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Benzinga's Top Pre-Market Losers
Thursday, July 14, 2011 - 7:31am | 122Marriot International (NYSE: MAR) dipped 5.09% to $35.25 in the pre-market session. MAR projects earnings of $1.35 to $1.43 per share for the full year, versus analysts' estimates of $1.42 per share. Hartford Financial Services Group Inc (NYSE: HIG) moved down 4.22% to $24.52 in the pre-market...
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JP Morgan Comments on Marriott's Mixed Results and Outlook
Thursday, July 14, 2011 - 7:21am | 135Marriott (NYSE: MAR) reported 2Q11 EPS of $0.37, “in line with our/Street's estimate, though quality was mixed and, in all candor, there were many things to pick at,” JP Morgan reports. “2Q11 worldwide RevPAR growth of 7.7% was in line with our 7.8% estimate, but lodging fees of $319m were $10m...
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Citi Maintains Buy on Carnival
Thursday, July 14, 2011 - 6:50am | 120Citi is out with its report today on Carnival (NYSE: CCL), maintaining Buy. In a note to clients, Citi writes, "Trading at around 12.5x and 10x earnings for CCL and RCL (NYSE: RCL) respectively, we believe both stocks are incorporating fairly negative sentiment. However, we think trends are not as...
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US Stock Futures Mixed; JP Morgan Results In Focus
Thursday, July 14, 2011 - 5:53am | 397US stock futures are mixed this morning, as investors are awaiting quarterly results from JP Morgan Chase & Co (NYSE: JPM). Futures on the Dow Jones Industrial Average dropped 12 points to 12,413.00 and futures on the S&P 500 stock index fell 1.40 points to 1,310.80. Nasdaq 100 futures...
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Stocks To Watch For July 14
Thursday, July 14, 2011 - 12:54am | 293Some of the stocks that may grab investor focus today are: Wall Street expects JP Morgan Chase & Co (NYSE: JPM) to report its Q2 EPS at $1.21 on revenue of $25.13 billion. JPM shares gained 0.20% to $39.70 in after-hours trading. Marriott International (NYSE: MAR) reported a 13% rise in its...
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Marriott International Earnings Beat Expectations
Wednesday, July 13, 2011 - 5:27pm | 325With an increase in profit, Marriott International (NYSE: MAR) beat analysts' expectations in the second quarter. To figure out why, let's first dig into the numbers. Then we can look a bit deeper and see what action you can take. The Big Numbers: Marriott International posted an EPS above...
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Marriott International Dives on Q2 Earnings Results
Wednesday, July 13, 2011 - 3:34pm | 250Shares of Marriott International (NYSE: MAR) are moving lower in the after-hours following the release of the company's Q2 earnings results. Currently, shares are lower by 3.07%, trading at $36.00; they ended the regular session higher by 0.87%, trading at $37.14. Marriott International reported...
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Calls Purchased on Carnival Corporation
Wednesday, July 13, 2011 - 11:35am | 113Shares of Carnival Corporation (NYSE: CCL) are higher on the session by 0.58%, currently trading at $17.48. The stock has been moving largely lower over the past six months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while...
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Carnival Declares Dividend of $0.25/Share
Wednesday, July 13, 2011 - 11:13am | 50Carnival (NYSE: CCL) (NYSE: CUK) has announced that it has declared a dividend of $0.25 per share. The boards approved a record date for the quarterly dividend of August 26, 2011, and a payment date of September 16, 2011.
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Comstock Homebuilding Companies Announces Strategic Alliance With SunBridge Capital Management; SunBridge to Give Up to $45M New Debt Financing
Wednesday, July 13, 2011 - 8:39am | 138Comstock Homebuilding Companies, Inc. (NASDAQ: CHCI) announced that it has formed a strategic alliance with SunBridge Capital Management, LLC, a private investment management firm supported by the Bainum family, a prominent Washington, DC family with investment interests that include Choice Hotels...
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Benzinga's Top Upgrades
Wednesday, July 13, 2011 - 7:18am | 131Analysts at Robert W. Baird upgraded Marriot International Inc (NYSE: MAR) from “neutral” to “outperform.” MAR's shares closed at $36.82 yesterday. Marriot's trailing-twelve-month ROE is 38.76%. Analysts at Goldman Sachs upgraded McGraw-Hill Companies Inc (The) (NYSE: MHP) from “neutral” to “buy...
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A Peek Into The Market Before The Trading Starts
Wednesday, July 13, 2011 - 7:07am | 376Pre-open movers US stock futures are higher this morning, after upbeat Chinese growth data. Futures on the Dow Jones Industrial Average surged 75 points to 12,488.00 and futures on the S&P 500 stock index rose 9.10 points to 1,319.80. Nasdaq 100 futures gained 17.50 points to 2,362.00. A...
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News Summary for July 13, 2011
Wednesday, July 13, 2011 - 6:58am | 580This is your Benzinga news summary and traders' outlook for Wednesday, July 13, 2011, covering headlines from overnight and Wednesday’s pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher as investors wait to see what Federal Reserve Chairman Ben...
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PiperJaffray Maintains Rating on Ctrip.com International
Wednesday, July 13, 2011 - 6:30am | 111PiperJaffray has published a research report on Ctrip.com (NASDAQ: CTRP) International, updating shareholders on the company. In the report, Piper Jaffray writes, "We continue to believe Ctrip's +15-20% y/y net RMB revenue growth guidance for Q2 is conservative and we are modeling for RMB revenue...
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US Stock Futures Signal Higher Start On Wall Street
Wednesday, July 13, 2011 - 5:06am | 354US stock futures are higher this morning, after upbeat Chinese growth data. Futures on the Dow Jones Industrial Average surged 63 points to 12,476.00 and futures on the S&P 500 stock index rose 7.90 points to 1,318.60. Nasdaq 100 futures gained 17.25 points to 2,361.75. US stocks closed lower...