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Benzinga's M&A Chatter for Monday March 14, 2016
Tuesday, March 15, 2016 - 3:06am | 394The following are the M&A deals, rumors and chatter circulating on Wall Street : Apollo Global to Acquire Fresh Market for $28.50/Share in Cash The Deal:The Fresh Market, Inc. (NASDAQ: TFM) and an affiliate of Apollo Global Management, LLC (NYSE: APO) confirmed Monday, that certain funds...
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UPDATE: Land and Buildings Comments on MGM Performance
Wednesday, March 9, 2016 - 9:05am | 726Land and Buildings Investment Management, LLC ("Land and Buildings") today issued the following letter to the shareholders of MGM Resorts International (NYSE: MGM) ("MGM" or the "Company"): Dear Fellow MGM Shareholders: MGM is currently trading at 8x EBITDA, compared to its closest peers, Las...
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Can Marriott's Acquisition Of Starwood Help Battle Threats From Airbnb?
Wednesday, February 17, 2016 - 6:02pm | 541Marriott International, Inc. (NYSE: MAR) Consumer Discretionary - Hotels, Restaurants & Leisure | Reports February 17, After Market Closes Key Takeaways The Estimize consensus is calling for EPS of $0.77, 1 cent higher than Wall Street, and revenue expectations of $3.734 billion, $13...
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Earnings Scheduled For February 17, 2016
Wednesday, February 17, 2016 - 4:08am | 1309Priceline Group Inc (NASDAQ: PCLN) is estimated to report its quarterly earnings at $11.80 per share on revenue of $1.96 billion. NVIDIA Corporation (NASDAQ: NVDA) is expected to post its quarterly earnings at $0.32 per share on revenue of $1.31 billion. T-Mobile US Inc (NASDAQ: TMUS) is projected...
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Benzinga's Top Downgrades
Wednesday, February 3, 2016 - 9:14am | 337Citigroup downgraded Intersil Corp (NASDAQ: ISIL) from Neutral to Sell. The target price for Intersil has been lowered to $11.50. Intersil shares closed at $12.47 on Tuesday. Analysts at Goldman Sachs downgraded Texas Instruments Incorporated (NASDAQ: TXN) from Neutral to Sell. Texas Instruments...
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Benzinga's Top Downgrades
Thursday, January 14, 2016 - 9:03am | 337Analysts at MKM Partners downgraded Marriott International Inc (NASDAQ: MAR) from Buy to Neutral. Marriott International shares closed at $60.27 on Wednesday. Analysts at Bernstein downgraded Ubiquiti Networks Inc (NASDAQ: UBNT) from Outperform to Market Perform. The price target Ubiquiti Networks...
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Benzinga's Top Initiations
Monday, January 4, 2016 - 10:06am | 403Analysts at Roth Capital initiated coverage on Planet Fitness Inc (NYSE: PLNT) with a Buy rating. The target price for Planet Fitness is set to $18. Planet Fitness shares closed at $15.63 on Thursday. Telsey Advisory Group initiated coverage on Marriott International Inc (NASDAQ: MAR) with a...
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Telsey Analysts Mixed But Opportunistic On Lodging Stocks
Monday, January 4, 2016 - 8:37am | 634Most lodging sector stocks have been under pressure over the past one month. Telsey’s David Katz initiated coverage on lodging stocks with a mixed, opportunistic view. Katz believes that the lodging cycle is in its later stages, with occupancy rates approaching their maximum levels...
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Earnings Scheduled For December 17, 2015
Thursday, December 17, 2015 - 3:13am | 369Rite Aid Corporation (NYSE: RAD) is estimated to report its quarterly earnings at $0.06 per share on revenue of $8.18 billion. General Mills, Inc. (NYSE: GIS) is projected to report its quarterly earnings at $0.83 per share on revenue of $4.61 billion. Accenture Plc (NYSE: ACN) is expected to...
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Benzinga's Top Upgrades
Friday, December 4, 2015 - 8:28am | 229Analysts at Guggenheim Securities upgraded Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) from Neutral to Buy. Teva Pharmaceutical shares closed at $63.55 on Thursday. Analysts at UBS upgraded Telecom Italia SpA (ADR) (NYSE: TI) from Sell to Neutral.. Telecom Italia shares closed at $12.46...
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Benzinga's Top Downgrades
Monday, November 30, 2015 - 8:52am | 355Analysts at Barclays downgraded Lockheed Martin Corporation (NYSE: LMT) from Equal-weight to Underweight. The price target for Lockheed Martin has been lowered from $215 to $210. Lockheed Martin shares closed at $225.96 on Friday. Evercore ISI Group downgraded Marriott International Inc (NASDAQ:...
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Benzinga's M&A Chatter for Monday November 16, 2015
Monday, November 16, 2015 - 7:31pm | 406The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday November 16, 2015: B Riley Offers $12.50/Share for United Online The Offer:B Riley announced Monday in a letter delivered to the United Online, Inc. (NASDAQ: UNTD) Board of Directors, it was offering to...
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Mid-Morning Market Update: Markets Edge Higher; Marriott To Acquire Starwood Hotels For $12.2B
Monday, November 16, 2015 - 10:09am | 522Following the market opening Monday, the Dow traded up 0.14 percent to 17,269.62 while the NASDAQ gained 0.05 percent to 4,930.24. The S&P also rose, gaining 0.18 percent to 2,026.60. Leading and Lagging Sectors In trading on Monday, non-cyclical consumer goods & services shares rose by 0....
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Morning Market Losers
Monday, November 16, 2015 - 9:58am | 251Clovis Oncology Inc (NASDAQ: CLVS) shares dropped 70.65 percent to $29.18 following report of the FDA request for additional information on lung cancer drug. Sypris Solutions, Inc. (NASDAQ: SYPR) shares declined 17.02 percent to $1.56. On Friday, Sypris reported that it has been awarded a long-...
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Why Marriott And Starwood Shares Deserve To Trade Higher After Merger
Monday, November 16, 2015 - 9:56am | 341Shares of both Marriott International Inc (NASDAQ: MAR) and Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) are down around 7 percent year-to-date. Canaccord Genuity’s Ryan Meliker maintained a Hold rating on Marriott and a Buy rating on Starwood, with price targets of $83 and...