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Bottom line at Expedia shows surprising strength
Bottom line at Expedia shows surprising strength
Business Brokerage Here are recent brokerage-house and investment-advisory opinions affecting Pacific Northwest stocks. Many analysts' firms do business with the companies on which they comment. The Seattle Times neither advises against nor recommends purchase of these stocks. Stock symbols and stock quotations are listed in parentheses, the latter reflecting prices when reports were issued. Ratings definitions vary, but most companies have five rankings, which are, from highest to lowest: * Strong buy, buy or highest. * Buy/accumulate, accumulate, mild buy, outperform, attractive or above average. * Neutral, hold, reasonably priced, average or market performer. * Mild sell, unattractive, below average or underperform. * Sell, lowest.
UK Chancellor Brown's budget contained some surprises in the detail but the bottom line was neutral, as the headline grabbing measures were all offsetting.
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Online Brokerage Expedia delivered a strong quarter last week, prompting Pacific Crest Securities' Steve Weinstein to cut expected losses for the online travel company and raise his rating on the stock to "strong buy" from "buy."
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Real Estate Broker The analyst said the Bellevue company's loss of 4 cents a share was a blowout compared with his estimated loss of 22 cents. Expedia remains majority-owned by Microsoft.
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