International Business News - EXPE http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Orbitz Worldwide Inc. was downgraded and earnings estimates for online travel competitors Priceline.com Inc. and Expedia Inc. were cut Thursday, as analysts pointed to a weaker travel market and a stronger dollar. http://www.ibtimes.com/articles/20081009/ahead-of-the-bell-online-travel-sites.htm Thu, 09 Oct 2008 09:20:45 EDT A federal judge has dismissed a lawsuit in which Louisville and Lexington officials tried to collect taxes from hundreds of online hotel brokers such as Hotels.com. http://www.ibtimes.com/articles/20080930/judge-dismisses-cities-lawsuit-over-hotel-taxes.htm Tue, 30 Sep 2008 18:34:14 EDT Among the stock activity stories for Tuesday, Sept. 30, from AP Financial News: NEW YORK (AP)--Shares of Express Scripts Inc. made a strong recovery Tuesday, as investors shrugged off a large trade at an unusually low price at Monday's close. http://www.ibtimes.com/articles/20080930/movers-roundup-express-scripts-citigroup.htm Tue, 30 Sep 2008 15:05:13 EDT Expedia Inc. shares rose Tuesday, following the overall market's climb after Monday's huge sell-off, bolstered by an analyst's view that the online travel company still has a "decent near-term outlook," among other positives. http://www.ibtimes.com/articles/20080930/expedia-rises-with-market-positive-analyst-note.htm Tue, 30 Sep 2008 11:45:18 EDT The effects of the dollar's rising value against the euro and British pound will likely pressure large-cap Internet companies with a big international exposure, said Citi Investment Research analyst Mark S. Mahaney in a note to investors. http://www.ibtimes.com/articles/20080922/sector-snap-internet-stocks-slide.htm Mon, 22 Sep 2008 14:38:56 EDT Online travel agency Expedia Inc. said Monday it signed a deal to provide Virgin America's published fares, schedules and inventory to its customers. Terms were not disclosed. http://www.ibtimes.com/articles/20080908/expedia-signs-deal-to-offer-virgin-america-fares.htm Mon, 08 Sep 2008 08:38:59 EDT U.S. online travel stocks mostly fell Thursday, with shares of Orbitz Worldwide Inc. leading the sector down after a KeyBanc Capital Markets analyst began covering the stock with a "Hold" rating. http://www.ibtimes.com/articles/20080904/sector-snap-us-online-travel-stocks-mostly-fall.htm Thu, 04 Sep 2008 13:55:26 EDT Expedia Inc. said Tuesday it signed a long-term agreement with Red Lion Hotels Corp. for its 50 properties to be consolidated and available for booking on the online travel agency's Web sites. http://www.ibtimes.com/articles/20080812/expedia-to-post-red-lion-bookings-on-web-sites.htm Tue, 12 Aug 2008 09:44:39 EDT Investors parachuted from Priceline.com Inc. and other major online travel companies Wednesday amid concerns that high fuel costs and the sputtering economy will hurt earnings during the final half of the year. http://www.ibtimes.com/articles/20080806/sector-snap-internet-travel-stocks-descend.htm Wed, 06 Aug 2008 14:56:36 EDT Thrifty Car Rental, a subsidiary of Dollar Thrifty Automotive Group Inc., said Thursday it plans to expand its relationship with Expedia Inc. Thrifty Car Rental will join the Expedia website's Preferred Car Rental Program and Expedia.ca, where customers can receive Thrifty's rates on car rentals. http://www.ibtimes.com/articles/20080731/thrifty-joins-expedia-rental-car-programs.htm Thu, 31 Jul 2008 15:16:02 EDT Among the earnings stories for Thursday, July 31, from AP Financial News: NEW YORK (AP)--Online travel agency Expedia Inc. reported Thursday that its profit remained flat in the second quarter, though its adjusted results beat analysts' expectations on an increase in bookings. http://www.ibtimes.com/articles/20080731/earnings-roundup-expedia-dow-corning.htm Thu, 31 Jul 2008 14:41:14 EDT Online travel agency Expedia Inc. reported Thursday that its profit remained flat in the second quarter, though its adjusted results beat analysts' expectations on an increase in bookings. http://www.ibtimes.com/articles/20080731/expedia-2q-profit-remains-flat.htm Thu, 31 Jul 2008 10:05:22 EDT Online travel stocks traded mixed Monday, with shares of Priceline.com Inc. rising after an analyst upgraded the stock but shares of rival Orbitz Worldwide Inc. sinking following bearish analyst commentary. http://www.ibtimes.com/articles/20080728/sector-snap-online-travel-stocks-mixed.htm Mon, 28 Jul 2008 14:41:18 EDT Shares of Orbitz Worldwide fell Monday after a Canaccord Adams analyst said the online travel company is "least favorably positioned" in the sector since the majority of its bookings are domestic and related to air travel. http://www.ibtimes.com/articles/20080728/orbitz-shares-fall-on-downbeat-analyst-note.htm Mon, 28 Jul 2008 19:09:12 EDT Online travel company Expedia Inc. said Tuesday it will buy Italy-based Venere Net ApA to expand its footprint in Europe. The company did not say how much it was paying to buy the Web site from Advent International and the founding partners. The acquisition is subject to regulatory approval in Germany. http://www.ibtimes.com/articles/20080715/expedia-to-buy-italy-based-venere-web-site.htm Tue, 15 Jul 2008 07:24:11 EDT The Travel Industry Association of America, whose members include airlines, hotels and tourism agencies, spent $317,500 in the first quarter to lobby the federal government http://www.ibtimes.com/articles/20080708/travel-industry-spent-317-500-on-lobbying.htm Tue, 08 Jul 2008 13:51:16 EDT Online travel site operator Orbitz Worldwide Inc. said Wednesday it will become the travel portal for software maker Microsoft Corp.'s MSN.com sites in the U.S. and U.K., replacing rival Expedia.com. http://www.ibtimes.com/articles/20080702/orbitz-com-will-become-msns-travel-provider.htm Wed, 02 Jul 2008 13:34:38 EDT Among the sector activity stories for Monday, June 30, from AP Financial News: NEW YORK (AP)--Most online travel stocks fell Monday after an analyst lowered his price targets for Expedia Inc., Orbitz Worldwide Inc. and Priceline.com Inc., citing weakening European leisure travel trends and rising search ad competition. http://www.ibtimes.com/articles/20080630/sector-roundup-online-travel-automakers.htm Mon, 30 Jun 2008 14:17:23 EDT Most online travel stocks fell Monday after an analyst lowered his price targets for Expedia Inc., Orbitz Worldwide Inc. and Priceline.com Inc., citing weakening European leisure travel trends and rising search ad competition. http://www.ibtimes.com/articles/20080630/sector-snap-online-travel-stocks-mostly-fall.htm Mon, 30 Jun 2008 13:40:20 EDT Expedia Corporate Travel, a unit of online travel company Expedia Inc., said Monday that has changed its name to Egencia, added new Web site tools and agreed to buy Synergi Global Travel Management. http://www.ibtimes.com/articles/20080630/expedia-corporate-travel-changes-name-to-egencia.htm Mon, 30 Jun 2008 12:35:29 EDT