Expedia third-quarter profit beats estimates, sees Orbitz deal boost

Expedia Inc on Thursday posted a rise in third-quarter profit that beat analysts’ estimates and said it now expects its takeover of Orbitz Worldwide Inc to yield greater benefits than previously anticipated. On an adjusted basis, it earned $276 million, or $2.07 per share, compared to the average analyst estimate of $265 million, or $2.02 per share, according to Thomson Reuters I/B/E/S. The stock surged 7.6 percent in after-market trade

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Expedia shares soar on strong bookings despite strong U.S. dollar

Expedia Inc on Thursday reported first-quarter profit that exceeded analysts’ expectations as it earned more money from travel bookings in and outside the United States, despite foreign currencies falling relative to the U.S. dollar.

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Open Text profit rises 39 percent on strong cloud services business

(Reuters) – Canadian business-software maker Open Text Corp reported a 39 percent rise in quarterly profit, helped by a more than threefold jump in revenue in its rapidly growing cloud services business. Net income attributable to the company rose to $74.3 million, or 60 cents per share in the second quarter ended Dec

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Social media flurry around blizzard: gripes, jokes and romance

By Laila Kearney and Barbara Goldberg NEW YORK (Reuters) – Fear, disappointment and even romantic thoughts about the Northeast’s blizzard of 2015 powered a social media storm that raged on the Internet on Tuesday. The avalanche picking up speed on Twitter, YouTube and Facebook included mashup photos that replaced the Statue of Liberty’s torch with a snow shovel and outfitted New York City Mayor Bill de Blasio in a king’s fur cape and sword with the motto “Winter is Coming” from the “Game of Thrones” television show. Two of the most popular Twitter hashtags were #Snowmageddon2015 and #Snowpocalypse, although some felt #Blizzfizz was more appropriate.

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Infosys sticks to growth targets, sends shares up 7 percent

By Lehar Maan and Anya George Tharakan BENGALURU (Reuters) – Shares in software services exporter Infosys Ltd rose almost 7 percent on Friday after it surprised investors by sticking to its full-year sales target, thanks to healthy demand that helped offset the impact of a stronger dollar.

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