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Feb 20, 2015
02/15
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BLOOMBERG
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priceline has an advantage of scale and relationships. priceline will by an innovator.'t do it in-house. they watch the world outside, and those with capital by those. when facebook spends $18 billion to buy a startup -- >> the problem is what those new technologies are valued at. >> the game still goes to the big player with a stock currency to buy. if facebook is the kind of person you want to have, if you want to buy in the social networking space -- >> when you see these valuations for snapchat or oculus, what do you think? >> they are not buying what wall street has talked about. what they are buying his position. remember when people used to pay for your position in line at a corporate jet? what these people had that they are paying billions for is a position in line. usually it's a couple million. >>if you don't buy the position in line, the defensive cost is high . for companies paying with stock and not cash, it is a dilution question, not a valuation question. the valuations seem nuts to a values player. was the youtube price high or low? everybody said google
priceline has an advantage of scale and relationships. priceline will by an innovator.'t do it in-house. they watch the world outside, and those with capital by those. when facebook spends $18 billion to buy a startup -- >> the problem is what those new technologies are valued at. >> the game still goes to the big player with a stock currency to buy. if facebook is the kind of person you want to have, if you want to buy in the social networking space -- >> when you see these...
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Feb 13, 2015
02/15
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KQED
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triva goe cost $8 million but rival priceline deal's biggest. open deal table for $2.4 billion and kayak for $1.7 billion. rashai rejects the idea there's a lack of competition or the regulators should get involved. >> we compete in a much larger segment in general and there's lots and lots of competition for that top audience. >> reporter: and for travelererss shopping online the co said all major brands will operate with an independence that ensures there's still a deal to be had even if they're still all owned by the same company. i'm simon hobbs at the new york stock exchange. >>> coming up what some local florists are doing to keep businesses from wilting as competition increases and valentine's day approaches. >>> business is blooming for the flower industry but not necessarily for your local florists. increased competition in online delivery companies are pinching many small business owners. but as kate rogers reports, some old-fashioned mom and pop shops are finding an edge in order to battle back. >> reporter: this year more than $2 bil
triva goe cost $8 million but rival priceline deal's biggest. open deal table for $2.4 billion and kayak for $1.7 billion. rashai rejects the idea there's a lack of competition or the regulators should get involved. >> we compete in a much larger segment in general and there's lots and lots of competition for that top audience. >> reporter: and for travelererss shopping online the co said all major brands will operate with an independence that ensures there's still a deal to be had...
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Feb 12, 2015
02/15
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CNBC
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it will take a vicious war among expedia, orbiz and priceline and create a truce and end of real price competition. trip adviser reported a jaw droppingly fabulous quarter at a people were fearing a travel industry slowdown related to the strong dollar. but with expedia and trip adviser used by billions of people to travel faster with applications that work best on cell phones. these two companies will dominate the $400 billion travel industry which is consolidating like mad. i bet they'll bust the expedia-orbitz tie-up. you can say hey guys listen.
it will take a vicious war among expedia, orbiz and priceline and create a truce and end of real price competition. trip adviser reported a jaw droppingly fabulous quarter at a people were fearing a travel industry slowdown related to the strong dollar. but with expedia and trip adviser used by billions of people to travel faster with applications that work best on cell phones. these two companies will dominate the $400 billion travel industry which is consolidating like mad. i bet they'll bust...
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Feb 3, 2015
02/15
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CNBC
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priceline, target. >> of those three, i think i'd go priceline.actly what paul was talking about, sentiment-wise. in general, it's not something i think is going much, much higher. i think the sentiment has been so negative on this. >> we've got some more on disney's call. let's get back to julia in l.a. with the latest. >> bob iger making some interesting comments about the potential to sell video content direct to consumers outside the cable bundle. he said he's not worried about including espn in dish's otc service, breaking up the bundle for now, but he just said he thinks there's an opportunity for other disney brands, including disney, even marvel and "star wars" to sell content directly to the consumer down the line. he says they're not going to be doing anything to disrupt the bundle right now, but they do see opportunity in going directly to consumer and their diehard fans. melissa? >> thank you so much. disney right now is just $1.35 off of brian kelly's price targets. >> i still maintain that. >> you stay with disney until they disappoi
priceline, target. >> of those three, i think i'd go priceline.actly what paul was talking about, sentiment-wise. in general, it's not something i think is going much, much higher. i think the sentiment has been so negative on this. >> we've got some more on disney's call. let's get back to julia in l.a. with the latest. >> bob iger making some interesting comments about the potential to sell video content direct to consumers outside the cable bundle. he said he's not worried...
