-
Carnival Corporation Sees Additional Costs Totaling $0.20 per Share
Monday, June 13, 2011 - 8:17am | 85Carnival Corporation & plc (NYSE: CCL) expects the revised impact from the prolonged conflicts in the Middle East and North Africa region, as well as the earthquake and nuclear disaster in Japan, which combined resulted in over 300 deployment changes, will cost the company an additional $0.15...
-
Commercial Real Estate Week in Review
Saturday, June 11, 2011 - 12:01am | 400Commercial Real Estate Week in Review for the Week of June 4th to June 10th - REITs Are the Light at the End of the Economic Tunnel. - It's Quality vs. Quanity With Glimcher Realty Trust (NYSE: GRT). - REIT Investors May Need a Reality Check. - General Growth Properties (NYSE: GGP) Refinances Five...
-
GBP/USD: Trading the U.K. Consumer Price Report
Friday, June 10, 2011 - 4:14pm | 2851The headline reading for U.K. inflation is expected to hold steady at an annualized 4.5% in May, but a slower pace of core price growth could weigh on the British Pound as currency traders scale back speculation for a rate hike later this year. Trading the News: U.K. Consumer Price Index What'...
-
USD/CAD: Trading the Canadian Employment Report
Thursday, June 9, 2011 - 3:00pm | 2788The Canadian economy is anticipated to add another 20.0K jobs in May following the 58.3K expansion in the previous month, and the ongoing improvement in the labor market is likely to spark a bullish reaction in the local currency as growth prospects improve. Trading the News: Canada Net Change in...
-
Orient-Express Hotels Announces New Chairman of the Board.
Thursday, June 9, 2011 - 11:15am | 108Orient-Express Hotels Ltd. (NYSE: OEH) today confirmed the election of eight directors to its Board of Directors at the Company's 2011 Annual General Meeting of Shareholders on June 9, 2011, including two new independent directors, and the appointment of a new Chairman of the Board. The new...
-
Marriott Subsidiary, The Ritz-Carlton Hotel Company, Charts Global Expansion Plan
Thursday, June 9, 2011 - 9:03am | 91The Ritz-Carlton Hotel Company, L.L.C. has announced a major expansion and development initiative which it expects will bring the total number of properties in their portfolio to over 100 around the world by 2016. Ranging from Morocco to Mexico, Cairo to Chicago, this strategic plan will expand the...
-
USD/CAD: Trading the Canadian Employment Report
Wednesday, June 8, 2011 - 3:34pm | 2788The Canadian economy is anticipated to add another 20.0K jobs in May following the 58.3K expansion in the previous month, and the ongoing improvement in the labor market is likely to spark a bullish reaction in the local currency as growth prospects improve. Trading the News: Canada Net Change in...
-
Options Brief: Starwood Hotels & Resorts Worldwide
Wednesday, June 8, 2011 - 9:45am | 78Shares of Starwood Hotels & Resorts Worldwide (NYSE: HOT) are lower on the session by 1.71%, trading at $56.75. Overall put volume is now running at 4.33x the daily average, with 9% of all puts traded being purchases on the offer. 11,361 contracts have traded on the session so far. Starwood...
-
Earnings Preview for Vail Resorts
Wednesday, June 8, 2011 - 9:01am | 343Vail Resorts (NYSE: MTN) is set to report third-quarter fiscal 2011 results Thursday, June 9, after the markets close. In the past four quarters the stock saw a bump of about 3% following earnings; will the streak continue? Analysts are looking for the resorts operator to report that earnings grew...
-
Chief Chops Market 06-07-2011
Tuesday, June 7, 2011 - 6:03pm | 871Cusick's Corner The Chief spoke and the market was not impressed, but there was nothing said that was unexpected. Next issue is that the guidance coming out from various companies speaking at industry events has been even less inspiring. The market is getting into a more and more defensive mode...
-
Fed Chief Speaks Before Close 06-07-2011
Tuesday, June 7, 2011 - 2:43pm | 906Cusick's Corner Not surprised with the bounce into the Midday -- it would be surprising if it garners any momentum. Fed Chief is speaking this afternoon, right at the close, but I doubt that he will douse any fuel on the markets, i.e. QE talk. I will watch the action into the close because that...
-
Puts Purchased on Starwood Hotels & Resorts Worldwide
Tuesday, June 7, 2011 - 1:58pm | 119Shares of Starwood Hotels & Resorts Worldwide (NYSE: HOT) are higher on the session by 0.83%, currently trading at $58.06. The stock has been moving largely sideways over the past four months and is currently consolidating above the 200-day moving average. Options traders are buying puts on...
-
Puts Purchased on Ctrip.com International
Tuesday, June 7, 2011 - 12:11pm | 130Shares of Ctrip.com International (NASDAQ: CTRP) are lower on the session by 0.26%, currently trading at $42.50. The stock has been moving largely lower over the past four weeks and is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A short...
-
EUR/USD: Trading the U.S. Non-Farm Payrolls Report
Thursday, June 2, 2011 - 7:00am | 2734U.S. Non-Farm Payrolls are projected to increase another 170K in May, and the ongoing improvement in the labor market should spur a bullish reaction in the U.S. dollar as private sector spending remains one of the leading drivers of growth. Trading the News: U.S. Non-Farm Payrolls What's...
-
EUR/USD: Trading the U.S. Non-Farm Payrolls Report
Wednesday, June 1, 2011 - 4:06pm | 2769U.S. Non-Farm Payrolls are projected to increase another 170K in May, and the ongoing improvement in the labor market should spur a bullish reaction in the U.S. dollar as private sector spending remains one of the leading drivers of growth. Trading the News: U.S. Non-Farm Payrolls What's...