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More on Orbitz's (OWW -4.9%) Q4 results: Its posted loss of $0.44/share is due to non-cash...

More on Orbitz's (OWW -4.9%) Q4 results: Its posted loss of $0.44/share is due to non-cash goodwill and intangible asset impairment charges, so it isn’t the ugly miss it would seem at first glance. But bookings were down 1% Y/Y, and Q1 earnings and revenue guidance were lowered below consensus.
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