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Feb 12, 2015
02/15
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CNBC
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priceline have reason to worry about the deal?e'll talk about that. >>> former treasury secretary larry summers with his take on the recovery and suggestion of the fed coming to hiking interest rates. get a look at the premarket. the dow been around 17,900 one time this year and looks set to do it again today. hey, girl. is it crazy that your soccer trophy is talking to you right now? it kinda is. it's as crazy as you not rolling over your old 401k. cue the horns... just harness the confidence it took you to win me and call td ameritrade's rollover consultants. they'll help with the hassle by guiding you through the whole process step by step. and they'll even call your old provider. it's easy. even she could do it. whatever, janet. for all the confidence you need td ameritrade. you got this. have you heard of the new dialing procedure for for the 415 and 628 area codes? no what is it? starting february 21, 2015 if you have a 415 or 628 number you'll need to dial... 1 plus the area code plus the phone number for all calls. okay, b
priceline have reason to worry about the deal?e'll talk about that. >>> former treasury secretary larry summers with his take on the recovery and suggestion of the fed coming to hiking interest rates. get a look at the premarket. the dow been around 17,900 one time this year and looks set to do it again today. hey, girl. is it crazy that your soccer trophy is talking to you right now? it kinda is. it's as crazy as you not rolling over your old 401k. cue the horns... just harness the...
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Feb 13, 2015
02/15
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BLOOMBERG
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this requires expedia and priceline to pivot well. they can certainly put the effort in to make sure all of their apps work seamlessly on mobile devices. there are opportunities especially when you have these big ships. >> whenever i talk to anyone in the travel industry, they talk about google, some antitrust issues with the way that they show search results. how big of a threat is this to expedia? >> chances are, they will always be the biggest player in travel because it will be a required marketing challenge. you may have figured out a way to get around them, but you want to succeed in online travel and commerce, you have to pay the piper. they will stay at the top of the final, along with trip advisor. i doubt that they will get deep into the bookings are. -- part. they have tried for years and have that much traction. they are fine, their business model works just fine for travel. >> when users search on their phones, are they getting the best options for travel, the cheapest tickets, the most direct connections to hotels? >> it
this requires expedia and priceline to pivot well. they can certainly put the effort in to make sure all of their apps work seamlessly on mobile devices. there are opportunities especially when you have these big ships. >> whenever i talk to anyone in the travel industry, they talk about google, some antitrust issues with the way that they show search results. how big of a threat is this to expedia? >> chances are, they will always be the biggest player in travel because it will be...
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Feb 19, 2015
02/15
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FBC
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up $88, that is almost 8% $1,200 a share on priceline.bama obamanomics not working. economy will only grow in average of 2.3% year over the long term. charlie gasparino is here. that is not a very good growth rate and it is coming from the white house itself. >> it is more of the same. he will blame george bush for handing him a financial crisis. stuart: he will blame republicans for not spending money on infrastructure. >> he will start by blaming george bush for handing him a bad hand and start talking about not enough infrastructure, why aren't we raising the minimum wage which in his view would have a keynesian impact. the problem with this, it should be a front-page story in every newspaper. this economic system is not working. we had higher taxes, minimum-wage going up across the country in different states yet gdp is still at a level that is atrocious. you can't put enough people to work and when gdp falls like that you have a problem with those programs he wants to institute. stuart: we are in a mess because you can't spend all th
up $88, that is almost 8% $1,200 a share on priceline.bama obamanomics not working. economy will only grow in average of 2.3% year over the long term. charlie gasparino is here. that is not a very good growth rate and it is coming from the white house itself. >> it is more of the same. he will blame george bush for handing him a financial crisis. stuart: he will blame republicans for not spending money on infrastructure. >> he will start by blaming george bush for handing him a bad...
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Feb 19, 2015
02/15
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FBC
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priceline on a roll. bj's restaurant up almost 17%.tter earnings report than the street expect. let's start with solarcity. they almost doubled their revenue in the last quarter. 78 million. the problem they had increased expenses, and that had a loss of about 144 million. that's the reason we're seeing them trade down. walmart. walmart missing on revenue and lowering their guidance from sales for 2015. walmart down roughly, what, almost 3% today. walmart having trouble. when you crunch the numbers as charlie brady does for us, walmart is responsible for 17 points down on the dow. be careful with charlie, he shops at target. back to you, liz. liz: he shops at target. i don't know cutting the stuff at target? breaking news. america's love affair with vodka is waning. remember these classic absolut vodka ads that made flavored vodka cool. apple teen ease and stuff. american drinkers are falling in love with another spirit. pernod ricard ready to take over the competition. he has some tricks up his sleeve to become number one. beat out di
priceline on a roll. bj's restaurant up almost 17%.tter earnings report than the street expect. let's start with solarcity. they almost doubled their revenue in the last quarter. 78 million. the problem they had increased expenses, and that had a loss of about 144 million. that's the reason we're seeing them trade down. walmart. walmart missing on revenue and lowering their guidance from sales for 2015. walmart down roughly, what, almost 3% today. walmart having trouble. when you crunch the...
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Feb 13, 2015
02/15
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KGO
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the other major player is the much larger priceline group. but both expedia and priceline are being challenged by new competitors including google as well as the airlines and hotels themselves. >>> and are you still waiting? i'm sure though you've already gotten your valentine's day taken care of but for a couple of you if you're still waiting to get chocolate for someone special going to be spending a little more than last year. chocolate has become more expensive because the price of its main ingredient cocoa has soared. the main why increased demand for chocolate especially dark chocolate, your favorite sara i do believe. that demand has increased across asia and in particular china. >> because i the healthy chocolate. we went over this. >> yes. >> and wine as well is healthy. >> agree. >>> when we come back a man is buried in snow after an avalanche. the desperate race to save his life caught on camera. >>> plus getting goofy. yes, that's the president, the serious reason though for this video with president obama. behind every open heart
the other major player is the much larger priceline group. but both expedia and priceline are being challenged by new competitors including google as well as the airlines and hotels themselves. >>> and are you still waiting? i'm sure though you've already gotten your valentine's day taken care of but for a couple of you if you're still waiting to get chocolate for someone special going to be spending a little more than last year. chocolate has become more expensive because the price of...
