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Ctrip.com International (CTRP), a leading Chinese travel site, reported better-than-expected fourth-quarter results late Thursday and predicted its best revenue growth in years, sending its stock higher in after-hours trading. Ctrip reported an adjusted loss of 26 cents a share — or an 11-cent loss excluding stock compensation. Either way, it topped Wall Street forecasts of a 28-cent loss. Revenue rose 30% to $308.4 million. In local currency, Scalper1 News
Scalper1 News