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What: Shares of Chinese travel services specialist Ctrip.com International
So what: The company reported third-quarter results over the weekend with strong earnings and revenues but a disappointing sales outlook for the coming quarter. Analyst firm Brean Murray Carret then downgraded Ctrip to hold, citing multiple points of pressure on profit margins.
Now what: Shares of direct rival eLong
Interested in more info about Ctrip.com? Click here to add it to My Watchlist.
Fool contributor Anders Bylund holds no position in any of the companies mentioned. The Motley Fool owns shares of Ctrip. Motley Fool newsletter services have recommended buying shares of Ctrip. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinion, but we all believe that considering a diverse range of insights makes us better investors. Check out Anders' holdings and bio, or follow him on Twitter and Google+. We have a disclosure policy.