You're watching...
Expedia Trading Higher After Reporting Earnings
Details
-
Description
FBN's Tracy Byrnes breaks down afternoon market news.
- Duration 0:59
- Date Apr 27, 2012
You're watching...
FBN's Tracy Byrnes breaks down afternoon market news.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
-- I'm -- granted if Fox Business briefs will stocks trading slightly higher at.
Investors play around the corporate earnings against disappointing news on the US economy.
Right now the Dow up about 33 points.
And Expedia shares are soaring after posting solid quarterly results -- earnings blew away forecasts of 26 cents a share and revenue also came in better than expected.
And strong growth in gross bookings transactions and hotel revenue contributed -- strong results.
Some of the biggest companies in the US are hiring but a majority of those companies -- -- According to the Wall Street Journal 35 US -- multinational companies added more than.
333000.
Jobs -- -- fine operations between 2009 last year.
I'm just as part of the reason is because nearly 60% of their revenue growth during those two years came from outside the US.
That's the latest from Fox Business Network giving you the power.