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Expedia Group Inc (EXPE.OQ)

EXPE.OQ on NASDAQ Stock Exchange Global Select Market

91.29USD
21 Sep 2020
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$0.00 (-0.00%)
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Latest Key Developments (Source: Significant Developments)

Expedia Group - YoY Declines In Gross Bookings For Expedia Group Lodging Business, Excluding Cancellations, Moderated To 45% In June
Monday, 6 Jul 2020 

July 6 (Reuters) - Expedia Group Inc ::EXPEDIA GROUP - YOY DECLINES IN GROSS BOOKINGS FOR EXPEDIA GROUP LODGING BUSINESS, EXCLUDING CANCELLATIONS, MODERATED TO ABOUT 45% IN JUNE.EXPEDIA GROUP - CANCELLATION RATES MODERATED AND HAVE REMAINED STABLE THROUGH JUNE.EXPEDIA GROUP INC - CANCELLATION RATES REMAIN HIGHER THAN PRE-COVID LEVELS.EXPEDIA GROUP INC - VRBO'S GROSS BOOKINGS, EXCLUDING CANCELLATIONS, INCREASED SIGNIFICANTLY YEAR-OVER-YEAR IN MAY AND JUNE.EXPEDIA GROUP - REMAINS DIFFICULT TO PREDICT DURATION OF IMPACT FROM VIRUS GOING FORWARD.EXPEDIA GROUP INC - EXPEDIA GROUP NOW EXPECTS TO EXCEED $500 MILLION IN ANNUAL RUN-RATE SAVINGS FROM COST CUTS.EXPEDIA GROUP INC - CONTINUES TO EVALUATE OPPORTUNITIES TO FURTHER REDUCE COSTS.EXPEDIA GROUP - DEFERRED MERCHANT BOOKING BALANCE DECLINED MODESTLY IN MAY COMPARED TO APRIL.EXPEDIA GROUP INC - DECLINE IN EXPEDIA GROUP'S CASH BALANCE SLOWED IN MAY COMPARED TO APRIL AND FURTHER MODERATED IN JUNE.EXPEDIA GROUP INC - DEFERRED MERCHANT BOOKING BALANCE INCREASED BY MID-JUNE COMPARED TO END OF MAY.EXPEDIA GROUP -DEFERRED MERCHANT BOOKING BALANCE DECLINED MODESTLY IN MAY COMPARED TO APRIL,HAD MODESTLY INCREASED BY MID-JUNE COMPARED TO END OF MAY.  Full Article

Expedia Group, Inc. Announces Pricing Of Private Offering Of Senior Notes
Thursday, 12 Sep 2019 

Expedia Group Inc ::EXPEDIA GROUP, INC. ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR NOTES.EXPEDIA GROUP INC - AGREED TO SELL $1.25 BILLION AGGREGATE PRINCIPAL AMOUNT OF UNSECURED 3.25% SENIOR NOTES DUE 2030.EXPEDIA GROUP INC - NOTES WILL BE ISSUED AT A PRICE OF 99.225% OF AGGREGATE PRINCIPAL AMOUNT.  Full Article

Expedia Group And Lufthansa Group Airlines Announce Strategic Air Technology Partnership
Tuesday, 18 Jun 2019 

June 17 (Reuters) - Expedia Group Inc ::EXPEDIA GROUP AND LUFTHANSA GROUP AIRLINES ANNOUNCE STRATEGIC AIR TECHNOLOGY PARTNERSHIP.EXPEDIA GROUP - NEW MULTI-YEAR COOPERATION ESTABLISHES GREATER TECHNOLOGICAL COLLABORATION BETWEEN CO AND LUFTHANSA GROUP.  Full Article

Nustay Says Files EU Complaint Against Expedia And Booking.com
Tuesday, 11 Jun 2019 

