Active Stocks News Recap: Express Inc. (NYSE:EXPR), Expedia Inc (NASDAQ:EXPE), Twenty-First Century Fox Inc (NASDAQ:FOX)

Active Stocks News Recap: Express Inc. (NYSE:EXPR), Expedia Inc (NASDAQ:EXPE), Twenty-First Century Fox Inc (NASDAQ:FOX)

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On Tuesday, Shares of Express Inc. (NYSE:EXPR), lost -1.63% to $16.89.

Express, declared that the Company will conduct a conference call to discuss third quarter fiscal 2015 results on Thursday, December 3, 2015 at 9:00 a.m. ET. Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by David Kornberg, President and Chief Executive Officer, Matthew Moellering, Executive Vice President and Chief Operating Officer, and Perry Pericleous, Senior Vice President and Chief Financial Officer.

Express, Inc. operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, counting work, casual, jeans wear, and going-out occasions.

Shares of Expedia Inc (NASDAQ:EXPE), declined -1.14% to $120.89, during its last trading session.

Silver Rail Technologies and the Expedia group declared a planned technology partnership to power Expedia’s global expansion in the rail business.

Rail is an increasingly popular mode of regional transport throughout Europe and Asia. According to Phocuswright, rail is now the fastest growing sector in travel, with over €30 billion in rail tickets sold in Europe alone. City-centre to city-centre access, private and government investment, speed advancements, and a lower environmental impact than other means of travel assisted propel noteworthy growth in the rail industry.

“We know rail is a highly sought-after form of transportation, especially across Europe and Asia, and we want to ensure our customers have a full variety of travel choices when they visit our sites. We’ve had a great playbook with our other lines of business, and we are eager to implement a similar strategy for rail,” said Greg Schulze, senior vice president, Global Tour and Transport at the Expedia group. “SilverRail offers a strong technology platform designed specifically for the rail business and a wide array of train providers. We are optimistic this platform will continue to grow so our travellers have the broadest possible set of rail options. The growth of rail, and the noteworthy business opportunity it presents, is a trend we can no longer neglect; we look forward to start selling rail tickets and learning more about the nuances of this unique product.”

Expedia, Inc., together with its auxiliaries, operates as an online travel company in the United States and internationally. The company operates in two segments, Leisure and Egencia. It provides travel products and services to leisure and corporate travelers, offline retail travel agents, and travel service providers through a portfolio of brands, counting Expedia.com, Hotels.com, Hotwire.com, Classic Vacations, Travelocity, Expedia Local Expert, Egencia, Expedia Cruise Ship Centers, eLong, and Venere.com, in addition to trivago, CarRentals.com, Wotif.com, lastminute.com.au, travel.com.au, Asia Web Direct, LateStays.com, GoDo.com.au, and Arnold Travel Technology.

Finally, Shares of Twenty-First Century Fox Inc (NASDAQ:FOX), ended its last trade with -0.59% loss, and closed at $30.43.

National Geographic Partners, declared the appointment of its senior leadership team. The formerly declared entity combines the National Geographic television channels and National Geographic’s other media and consumer-oriented assets. The appointments were made by National Geographic Partners CEO Declan Moore. Additional appointments are predictable soon.

21st Century Fox and National Geographic Society also declared that they have accomplished the transaction to form National Geographic Partners.

“Upon concluding the transaction to form National Geographic Partners, we are thrilled to bring these incredibly talented executives to the senior leadership team,” Moore said. “National Geographic is one of the world’s most trusted brands, delivering unique and compelling storytelling of science, discovery and wonder to consumers for over a century. We’re excited to officially start our journey to bring a new and integrated National Geographic experience to people worldwide, and I look forward to partnering with Ward Platt and working with Susan Goldberg, Courteney Monroe and Jeffrey Schneider to share the National Geographic mission with an even larger audience.”

Ward Platt, who presently serves as Chief Operating Officer of Fox International Channels (FIC) and CEO of National Geographic Channels International, will assume the new post of COO of National Geographic Partners. Platt will partner with Moore to drive the global revenue of the entire portfolio of National Geographic Partners’ businesses, counting channels distribution, advertising revenue, digital publishing, licensing, travel and consumer products. Platt will also have oversight of the new venture’s international operations. Platt formerly served as President, FIC Asia Pacific & Middle East. Under his more than 10 years of leadership in the region, FIC practiced exponential growth, becoming the leading pay-TV network in Asia Pacific. He assisted build the business from the ground up and was responsible for all aspects of running more than 40 channel brands across 18 offices, counting the launch of National Geographic’s channel business in Asia. In addition, he oversaw the integration of Fox Sports Asia (formerly ESS) into FIC.

Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments.

 

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