Priceline Lowered to a Hold (Zacks.com)

Monday October 6, 11:59 am ET By Rob Plaza, CFA Priceline.com (NasdaqGS: PCLN - News) offers customers the ability to make hotel reservations worldwide primarily under the Booking.com and Agoda brands internationally and the Priceline.com brand in the U.S. Slowing economic growth domestically and around the globe is negatively affecting Priceline.com's results. Macro conditions have worsened in recent months, and problems in the credit markets are making... [read full story]