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Stanford Initiates Coverage on Priceline com PCLN with a Buy: related news
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Stanford initiates coverage on Priceline.com (Nasdaq: PCLN) with a Buy, citing positive growth outlook as consumers continue expanding use of Internet for travel plans. Price target $140.
in E-commerce
via Street Insider @ 11:42 10th Jul
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Priceline com (PCLN) was upgraded today by analysts at Citigroup and the stock is now at $102.52, up $0.60 (0.59%) on volume of 1,075,514 shares traded. The analyst upped PCLN to Buy from Hold. Over the last 52 weeks the stock has ranged from a low of $69.20 to a high of $144.34. Priceline com stock has been showing support around $98.89 and resistance in the $103.95 range. Technical indicators for the stock are neutral and S&P gives PCLN a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on PCLN the stock seems like it could be a candidate for a September out-of-the-money bull-put credit spread below the 85 range. [ABR-Seven Summits Strategic Investments NewsBite]
in E-commerce
via Market Intelligence Center @ 5:42 16th Aug
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NORWALK, Conn.--(Business Wire)-- Priceline.com(R) (Nasdaq: PCLN) announced today that it will hold a conference call to discuss its 2nd quarter 2008 financial results on August 5, 2008, at 4:30 p.m. ET. The event will be webcast live and the audio will be available for seven days thereafter at www.priceline.com in the Investor Relations Section. About Priceline.com(R) Incorporated Priceline.com Incorporated (Nasdaq: PCLN) www.priceline.com provides online travel services in 21 languages in over 60 countries in Europe, North America, Asia, the Middle East and Africa. Included in the priceline.com family of companies is Booking.com, a leading international online hotel reservation service, priceline.com, a leading U.S. online travel service for value-conscious leisure travelers, and Agoda.
in E-commerce
via Reuters @ 12:07 17th Jul
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MINNEAPOLIS, BUSINESS WIRE -- Best Buy (NYSE:BBY), the nation's leading consumer electronics retailer, today announced that it will begin rolling out twelve Best Buy Express(TM) automated kiosks in major airports across the U.S. as part of a pilot program. Best Buy Express kiosks will offer a variety of products and accessories at familiar store prices that will appeal to business and leisure travelers alike. Best Buy has teamed with third party ZoomSystems to launch the test.
in Gadgets
via Consumer Electronics Net @ 12:45 11th Aug
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NORWALK, Conn.--(Business Wire)-- Priceline.com Inc. (Nasdaq: PCLN) announced today that it has signed a long-term lease and is moving forward with plans to establish a new customer contact center in Wyoming, MI, which is located southwest of Grand Rapids. Represented by celebrity spokesman William Shatner, priceline.com www.priceline.com is a leading global online travel service, launched in 1998. In 2007, priceline.com generated $4.8 billion in gross travel bookings. Priceline.com said its new Michigan call center, which will occupy 45,670 square feet of an existing office building, will provide support for customers who make hotel reservations through Booking.com, priceline.com's international business unit. Priceline.com believes that Booking.
in E-commerce
via Reuters @ 20:46 6th Aug
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Priceline.com Includes Potential Hurricane Season Destinations In New Sunshine Guaranteed Vacation Packages Promotion for Fall 2008 Get a Full Refund for Airfare, Hotel, Rental Car & More If Rain Ruins Your Vacation NORWALK, Conn.--(Business Wire)-- Travelers who missed their first chance to book a Priceline Sunshine Guaranteed vacation package now have another opportunity. Today, priceline.com (Nasdaq: PCLN) www.priceline.com announced a new Sunshine Guaranteed promotion for late Summer/Fall 2008 that will refund customers if rain ruins their vacation. "We were pleased by the positive customer response this summer to our Sunshine Guaranteed vacation packages, and we have decided to offer them again for late summer and fall travel," said Tom Trotta, priceline.
in E-commerce
via Reuters @ 10:08 4th Aug
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Best Buy Co. will start selling the iPhone on Sept. 7, becoming first U.S. chain to do so outside of Apple Inc.'s and AT&T Inc.'s own stores. The announcement, expected today expands the availability of Apple's vaunted phone to 970 full-size stores and 16 smaller Best Buy Mobile stores. It's also a coup for the Minneapolis-based chain, which has been upgrading its cellphone departments. "We had a lot of work to do, obviously, to get in a position where Apple and AT&T would feel good about Best Buy Mobile carrying it, and that's what we've done in the last 18 months," said Shawn Score, president of Best Buy Mobile. Best Buy also resells Apple's Mac computers and iPod media players. Apple spokeswoman Natalie Kerris said the long-standing relationship between the companies was the reason Best Buy would now be able to sell the iPhone.
