Priceline 4Q Profit More Than Doubles As Bookings Soar | wsj.com

Priceline.com Inc.'s (PCLN) fourth-quarter profit more than doubled as the online travel company's bookings continued to soar. Shares jumped 6.7% to $227.20 in after-hours trading as revenue topped the company's bullish expectations and it projected strong first-quarter results. Shares have more than tripled over the past 12 months. The company pointed to the strong performance of its international business, where gross bookings soared 70%...