Cendant Corp., owner of the Orbitz travel Web site and several hotel and real-estate brands, will split itself into four separate public companies, the conglomerate said Monday. Subscribe to read this ...
Subject: The company, which has been hit with shareholder class-action lawsuits, tries to stifle all the fires. Cendant management says that the company”s name derives from the Latin root of the word ...
Subject: The stock of a consumer-services giant gets clobbered on Wall Street, as company officials uncover an accounting error on the books. Wall Street had never ...
NEW YORK — Hotel, real estate and car rental giant Cendant Corp. agreed Monday to buy discount air fare company Cheap Tickets Inc. for $425 million in cash. It is the second travel-related acquisition ...
Cendant on Monday launched an auction for its travel business, as the property and leisure conglomerate attempts to rescue its ill-received plans for a break-up into four separate companies. The ...
After three trials over the course of eight years, the former chairman of the Cendant Corp. was convicted on charges of spearheading a major accounting fraud. Processing Content When the fraud was ...
A federal judge granted a request by prosecutors and Cendant Corp. to depose the company’s imprisoned former chairman in an effort to collect $3.2 billion he was ordered to pay in restitution. Walter ...
Cendant Corp. signaled Tuesday that it is closing in on a sale of its mortgage unit. The New York travel and real estate giant did not identify the prospective buyer, but speculation centered on ...
After Cendant Corp.'s infamous April 1998 admission of accounting improprieties that would reduce operating income by $110 to 115 million, CEO Henry Silverman was able to stabilize the company. But ...
NEW YORK — Cendant Corp. has sent a strong signal to its chairman and chief executive to focus on delivering solid earnings rather than trying to keep the travel and real estate giant’s stock price ...
A second, streamlined case against the former chairman of Cendant Corp. produced the same result as the first -- a mistrial. Processing Content A federal judge declared a mistrial in the fraud trial ...
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