Orbitz stock surges on Cendant reports
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Shares of Orbitz rocketed 27 percent in after-hours action yesterday on word the online travel site was in talks to be purchased by Cendant for $26 to $28 per share, or more than $1 billion in cash.
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Online travel agency, which had one of the hottest IPO&#39;s of 2003, meets 12 cents per share target. CHICAGO  - Orbitz Inc.
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Shares in France's Alstom jump 6% on strong results and a high-speed train deal in Argentina.
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Carnival Corp. (CCL.N: Quote, Profile, Research) , the world&#39;s biggest cruise group, on Friday said quarterly earnings rose sharply, citing the merger with P&amp;O Princess Cruises last year.
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Cendant Corporation, the travel and property services company that owns Avis and Budget, is in talks to acquire Orbitz.com, an online travel company, in a deal valued at around $1 billion.
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Travel and real estate company Cendant Corp. is close to an agreement to buy online travel site Orbitz Inc. for about $1.2 billion in cash, a source close to the talks said yesterday.
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NEW YORK (CBS.MW) - Shares of Check Point Software Technologies climbed more than 12 percent early Monday after topping analysts&#39; expectations for the third quarter with a 22 percent revenue rise.
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Cendant Corp., the world&#39;s largest hotel franchiser, agreed to buy Internet travel agency Orbitz Inc. for $1.25 billion, becoming the second-biggest competitor in the online travel market.
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Travel and real estate heavyweight Cendant Corp.  said on Wednesday it will buy travel Web site Orbitz Inc.  for about &#36;1.25 billion, making it the No. 2 online travel agency.
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The company is the largest percentage gainer on the NYSE today.
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Shares rise sharply after the software maker reports higher 3Q profit on strong products demand. TEL AVIV, Israel  - Check Point Software Technologies Inc.
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Travel and real estate heavyweight  Cendant Corp. CD.N said on Wednesday it will buy travel Web  site Orbitz Inc. ORBZ.O for about $1.25 billion, making it  the No. 2 online travel agency.
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Cendant, the world&#39;s largest travel group, yesterday continued its buying spree with the $1.1bn (Â£570m) purchase of Gullivers Travel Associates and Octopus.
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IF services conglomerate Cendant buys the third-largest US online travel company, Orbitz, as looks probable, then it will be widely seen as another step towards breaking down any lingering sense that business over the internet is &quot;special&quot; compared to
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Hotel franchisor Cendant Corp. agreed to buy online travel company Orbitz Inc. for about $1.25 billion. The $27.50 a share cash offer, which has been approved by boards of both companies but still needs regulatory
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Cendant is going for growth in online travel.
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Shares of Internet travel firm Orbitz Inc. surged after it agreed to be acquired by Manhattan-based Cendant Corp. for about $1.25 billion.