Hotels, Resorts & Cruise Lines

The U.S. dollar lost ground during the overnight trade as currency traders increased their appetite for yields, and the rebound in risk sentiment is likely to drive price action throughout the North American as the economic docket remains fairly light for Monday. Talking Points British Pound:...

Hospitality Properties (NYSE: HPT) Still In Talks With Marriott (NYSE: MAR), Reports Bloomberg

Credit Suisse is out with its report today on InterContinental Hotels (NYSE: IHG), reiterating Outperform. In a note to clients, Credit Suisse writes, "Although we anticipate negative EPS revisions of c3% after Q1 results due to quantification of Japan/MENA exposure we retain our Outperform rating...

The US Dollar is under pressure to start the trading week, with more of the same on tap as bargain-hunters push risky assets higher after last week's broad-based selloff. Overnight Headlines US Dollar Slumps as Stocks Rebound Across Asian Bourses Euro Edges Higher Despite Greek Sovereign...

Dollar bulls have found themselves vindicated – whether their support for the currency has come recently or was in place for the long haul. Through Friday's close, the EURUSD put in for a second dramatic decline (the biggest back-to-back drop in years) and closed out the worst week since the very...

Marriott International, Inc. (NYSE: MAR) today announced that its Board of Directors declared a one and a quarter cent ($0.0125) increase in the company's quarterly cash dividend, to ten cents ($0.10) per share of common stock, a 14 percent increase over the previous dividend amount. The dividend...

The 244K expansion in U.S. Non-Farm Payrolls certainly sparked a rebound in risk appetite, with the higher-yielding currencies gaining ground following the larger-than-expected rise in employment, but the data ultimately generated a bearish reaction in the USD, halting the near-term correction...

The US Dollar may give back some of this week's impressive gains as closely-watched labor market data show April saw the smallest jobs gain in three months. Overnight Headlines Japanese Yen Slumps on Amid FX Intervention Fears Aussie Dollar Soars on Hawkish RBA Quarterly Report Critical...

A long overdue correction was finally played out by the heavily battered dollar through Thursday's session. For the short-term bullish trader, the ‘why' is of little concern as move has been made. Dollar: What was the Catalyst for the Dollar Biggest Rally in Six Months and Will NFPs Keep it...

U.S. non-farm payrolls are projected to increase another 185K in April following the 216K expansion during the previous month, and the ongoing recovery in the labor market could generate a bullish reaction in the greenback as the prospects for future growth improves. Trading the News: U.S. Non-...

Choice Hotels International (NYSE: CHH) today announced that its Board of Directors declared a quarterly cash dividend of $0.185 per share of common stock. The dividend is payable on July 15, 2011 to shareholders of record on July 1, 2011.

The Euro sold off during the press conference with European Central Bank President Jean-Claude Trichet, and the near-term correction in the single-currency may gather pace going into the end of the week as the central bank softens its hawkish outlook for monetary policy. Talking Points British...

The Euro is likely to turn volatile as the ECB delivers its interest rate decision as conflicting indicators cloud the outlook for monetary policy over the coming months. Overnight Headlines New Zealand Dollar Gains on Unexpectedly Rosy Jobs Report Australian Dollar Sold on Disappointing...

Through the past week, the dollar has essentially gone nowhere – yet that is better than suffering the continued pain of a selloff that has already driven the pair the currency down for months. Looking at the Dow Jones FXCM Dollar Index, we see that the currency has moved little more than 100...

The Bank of England is widely expected to hold the benchmark interest rate at 0.50% while maintaining its asset purchase target at GBP 200B, but currency traders may show a bearish reaction to the announcement as interest rate expectations deteriorate. Trading the News: Bank of England Interest...