Priceline.com Incorporated (PCLN), the online fixed and auction hotel reservation site, posted a 35% increase in revenues in its 2010 fourth quarter, with growth led by new markets such as Asia-Pacific and South America. From the company’s press release: “The Group’s worldwide hotel business performed well for the 4th quarter […]
Daily Archives: February 27, 2011
3 posts
Toll Brothers, Inc. (TOL) is a luxury home builder active in nineteen states. Given the state of the housing market, one would expect poor performance, but according to TOL’s 1Q 2011 earnings release on 2/23/2011, the company has staged a comeback: The Company reported FY 2011 first quarter net income […]
Warren Buffett’s annual letter reviewing Berkshire Hathaway’s performance is is out (.pdf). As always, it’s a highly accessible must-read not only for hard core investors, but for anyone interested in one of our generation’s great business minds. As venture capitalist Brad Feld succinctly states, “it’s good, interesting, fun and clever.” […]