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Feb 19, 2015
02/15
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earnings beats from t-mobile marriott priceline. those stocks moving higher. first, let's get to carl. he's in arkansas. he's got more on today's news from walmart. carl? >> yeah interesting, david. the quarter looked pretty good 1.61 beats 1.54 estimate. u.s. comps up 1.5, better than expected. recall that back in the third quarter of last year was the first time u.s. comps went positive in about seven quarters. talk to doug mcmillon about that later. the big news is this news on wages, giving 500,000 workers a pay raise, starting minimum wage to $9 an hour in april. as of next february current employees graduate to ten. and if you're a new hire, you start at 9, at six months of training you go to 10 but that's 1.75 at least above the current minimum federal minimum wage. all done looking how to retain employees, improve the shopping experience. doug mcmillon posted a video to employees. take a listen to this. >> we're making changes to our pay, strengthening the opportunity to progress within the company, and offering more choice in scheduling. one of the mo
earnings beats from t-mobile marriott priceline. those stocks moving higher. first, let's get to carl. he's in arkansas. he's got more on today's news from walmart. carl? >> yeah interesting, david. the quarter looked pretty good 1.61 beats 1.54 estimate. u.s. comps up 1.5, better than expected. recall that back in the third quarter of last year was the first time u.s. comps went positive in about seven quarters. talk to doug mcmillon about that later. the big news is this news on wages,...
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Feb 15, 2015
02/15
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FBC
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priceline, booking.com and kayak. that's what they own.priceline right now. right? >> yeah, in the united states that's definitely true. and also orbitz recently had e-bookers in europe. you had trip advisors that was spun out of expedia. you're talking about a huge number of some of the largest websites out there. you have cheap zero air out there. (?) so, yeah but you basically -- here's the problem, they are all brands of each other. some of them market to different segments. some of them market to different players. and you have basically one master company owning all that. it's the same thing that we had just gone through with airlines. now down to four airlines that control 80% of the traffic in the united states. this is a huge experiment. the funny thing, gerri orbitz was created to kill expedia. it was established in the late '90s and at the turn of the century because expedia was owning all the airline customers. they all put in money to kill expedia. it was labeled t2. the expedia terminator when it was originally done. >> is th
priceline, booking.com and kayak. that's what they own.priceline right now. right? >> yeah, in the united states that's definitely true. and also orbitz recently had e-bookers in europe. you had trip advisors that was spun out of expedia. you're talking about a huge number of some of the largest websites out there. you have cheap zero air out there. (?) so, yeah but you basically -- here's the problem, they are all brands of each other. some of them market to different segments. some of...
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Feb 19, 2015
02/15
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CNBC
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hang on to priceline here. >> all right.ile beat top and bottom, twice with the guys earlier with cramer. a great interview. >> he's great. >> awesome. >> picked up two million subscribers. that's important. there's a cost to doing that, but the ceo said that leads to more profit. that's the bet made. >> moments away from the keynote address at yahoo!'s first ever developers conference. traders weigh in on what they want to hear at that very event. you're watching live. we're back after this. take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term
hang on to priceline here. >> all right.ile beat top and bottom, twice with the guys earlier with cramer. a great interview. >> he's great. >> awesome. >> picked up two million subscribers. that's important. there's a cost to doing that, but the ceo said that leads to more profit. that's the bet made. >> moments away from the keynote address at yahoo!'s first ever developers conference. traders weigh in on what they want to hear at that very event. you're watching...
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Feb 10, 2015
02/15
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BLOOMBERG
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we went to priceline, kayak, opentable. they are using patents from the 1990's.t having a conversation with us, using our patents we want to be paid. >> do they have a case? >> the supreme court has laid at some rulings down that make it difficult to win on these patents for software. they will have to take a good look at it and see if these are a broad sweeping statement from ibm. >> i envy you. covering these patent suits must be riveting. >> public filings are amazing. >> number six, pension plans cutting into companies bottom lines as people live longer. many copies are paying insurers to take over their plans. this is a problem that is a long time coming. >> what is this stock video? stock video of older people, i guess. >> this idea of death derivatives -- there are too many pension plans, too much volume out there. the financial community might come in and say, hey we will invest in some sort of derivative and you can trade on it. >> better than the alternative, right? >> death? >> living shorter. >> right. >> i wouldn't say that. >> in record high as prof
we went to priceline, kayak, opentable. they are using patents from the 1990's.t having a conversation with us, using our patents we want to be paid. >> do they have a case? >> the supreme court has laid at some rulings down that make it difficult to win on these patents for software. they will have to take a good look at it and see if these are a broad sweeping statement from ibm. >> i envy you. covering these patent suits must be riveting. >> public filings are...
