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Morning Market Snapshot: July 12, 2011
From:
Voxant Newsroom
on
Tue, Jul 12 2011 9:57 PM
Good Morning. It’s Tuesday, July 12, 2011. At this hour, U.S. equity futures are lower. Overseas, the Asian markets fell , while the European markets are down. NCR Corp. (NYSE:NCR) and Radiant Systems (NASDAQ:RADS) announced a definitive agreement for NCR to acquire Radiant Systems through a cas...
Orbitz Worldwide Said AMR Corp Filed A Lawsuit Against The C
From:
Voxant Newsroom
on
Wed, Apr 13 2011 9:53 PM
Orbitz Worldwide (NYSE:OWW) said that American Airlines parent AMR Corp. (NYSE:AMR) filed a lawsuit against the company and Travelport in regards to fees and how the carrier’s fare information and services would be displayed to customers.Orbitz said, "American Airlines' baseless claims agai...
Orbitz, American Airlines Dispute Heats Up
From:
Voxant Newsroom
on
Wed, Apr 13 2011 9:53 PM
Travel website Orbitz (OWW) is firing back against American Airlines today, calling a suit filed by the airline yesterday against Orbitz and its major stakeholder Travelport baseless. Orbitz said the suit is part of Americans tactics to force it to adopt an airline ticket distribution model that...
UBS Lowered Its PT For Orbitz Worldwide, Maintained Its Neut
From:
Voxant Newsroom
on
Fri, Feb 18 2011 4:44 AM
UBS lowered its price target for Orbitz Worldwide (NYSE:OWW) to $4.50 from $6.00 and maintained its neutral rating.Orbitz Worldwide has a potential upside of 65.4% based on a current price of $3.59 and an average consensus analyst price target of $5.94.Orbitz Worldwide is currently below its 50-d...
American Airlines Feuding With Web Agencies
From:
Voxant Newsroom
on
Wed, Jan 05 2011 4:58 PM
Over the last two weeks, American Airlines (AMR) has pulled its flights from two of the largest online travel agency sites, Expedia (EXPE), and Orbitz (OWW), after disputes over the fees it must pay to list its flights with the agencies. Consequently, American has turned its focus to its newly d...
American Airlines Pulls Flights From Orbitz
From:
Voxant Newsroom
on
Thu, Dec 23 2010 4:44 PM
American Airlines will no longer sell its flights on travel website Orbitz (OWW). The move came after a judge in Illinois lifted a restraining order that prevented American from pulling its flights from the site.
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