The Priceline Group (Priceline.com Inc.) (Nasdaq
CLN)
Shares of PCLN jumped $50.31 (or +4.92%) to $1,073.20, with a volume of 1,927,493 shares on Friday's trading session.
PCLN was upgraded from Neutral to Buy with price target of $1250 by brokerage firm Monness Crespi & Hardt.
For the third quarter 2013, its financial results surpassed FactSet consensus estimates of $16.23 per share and its guidance for the quarter. PCLN posted consolidated gross bookings of approximately $10.8 billion, up 38% year over year or about 36% on a local currency basis, and Non-GAAP net income of $17.30 per diluted share, compared to $12.40 per diluted share in the same period the prior year.
PCLN is a leader in global online travel reservations. The Group is composed of five primary brands - Booking.com, priceline.com, Agoda.com, KAYAK and rentalcars.com and several ancillary brands.
More about The Priceline Group (Priceline.com Inc.) (Nasdaq CLN) at www.priceline.com
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Crown Equity Holdings Inc. (CRWE)
Together with its digital network of websites, CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher.
Online advertising revenues are going up because more people are watching online video, and the people who provide that video are increasingly packaging it with "forced view" commercials.
Online video advertising earned just over $1 billion in the first two quarters of 2012. This total comes from the "IAB Internet Advertising Revenue Report," which was prepared for the Interactive Advertising Bureau (IAB) by PricewaterhouseCoopers and released on Oct. 11, 2012.
Strategic plans are being developed for CRWE ’s Division CRWETube ( www.crwetube.com ), targeting the multi-billion dollar online video-sharing market.
CRWE ‘s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. The company launches, invests and manages select businesses, projects and real estate endeavors.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
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Autobytel Inc. (Nasdaq:ABTL)
Shares of ABTL surged $ 1.28 (or +15.44%) after the company reported significant improvement in its financial results compared with last year.
For the third quarter 2013, ABTL posted total revenues of $21.6 million, compared to $17.5 million in the same period the prior year, and net income more than doubled to $1.3 million, or $0.13 per diluted share, based on 10.6 million diluted average weighted shares outstanding, versus $551,000, or $0.06 per diluted share, based on 10.1 million diluted average weighted shares outstanding, on the third quarter 2012.
According to its business outlook, ABTL estimates 2013 fourth quarter revenues in the range of $19 million to $20 million, representing solid year-over-year growth and the usual, expected seasonal softening, and anticipates gross margin of 40%.
ABTL provides high quality consumer leads and associated marketing services to automotive dealers and manufacturers throughout the United States and offers consumers robust and original online automotive content to help them make informed car-buying decisions.
More about Autobytel Inc. (Nasdaq:ABTL) at www.autobytel.com
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