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We’ve got a joint account Tarullo said on Thursday that the SEC is in a “fundamentallydifferent situation” than the Fed because the SEC is primarilyan enforcement body. The SEC forcing firms to admit wrongdoingcould help investors sue the firms as well, he said.
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This was despite all three beating earnings expectations in the last quarter they reported. Orbitz Wordwide reported earnings of $1.34 per share, beating the $-0.06 expectation, while Priceline.com reported earnings of $5.76, beating the $5.27 expectation, all in the first quarter of 2013. Meanwhile, TripAdvisor reported second quarter earnings of $0.52 per share, beating the $0.49 expectation.