orbitz worldwide, a lot of you out there use it. in first quarter revenue driven by increases in hotel and vacation packages, no doubt from many of you dying to get out of cold weather. as we head into summer now, what do the company's quarterly numbers and guidance tell us about the strength of the travel industry? joining me now, barney heart per, orbitz worldwide ceo. let's get to it, barney. what do your numbers and data tell us what could be a healthy or weak summer travel season? >> you know, we're seeing a really strong travel market these days. we did a summer travel survey recently and found 88% of consumers plan to take a summer vacation. that is up 77%. liz: where are they going and planning to do? vacation packages to europe? >> majority, biggest destinations are within the u.s. for u.s. travelers. mexico is a top international destination. europe is a little bit more expensive right now given the approximately 5% deterioration of exchange rate we've seen over last 12 months. however there are ways to save. if you buy ai

jeanenne tornatore joins us this morning for the travel outlook from orbitz. good morning jeanenne, and what will be the top destinations? > > well, according to orbitz' bookings, the number one booked memorial day weekend destination is las vegas-- followed by cancun, punta cana, new york and chicago round out the top 5. > > it was a tough winter for much of the nation. with so people traveling, are there any last minute deals left? > > well it's going to be tough because we're right on the weekend. a lot of these destinations are close to capacity and they have so many events going on and it's driving a lot of people here. i'm actually coming to you from virginia beach, virginia which is not just a big drive destination for the east coast, it's a world-renowned destination. so people fly here from chicago, from all over. right now we're seeing the average hotel rates here are just under $200 a night. > > along with orlando, you say other top destinations are san diego san francisco, london and honolulu. aaa is predicting a record number of travelers, what ar

coming up on after the bell, more on business travel with the ceo of orbitz.ing some pretty interesting business. you'll be surprised at what drove their numbers recently. closing bell ringing in 38 minutes. you just heard neil hennessey mention twitter. twitter's little bluebird attempting to take off again today. is it being lifted up by wall street's noisy cheerleading for a totally different company, alibaba's gigantic upcoming ipo? charlie gasparino here in a few moments with an exclusive report. and shining brightly, solarcity's stock is on fire today after a sunny forecast for the year even though they reported losses, but can the solar services company keep powering through in the face of growing competition? they've got a deal with google, but google's making friends with other solar companies too. we'll talk to lyndon rive, solarcity's co-founder and ceo, exclusively. he's only talking to fox business. here comes the sun. ♪ ♪ liz: okay, you blink and the dow jons industrials coming back. take a look, we should put up the markets right now because the

. >>> if a long weekend was not enough for you, orbitz is offering 15% off hotel stays with the promocode get happy. and hotels.com is offering $50 off, a coupon there for expenditures of $300 or more. >>> and the top ten companies for pay and the perks. that keeps employees happy, evidently google number one, costco, two. facebook, adobe, epic round out the top three. intuit, usaa, chevron, salesforce.com and monsanto. the survey was conducted by glass door. >>> just ahead on "early today," the rolling stones are back on tour following a two-month hiatus. >>> plus an almost perfect game. domination in the playoffs. >>> and the dog with one of the coolest jobs around. we've got sports headlines next. [ male announcer ] at the corner of "where you need us most" and "where you least expect us," walgreens is more than just a drugstore. some pharmacy staff deliver medications right to your hospital bedside. and whenever, wherever you have questions, walgreens experts are there for you 24/7 with online pharmacy chat. we even bring immunizations to seniors right where they need us. because

. >>> orbitz worldwide posted a first-quarter loss blaming it on a charge from an income tax provisione online travel agency did see higher overall bookings and an increase in revenue from a recent acquisition. it also forecast revenue for the current quarter above analyst estimates, but investors couldn't ignore that loss and shares fell almost 2.5% to $7.24. >> an engineer at general motors retired in the wake of the company delayed ignition recall. the retirement has nothing to do with the switch debacle which has been linked to 15 deaths. shares of gm off slightly today $34.75 is where they finished and walgreens saw same-storr sales rise more than 7.5% in april and lifted by an early easter holiday. and new generic drugs. shares were up 1.5% to $61.8537 humana, wellpoint and monsanto all got a lift after larry robbins said the stock was well placed for growth. robbins whose hedge fund is over $7 billion said at the annual conference today that humana could see 30% to 40% growth. he was also excited about monsanto saying that stock is cheap. all three of those names are up more tha

ab upbeat -- an upbeat forecast from orbitz, but the company posted a loss, 4% lower on orbitz. cinco de mayo celebrating mexico's independence, and our production meeting this morning there was a divide as to why we celebrate it here. is it an excuse to drink? or an excuse to make money? here are your thoughts coming in. anne marie says: has the u.s. ever needed an excuse to drink? good question. i shall not answer it. and steele chimes in: who needs cinco de mayo to drink? seeing obamacare's tragic enough to find the bottle. you just had to do it. i will bring you my take on cinco de mayo in the next hour. i think it is all-american. this is all about the november elections. we will explain it next. ♪ [ male announcer ] identity theft ... it's one of the fastest growing crimes in america. in fact, there's a new victim of identity theft every...three...seconds. so you have to ask yourself, am i next? one weak password could be all it takes. or trusting someone you shouldn't. over 100 million consumers had their personal information stolen in recent retail store and online secur

