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Expedia Shares Tanking, EPS Miss Blamed

Expedia Shares Tanking, EPS Miss Blamed

The online travel website has seen better quarters, with higher taxes, increased spending on technology and content, and a push and pull between airlines and global distribution systems that took a toll in the last quarter of 2010. The stock was down more than 18% Friday at $21.06.

 

Expedia Drops American Airlines

Expedia Drops American Airlines

Expedia dropped tickets for American Airlines flights from its listings, the latest development in a feud between the airline and online travel agencies.

 

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