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Expedia Group (NASDAQ:EXPE) missed analysts' expectations for revenue and earnings per share, but plans to cut costs by $300-$500 million and achieve double-digit EBITDA growth. Despite challenges, including the impact of the coronavirus, the company's stock rose 10% in after-hours trading. Expedia plans to streamline operations and reduce reliance on Google, focusing on direct business and mobile. The company faces internal restructuring and external competition.

Portfolio Pulse from IAM Newswire

February 19, 2020 | 3:02 pm

RCL

Royal Caribbean Cruises announced that none of its guests have tested positive for the coronavirus, which is a positive development for the company amidst ongoing health concerns in the travel industry.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2020 | 6:28 pm

LLY

The FDA has approved Eli Lilly's new drug, Trijardy, which is expected to enhance the company's product portfolio and potentially boost its revenues. This approval marks a significant milestone for Eli Lilly, as it expands its offerings in the pharmaceutical market.

Portfolio Pulse from Benzinga Newsdesk

January 27, 2020 | 10:45 pm

SPCE

Virgin Galactic shares experienced a significant drop in value, indicating potential concerns or negative sentiment among investors.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2020 | 6:43 pm

AN

Edward Lampert has reduced his stake in AutoNation from 14.9% to 13.6%, indicating a potential shift in his investment strategy or confidence in the company.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2020 | 1:52 pm

AMZN

SHOP

Shopify is being highlighted in a Vox article as a potential competitor to Amazon, causing traders to watch its shares closely.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2020 | 5:05 pm

USO

The article reports a crude oil inventory build of 1.57 million barrels, which could impact oil prices and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2020 | 9:36 pm

FRA.DE

In 2019, major European airports experienced a decline in cargo volumes due to economic slowdown, U.S.-China trade tensions, and local issues. Frankfurt, Amsterdam, and London Heathrow reported significant drops, while Liege Airport in Belgium saw a slight increase.

Portfolio Pulse from FreightWaves

January 21, 2020 | 3:01 pm

INSG

Inseego has announced an exchange of $12.5 million in outstanding notes for approximately 2.89 million shares of common stock, as per their earlier 8-K filing.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2020 | 12:58 pm