. >> drop for orbitz. >> i know it sounds crazy, this is none expensive stock.y sold off because they got a 7 1/2 million share secondary which sent stocks tumbling. see how it trades post that pricing to indicate whether or not it is worth getting in on this. >> pop for carnival. >> i played this with the same seasonality trade we talked about with wynn. 6% is on average what it is up in april. that's what i played it for. next two months seem like negative months. i would not be playing carnival to the up side just yet. way for deeper into the summer. >> pop for pandora up 2%. >> it was up more than that, too. cfo speaking at a conference. positive story. all this talk about apple and beats. any time apple has gone into the streaming i radio, people said it is a pandora killer. i think the beats deal, and the $500 million capital, it is a value. >> i don't think you buy here but if you want to see what happens to a momentum stock that breaks, pull up a chart of molycorp. after 2011. once these things break, they can really break. >> 2011. wow. that's when we h

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orbitz getting a pop in the markets. announcement of a second common stock offering..5 million shares at $6.60 each. the effective date for the split will be announced at a later time. visa and mastercard, credit card companies staying in russia. executives met with the russian government. they spoke about new rules that would require them to pay a security deposit to work in that country. offruba networks, selling despite reporting third-quarter earnings in line with estimates. the company said it used fourth quarter gross margin at the end of its forecast. >> shares of fresh market surging after the company reported double-digit growth and first quarter sales. they also protected earnings that topped analyst estimates. >> number one is hewlett-packard. meg whitman plans to cut 16,000 more jobs on top of 34,000 previously announced as part of a restructuring plan. they reported second-quarter earnings in line with estimates. sales have fallen for 11 straight quarters as pc demand continues to fall. want to bring in michael purvis, the chief global strategist and we d

orbitz has a new credit card, 5% back. another $50 off your fee.ousand dollar hotel stay, you'll get about 2,000 points in the star woods program, which is enough to get a free night and about $110 back. pretty good deal. >> i love this idea. trying to figure out whether you should drive or fly somewhere. there are sites to help you estimate fuel costs. >> this is one that i love. in the summer, it's always higher gas prices for the summer driving season. one resource is aaa's triptych. they will tell you the cheapest fuel along the route. they also do a fuel cost calculator for a longer road trip so you the figure out if you're going from phoenix to louisville, how much you might spend along the way. if you go to befrugal.com, it's a little bit more complex. they'll ask you questions like how long do you want to drive every day, factor in tolls, hotel. if you did fly, baggage fees. we've got a lot of baggage behind us here. all of those different things. there might be a couple hundred dollars of difference, but in the end, it helps you make that

let's check orbitz announcing a selling stockholder.e underwriters of a 0-day stockhold stockholder. they will not receive any proceeds from the offering, shares down 1.33%, come back a bit but had a fairly appropriate to us drop when the news did come out. >> thank you. >> the white house is accusing china of spying on u.s. businesses. cisco ceo john chambers is accusing the white house of intercepting routers and sending they ever overseas. why is the u.s. literally making a federal case? we'll have a full report and boxing pay-per-view purchases have taken a hit recently. where is the new crop of boxing stars in champ sugar ray leonard is here. we'll get his take exclusively when we come back. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim from td ameritrade. alltoday is monday today, we greet you. treat

i don't think their technology is head and shoulders above orbitz or kayak.on a certain segment of the consumer that does this type of travel booking and it is working. no reason anyone should expect it to stop working. >> the big earnings people are watching for after market today are linkedin. but when you talk about a stock that's the poster child for this momentum movement of late, how are you looking at linkedin ahead of the earnings and what number do you really want to see in that press release? >> that's clearly been a poster child. priceline's in there. throw amazon in there as well. i think the stock has sold off significantly enough where you might catch more of a bounce off the bounce you saw today. valuation finally caught up to these guys and gals. it is 64 times, 65 times forward earnings. people looked past that when the momentum was in play. but now that the momentum has failed on a lot of these names, now valuation counts. i'm not certain that eps is going to be the real guide. think it is a revenue thing and we'll see very shortly if in fac

one of the big movers is orbitz.l. >> it had a secondary offering announced last night, so selling more stock. it's not one of the company's, but the original shareholders. >> home depot is a stock to watch. actually trading higher. more than 2% after initially falling after reporting disappointing sales and profit numbers for last quarter. mostly blamed on the weather, because the highlights from the conference call, according to executives, a robust outlook. that was the word used. the power of robust as an analyst told us at the beginning of the hour to describe may sales, and also talking optimistically about the housing market, not seeing the signs of pressure we've seen from the government data. in terms of housing, watch home depot. >> okay, that's it from us. we have completed our hour, our task is over. let us send it to "squawk alley." >> well done, guys. thanks. home depot is the best performing s&p component now. good morning, 8:00 a.m., and microsoft headquarters in redmond, washington, 11:00 a.m. here i

. >> i think online travel agents such as orbitz, expedia, travelocity, calculating in ancillary fees to searches is a step forward and is a huge benefit for travelers. >> reporter: back at the airports, nostalgia for the golden days of flying. >> they should be more passenger friendly rather than getting the money out of us. >> reporter: this is all part of the passenger bill of rights the obama administration rolled out several years ago that prohibited the airlines from keeping you stuck on a tarmac for hours on end in bad weather. the airline industry here in washington tells nbc this morning it is studying these new rules, but it does support transparency. guys, back to you. >> all right, tom costello, thank you. >>> general stanley mcchrystal is already one of the army's most decorated soldiers when he led the surge in afghanistan, but his career was cut short by revelations in "rolling stone" magazine of comments his staff made about the obama administration. now retired, mcchrystal is challenging a new generation of young people to serve their country, and general mcchrystal i