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UBS analyst Eric Sheridan probes on the impact of three drivers of revenue per hotel shopper trends. $TRIP Steve Kaufer said that the largest driver is instant booking. Excluding this impact, the largest driver is the monetization difference. The secondary impact is mix between desktop and phone, while the final impact is 1-2% of currency.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.