Seeking Alpha
Profile| Send Message|
( followers)

Cendant (ticker: CD), a US travel and real estate company, held its quarterly conference call on Tuesday. Here are some key points, and a thought:


On focus on real estate and travel:

....with this phase of our development successfully complete, we have now moved into the next two-year cycle, where we are focused on refining our portfolio for growth in our core real estate and travel verticals, which we believe are two of the largest and highest-growth markets in the world

On potential acquisition plans:

….in this phase, we are building the “new Cendant

Source: Cendant - key quotes from call, China implications