in Gadgets
via Report On Business @ 8:20 13th Aug
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What: Best Buy and Samsung partner to host a free consumer electronics recycling event Saturday, August 23 and on Denver's proclaimed Green Sunday, August 24 at the Southwest/Littleton Best Buy. The first 100 cars each day will receive a $5.00 Best Buy gift card. Best Buy is committed to fueling its growth worldwide as a responsible, values-driven global corporation. This means Best Buy aspires to make business decisions that are considerate of economic value to shareholders, the ethical responsibility of the enterprise and impact on people, communities and the environment. As a result, Best Buy has taken the lead on a number of environmental initiatives. We are pleased to bring our recycling initiative to Denver in conjunction with Green Sunday and the upcoming Democratic National Convention.
in Gadgets
via Street Insider @ 18:09 18th Aug
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Priceline's Asian Travel Experts Offer Tips For Attending The 2008 Summer Olympics In Beijing What to see and do in Beijing - and how to find the most reasonably priced hotel rooms NORWALK, Conn. & BANGKOK, Thailand--(Business Wire)-- There's sure to be plenty of excitement at the events surrounding the August 8-24, 2008 Summer Olympics in Beijing. But visitors to the Games should also allow time to explore Beijing and all it has to offer, according to Michael Kenny, Chief Executive Officer of Agoda.com, priceline.com's (Nasdaq: PCLN) Asian online hotel reservation service. Olympics-goers can still find Beijing hotel rooms on priceline.com www.priceline.com or, for an even wider selection, they can try Agoda www.agoda.com. Hotel rates are running a wide gamut from $127 a night at the Days Inn Forbidden City to $1,019 at the 5-star Jianguo
in E-commerce
via Reuters @ 14:02 14th Jul
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Best Buy (BBY) will start selling Apple’s iPhone in its stores and the relationship between the two parties has become quite symbiotic. For Apple (AAPL), Best Buy is a great distribution channel–Apple Stores are typically located in metropolitan areas and consumers may not stumble on an AT&T (T) store. Meanwhile, Apple is just solidifying an existing Mac distribution partnership with Best Buy by adding the iPhone. - The iPhone will be sold at Best Buy Mobile, which has been rolled out to its 970 stores. Best Buy sells Macs at 600 stores.
in Gadgets
via Seeking Alpha @ 17:30 14th Aug
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The Best Buy vending machine at Dallas Fort Worth airport will be just one of a series of "Best Buy Express" machines, according to new info from Best Buy itself. In partnership with ZoomSystems, Best Buy will install similar machines at Atlanta, Boston, Dallas, Houston, Las Vegas, Los Angeles, Minneapolis and San Francisco. So from September 1st you'll be able to buy cellphones, cameras and other digital goodness when you fly from one of these 9 locations. Be careful though: For some reason these machines are really good at tempting you. Maybe it's all the excitement of flying, but I so very nearly bought an iPod from a similar machine last year, and I didn't even need one. [AP News]
in Gadgets
via Gizmodo @ 12:44 11th Aug
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Shares of online travel firm Priceline.com (PCLN: View sentiment for PCLNsentiment, chart, options) have plunged more than 15% in early trading following the company's quarterly report this morning. For the quarter, PCLN posted a second-quarter adjusted net income of $1.55 per share on revenue of $514 million. Analysts were expecting a profit of $1.41 per share on revenue of $496 million.
in Online Auctions
via Schaeffers Research @ 17:45 6th Aug
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Recieve full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
in Online Auctions
via Street Insider @ 12:25 10th Jul
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Priceline.com ("PCLN" or the "Company") reported earnings in early August, exceeding Street estimates and raising guidance for the year. On the surface, those results would usually lead to a strong rally in the stock, but PCLN shares instead fell by over 10% after earnings. Even with the stock under $100 and over 30% off its peak, shares in PCLN may still be overvalued given the headwinds currently facing the Company.
in E-commerce
via Seeking Alpha @ 8:55 30th Aug
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Priceline.com ("PCLN" or the "Company") reported earnings in early August, exceeding Street estimates and raising guidance for the year. On the surface, those results would usually lead to a strong rally in the stock, but PCLN shares instead fell by over 10% after earnings. Even with the stock under $100 and over 30% off its peak, shares in PCLN may still be overvalued given the headwinds currently facing the Company.
