Hotels, Resorts & Cruise Lines

The US Dollar is poised continue higher against the major currencies, bolstered by safe haven demand as S&P 500 stock index futures point to continued risk aversion. Overnight Headlines Australian Dollar Tumbles on Disappointing April Jobs Data Euro, British Pound Consolidate After NY...

Household consumption in the U.S. is expected to increase another 0.6% in April, and the ongoing expansion in private sector spending is likely to reinforce an improved outlook for the world's largest economy as it remains one of the leading drivers of growth. Trading the News: U.S. Advance...

Silverleaf Resorts, Inc. (NASDAQ: SVLF) a leader in the development, marketing and operation of timeshare resorts, announced today that its shareholders have approved Silverleaf's merger with Resort Merger Sub Inc., an affiliate of Cerberus Capital Management, L.P. The merger was approved by...

The British Pound regained its footing on Wednesday as the Bank of England adopted a hawkish outlook for monetary policy, and the sharp rebound in the GBP/USD should gather pace going forward as the pair maintains the upward trend from earlier this year. Talking Points British Pound: BoE...

The impressive climb the dollar was able to manage last week has fully stalled. What we need to determine now is whether this lack of momentum is merely a period of consolidation or the beginning of a revived selling effort. Looking back to the genesis of this counter-trend move (there is no...

Employment in Australia is projected to increase another 17.0K in April after expanding 37.8K during the previous month, and the ongoing improvement in the labor market should spur a bullish reaction in the high-yielding currency as policy makers maintain a positive outlook for the region....

Kaufman Brothers analysts raised their price target on shares of Rackspace Hosting Inc. (RAX) from $35.00 to $38.00. Rackspace Hosting, Inc. operates in the hosting and cloud computing industry. RBC Capital analysts raised their price target on shares of Rosetta Resources Inc. (ROSE), an...

Celanese Corp (CE), a technology and specialty materials company, raised its 2013 earnings guidance ahead of its investor conference. Celanese Corporation is trading at a price of $33.68 ,a dramatic change of 0.41 with % change of 1.23 from its previous day's close. Currently, the company has a...

Dean Foods Co (NYSE: DF) reported a 41% decline in its first-quarter profit on Tuesday. The company reported its Q1 profit at $25.3 million, or $0.14 per share, compared with $43.2 million, or $0.24 per share, in the year-earlier period. The company's net sales increased 3% to $3.05 billion....

BMC reiterated its Buy rating on Home Inns and Hotels Management (NASDAQ: HMIN). In a research report published today, BMC decided to leave its price target unchanged at $49 after Home Inns reported Q1 results in line with market expectations. In yesterday's trading, Home Inns lost 0.27% of its...

Goldman Sachs is out with its report today on Home Inns & Hotel Management (NASDAQ: HMIN), lowering its PT from $53 to $52. In a note to clients, Goldman Sachs writes, "We fine-tune our 2011E-2013E EPS by -1% to +3% on 1Q's cost run-rates and 2010 annual report disclosures, with a new 12-month...

InterContinental Hotels Group PLC (NYSE: IHG) reported a 28% rise in its first-quarter net profit on Tuesday. The company's net profit came in at $69 million, versus $54 million, in the year-earlier period. The company's revenue climbed to $396 million from $362 million. Its global revenue per...

The US Dollar may rise on safety demand as stock index futures point toward risk aversion. Swiss inflation figures headline the economic calendar in Europe. Overnight Headlines NZ Dollar Slumps as IM Says Currency More than 20% Overvalued UK Retail Sales Rise Most in Five Years, Seasonal...

After the impressive performance it posted last week, the dollar was bound to ease off it rally to start this week. This is especially true considering the greenback borrowed much of its strength through the pains of its benchmark counterpart (the euro) rather than generating the move on its own...

The Bank of England is likely to retain a neutral tone in its quarterly inflation report as the recovery in the U.K. cools, and the central bank may see scope to maintain its current policy throughout most of 2011 as the economic outlook remains clouded with high uncertainty. Trading the News:...