Priceline’s 3Q17 Revenue Defies Tough Conditions
For the third quarter of 2017, Priceline’s (PCLN) revenue rose 20.2% YoY or year-over-year to $4.4 billion, driven by strong gross bookings growth of 19% YoY.
For the third quarter of 2017, Priceline’s (PCLN) revenue rose 20.2% YoY or year-over-year to $4.4 billion, driven by strong gross bookings growth of 19% YoY.
Italian asset manager Azimut Holding plans to spin-off part of its network of financial advisors and merge it into a new digital bank to be listed within 6-9 months, it said on Thursday. The financial advisors of the new, independent, fintech bank will be given 2% of the share capital each year, for the first five years, replicating the shareholding model of Azimut. Azimut Holding will benefit from a 20-year revenue guarantee on the income generated by the company's existing assets.
Ryanair CEO Michael O'Leary said he wants Boeing's new head of commercial airplanes division Stephanie Pope to stay in the role to fix production problems rather than be considered a contender as the planemaker's new head. O'Leary said the identity of the next CEO was secondary to the need for Boeing to address the problems that have caused delivery delays and pushed back his airline's aggressive growth plans. But he still said he would prefer Boeing CEO Dave Calhoun to stay on to complete the turnaround.
TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy underperformed the Russell Midcap Growth Index and returned 13.66% (gross) and 13.44% (net) while the index return was – 14.55%. In addition, please […]
If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
The announcement was made at a press conference on Wednesday afternoon
Ukrainian Prime Minister Denys Shmyhal was in Poland on Thursday for talks with his counterpart Donald Tusk to address Polish and western European farmers’ demands that regulations be applied to the cheap Ukrainian food imports that they say are undercutting their livelihoods. Farmers in many countries have been staging vehement protests against the imports and tensions have grown between Kyiv and its staunch ally Warsaw over the tax-free inflow of Ukraine's farm produce. Tusk has suggested that Poland, a NATO member and European Union country bordering Ukraine, will seek quotas on the imports during the talks.
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Former Sierra Leone international Lamin Bangura dies aged 59 after a road accident in the West African nation.
Ryvyl ( NASDAQ:RVYL ) Full Year 2023 Results Key Financial Results Revenue: US$65.9m (up 100% from FY 2022). Net loss...
Francis Scott Key Bridge collapsed into the Patapsco River in Baltimore on Tuesday after cargo ship collides with crucial support
Germany's main national postal carrier on Thursday stopped using domestic flights to transport letters after nearly 63 years, a move that reflects the declining significance of letter mail and allows it to improve its climate footprint. Deutsche Post said the last planes carrying letters between northern and southern Germany, operated by Lufthansa unit Eurowings and Tui Fly, flew overnight on the Stuttgart-Berlin, Hannover-Munich and Hannover-Stuttgart routes. The company said letters between those destinations will now be transported by road, allowing the company to reduce transport-related carbon dioxide emissions on the routes by over 80%.
We can readily understand why investors are attracted to unprofitable companies. For example, although...
Rollercoaster gained notoriety for several bone-breaking injuries
Ryanair CEO Michael O'Leary said he wants Boeing's new head of commercial airplanes division Stephanie Pope to stay in the role to fix production problems rather than be considered a contender as the planemaker's new head. O'Leary said the identity of the next CEO was secondary to the need for Boeing to address the problems that have caused delivery delays and pushed back his airline's aggressive growth plans. But he still said he would prefer Boeing CEO Dave Calhoun to stay on to complete the turnaround.
Invicta Holdings Limited ( JSE:IVT ), is not the largest company out there, but it saw significant share price movement...
TORONTO & CHICAGO, March 28, 2024--Euna Solutions®, a leading provider of purpose-built, cloud-based solutions for the public sector, today announced the launch of Euna Budget: Strategic Budgeting, a first-of-its-kind offering that enables city leaders to connect their strategic plans with annual budgets. Euna Budget offers full-cycle strategic budgeting, connecting strategy to all aspects of the budget including operating, personnel, and capital budgets.
Crown Place VCT PLC (the “Company”)Director/PDMR Transaction Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. 1Details of the person discharging managerial / persons closely associated a)Name Ian Spence - Director of Crown Place VCT PLC 2Reason for notification a)Position/status PDMR/Director b)Initial notification/AmendmentInitial notification 3)Details of the issuer, emission allowance market partici
Mikhail Metzel/Sputnik via ReutersRussian President Vladimir Putin says his forces will shoot down any Western-supplied F-16 fighter jets given to Ukraine, claiming that the nuclear-capable aircraft wouldn’t change the situation on the battlefield.Speaking to Russian air force pilots late Wednesday, Putin said Moscow has no intention of attacking any countries in NATO but that F-16s could be targeted wherever they’re located if they’re being used against Russian forces. “Of course, if they will