Expedia makes-up with American Airlines

Expedia Inc. (NASDAQ:EXPE)

American Airlines' AMR Corp. (NYSE:AMR) and Expedia Inc. (NASDAQ:EXPE) have kissed and made-up.  They reached a memorandum of understanding to resume doing business together, effective immediately.

Upgrade of the Day: Expedia Inc.

Expedia Inc. (NASDAQ:EXPE)

Expedia Inc. (NASDAQ:EXPE) received a blessing of an upgrade today that helped lift shares up 2.8% to $7.87, however those gains were erased after-hours.

Expedia and Priceline will be just fine


Both Expedia (NASDAQ:EXPE) and Priceline (NASDAQ:PCLN) shares are trading near 52-week lows, it's as if investors think these companies and the U.S. economy will never travel again?  Be reasonable.

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