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Feb 25, 2015
02/15
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FBC
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or one share of priceline. that would be up -- actually one share of priceline.ld be up 1200 bucks. that's what you would have in your pocket. or two shares of chipotle. two shares, 250 bucks, you would be sitting on 115-dollar gain. that's what matters. two shares would make you so much more money. (?) you have to stop limiting yourself to these higher risk stocks because you think they're cheap or because you don't have a lot of money. that's a crazy, crucial mistake. i'm so happy william sent that in. a lot of people make that mistake. i saw today on twitter, i get like 70 different feeds. i'm not sure who did it. last year people who only bought penny stocks lost money. a lot of money. there's some penny stocks i take a shot at from time to time. people buy them because they think they can get a lot of shares. it's a classic mistake. >> it's a classic mistake. i've heard this my entire career. a lot of people will say, i can buy so much of this. i can buy a million shares of this stock. we had this conversation a couple of days ago. the point is, usually when
or one share of priceline. that would be up -- actually one share of priceline.ld be up 1200 bucks. that's what you would have in your pocket. or two shares of chipotle. two shares, 250 bucks, you would be sitting on 115-dollar gain. that's what matters. two shares would make you so much more money. (?) you have to stop limiting yourself to these higher risk stocks because you think they're cheap or because you don't have a lot of money. that's a crazy, crucial mistake. i'm so happy william...
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Feb 13, 2015
02/15
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CNBC
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we hear good things in priceline too. if they put out a release after the close of the market that says they are cautious and gives an out look in the release that freaks people out. that is when you want to buy would some. they almost always take the door out look back. be a wear of the gap down and then the chance. autozone does the same thing. walmart, the largest retailer on earth reports and it's naturally going to do better. i like the new management at walmart. i think they are good. i am more interested in hearing the commentary about the consumer, because the new guy is being very cautious in trying to get the place right for the longer term. if you want to buy a retailer, nordstrom reports on thursday and i think it will be excellent. finally on friday we get to take the temperature of not one, but two industries. i think deere will throw cold water on it but the stock will be bought anyway why? because the market is giving you the feel that anything with heavy equipment including caterpillar and united rentals
we hear good things in priceline too. if they put out a release after the close of the market that says they are cautious and gives an out look in the release that freaks people out. that is when you want to buy would some. they almost always take the door out look back. be a wear of the gap down and then the chance. autozone does the same thing. walmart, the largest retailer on earth reports and it's naturally going to do better. i like the new management at walmart. i think they are good. i...
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Feb 20, 2015
02/15
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BLOOMBERG
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one of the biggest reasons priceline rose 8% after reporting strong growth in bookings. walmart was one of the big losers on the dow. they said -- set a pay hike for all u.s. employees. it might help employees, but it hurts their profits. there is a goal to retake the iraqi city of mosul. 20,000-25,000 troops will be needed. u.s. advisers will be training the iraqi brigade. the cleveland browns general manager has apologized for texting at least one browns coach during the game. that's a violation of nfl rules about game communications. cleveland could even be docked a draft pick. intuit reports sales gains in the second quarter, but a wider loss of $66 million. meanwhile intuit says its sales of turbotax online is a 19% so far this tax season. desktop sales fell 7% after a price hike. now to the lead. it is apple versus a123 systems. they sued apple, claiming they illegally poached information. the case has been moved to a federal court in boston this week. how serious are the allegations? tim has all the details from the newsroom. this is really interesting area first,
one of the biggest reasons priceline rose 8% after reporting strong growth in bookings. walmart was one of the big losers on the dow. they said -- set a pay hike for all u.s. employees. it might help employees, but it hurts their profits. there is a goal to retake the iraqi city of mosul. 20,000-25,000 troops will be needed. u.s. advisers will be training the iraqi brigade. the cleveland browns general manager has apologized for texting at least one browns coach during the game. that's a...
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Feb 12, 2015
02/15
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CNBC
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because effectively its core business was in decline withouts the market power of an expedia or priceline we've got one of the broadest global inventories out there and we think that the complement of that inventory to the orbitz loyalty program, the bank program orbitz has, will be a terrific combination. barney earned at expedia and he was a able to take those skills to orbitz and i think that team has done a lot with the smaller scale that they had, and we think that adding their capabilities is going to be just dynamite and we're pretty excited. >> there's been so much consolidation in the on-line travel agency arena and with two big players merging in expedia and priceline. dara khosrowshahi may claim 15 or 17 major brands depending on how you count them. he rejects the idea there's a lack of competition or the regulator should get involved. >> i think that to the way that we see the business, there are many more than two players. every single supplier out there has a very strong supplier direct operations, millions of people are going directly to american airlines or going to hilton
because effectively its core business was in decline withouts the market power of an expedia or priceline we've got one of the broadest global inventories out there and we think that the complement of that inventory to the orbitz loyalty program, the bank program orbitz has, will be a terrific combination. barney earned at expedia and he was a able to take those skills to orbitz and i think that team has done a lot with the smaller scale that they had, and we think that adding their...
