larger-dividend Archives

Expedia beats Wall Street view, shares rise

July 30, 2015 publisher 449-6-million, expedia, general-motors, larger-dividend, media, mobile-phone, name-as-well, thomson-reuters

(Reuters) – Expedia Inc on Thursday posted a second-quarter profit above analysts' expectations and announced a larger dividend as travel bookings grow, sending its shares up more than 7 percent in after-market trade. Expedia, which became the world's largest online travel services company by bookings in the first quarter, earned $449.6 million in the second quarter. On an adjusted basis, it earned $118.6 million, or 89 cents per share, compared to analysts' average estimate of 84 cents per share, according to Thomson Reuters I/B/E/S

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NBCUniversal close to investing in BuzzFeed: source

July 30, 2015 publisher 449-6-million, employees-work, expedia, general-motors, larger-dividend, media, television-unit, thomson-reuters

Comcast Corp's NBCUniversal film and television unit is close to making an investment in online publisher BuzzFeed and is in talks to raise its stake in Vox Media, a person with knowledge of both sets of discussions said on Thursday.