June 11 (Reuters) - Nustay A/S: :NUSTAY A/S SAYS NUSTAY FILES EU COMPLAINT AGAINST EXPEDIA AND BOOKING.COM.NUSTAY - IN COMPLAINT,CO ALLEGES EVIDENCE PROVIDED TO NUSTAY SUGGESTS EXPEDIA AND BOOKING.COM ARE,IN SYSTEMATIC WAY,RESTRICTING COMPETITION IN MARKET.NUSTAY-IN COMPLAINT IT IS SUGGESTED THAT EXPEDIA & BOOKING.COM ARE, BASED ON DOCUMENTATION RECEIVED BY NUSTAY, EFFECTIVELY ENFORCING WIDE PRICE PARITY.NUSTAY A/S SAYS EXPEDIA AND BOOKING.COM SEEM TO BE ATTEMPTING TO REDUCE INCREASED PRICE COMPETITION BY GOOGLE HOTEL ADS.NUSTAY A/S <<>> - NUSTAY HAS ALTERNATIVE INVENTORY SUPPLIERS AND IS NOT DEPENDENT ON EITHER EXPEDIA OR BOOKING.COM.  Full Article

Expedia Group Says Director Jonathan Dolgen Resigned From Board
Saturday, 8 Jun 2019 

June 7 (Reuters) - Expedia Group Inc ::EXPEDIA GROUP SAYS ON JUNE 5, DIRECTOR JONATHAN DOLGEN RESIGNED FROM BOARD; ON JUNE 5, BOARD ELECTED JULIE WHALEN TO FILL VACANCY CREATED BY DOLGEN.EXPEDIA GROUP SAYS ON JUNE 5, CO NOTIFIED NASDAQ OF ADDITION OF WHALEN TO AUDIT COMMITTEE OF BOARD - SEC FILING.EXPEDIA GROUP SAYS ON JUNE 6, NASDAQ IN TURN NOTIFIED CO THAT IT WAS IN COMPLIANCE WITH NASDAQ MARKETPLACE RULE 5605(C)(2).  Full Article

Barry Diller Enters Into New Arrangements As Part Of Expedia Group, Liberty Expedia Holdings Merger
Wednesday, 17 Apr 2019 

April 16 (Reuters) - Expedia Group Inc ::BARRY DILLER ENTERS INTO NEW ARRANGEMENTS AS PART OF EXPEDIA GROUP, LIBERTY EXPEDIA HOLDINGS MERGER.EXPEDIA GROUP - CHAIRMAN BARRY DILLER ENTERED INTO AN EXCHANGE AGREEMENT WITH LIBERTY EXPEDIA AND A NEW GOVERNANCE AGREEMENT WITH EXPEDIA GROUP.EXPEDIA GROUP- DILLER MAY EXCHANGE ABOUT 5.7 MILLION SHARES EXPEDIA GROUP COMMON STOCK HE OWNS FOR AN EQUIVALENT NUMBER OF EXPEDIA GROUP CLASS B SHARES.EXPEDIA- DILLER TO HAVE PURCHASE/EXCHANGE RIGHT FOR 9 MONTHS POST CLOSING OF LIBERTY DEAL IN WHICH HE MAY ACQUIRE ADDITIONAL CO GROUP CLASS B SHARES.IF PURCHASE/EXCHANGE RIGHT IS EXERCISED IN FULL, DILLER WOULD HAVE ABOUT 49 PERCENT OF VOTING POWER OF CO.  Full Article

Expedia Group Says LEXPE Has Agreed To Non-Solicitation Obligations With Respect To Any Third-Party Acquisition Proposals
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Expedia Group Inc ::EXPEDIA GROUP INC - LEXPE HAS AGREED TO NON-SOLICITATION OBLIGATIONS WITH RESPECT TO ANY THIRD-PARTY ACQUISITION PROPOSALS.EXPEDIA GROUP INC - LEXPE HAS AGREED TO CERTAIN RESTRICTIONS ON ITS AND ITS REPRESENTATIVES’ ABILITY TO RESPOND TO ANY THIRD PARTY PROPOSALS.EXPEDIA - IF DEAL IS TERMINATED UNDER CERTAIN CIRCUMSTANCES, LIBERTY EXPEDIA HOLDINGS WILL BE REQUIRED TO PAY CO TERMINATION FEE OF $72 MILLION.EXPEDIA GROUP INC - AT CLOSING, THREE DIRECTORS SERVING ON CO'S BOARD WHO WERE NOMINATED BY LEXPE ARE EXPECTED TO RESIGN.  Full Article