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Feb 13, 2015
02/15
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CNBC
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they've at least reduced their stake in american airlines group as well as priceline. they have completely dissolved, gotten out of their positions in facebook as well as alibaba. also cvs and citigroup as well. and they've gotten out of their halliburton stake completely. and we'll end on green light capital, david einhorn. they've reduced their position in etna by more than half. they've also reduced their position in apple by about half a million shares. they've taken a new position in time warner. a lot of these coming through here, the first few appaloosa, green light. we'll bring more details but for right now big money managers disclosing. >> thanks, dom. grasso, what stands out to you here? >> darko getting out of that position and into phillips. you look at the refining market, there are 30% across the board these refiners. and there's not -- i can't give you a good reason to sell them right now other than they're up 35%. but he's moving out of the company and getting into refiners. i think that's the place to be when you look at the energy sect per. >> philli
they've at least reduced their stake in american airlines group as well as priceline. they have completely dissolved, gotten out of their positions in facebook as well as alibaba. also cvs and citigroup as well. and they've gotten out of their halliburton stake completely. and we'll end on green light capital, david einhorn. they've reduced their position in etna by more than half. they've also reduced their position in apple by about half a million shares. they've taken a new position in time...
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Feb 19, 2015
02/15
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BLOOMBERG
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priceline shares have been do well. six flags, now only of 7/10 of 1%.that said guests spending was up 3% in attendance was up 15%. i want to look at a couple of down movers. eog. this is been a big producer and the stock is down 8%. the company is planning to halt output growth this year. now, it is not going to grow production at all. it will drill half the wells that it did in 2014. significant development as we see the falling price of oil. also looking at solar city. the company had lost as it increased investment in new power systems and its first panel factory. betty: walmart i know you have been following it all morning. that is also in the red. >> wal-mart's holiday quarter looked pretty strong. numbers beat what analysts had been projecting. the comparable sales at u.s. stores, coming in what -- coming in double what analysts estimated. the company says the comps will rise. the company's forecast for the full year is below what analysts had been anticipating. i was talking to carol schumacher, the head of it investor relations. doug mcmillon, t
priceline shares have been do well. six flags, now only of 7/10 of 1%.that said guests spending was up 3% in attendance was up 15%. i want to look at a couple of down movers. eog. this is been a big producer and the stock is down 8%. the company is planning to halt output growth this year. now, it is not going to grow production at all. it will drill half the wells that it did in 2014. significant development as we see the falling price of oil. also looking at solar city. the company had lost...
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Feb 16, 2015
02/15
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KNTV
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earnings keep coming, including walmart, priceline, marriott, and john deere. monday all the markets are closed for the holiday. tuesday marks 43 years since lincoln left for his historic trip to china in 1972. wednesday we get housing starts for january. also wednesday the federal reserve will release minutes from its last meeting. that is alms a closely watched event. and pitchers and catchers report for spring training. that means the nice weather can't be all that far behind. peter ueberroth has had all kinds of triumphs. and now he's co-owner and chairman of the bebl beach company. i asked how he's protecting the of this golf course. >> when i had a chance to buy this great property, 5,000 akch acres who has cared for it very well. and it was a dream for me. and put together a group of people. and we're not going to ever sell it. and it is going to be number one golf course that anybody can play. not a private course but public course. number one basically in the world. >> i look around when i walk it. and you see the bob hope pictures. bing crosbiy and th
earnings keep coming, including walmart, priceline, marriott, and john deere. monday all the markets are closed for the holiday. tuesday marks 43 years since lincoln left for his historic trip to china in 1972. wednesday we get housing starts for january. also wednesday the federal reserve will release minutes from its last meeting. that is alms a closely watched event. and pitchers and catchers report for spring training. that means the nice weather can't be all that far behind. peter...
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Feb 20, 2015
02/15
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KQED
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still, priceline popped about 8.5% to look 1218 at $5 a share. more than 2 million subscribers in the quarter. the chief explained how he wants to continue to invest in new subscribers. >> i was accused in the second half of last year. of thinking more about customers than shareholders. which, by the way, you can judge from the. we gave huge guidance. it's revolution. one by one taking all the things that everybody hates about wire les wireless and eliminating them structurely forever. >> up to $31.85. it was a mixed quarter for hormel. my favorite corn beef hashed raised the outlooks. and continued demand for turkey. shares up more than 2% today to 57.65. the government is suing to block the merger between cisco and u.s. foods. the two largest distributors say the proposed $3.5 billion merger would hurt in distribution and raise prices. shares of cisco off 3% to $35.56. >>> yahoo wants to show it can make mobile work. that's what meyer was trying to prove at the first ever mobile developer's conference today. investors seemed pleased sending up
still, priceline popped about 8.5% to look 1218 at $5 a share. more than 2 million subscribers in the quarter. the chief explained how he wants to continue to invest in new subscribers. >> i was accused in the second half of last year. of thinking more about customers than shareholders. which, by the way, you can judge from the. we gave huge guidance. it's revolution. one by one taking all the things that everybody hates about wire les wireless and eliminating them structurely forever....
