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Benzinga's Top Pre-Market Losers
Thursday, August 4, 2011 - 6:52am | 121Dendreon Corporation (NASDAQ: DNDN) dipped 61.10% to $13.94 in the pre-market session. DNDN withdrew its full-year revenue projections and posted wider-than-expected quarterly loss. Northrop Grumman Corporation (NYSE: NOC) lost 4.36% to $54.62 in the pre-market session. NOC shares have dropped 4....
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Bank of America Downgrades Gaylord Entertainment to Neutral, Slashes PT to $33
Wednesday, August 3, 2011 - 8:35am | 51Bank of America downgraded its rating on Gaylord Entertainment (NYSE: GET) from Buy to Neutral. At the same time, the rating agency reduced its price target on the company's stock from $45 to $33. In today's trading, GET added 1.07% to its value to stand around $27.44.
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Bank of America Downgrades Marriott International to Neutral, New PT at $34
Wednesday, August 3, 2011 - 8:32am | 45Bank of America downgraded its rating on Marriott International (NYSE: MAR) from Buy to Neutral. At the same time, its new price target was set at $34. In today's trading, MAR lost 0.33% of its value to stand around $30.36.
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Credit Suisse Upgrading Choice Hotels
Wednesday, August 3, 2011 - 7:54am | 132Credit Suisse is upgrading shares of Choice Hotels (NYSE: CHH) to Neutral and it has a $30 price target on shares. In a note to clients, Credit Suisse writes, "Given that CHH shares have fallen 27% since February versus a 1.5% decline in the S&P 500, we see limited downside and have upgraded...
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Bank of America Downgrades Marriott International To Neutral, Lowers PO To $34
Wednesday, August 3, 2011 - 7:45am | 29Bank of America has downgraded Marriott International (NYSE: MAR) from Buy to Neutral and has lowered the price objective from $40 to $34.
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Bank of America Downgrades Gaylord Entertainment To Neutral, Lowers PT To $33
Wednesday, August 3, 2011 - 7:44am | 30Bank of America has downgraded Gaylord Entertainment Company (NYSE: GET) from Buy to neutral and has lowered the price objective from $45 to $33.
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Top 4 Small-Cap Stocks In The Lodging Industry With The Highest Cash
Wednesday, August 3, 2011 - 3:15am | 136Below are the top small-cap lodging stocks on the NYSE and the NASDAQ in terms of cash. Home Inns & Hotels Management Inc (NASDAQ: HMIN) had $355.40 million in total cash and $211.13 million in total debt for the latest quarter. China Lodging Group Limited (NASDAQ: HTHT) had $155.58 million...
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Stocks to Watch for Wednesday 8/03/2011: Fresh 52 Week Highs and Lows
Wednesday, August 3, 2011 - 12:05am | 5002Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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Rodman & Renshaw Raises Great Wolf Resorts Rating, Establishes PT
Tuesday, August 2, 2011 - 3:48pm | 83Rodman & Renshaw raised its Great Wolf Resorts (NASDAQ: WOLF) rating to Market Outperform, and established a Great Wolf Resorts price target of $5 in a research report published today. In the report, Rodman & Renshaw states, "As a provider of relatively low cost “stay-cations”, we believe...
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Aw Snap, Is Market Gonna Crackle or Pop?
Tuesday, August 2, 2011 - 2:53pm | 1055Cusick's Corner The vote is over. The debt crisis, well at least the missed payment, has past until 2013 and the market is now focused on the data that continues to disappoint. The Spending data is flagging a less than active consumer, a potential signal of a slowing employment market, while...
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UPDATE: Piper Jaffray Lowers PT on Ctrip.com International
Tuesday, August 2, 2011 - 6:22am | 78Piper Jaffray is out with its report today on Ctrip.com International (NASDAQ: CTRP), lowering its PT from $49 to $47. In its report, Piper Jaffray writes, "We are slightly lowering our PT to $47, on an unchanged multiple of 25x CY12E PF EPS. With the shares trading at ~$41 after hours, we...
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Piper Jaffray Lowers PT On Ctrip.com To $47
Tuesday, August 2, 2011 - 5:12am | 28Piper Jaffray has lowered the price target on Ctrip.com International (NASDAQ: CTRP) from $49 to $47 and maintains its Overweight rating.
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Stocks to Watch for Tuesday 8/02/2011: Fresh 52-Week Highs and Lows
Tuesday, August 2, 2011 - 3:20am | 3164Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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Wyndham Vacation Rentals Acquires The Resort Company
Monday, August 1, 2011 - 3:06pm | 109Wyndham Worldwide (NYSE: WYN) today announced that Wyndham Vacation Rentals, the world's largest full-service vacation rentals business, has acquired substantially all of the assets of The Resort Company LLC. All of the TRC resorts will join the Wyndham Vacation Rentals portfolio which includes...
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Priceline.com Earnings Preview: Analyts Expect Higher Earnings, Revenue
Monday, August 1, 2011 - 9:30am | 578Priceline.com (NASDAQ: PCLN) releases its next round of earnings this Thursday, August 4, 2011. Here is Benzinga's everything-that-matters guide for this Thursday's second quarter earnings announcement. Earnings and Revenue: Analysts are predicting an EPS reading of $4.58/share and revenues...