-
Bears Set Sail With Carnival Corporation (CCL)
Wednesday, April 20, 2011 - 11:57am | 119Shares of Carnival Corporation (NYSE: CCL) are lower on the session by 0.29%, currently trading at $37.90. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
-
US Stock Futures Up After Strong Tech Sector Earnings; Intel ,Yahoo Shares Rise In Pre-Market Trading
Wednesday, April 20, 2011 - 5:10am | 505US stock futures are higher this morning, after strong earnings from the technology sector. Futures on the Dow Jones Industrial Average gained 109 points to 12,335.00 and futures on the S&P 500 stock index rose 15.20 points to 1,323.80. Nasdaq 100 futures surged 26.75 points to 2,337.75. On...
-
Earnings Scheduled For April 20 (ABT, NDAQ, MO, UNP, AAPL, MAR, T, QCOM, AXP, WFC, AMGN, FCX, AMR, YUM, ETFC, UTX)
Tuesday, April 19, 2011 - 11:24pm | 426Abbott Laboratories (NYSE: ABT) is expected to report its Q1 EPS at $0.90 on revenue of $8.81 billion. Nasdaq OMX Group Inc (NASDAQ: NDAQ) is estimated to post its Q1 earnings at $0.61 per share on revenue of $408.73 million. Altria Group Inc (NYSE: MO) is estimated to post its Q1 earnings at $0....
-
Earnings Scheduled For April 20 (ABT, NDAQ, MO, UNP, AAPL, MAR, T, QCOM, AXP, WFC, AMGN, FCX, AMR, YUM, ETFC, UTX)
Tuesday, April 19, 2011 - 11:19pm | 426Abbott Laboratories (NYSE: ABT) is expected to report its Q1 EPS at $0.90 on revenue of $8.81 billion. Nasdaq OMX Group Inc (NASDAQ: NDAQ) is estimated to post its Q1 earnings at $0.61 per share on revenue of $408.73 million. Altria Group Inc (NYSE: MO) is estimated to post its Q1 earnings at $0....
-
Developers Announce Agreement with Marriott International to Build a New 377-Room Hotel Tower Next to L.A. LIVE (MAR)
Tuesday, April 19, 2011 - 1:49pm | 100A seasoned development partnership with a strong record of success in downtown Los Angeles today announced an agreement with Marriott International, Inc. (NYSE: MAR) to develop a new 377-room hotel tower adjacent to L.A. LIVE. The 22-story high-rise will house two Marriott International hotel...
-
Jefferies Comments On Orient-Express Hotels Investor Meeting
Thursday, April 14, 2011 - 7:28am | 84According to Jefferies, Orient-Express Hotels (NYSE: OEH) hosted an investor meeting with senior management of OEH including CEO Paul White and new Chairman Bob Lovejoy. Jefferies reported that there is increasing clarity in management's branding and distribution strategy, strong embedded asset...
-
Piper Jaffray Overweight On Ctrip.com International (CTRP)
Thursday, April 14, 2011 - 6:20am | 138Piper Jaffray has an Overweight rating and a $50 price target on shares of Ctrip.com International (NASDAQ: CTRP). In a note to clients, Piper Jaffray writes, "Air traffic growth (RPKs) from 3 top airlines in China (China Southern, Air China & Hainan Airlines) was +4% y/y in March, a...
-
Options Brief: Royal Caribbean Cruises Ltd. (RCL)
Tuesday, April 12, 2011 - 11:28am | 95Shares of Royal Caribbean Cruises Ltd. (NYSE: RCL) are higher on the session by 1.79%, trading at $40.41. Overall call volume is now running at 2.11x the daily average, with 44% of all calls traded being purchases on the offer. 3,384 contracts have traded on the session so far. Royal Caribbean...
-
Top Performing Industries For April 12 (ZNH, CUK, ALK, BBW)
Tuesday, April 12, 2011 - 9:08am | 183At 10:05 am, the Dow dropped 0.79% to 12,283.14, the broader Standard & Poor's 500 index moved down 0.72% to 1,314.98 and the NASDAQ composite index fell 0.80% to 2,749.22. The industries that are still afloat in the market today are: Major Airlines: This industry jumped 1.34% by 10:05 am....
-
UPDATE: J.P. Morgan Color On MAR Price Reduction
Tuesday, April 12, 2011 - 6:38am | 142J.P. Morgan, which lowered its PT on shares of Marriott International, Inc. (NYSE: MAR) “We are trimming our RevPAR expectations for MAR following its disclosures late last month in front of our conference that its North American RevPAR growth will fall short of its prior expectations/guidance,”...
-
JP Morgan Lowers PT On Marriott Int'l To $47
Tuesday, April 12, 2011 - 5:50am | 27JP Morgan has lowered the price target on Marriott International (NYSE: MAR) from $50 to $47 and maintains its Overweight rating.
-
Marriott International to Open First Courtyard Hotel in Mexico City
Monday, April 11, 2011 - 9:35am | 52Marriott International (NYSE: MAR) announced plans today to open the first Courtyard by Marriott hotel in Mexico City, the 292-room Courtyard Mexico City Airport located directly across from international terminal number one at Benito Juarez International Airport. Hotel is expected to open in...
-
Ambassadors and Windstar Sale Process Proceeding as Planned
Wednesday, April 6, 2011 - 10:48am | 175Ambassadors International, Inc. (NASDAQ: AMIE) today announced that Windstar Cruises' luxury yachts are sailing as scheduled and all Windstar fares and reservations, including charter contracts, are being honored. U.S. Bankruptcy Court for the District of Delaware granted permission for Windstar...
-
Credit Suisse Highlights Recent Rating Changes, Coverage Assumptions
Wednesday, April 6, 2011 - 6:55am | 106Credit Suisse has released a report highlighting its rating changes and additions in coverage. Credit Suisse has downgraded its rating on Louisiana-Pacific Corp (NYSE: LPX) from Outperform to Neutral and maintains its $13 price target. The report shows Credit Suisse assuming the coverage on Royal...
-
Wyndham Worldwide Corp. VP Sells 22,000 Shares of WYN
Tuesday, April 5, 2011 - 4:01pm | 57In a Form 4 filed earlier today, Wyndham Worldwide Corp. (NYSE: WYN) Vice-President, Scott McLester, reported that he sold 22,000 shares of WYN on April 1st for an average price of $32.50. The transaction totaled $715,000. This sale was 10b5-1 Plan indicated. Mr. McLester owns 141,833 direct of...