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Feb 13, 2015
02/15
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WJLA
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the other major player in on-line booking is the priceline group.priceline are challenged by google as well as the airlines and hotels themselves. >>> tax time has arrived. there's a new warning for those getting an early start on filing. >> thieves are using your social security number for fraudulent returns using popular software with. gio benitez has a warning for you. >> reporter: turbo tax, the do it yourself tax software and website used pi 29 million americans last year now targeted by scammers. filing thousands of fake returns with other people's info to steal their refund. >> these scams can be common around tax season. because it's a loot of money out there that scammers can get. >> reporter: the fbi is launching an investigation in to how they got social security numbers to file bogus state returns including through turbo tax which temporarily suspended state filings last week after discovering the problem. but parent company intuit warning with of fishing scams. >> they can prepare a false tax return and designate where it is sent and it
the other major player in on-line booking is the priceline group.priceline are challenged by google as well as the airlines and hotels themselves. >>> tax time has arrived. there's a new warning for those getting an early start on filing. >> thieves are using your social security number for fraudulent returns using popular software with. gio benitez has a warning for you. >> reporter: turbo tax, the do it yourself tax software and website used pi 29 million americans last...
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Feb 6, 2015
02/15
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CNBC
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. >> priceline down 2%. >> yeah, in sympathy with expedia, got to watch this one, though. $1,000, that'sght there, if we break below that, be very careful. >> buffalo wild wings up 7%. >> you have a place where the entire space has been rallying. the question to me, does this want the valuation it has? i'd rather be in the value, mcdonald's, places i'd rather be. >> remember we went for buffalo wild wings? >> tim kept sending drinks back. too salty, too sweet. >> not a great margarita. >> didn't invite me and you're saying it out loud. >> our next semi. up 5%. >> this is the forefront of the new credit card technology. i would still be -- a lot of room to run. >> a new tindr style app called high there, to connect marijuana users with potential mates. to discern whether a person smokes wax hash with a vaporizer or regular marijuana in a cigarette. users can network and -- >> just kidding. >> i love the oldtime noise back there. i don't know what it is back there. i sense i get the throwback noise. >> i'm getting on this -- >> what? >> i'm going to bust them all. >> it's legal now. >> it'
. >> priceline down 2%. >> yeah, in sympathy with expedia, got to watch this one, though. $1,000, that'sght there, if we break below that, be very careful. >> buffalo wild wings up 7%. >> you have a place where the entire space has been rallying. the question to me, does this want the valuation it has? i'd rather be in the value, mcdonald's, places i'd rather be. >> remember we went for buffalo wild wings? >> tim kept sending drinks back. too salty, too...
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Feb 27, 2015
02/15
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BLOOMBERG
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priceline has named a new ceo of priceline.com. chris soderbergh comes chairman.dditions to the portfolio including the purchase of the restaurant renovation service opentable. french media conglomerate is planning to return 6.4 billion dollars to shareholders through dividends and buybacks. the company has unloaded $30 billion in assets, including two wireless carriers. they profit nearly quadruple -- the profit nearly quadrupled in the fourth corner. that fourth quarter. this comes a week after apologizing -- including adware on laptop -- adware on laptops. they will offer effective losers a free six month subscription to antivirus services. and the u.s. loses oil rates for the 12th consecutive week. rates fell by 43 last week in their lowest level since 2011. heading for their second straight week of losses. happy house of cards friday. pop some popcorn the season three is out tomorrow. the hit drama that has attracted a lot of attention and gave us the notion of binge watching how do you end up watching this thing? what does it mean for bottom line -- for netf
priceline has named a new ceo of priceline.com. chris soderbergh comes chairman.dditions to the portfolio including the purchase of the restaurant renovation service opentable. french media conglomerate is planning to return 6.4 billion dollars to shareholders through dividends and buybacks. the company has unloaded $30 billion in assets, including two wireless carriers. they profit nearly quadruple -- the profit nearly quadrupled in the fourth corner. that fourth quarter. this comes a week...
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Feb 11, 2015
02/15
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BLOOMBERG
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we have a price comparison feature that lets you see the best prices from expedia or priceline, so youre getting the best deal. we get paid each time you do that. if you are looking for a restaurant, we've integrated opentable stop -- opentable. >> interesting app. the bwest byte -- one number that tells us a whole lot. jordan robinson joins me from d.c. >> we've got the number 90. to that's -- that's the number of days google has even to patch problems. microsoft missed and found their results posted on the corporate log in the companies are at each others throats about patching security holes for the government can find them. next what are they, tattletale? what is google's role? i caught you and your company stinks with your cyber security. why is google doing this with mark >> there is a serious issue underlying this which is google has wrapped up -- has ramped up its search in light of the nsa disclosures and google is saying even companies like microsoft that have established policies, you are not moving fast enough. you've got to move faster and 90 days is a good amount of time.
we have a price comparison feature that lets you see the best prices from expedia or priceline, so youre getting the best deal. we get paid each time you do that. if you are looking for a restaurant, we've integrated opentable stop -- opentable. >> interesting app. the bwest byte -- one number that tells us a whole lot. jordan robinson joins me from d.c. >> we've got the number 90. to that's -- that's the number of days google has even to patch problems. microsoft missed and found...
