It's Friday, Friday… Expedia (
) recently announced plans to spin-off its media and advertising
business arm TripAdvisor into its own publically-traded company.
This seems to be the right move for Expedia, from both a timing and
operations standpoint. TripAdvisor currently represents roughly 24%
of our estimated stock value for Expedia. Moving along, we also
take a look at the reported decline in global PC shipments during
Q1 2011 and how the trend affects Microsoft's (
) stock value, which is highly dependent on both Windows OS and
Microsoft Office for PCs.
Think you know Estee Lauder (
)? Take a shot at our quiz of the day. And don't hesitate to check
out today's free company model, Procter & Gamble (
Company of the Day
Expedia recently announced its plans to spin-off
TripAdvisor into a separate entity. The timing here is
appropriate. Google recently received approval to acquire air
travel schedule and fare provider ITA Software, a move that
will strengthen its "Places" offering and increase competition
for TripAdvisor. With the spin-off, Expedia is shielded from
potential losses in TripAdvisor's market share.
See our complete analysis for Expedia
Forecast of the Day
According to a recent report from IDC, global PC shipments
declined 3.2% during Q1 2011 vs. the same period last year.
Growth came in lower than expected vs. the initial 1.5% growth
forecast from IDC. Microsoft's business is highly
dependent on PC sales as Windows OS and Microsoft Office for
PCs respectively account for about 40% and 36% of our $31.64
price estimate for Microsoft stock.
See our complete analysis of Microsoft
Estee Lauder -
Quiz of the Day
Which product segment contributes the most to Estee Lauder's
- Skin Care
- Hair Care
Procter & Gamble -
Today's Free Company Model
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See our complete analysis of Procter & Gamble