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Financial Planning and Analysis
92% of CFOs Say They’re Fully Prepared for a Recession: Weekly Stat
CFO self-assurance around their performance, the economy, and their ability to ride out a recession are high, per recent CFO research.
By
Adam Zaki
| February 8, 2023
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Financial Performance
Delta Posts $652M Profit on Surging Demand
“We achieved significant milestones in the quarter including a solid pre-tax profit in the month of June."
By
Matthew Heller
| July 14, 2021
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Financial Performance
Visa Beats Estimates on Online Shopping Surge
“Our performance in the fiscal first quarter reflected solid results and continued positive momentum in a challenging COVID-19 environment."
By
Matthew Heller
| January 29, 2021
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Financial Performance
Delta Posts Record Loss, Cuts Cash Burn
“Our December quarter results capped the toughest year in Delta’s history,” Delta CEO Ed Bastian said.
By
Matthew Heller
| January 14, 2021
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Financial Performance
Hyatt Loses $161M as Travel Slump Continues
Hyatt's revenue per available room improved in Q3 but the hotelier expects "demand to remain uneven over the coming months."
By
Matthew Heller
| November 5, 2020
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Financial Performance
Visa Beats Estimates as Travel Slump Continues
“The recovery so far has been uneven, V-shaped for domestic volumes but L-shaped for cross-border volumes,” CFO Vasant Prahbhu says.
By
Matthew Heller
| October 29, 2020
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Financial Performance
Marriott Posts Big Loss, Sees Recovery Signs
Marriott’s shares rose as the company reported that it it is seeing "steady signs" of global travel demand returning.
By
Matthew Heller
| August 10, 2020
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Strategy
Six Priorities for Travel CFOs During the COVID-19 Pandemic
Hard-hit travel industry companies must take steps to adjust their offerings, redefine pricing strategies, and focus on maximizing customer lifetime value.
By
Vincent Ryan
| May 12, 2020
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Financial Performance
United Posts $2.1B Loss, Expects Worse Ahead
With demand collapsing since the second half of March due to the coronavirus, "the worst is still to come" for United.
By
Matthew Heller
| April 20, 2020
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Credit & Capital
Thomas Cook Collapses, Leaving Thousands of Travelers Stranded
The British travel agency’s collapse is causing “global travel chaos.”
By
Lauren Muskett
| September 23, 2019
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M&A
Ebix Agrees to Buy Yatra
The Atlanta-based software company is planning an IPO for its Indian subsidiary.
By
Lauren Muskett
| July 17, 2019
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Technology
Dell Exec David Goulden Joins Priceline as CFO
Goulden's 30 years of experience in technology includes serving as EMC's finance chief from 2006 to 2014.
By
Matthew Heller
| January 22, 2018
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Technology
Trivago Shares Dive on Reduced Guidance
The hotel-search company has been hit by a slowdown in the revenue it generates by referring users to hotel websites.
By
Matthew Heller
| September 6, 2017
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Strategy
Airline Stocks Rise on Unit Revenue Guidance
Both American and United Airlines boost their expectations for fourth-quarter unit revenue, sending their shares up more than 3%.
By
Matthew Heller
| December 9, 2016
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The Cloud
SAP to Buy Concur for $7.3B
The German software maker feels the pressure to strengthen its position in cloud computing.
By
Iris Dorbian
| September 19, 2014
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