in E-commerce
via Seeking Alpha @ 16:44 29th Aug
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Priceline.com's William Shatner Makes AOL's List Of Top Celebrity Spokespeople Of All Time WalletPop names the celebs who have become "nearly synonymous" with their brands NORWALK, Conn.--(Business Wire)-- Ten years ago, consumers first heard William Shatner proclaim that priceline.com (Nasdaq: PCLN) www.priceline.com would be "big...really big." That decade of association has paid off. AOL's personal finance site WalletPop www.walletpop.com has named Shatner to the list of its favorite celebrity spokespeople of all time. Shatner joins a star-studded list of pitchmen (and women) that includes Bill Cosby, Michael Jordan and Brooke Shields. According to WalletPop, "Celebrity spokespeople have long been a favorite marketing tool of companies with products or services to sell.
in Online Auctions
via Reuters @ 18:28 20th Aug
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Priceline.com Inc. signed a long-term lease and is moving forward with plans to establish a new customer contact center in Wyoming, Michigan, which is located southwest of Grand Rapids. Priceline.com said its new Michigan call center, which will occupy 45,670 square feet of an existing office building, will provide support for customers who make hotel reservations through Booking.com, Priceline.com's international business unit. Priceline.com believes that Booking.com, which is based in Amsterdam, is Europe's largest and fastest growing hotel reservation service. The facility also will house credit control operations and writers, translators and editors responsible for generating content for Booking.com's Web sites, which are available in 18 languages in 65 countries.
in E-commerce
via Modern Agent Online @ 7:03 8th Aug
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The shares of priceline.com (PCLN) are poised to gap higher this morning after Thomas Weisel upgraded the shares from "overweight" to "market weight." The brokerage firm stated that company's domestic business appeared to be accelerating. Thomas Weisel reported that PCLN's ticket volume was up 67% in the second quarter, compared to 51% in the first quarter. "Bookings growth has tracked to volume gains, giving us comfort in Priceline's ability to exceed the high end of its 46%-56% guidance," it said, affirming its $145 price target.
in Online Auctions
via Schaeffers Research @ 13:11 28th Jul
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Sir Vivian Richards, chairman of the Stanford Superstars Selection Panel, today announced the much anticipated 17-man Stanford Superstars squad to face England in the Stanford 20/20 for US$20million on November 1 at the Stanford Cricket Ground in Antigua.
in Cricket
via ECB.co.uk @ 17:15 14th Aug
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Hotel announcement follows booking fee elimination for airline tickets NORWALK, Conn.--(Business Wire)-- Following up on its elimination of all booking fees on published-price domestic and international airfares, priceline.com (Nasdaq: PCLN) announced today that it has decided to implement three new fee chops on its published-price hotel reservation service. The moves, which will lower bottom-line prices for hotel rooms reserved through priceline.com, take effect immediately. "The fee chops announced today are expected to put millions of dollars of savings back into our hotel customers' pockets, as we have already done with our elimination of booking fees on published-price airline tickets," said Tim Gordon, priceline.com's Senior Vice President, Hotels.
in E-commerce
via Reuters @ 13:24 1st Jul
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Apple (AAPL) and retailer Best Buy (BBY) got cozy with a “store within a store” pilot project a couple years ago. After a successful test, the pilot became a full-fledged roll out. Last week, Best Buy finished another project: a long effort to upgrade its cell phone sales department. (Best Buy Mobile shops are a a joint venture with Britain’s Carphone Warehouse). Putting the Apple and Phone upgrades together, Best Buy selling the iPhone would seem a natural fit. That’s exactly what was announced Wednesday.
in Handhelds
via Seeking Alpha @ 16:15 14th Aug
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Richfield, Minn.-based Best Buy Co. Inc. is planning to use about 2,500 sq. ft. of retail space in dozens of its stores throughout the United States for musical instruments and accessories, according to the Associated Press. The consumer electronics retailer expects to open about 85 music centers within its stores by the end of this year in an effort to expand revenue opportunities as CD and DVD sales decline. "We're not just extending the shelf space in the store, we're creating a designated area specifically for this experience," said Kevin Balon, vice president of musical instruments for Best Buy. "And we're trying to create an authentic and genuine musical instrument store look and feel inside of Best Buy." Ten music centers have already opened in Best Buy stores in California, Illinois and Minnesota.
in Gadgets
via Display & Design Ideas @ 0:00 29th Jul
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Sir Vivian Richards, chairman of the Stanford Superstars Selection Panel has announced the much anticipated 17 man Stanford Superstars squad to face England in the Stanford 20/20 For US$20million on November 1 at the Stanford Cricket Ground in Antigua.
in Cricket
via Cricket World @ 16:41 14th Aug
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Baird initiates coverage on McAfee (NYSE: MFE) with an Outperform, saying company positioned to benefit from current spending trends. Price target $44.
in Computer Security
via Street Insider @ 17:37 27th Jun
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Best Buy Presents The Police Encore Performance from Madison Square Garden Live on Best Buy.com on August 7, 2008
in Gadgets
via Street Insider @ 12:47 5th Aug
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