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01 Apr, 2020
Expedia Shares Plunge after Fourth Quarter Earning Misses Estimates
Expedia Inc. (NASDAQ: EXPE) on Thursday reported fourth quarter earnings that missed analysts’ estimates, sending its stock down over 15 percent.The online travel services company said revenue rose to $2.32 billion in the quarter ended Decembe..
Lufthansa Buys Stake in Air Berlin
On Thursday, Lufthansa signed a $249 million deal to buy parts of Air Berlin to use their assets and quickly expand their Eurowings budget business. Following this announcement, shares of Lufthansa jumped more than 3% marking their highest level in ..
Bombardier Looks into Asian Markets
Bombardier Inc. is looking into fast growing markets such as India to boost sales of their Cseries and Q400 narrow body planes after facing a trade row over sales to the U.S. and a tremendous competition with rival Boeing Co (NYSE: BA) India is one ..
Good Period Ahead For Airlines
The market seems to be upbeat about the airlines segment and this is showing in the stock prices of major players in this sector. All the four top airlines have recorded some heartening improvements in stock prices in the recent times. The benefits ..
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