Travelzoo Inc. (NASDAQ:TZOO) forecast a drop in third-quarter earnings and revenue and shares of the Internet media company plunged 20.72 percent in premarket trading on Friday. The New York-based company expects earnings per share in the range of 20 cents to 22 cents on revenue between $35.0 million and $35.5 million. In the year-ago quarter, Travelzoo earned 36 cents a share on revenue of $38.7 million. [More...]