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Jefferies Downgrades Gaylord Entertainment To Hold, Lowers PT To $27
Friday, August 12, 2011 - 5:34am | 28Jefferies & Company has downgraded Gaylord Entertainment (NYSE: GET) from Buy to Hold and has lowered the price target from $40 to $27.
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Jefferies Upgrades Choice Hotels To Buy, Raises PT To $33
Friday, August 12, 2011 - 5:29am | 28Jefferies & Company has upgraded Choice Hotels (NYSE: CHH) from Underperform to Buy and has raised the price target from $26 to $33.
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Wyndham Worldwide Corporation Announces $500 Million Increase in Share Repurchase Program
Thursday, August 11, 2011 - 3:11pm | 126Wyndham Worldwide Corporation (NYSE: WYN) announced today that its Board of Directors increased the Company's share repurchase authorization by $500 million. The Board also declared a regular quarterly cash dividend of $0.15 per share on its common stock payable September 9, 2011 to shareholders...
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Brean Murray Raises PT on HMIN To $51
Thursday, August 11, 2011 - 6:10am | 32Brean Murray Carret & Company has raised the price target on Home Inns and Hotels Management (NASDAQ: HMIN) from $49 to $51 and maintains its Buy rating.
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Benzinga's Top Pre-Market Losers
Wednesday, August 10, 2011 - 6:44am | 144Micron Technology Inc (NASDAQ: MU) dipped 3.07% to $6.00 in the pre-market session. MU shares have dropped 14.86% over the past 52 weeks, while the S&P 500 index has gained 4.59% in the same period. Carnival Corporation (NYSE: CCL) lost 2.48% to $31.05 in the pre-market session. CCL shares...
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Earnings Scheduled For August 10
Wednesday, August 10, 2011 - 3:02am | 483Polo Ralph Lauren Corporation (NYSE: RL) is expected to report its Q1 EPS at $1.45 on revenue of $1.43 billion. Macy's Inc (NYSE: M) is estimated to report its Q2 earnings at $0.49 per share on revenue of $5.87 billion. Cisco Systems Inc (NASDAQ: CSCO) is projected to report its Q4 EPS at $0.38...
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Earnings Roundup
Tuesday, August 9, 2011 - 8:35am | 1311Dish Network Corp (NASDAQ: DISH) reported a 30% rise in its second-quarter profit. Dish Network's quarterly profit surged to $335 million, or $0.75 per share, from $257 million, or $0.57 per share, in the year-ago period. Its revenue climbed 13% to $3.59 billion. However, analysts were expecting...
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InterContinental Hotels Report 23% Rise In First-Half Operating Profit
Tuesday, August 9, 2011 - 3:37am | 61InterContinental Hotels Group PLC (NYSE: IHG) reported a rise in its first-half profit. InterContinental Hotels' operating profit surged 23% y/y to $269 million, versus analysts' estimates of $254 million. Its revenue rose 10% to $850 million. Its revenue per available room climbed 6.7% in the...
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UPDATE: BGB Upgrades Gaylord Entertainment to Buy, Maintains PT at $35
Monday, August 8, 2011 - 8:27am | 45BGB upgraded its rating on Gaylord Entertainment (NYSE: GET) from Hold to Buy. At the same time, the rating agency left its price target on the company's stock unchanged at $35. On Friday, GET closed the day at $24.75.
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BGB Upgrades Gaylord Entertainment To Buy, $35 PT
Monday, August 8, 2011 - 7:48am | 26BGB Securities has upgraded Gaylord Entertainment Company (NYSE: GET) from Hold to Buy while maintaining its $35 price target.
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Pre-Market Gainers 8/8
Monday, August 8, 2011 - 7:02am | 103Eastman Kodak (NYSE: EK) lost over 20% during pre-market trading after CEO commented on Friday that the company may sell its intellectual property. Cirrus Logic (NASDAQ: CRUS) lost over 14% in pre-market trading today. Northern Oil & Gas (NYSE: NOG) lost over 11% in pre-market trading today...
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Benzinga's Top Pre-Market Losers
Monday, August 8, 2011 - 6:43am | 111Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) dipped 10.65% to $41.85 in the pre-market session. HOT shares have dropped 5.35% over the past 52 weeks, while the S&P 500 index has gained 6.99% in the same period. VeriSign Inc (NASDAQ: VRSN) lost 10.13% to $26.00 in the pre-market...
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Class Action Suit Filed on Behalf of Royal Caribbean Cruises Shareholders
Friday, August 5, 2011 - 12:50pm | 156Brower Pivenn announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of Florida on behalf of purchasers of the common stock of Royal Caribbean Cruises (NYSE: RCL) during the period between January 27, 2011 and July 28, 2001, inclusive...
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Interval Leisure Group Authorizes Share Repurchase Program of $25M
Thursday, August 4, 2011 - 3:11pm | 88Interval Leisure Group (Nasdaq: IILG) the Board of Directors of Interval Leisure Group has authorized a stock repurchase program that enables the Company to purchase up to $25 million of its common stock. The amount and timing of specific repurchases are subject to market conditions, applicable...
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Jefferies Rating and PT Updates 8/4
Thursday, August 4, 2011 - 7:12am | 1311Jefferies made a number of rating and price target changes in a research report published today. AstraZeneca PLC (NYSE: AZN) had its rating upgraded from Underperform to Hold. On Wednesday, AZN lost 0.34% of its value to finish the day at $47. Its shares continued to slide in today's pre-market...