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UPDATE: Jefferies Lowers PT on Marriott International to $43
Monday, August 1, 2011 - 7:23am | 94Jefferies is out with its report today on Marriott International (NYSE: MAR), lowering its PT from $45 to $43. In its report, Jefferies writes, "Our price target is $43 from $45. We maintain our view that with the recovery ongoing and MAR becoming a more meaningful participant in 2012, peak...
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Benzinga's Top Pre-Market Gainers
Monday, August 1, 2011 - 6:41am | 92Broadcom Corporation (NASDAQ: BRCM) rose 5.93% to $39.27 in the pre-market session. BRCM's PEG ratio is 0.78. Marriot International Inc (NYSE: MAR) added 4.62% to $34.00 in the pre-market session. MAR's trailing-twelve-month ROE is 41.70%. Halliburton Company (NYSE: HAL) moved up 4.15% to $57.00...
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Morgan Stanley Reiterates Overweight on Starwood Hotels
Monday, August 1, 2011 - 5:26am | 47Morgan Stanley reiterated its Overweight rating on Starwood Hotels (NYSE: HOT). At the moment, the rating agency has a price target of $71 placed on the company's stock. On Friday, HOT lost 0.72% of its value to end the week at $54.96.
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Jefferies Lowers PT on Marriott International To $43
Monday, August 1, 2011 - 5:24am | 27Jefferies & Company has lowered the price target on Marriott International (NYSE: MAR) from $45 to $43 and maintains its Buy rating.
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Stocks to Watch for Monday 8/01/2011: Fresh 52 Week Highs and Lows
Sunday, July 31, 2011 - 9:55pm | 3407Stocks 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 Friday's trading session (listed from highest total volume to...
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Cutting Taxes to Create Jobs is a Lie
Friday, July 29, 2011 - 11:39am | 1441For thirty years, Republicans have behaved exactly like dolls with pull strings. Tug on the back, and they repeat, without fail, "we need to cut taxes on businesses so they can create jobs". Likewise, for thirty years, Democrats have tried to tell Republicans that this is a terrible idea. "Reality...
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Jefferies Reports On Gaming & Lodging
Friday, July 29, 2011 - 9:14am | 122Jefferies released a report on Gaming & Lodging. Here are the key points: Starwood (NYSE: HOT) announced EPS of $0.50, which was $0.01 behind initial estimates. They have a rating of Buy and closed yesterday at $55.36. Morgans Hotel Group (NASDAQ: MHGC) reported a new $100 credit facility...
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Will Bonds Rally, Yields Go Down? 07-28-2011
Thursday, July 28, 2011 - 5:38pm | 1094Cusick's Corner I thought the market was going to get a little lift into the After Hours with Finance, XLF, and Tech, QQQ/XLK, leading but that is not the case, squeezing more longs out of the market. I have ratcheted down my size in trades at this stage, and will be watching the headlines for any...
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Gridlock Continues 07-28-2011
Thursday, July 28, 2011 - 1:52pm | 1096Cusick Corner Gridlock continues and hedging was the name of the game. This will be short because this budget impasse makes trading or investing dicey at best. If we go into the weekend with no resolution and more politicking, volatility will continue to grow and further uncertainty will turn into...
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Rodman & Renshaw Reiterates Market Outperform on Wyndham Worldwide, Raises PT to $52
Thursday, July 28, 2011 - 8:02am | 44Rodman & Renshaw reiterated its Market Outperform rating on Wyndham Worldwide (NYSE: WYN). At the same time, the rating agency raised its price target on the company's stock from $50 to $52. On Wednesday, WYN closed the day at $34.73.
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Earnings Roundup
Thursday, July 28, 2011 - 7:42am | 1660Kellogg Co (NYSE: K) reported a 14% rise in its second-quarter profit. Kellogg reported its quarterly profit at $343 million, or $0.94 per share, up from $302 million, or $0.79 per share, in the year-ago period. Its sales climbed 11% to $3.39 billion. However, analysts were expecting a profit of $0...
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UPDATE: Starwood Reports Upbeat Q2 Profit, Lifts Full-Year Forecast
Thursday, July 28, 2011 - 6:42am | 114Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) reported a 15% rise in its second-quarter earnings and raised its full-year earnings forecast. Starwood reported its quarterly profit at $131 million, or $0.68 per share, up from $114 million, or $0.61 per share, in the year-ago period....
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Earnings Scheduled For July 28
Thursday, July 28, 2011 - 4:02am | 559Astrazeneca PLC (NYSE: AZN) is expected to report its Q2 EPS at $1.80 on revenue of $8.19 billion. Exxon Mobil Corporation (NYSE: XOM) is projected to report its Q2 EPS at $2.33 on revenue of $121.39 billion. Bristol-Myers Squibb Company (NYSE: BMY) is estimated to report its Q2 EPS at $0.55 on...
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Stocks To Watch For July 28
Thursday, July 28, 2011 - 3:24am | 280Some of the stocks that may grab investor focus today are: Wall Street expects Kellogg Company (NYSE: K) to report its Q2 EPS at $0.91 on revenue of $3.29 billion. Kellogg shares dropped 0.43% to close at $55.55 yesterday. Akamai Technologies Inc (NASDAQ: AKAM) reported its Q2 profit at $47.9...
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Stocks to Watch for Thursday 7/28/2011: Fresh 52 Week Highs and Lows
Thursday, July 28, 2011 - 1:37am | 3403Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more clearly defined. The following stocks hit new 52-week highs in Wednesday's trading session (listed from highest total volume to...