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A Peek Into The Markets: US Stock Futures Gain Ahead Of Earnings Reports
Tuesday, October 19, 2021 - 6:58am | 659Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Nasdaq index climbed around 125 points in the previous session. Investors are awaiting earnings results from Johnson & Johnson (NYSE: JNJ), Procter & Gamble Co (NYSE: PG), Netflix Inc (NASDAQ: NFLX) and...
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A Peek Into The Markets: US Stock Futures Gain; Goldman Sachs Earnings In Focus
Friday, October 15, 2021 - 6:04am | 783Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Dow Jones surged more than 500 points in the previous session. Investors are awaiting earnings results from Goldman Sachs Group (NYSE: GS), PNC Financial Services Group (NYSE: PNC), Charles Schwab (NYSE: SCHW...
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Marriott Signs Agreement To Debut Westin Hotels & Resorts In Brazil
Friday, October 15, 2021 - 5:53am | 169Marriott International Inc (NASDAQ: MAR) has signed a franchise agreement with Hotéis Deville for the first Westin Hotels & Resorts in São Paulo, Brazil. The property, featuring 187 rooms, expects to welcome its first guests in the spring of 2024. The...
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Marriott Signs Deal To Debut W Hotel In Tuscany
Monday, September 20, 2021 - 12:48pm | 165Marriott International Inc (NASDAQ: MAR) has signed an agreement with Progetto Majestic S.r.l. to bring the W Hotels Worldwide brand to the Tuscan city of Florence, Italy. The company expects the hotel to become functional in 2023. The hotel is expected to feature 120...
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Marcus Q2 Result Tops Consensus; Expenses Soar
Wednesday, August 4, 2021 - 3:53pm | 187Marcus Corp (NYSE: MCS) reported second-quarter FY21 sales growth of 1066% year-on-year, to $92.55 million, beating the analyst consensus of $83.53 million. Operating loss narrowed 50.8% Y/Y to $(26.1) million. Total costs and expenses soared 94.5% Y/Y to $118.7 million. The company...
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Not Quite Full-Speed Ahead? Solid Earnings, But Still Awaiting End-Of-Week Jobs Report
Wednesday, August 4, 2021 - 10:15am | 2034We started the week with risk-off sentiment and choppy markets. The choppiness could remain until the payrolls number comes out on Friday. But the mood seems to have shifted back toward risk, for now. Wednesday has started out pretty much flat to slightly higher after stock indices were able to...
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Marriott International Posts Mixed Q2 Results, Expects Material Impact Due To COVID-19
Tuesday, August 3, 2021 - 9:10am | 290Marriott International Inc (NASDAQ: MAR) reported second-quarter FY21 sales growth of 115.1% year-on-year, to $3.149 billion, missing the analyst consensus of $3.16 billion. Comparable systemwide constant dollar revenue per available room (RevPAR) increased 262.6% Y/Y worldwide, 274...
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Tech Downturn Advances, With Apple, Tesla Coming Under Early Pressure
Tuesday, May 11, 2021 - 10:19am | 2315You can observe a lot by watching, according to baseball great Yogi Berra. Well, we’ve started to observe a little more caution creeping into the market. It’s arguably there in bonds, where the 10-year yield continues to pivot around 1.6%, well off its March high and not getting...
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Wynn, Marriott Start The Week's Earnings Parade, With Disney Waiting in Wings
Monday, May 10, 2021 - 10:30am | 2249If last week was all about jobs, this week is all about prices. Considering how much people worry about inflation these days, two key reports should give us a much better idea whether it’s actually a fact on the ground. Wednesday brings the April consumer price index (CPI), which rose a...
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Silver Lining: Disappointing Jobs Report May Dampen Worry About Overheating Economy
Friday, May 7, 2021 - 10:13am | 1770This week’s big jobs report is now in the rearview mirror, and Wall Street may be eager to move on from it. The nonfarm payrolls report this morning showed the economy added just 266,000 jobs, far less than expected. And the unemployment rate rose to 6.1% from 6% last time around. A Briefing....
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Uber, Lyft Try To Lure Drivers With Incentives As Rider Demand Increases
Monday, May 3, 2021 - 11:44am | 1411The stock market has been doing some soul searching lately, and that’s particularly reflected in the stock prices of ride-hailing companies Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT). Investors seem to still be grappling with proper valuation between and among...
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What Does Marriott's Debt Look Like?
Monday, December 21, 2020 - 8:17am | 8423Shares of Marriott Intl (NASDAQ: MAR) moved higher by 37.21% in the past three months. Before having a look at the importance of debt, let us look at how much debt Marriott Intl has. Marriott Intl's Debt According to the Marriott Intl’s most recent balance sheet as reported on November 6...
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Mid-Afternoon Market Update: Dow Turns Higher; Nabriva Therapeutics Shares Slide
Friday, December 11, 2020 - 3:30pm | 725Toward the end of trading Friday, the Dow traded up 0.08% to 30,023.53 while the NASDAQ fell 0.52% to 12,341.36. The S&P also fell, dropping 0.30% to 3,657.04. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 15,617,920 cases with around 292,190...
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Marcus's Debt Overview
Tuesday, November 3, 2020 - 10:25am | 405Over the past three months, shares of Marcus (NYSE: MCS) moved lower by 42.09%. Before having a look at the importance of debt, let us look at how much debt Marcus has. Marcus's Debt According to the Marcus’s most recent financial statement as reported on August 4, 2020, total debt is at...
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Stocks That Hit 52-Week Lows On Thursday
Thursday, October 15, 2020 - 10:21am | 826During Thursday's morning trading, 20 companies set new 52-week lows. Noteables: China Petroleum & Chem (NYSE: SNP) was the biggest company in terms of market cap to set a new 52-week low. The smallest company by market cap to set a new 52-week low was Artelo Biosciences (NASDAQ:...