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Feb 14, 2015
02/15
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BLOOMBERG
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it required expedia and priceline both to pivot well.all their apps worked well, seamlessly on all -- >> there've been some antitrust issues with google. how big a threat is google? >> google is the biggest player in travel and i think it's always going to be the biggest player in travel. i don't know that you use them so much and you may have figured out how to get around them. but if you want to succeed, you have to pay the piper and the piper here is google. so they'll stay at the top maybe along with trip adviser and nice economics on that. they tried for years and made halfhearted efforts. >> mark mahaney and sam shank. google created a new high-end robot called spot. what the robot dog means for the world of big data. that is next on bloomberg west. ♪ >> welcome back to the best of bloomberg west. i'm corey johnson. is uber worried about google rolling out a service with driverless cars? benchmark capital's bill gurly spoke to us at the conference where he had some tough words for google and it's so called moonshot project. >> a lo
it required expedia and priceline both to pivot well.all their apps worked well, seamlessly on all -- >> there've been some antitrust issues with google. how big a threat is google? >> google is the biggest player in travel and i think it's always going to be the biggest player in travel. i don't know that you use them so much and you may have figured out how to get around them. but if you want to succeed, you have to pay the piper and the piper here is google. so they'll stay at...
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Feb 19, 2015
02/15
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BLOOMBERG
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priceline shares having their best day in two years after the online travel company said fourth-quarter bookings were up 17% from last year. a strong performance internationally. they now get 17% of the revenue outside the u.s.. the ceo says the company will focus on getting international growth out of opentable, the restaurant reservation service it. last year. interest looking to join a elite club -- an elite club of startups. pinterest is seeking $500 million in funding, creating a valuation of $11 billion double what the company was valued at in may. the scrapbook website has just started to try to monetize its that form, working on a buy button and voted -- promoted pins as well. right now, it's apple versus a one to three systems, the company suing apple saying they poached some of their top engineers as apple is working on building an electric car. a one to three accuses employees of violating nondisclosure agreements bayside. the case was filed in the massachusetts state court, but has been moved to a federal court in boston this week. how serious are these allegations? this is
priceline shares having their best day in two years after the online travel company said fourth-quarter bookings were up 17% from last year. a strong performance internationally. they now get 17% of the revenue outside the u.s.. the ceo says the company will focus on getting international growth out of opentable, the restaurant reservation service it. last year. interest looking to join a elite club -- an elite club of startups. pinterest is seeking $500 million in funding, creating a valuation...
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Feb 27, 2015
02/15
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BLOOMBERG
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priceline group has named a new ceo of priceline.com.nline travel booking service's current ceo becomes chairman. he has been -- the new ceo has been the marketing officer of booking.com and a big driver of growth. last year they purchase the restaurant reservation service opentable. french media conglomerate vivendi is planning to return 61 $4 billion to shareholders. the company -- $61.4 billion to shareholders. the parent of universal music group's stock nearly quadrupled in the fourth quarter. they will no longer preinstall advertising software on pc's and apologized for including adware on consumer laptops that forced users to hack it. lenovo said it has worked with partners to eliminate the adware and will offer users a free six month's instruction to mcafee antivirus services. the u.s. loses oil rigs for the 12th consecutive week. baker hughes said u.s. rigs fell by 43 last week, at their lowest level since june, 2011. crude prices headed for a second straight week of losses. it is friday. pop some popcorn. let the binging began.
priceline group has named a new ceo of priceline.com.nline travel booking service's current ceo becomes chairman. he has been -- the new ceo has been the marketing officer of booking.com and a big driver of growth. last year they purchase the restaurant reservation service opentable. french media conglomerate vivendi is planning to return 61 $4 billion to shareholders. the company -- $61.4 billion to shareholders. the parent of universal music group's stock nearly quadrupled in the fourth...
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Feb 27, 2015
02/15
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FBC
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they know they never made money and worked for a company like facebook, twitter, or priceline.same time they've never seen or experienced the hardship of a vietnam or a world war ii. charles: we're victims of our own success. america became more and more successful to the point maybe we've hit a tipping point. >> i think it's a sense of entitlement. the youngest generations are coming out of school. they're strapped with 30, 40,000 debts. they want a positive return on their investments. they want a middle management position right out of college. that's not how it works. going back to your point, matt. 97% wanting to own a home. first time home buyers are at a multi decade low. even though they want to make that purchase -- matt: we're talking about the future. a lot of these millennials -- >> they're not at the age? matt: they're buying homes at a much later age. >> i don't care what age. i don't care what you call them. the greatness of this country is everybody has the opportunity to do better for themselves and basically want to do better for themselves. and that comes fro
they know they never made money and worked for a company like facebook, twitter, or priceline.same time they've never seen or experienced the hardship of a vietnam or a world war ii. charles: we're victims of our own success. america became more and more successful to the point maybe we've hit a tipping point. >> i think it's a sense of entitlement. the youngest generations are coming out of school. they're strapped with 30, 40,000 debts. they want a positive return on their investments....
