Fernandes began talks with bankers to take Asia's No.1 budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk, people familiar with the situation told Reuters.

The Malaysian entrepreneur and his business partner Kamarudin Meranun, respectively Group CEO and Chairman of AirAsia Bhd , borrowed the money against their 19 percent indirect holding in AirAsia from Credit Suisse and CIMB to help fund private ventures, people familiar with the situation said.

... More

After-Hours Stock Movers 10/29: (CRAY) (COLM) (LNKD) Higher; (SCTY) (CTRL) (VRX) Lower (more...)

October 29, 2015 6:04 PM EDT

Cray (NASDAQ: CRAY) 22.1% HIGHER; reported Q3 EPS of $0.48, $0.42 better than the analyst estimate of $0.06. Revenue for the quarter came in at $191.4 million versus the consensus estimate of $140.95 million.

SolarCity (NASDAQ: SCTY) 19% LOWER; reported Q3 EPS of ($2.41), $0.46 worse than the analyst estimate of ($1.95). Revenue for the quarter came in at $113.86 million versus the consensus estimate of $111.43 million.

inContact (NASDAQ: SAAS) 15.5% HIGHER; reported Q3 EPS of ($0.09), $0.02 better than the analyst... More

Expedia (EXPE) Tops Q3 EPS by 5c

October 29, 2015 4:15 PM EDT

Expedia (NASDAQ: EXPE) reported Q3 EPS of $2.07, $0.05 better than the analyst estimate of $2.02. Revenue for the quarter came in at $1.94 billion versus the consensus estimate of $1.96 billion.

Room night growth excluding eLong accelerated to 36% year-over-year, with domestic and international room nights growing 25% and 50% year-over-year,... More

UPDATE: Trading Radar for 10/29: Aetna (AET), LinkedIn (LNKD), Baidu (BIDU), ConocoPhillips (COP), MGM Resorts (MGM), Deckers (DECK) Report

October 28, 2015 2:53 PM EDT

(Updated - October 28, 2015 2:54 PM EDT)

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 264kContinuing Claims - Street sees 2.185MGDP: Adv. - Street sees 1.6%Chain Deflator: Adv. - Street sees 1.3%

Earnings:

A.H. Belo (NYSE: AHC) - no Street consensus
Aetna (NYSE: AET) - consensus EPS $1.77
Air Products (NYSE: APD) -... More