Priceline (PCLN) Tuesday highlighted its global identity with a formal corporate name change. The company announced that, effective immediately, it’s changed its name to The Priceline Group from Priceline.com. Priceline says the name switch is intended to create a clear distinction between the global Priceline Group business, and Priceline Group’s North American travel brand Priceline.com. The group is made up of five primary brands: hotel
Priceline (PCLN) stock hit another all-time high Friday after the fast-growing online travel provider late Thursday blew past Q4 earnings estimates. The online travel leader’s Q1 guidance fell short of Wall Street expectations, but Priceline is known for conservative guidance — and big beats. Priceline stock was up 3% in midday trading in the stock market today, near 1,322. Priceline stock touched a record high for the fifth time in the past seven
Priceline (PCLN), slated to report fourth-quarter earnings after the market close Thursday, is expected to maintain double-digit revenue growth, after its online travel rivals reported generally positive Q4 results. The analyst consensus estimate looks for Priceline to report revenue of $1.5 billion, up 26% from the year-earlier quarter. The consensus estimate of analysts polled by Thomson Reuters is for earnings per share minus items of $8.29, up