Ctrip.com (CTRP) -8.9% premarket after receiving downgrades from Raymond James and Brean Murray,...

|About: Ctrip.com International, Ltd. (CTRP)|By:, SA News Editor

Ctrip.com (CTRP) -8.9% premarket after receiving downgrades from Raymond James and Brean Murray, which sees continued pressure on margins in the coming quarter and year. Factors pressing margins - labor cost pressure, profit giving-back to attract leisure segment and increased competition - are unlikely to abate any time soon, Brean says.