|Bid||0.00 x 3200|
|Ask||0.00 x 1800|
|Day's Range||23.02 - 23.30|
|52 Week Range||19.41 - 26.62|
|Beta (3Y Monthly)||0.78|
|PE Ratio (TTM)||26.47|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||0.56 (2.43%)|
|1y Target Est||25.92|
Sabre said this week that the U.S Department of Justice suit to block the company's acquisition of tech vendor Farelogix was "fatally flawed" and denied all of the allegations. The lawsuit, which the Justice Department launched on Aug. 20, alleged the $360 million merger would give Sabre too much control in airline distribution technology. Sabre's […]
Amdocs' (DOX) solutions will help Altice Portugal modernize operations across its wireless, wireline, broadband Internet and television lines of business for consumers and enterprise customers.
LONDON, Sept. 6, 2019 /PRNewswire/ -- One of the world's largest airline groups, International Airlines Group (IAG) has selected Sabre Corporation's (SABR) Sabre AirVision Profit Manager technology, and migrates to Amazon Web Services (AWS) across all of its Sabre AirVision Planning and Scheduling solutions. The cutover includes British Airways, Iberia, Iberia Express, and Vueling, making the airline group Sabre's largest Planning & Scheduling customer using the solutions and operating on AWS.
LONDON and SOUTHLAKE, Texas, Sept. 4, 2019 /PRNewswire/ -- Sabre Corporation (SABR), the leading technology provider to the global travel industry, is a Gold Sponsor of the 2019 World Aviation Festival. One of the largest annual aviation shows, the World Aviation Festival brings together major airlines, airports and travel technology companies, offering an open exchange platform to drive the industry forward. During the Aviation IT track, Yousif Yousif, Head of Commercial Systems, Etihad Airways will join Rodrigo Celis, Senior Vice President, Commercial Solutions, Sabre to discuss Etihad's vision for digital transformation.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Britain's competition watchdog on Monday launched an investigation into the U.S. travel technology provider Sabre Corp's proposed $360 million acquisition of smaller rival Farelogix Inc, saying the deal could raise prices for platforms used by airlines and travel agents to sell tickets. The UK Competition and Markets Authority's investigation follows an initial review of the deal by the regulator last month and comes two weeks after the U.S. Justice Department sued to block the merger, escalating pressure on the companies to call off the combination. Both Sabre and Farelogix provide information technology systems that allow hotel and airline bookings through travel agencies.
MANAMA, Bahrain and LONDON , Aug. 27, 2019 /PRNewswire/ -- Apiso and Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, announced today a long-term partnership ...
The lab will be the headquarters for Sabre Labs, which is run by former Google executive Sundar Narasimhan.
BOSTON, Aug. 21, 2019 /PRNewswire/ -- Texas-based Sabre Corporation (SABR), the leading technology provider to the global travel industry, hosted a ribbon cutting ceremony today to mark the grand opening of its Boston Innovation Lab. Boston Mayor Marty Walsh was among the guests who shared remarks during the event led by Sabre CEO Sean Menke and Sabre Labs president and former Google executive, Sundar Narasimhan.
The U.S. Department of Justice is suing to block Sabre's $360 million acquisition of Farelogix. In a suit filed Wednesday, federal government attorneys said they have obtained text messages where Sabre executives acknowledged that acquiring Farelogix would eliminate a competitive threat and further entrench Sabre in booking services. On the day Sabre announced its intention to […]
While the feds are preparing to stop Sabre's $360 million deal for Farelogix, the Southlake company struck back, saying the DOJ's claims "lack a basis in reality and reflect a fundamental misunderstanding of the industry."
SOUTHLAKE, Texas, Aug. 20, 2019 /PRNewswire/ -- Sabre Corporation (SABR), a leading technology provider to the travel industry, announced today that it will challenge the lawsuit filed by the U.S. Department of Justice (DOJ) seeking to block the company's planned acquisition of Farelogix, Inc. Farelogix, a recognized innovator in the highly competitive airline technology space whose New Distribution Capability (NDC) technology is used by a number of airlines around the world, will bring capabilities to Sabre that will accelerate the delivery of the industry's first end-to-end NDC-enabled solution for the retailing, distribution and fulfillment of travel. Sabre is confident of the pro-competitive nature of this transaction, that it will succeed in court, and that the transaction will ultimately be completed.
Last week, Sabre said it planned to close the deal announced in November by Wednesday unless the Justice Department sued. The companies agreed last week to extend the termination date of their acquisition agreement to April 30 to allow time for any Justice Department challenge to be resolved. The suit, filed in U.S. District Court in Delaware, said the firms compete head-to-head to provide booking services to airlines, including offering IT solutions that allow airlines to sell tickets and ancillary products through traditional brick-and-mortar and online travel agencies to the traveling public.
Sabre may be heading to court over its proposed deal to buy Farelogix after all. The U.S. Justice Department is preparing to sue to block Sabre Corp.’s (Nasdaq: SABR) proposed acquisition of Farelogix over concerns the deal will harm competition, Bloomberg reported Friday, citing a person familiar with the matter. The move would follow Sabre’s decision to inform the DOJ was planning to wrap the acquisition Aug. 21.
Budget airline Spirit Airlines last week bought more airline technology from Sabre, signaling that the tech vendor's sales team is abandoning its defensive mode. Texas-based Sabre is now seeking an increased wallet share of existing customers. The trend is a turnabout. For years, carriers complained about Sabre's tech. The tools aim to help airlines with […]
SOUTHLAKE, Texas, Aug. 14, 2019 /PRNewswire/ -- Sabre Corporation (SABR), the leading technology provider to the global travel industry, today announced its renewed agreement with Despegar (DESP), the leading online travel agency (OTA) in Latin America. The multi-year contract extension ensures Despegar's continued access to Sabre's market-leading global distribution system (GDS), propelling the OTA's service to an estimated 140 million unique visitors.
'We believe we have done all we can to address the DOJ's concerns,' Sabre Corp. CEO Sean Menke said in a statement.