Marriott Vacations (NYSE:VAC) reported quarterly earnings of $3.02 per share which beat the analyst consensus estimate of $2.60 by 16.15 percent. This is a 88.75 percent increase over earnings of $1.60 per share from the same period last year. The company reported quarterly sales of $1.23 billion which beat the analyst consensus estimate of $1.14 billion by 7.46 percent. This is a 16.44 percent increase over sales of $1.05 billion the same period last year.
After Approving Booking.com-Etraveli Deal, European Regulatory Set To Block The Deal
European Union regulators are poised to block the €1.63 billion acquisition of Sweden's Etraveli Group by US online travel site Booking Holdings Inc (NASDAQ: BKNG) due to concerns over competition.