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This is in line with analysts’ estimates of $1.65 billion. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Post opening the session at $105.51, the shares hit an intraday low of $104 and an...

Expedia Inc (NASDAQ:EXPE)’s stock has now jumped by more than 38% year-to-date. This represents a $0.96 dividend on an annualized basis and a yield of 0.89%. Morgan Stanley reaffirmed an “equal weight” rating and set a $100.00 price target on shares of Expedia...