-
UPDATE: Cantor Fitzgerald Initiates Buy, $41 PT on Marriott International
Thursday, March 1, 2012 - 11:40am | 87Cantor Fitzgerald initiates its coverage on Marriott International (NYSE: MAR) with a Buy rating and a price target of $41 to reflect the company's pure-play leverage on the lodging recovery. Cantor Fitzgerald notes, "After spinning out timeshare, Marriott is a pure-play management and franchise...
-
Morning Social Media Outlook for Friday Feb 24 (DDD, FXEN, CRM, MAR)
Friday, February 24, 2012 - 11:04am | 420In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis. Provided by Social Market Analytics, here is the morning social...
-
Earnings Expectations for the Week of February 13
Sunday, February 12, 2012 - 2:39pm | 1114Analysts expect to see double-digit per-share earnings growth from Agilent Technologies (NYSE: A), Apache (NYSE: APA), CBS (NYSE: CBS), Comcast (NASDAQ: CMCSA), DirecTV (NASDAQ: DTV) and Marriot International (NYSE: MAR) when they report quarterly results this week. Other prominent reports on the...
-
Marriott International Declares Cash Dividend; Board Increases Stock Repurchase Authorization by 35M Shares
Friday, February 10, 2012 - 12:46pm | 100Marriott International, Inc. (NYSE: MAR) today announced that its board of directors declared a quarterly cash dividend of ten cents ($0.10) per share of common stock. The dividend is payable on March 30, 2012 to shareholders of record on February 24, 2012. Marriott also announced that its board...
-
Notable Put Options Activity in Marriott International
Tuesday, February 7, 2012 - 11:31am | 125Shares of Marriott International (NYSE: MAR) are higher on the session by 0.47%, currently trading at $36.32. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average. Options traders are focusing on puts today. The strike seeing...
-
Marcus Theatres® to Acquire Former OMNIMAX Theatre from Duluth Entertainment Convention Center
Thursday, February 2, 2012 - 8:08am | 174Marcus Theatres, a division of The Marcus Corporation (NYSE: MCS), today announced it will acquire the former OMNIMAX Theatre located in the Duluth Entertainment Convention Center adjacent to the company's 10-screen Duluth Cinema at 300 Harbor Drive. Marcus Theatres will convert the domed theatre,...
-
UPDATE: Goldman Sachs Upgrades Marriott International to Buy, Raises PT to $38
Wednesday, January 11, 2012 - 9:52am | 148Goldman Sachs upgrades Marriott International (NYSE: MAR) to Buy from Neutral and raises its price target to $38 from $32 as the company benefits from low supply growth and improving demand in lodging. Goldman Sachs lists the following catalysts: "(1) MAR RevPAR underperformance may end as the...
-
Goldman Sachs Upgrades Marriot International to Buy
Wednesday, January 11, 2012 - 7:52am | 28Goldman Sachs has upgraded Marriott International (NYSE: MAR) from Neutral to Buy and has raised the price target from $32 to $38.
-
End-of-Day Market Summary for January 10, 2012
Tuesday, January 10, 2012 - 4:16pm | 581This is your Benzinga news summary for Tuesday, January 10, 2012, covering headlines from Tuesday's daytime trading session. Today at market close, the Dow Jones Index traded up about 69.78 points or 0.56%, the S&P 500 traded 0.89% higher, the Nasdaq Composite Index traded up 0.97%, and the U....
-
UPDATE: Bank of America Upgrades Marriot, Raises PO to $40
Tuesday, January 10, 2012 - 11:16am | 136Bank of America raises its rating on Marriott (NYSE: MAR) to Buy and ups its price target to $40 as the company's returns accelerate and European exposure is reduced. Bank of America says, "We had 4 concerns in our August downgrade. Heading into 2012, we think each has been addressed: 1) EPS...
-
Financial Breakfast: Morning News Summary for January 10, 2012
Tuesday, January 10, 2012 - 7:25am | 1089Tuesday, January 10, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. • Wall Street may also have been named after Walloons because Waal may be a shortening for Walloons. Benzinga's Top News Bank of America...
-
Bank of America Upgrades Marriott International to Buy
Tuesday, January 10, 2012 - 6:44am | 29Bank of America has upgraded Marriott International (NYSE: MAR) from Neutral to Buy and has raised the price target from $32 to $40.
-
Earnings Roundup
Thursday, December 15, 2011 - 8:42am | 486FedEx Corp (NYSE: FDX) reported a rise in its fiscal second-quarter profit. FedEx's quarterly profit surged to $487 million, or $1.57 per share, from $283 million, or $0.89 per share, in the year-earlier period. Its revenue gained to $10.59 billion from $9.63 billion. However, analysts were...
-
UPDATE: Marcus Reports Rise In Q2 Earnings
Thursday, December 15, 2011 - 8:00am | 76The Marcus Corporation (NYSE: MCS) reported a rise in its second quarter earnings. Marcus' quarterly operating income climbed 15.8% to $6,261,000, from $5,406,000, in the year-ago period. Its net earnings surged 35.5% to $2,824,000, from $2,084,000. Marcus' earnings per share came in at $0.10, up...
-
Earnings Scheduled For December 15
Thursday, December 15, 2011 - 3:59am | 488Scholastic Corp (NASDAQ: SCHL) is projected to report its Q2 earnings at $2.33 per share on sales of $684.7 million. FedEx Corp (NYSE: FDX) is projected to report its FQ2 earnings at $1.53 per share on revenue of $10.59 billion. AAR Corp (NYSE: AIR) is expected to report its Q2 EPS at $0.46 on...