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Feb 12, 2015
02/15
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CNBC
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expedia and priceline are left. trip adviser is separate asset.the online travel. >> no regulatory issues whatsoever? >> there may be. but orbitz is a very small player in the space and frankly it's been a deteriorating asset. the share in thest and international has been declining for three or four years. this was actually kind of the life vest that orbitz shareholders have been holding on to for years. they got it now. they should be thrilled. >> when they buy them when's going on here? buying customers or integrate the back offices or the platforms so that you get synergies there? where do you make the money? >> i think the synergies are almost probably solely on the cost side. get rid of company costs for orbitz. you can probably better integrate some of the marketing systems, maybe some back end technology integration. they'll create multiple brands and execution risk here for expedia. this company now running 15 global brands. that's a lot and had execution errors in the past and the stock relatively rocky for three years. a great performing
expedia and priceline are left. trip adviser is separate asset.the online travel. >> no regulatory issues whatsoever? >> there may be. but orbitz is a very small player in the space and frankly it's been a deteriorating asset. the share in thest and international has been declining for three or four years. this was actually kind of the life vest that orbitz shareholders have been holding on to for years. they got it now. they should be thrilled. >> when they buy them when's...
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Feb 25, 2015
02/15
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BLOOMBERG
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oil's priceline over the last month in some ways is reminiscent of the 1980's, when the industry saw bankruptcies and defaults and consolidation could alix steel sat down with jack gerard ceo of the american petroleum institute. alix: he is so good at answering these questions. he has kind of blood the fifth. my point is that the sector has borrowed $8 billion in on some loans. the high energy companies are ok for now but in 2018, 2019, debt maturities are going to be significant, and barclays is looking at a 4.5% default rate at $60 oil. i asked jack if we will see the same kinds of accuracies and layoffs and pain that was in the 1980's. jack: difficult to predict that. it is a question of how long we stay at the current price. those are all factors we can't predict. alix: what if it does remain here? jack: you will see much of what we have seen now, that they will move to be more efficient and cut costs, and it they choose time to make other plays for consolidate other activities, it is difficult or us to predict where the industry might end up. alix: when you talk to your producer
oil's priceline over the last month in some ways is reminiscent of the 1980's, when the industry saw bankruptcies and defaults and consolidation could alix steel sat down with jack gerard ceo of the american petroleum institute. alix: he is so good at answering these questions. he has kind of blood the fifth. my point is that the sector has borrowed $8 billion in on some loans. the high energy companies are ok for now but in 2018, 2019, debt maturities are going to be significant, and barclays...
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Feb 12, 2015
02/15
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FBC
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priceline moved on the big deal. expedia and orbitz. $1.2 million deal. the whole thing jumped.hey expect more consolidation in the industry. last, but not alast, but not le, american express comes under pressure as it terminates its deal with costco. great day overall. charles: golly, so confident. here to help the investment pros. paul diedrich. ceo chief investment officer. ceo and chief investment officer came back on a good day, paul. we have a new guy who we've been trying to get for a long time. matt vetto. hilary kramer. of a&g capital. hitha herzog is with us. retail sales are out. we'll need help to go through those. and matt mccaul founder and president of penn financials group. huge, huge day. got me tongue-tied. let's dig into the first real, real deal. the market got a lift from geopolitical news. it wasn't the greece news we were looking for. it wasn't greece who came to the consensus. maybe vladimir putin now, whether you believe this whole orchestrated cease-fire will hold or not, i think it was a pleasant valentine's day gift to humanity. for a moment, it looke
priceline moved on the big deal. expedia and orbitz. $1.2 million deal. the whole thing jumped.hey expect more consolidation in the industry. last, but not alast, but not le, american express comes under pressure as it terminates its deal with costco. great day overall. charles: golly, so confident. here to help the investment pros. paul diedrich. ceo chief investment officer. ceo and chief investment officer came back on a good day, paul. we have a new guy who we've been trying to get for a...
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Feb 12, 2015
02/15
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WRC
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two big players in the online marketplace, expedia and priceline. the deal appears to be going through. orbitz shareholders still need sow to sign off on it. >>> and a new policy let's you designate a friend or family member on facebook to be your executor and manage your account when you're dead. all you have to do choose a legacy contact nap contact can respond to new friend requests update the cover and profile photos and archive your facebook posts and photos. until now when facebook verified a death, it memorialized the account, meaning it could be viewed but not edited. >>> a montana representative wants to make wearing yoga pants a crime. state representative david moore just introduced a bill that would tighten mont's indecent exposure law. banning any tight-fitting clothing like yoga pants. they could be sentenced five years in jail and have to pay a $5,000 fine. >>> this just in. a new plan to help the homeless in the district. the new mayor's goal for the year 2025. >>> plus amelia warns you about the cold weather. coming up why she says
two big players in the online marketplace, expedia and priceline. the deal appears to be going through. orbitz shareholders still need sow to sign off on it. >>> and a new policy let's you designate a friend or family member on facebook to be your executor and manage your account when you're dead. all you have to do choose a legacy contact nap contact can respond to new friend requests update the cover and profile photos and archive your facebook posts and photos. until now when...