- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Travelzoo Inc (NASDAQ:TZOO): Travel booking companies selling Hawaii hotel rooms online are not required to pay the state hotel room tax, reports the Honolulu Star Advertiser, citing a ruling from a state judge, which means that the state will lose almost $700 million in transient accommodations taxes it assessed to Expedia (NASDAQ:EXPE), Orbitz (NYSE:OWW), Priceline (NASDAQ:PCLN), and other online travel companies for the tax years 1999 through 2011. The shares closed at $18.03, up $0.16 or 0.9% on the day. They have traded in a 52-week range of $17.60 to $34.95.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
Xerox Corp. (NYSE:XRX) earned $594 million in cash from operations and will likely deliver full-year operating cash flow reaching $2 billion to $2.3 billion as well as repurchasing $900 million to $1.1 billion in Xerox stock during the year. The shares closed at $6.67, down $0.36 or 5.12% on the day. They have traded in a 52-week range of $6.36 to $8.84.
Zynga Inc. (NASDAQ:ZNGA) recently laid off more than 100 employees from its Austin office, reports TechCrunch, citing Justin Maxwell, who is a former Apple (NASDAQ:AAPL) and Smule employee. The laid off Zynga employees worked on the company’s Bingo and TheVille teams, and were only given two hours to clean out their desks, the website also mentioned. The shares closed at $2.20, down $0.12 or 5.17% on the day. They have traded in a 52-week range of $2.21 to $15.91.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.