Further limitations of Adjusted EBITDA include:
- this measure does not reflect changes in working capital;
- this measure does not reflect interest income or interest expense; and
- this measure does not reflect cash requirements for income taxes.
Extended Stay America (STAY) is offering discounts on hotels within a 50-mile radius of NRG Stadium, while Marriott (MAR) renovated one of its hotels ahead of the game.
Trade-Ideas LLC identified HomeAway (AWAY) as a "perilous reversal" (up big yesterday but down big today) candidate
The social media company is now worth more than $300 billion.
Web travel agent Expedia Inc. will be making its entrance into the home rental market with a $3.9 billion purchase of HomeAway Inc.