Expedia Group To Acquire Liberty Expedia Holdings
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Expedia Group Inc ::EXPEDIA GROUP TO ACQUIRE LIBERTY EXPEDIA HOLDINGS.EXPEDIA GROUP INC - ENTERED INTO A DEFINITIVE AGREEMENT UNDER WHICH EXPEDIA GROUP HAS AGREED TO ACQUIRE LIBERTY EXPEDIA IN AN ALL-STOCK TRANSACTION.EXPEDIA GROUP INC - LIBERTY EXPEDIA'S PRINCIPAL ASSET IS APPROXIMATELY 23.9 MILLION SHARES OF EXPEDIA GROUP.EXPEDIA GROUP - EACH HOLDER OF LIBERTY EXPEDIA SERIES A COMMON STOCK, SERIES B COMMON STOCK WILL RECEIVE 0.360 OF A SHARE OF EXPEDIA GROUP COMMON STOCK.EXPEDIA GROUP INC - EXPECTS TO RETIRE, ON A NET BASIS, APPROXIMATELY 3.1 MILLION SHARES.EXPEDIA GROUP INC - BOARDS OF DIRECTORS OF BOTH COMPANIES APPROVED TRANSACTION.EXPEDIA GROUP - JOHN C. MALONE, CHAIRMAN OF BOARD OF LIBERTY EXPEDIA, HIS WIFE HAVE AGREED TO VOTE SHARES BENEFICIALLY OWNED BY THEM IN FAVOR OF DEAL..EXPEDIA GROUP-COMPANIES EXPECT DEAL TO CLOSE IN SUMMER 2019, AT WHEN ALL LIBERTY EXPEDIA NOMINEES TO EXPEDIA GROUP BOARD OF DIRECTORS WOULD STEP DOWN..EXPEDIA GROUP - FORMER LIBERTY EXPEDIA COMMON STOCK HOLDERS TO OWN SHARES OF CO REPRESENTING ABOUT 14% SHARES OF CO'S COMMON STOCK, CLASS B COMMON STOCK.EXPEDIA GROUP - CHAIRMAN BARRY DILLER EXPECTED TO EXCHANGE UP TO 5.7 MILLION SHARES OF CO'S COMMON STOCK FOR EQUAL NUMBER OF SHARES OF CLASS B COMMON STOCK.EXPEDIA GROUP - DILLER WILL OWN ABOUT 29% OF VOTING POWER OF COMPANY, AND CO WILL NO LONGER BE A CONTROLLED COMPANY UNDER APPLICABLE NASDAQ RULES.  Full Article

Japan FTC Has Raided Rakuten, Expedia, Booking.Com Japan To Investigate Suspected Anti-Monopoly Law Violation - Nikkei
Wednesday, 10 Apr 2019 

April 10 (Reuters) - :JAPAN FAIR TRADE COMMISSION HAS RAIDED RAKUTEN, EXPEDIA, BOOKING.COM JAPAN TO INVESTIGATE SUSPECTED ANTI-MONOPOLY LAW VIOLATION - NIKKEI.  Full Article

Expedia Group Inc Reports Qtrly Adjusted EPS $1.24
Friday, 8 Feb 2019 

Feb 7 (Reuters) - Expedia Group Inc ::EXPEDIA GROUP INC - QTRLY ADJUSTED EPS $1.24.QTRLY EARNINGS PER SHARE $0.11.EXPEDIA GROUP INC - QTRLY ADJUSTED EPS EXCLUDING TRIVAGO $1.18.QTRLY REVENUE $2,559 MILLION, UP 10 PERCENT.Q4 EARNINGS PER SHARE VIEW $1.08, REVENUE VIEW $2.54 BILLION -- REFINITIV IBES DATA.QTRLY ROOM NIGHT GROWTH 11%.QTRLY TOTAL GROSS BOOKINGS INCREASED 11%.QTRLY GROSS BOOKINGS $21,957 MILLION VERSUS $19,766 MILLION.IN Q4 2018, RECORDED $25 MILLION GOODWILL IMPAIRMENT LOSS.  Full Article

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Fed adds Apple, Anheuser-Busch, Expedia to its bond holdings

The U.S. Federal Reserve added $1.33 billion in bonds of individual companies from June 22 to June 30, including iPhone maker Apple Inc, beer-producer Anheuser-Busch and travel booker Expedia Group.