Hotels, Resorts & Cruise Lines

On CNBC's Fast Money, Karen Finerman said that she likes International Business Machines Corp. (NYSE: IBM), but she wouldn't buy it at this point, because she sees more downside for this stock. International Business Machines Corp. (IBM) fell 3.79% in the regular trading session, and it lost...

Cusick's Corner Crisis, big volume, and the market finished right off the lows as we enter into Expiration. This is going to add some fuel (as I noted in the Midday) because there are a lot of strategists who were short puts (long delta & short gamma), who are now selling the underlying to...

Shares of Marriott International (NYSE: MAR) are lower on the session by 1.58%, currently trading at $36.85. The stock has been moving largely lower over the past three months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today...

Marcus Corp (NYSE: MCS) reported a Q3 loss at $0.07 per share, versus the consensus of $0.05. MCS reported its Q3 revenue at $83.99 million, versus the consensus of $95.31 million. MCS shares fell 2.98% to close at $11.40 yesterday. Read more from Benzinga's Company news.

The Marcus Corporation (NYSE: MCS) today reported results for the third quarter ended February 24, 2011. Total revenues for the third quarter of fiscal 2011 were $83,997,000, a 12.9% decrease from record revenues of $96,444,000 for the third quarter of fiscal 2010. The company reported a net...

The overall tone of the meeting with Carnival's (NYSE: CCL) management was positive and Goldman Sachs walked away confident that despite rising fuel prices, the cruise sector continues to show solid fundamentals. With 2011 EPS guidance lowered on Friday, due to the recent spike in oil prices,...

Air traffic growth from 2 of the 3 top airlines in China was +5.1% y/y in February, a deceleration from +10.3% y/y in January and +8.5% y/y in 4Q10. Piper Jaffray notes that YoY air traffic comparisons became more difficult in Feb, but believe the air traffic deceleration seen in Jan/Feb is an...

Carnival Corporation & plc (NYSE: CCL) provides an update of its 2011 full year guidance in advance of the annual cruise industry convention to be held next week. The company now forecasts full year 2011 fully diluted earnings per share to be in the range of $2.50 to $2.60, compared to its...

Carnival Corporation & plc (NYSE: CCL) announces first quarter 2011 earnings. Earnings per share for the first quarter ended February 28, 2011 was $0.19 diluted, at the high end of its previous guidance range of $0.15 to $0.19. Adjusted earnings per share for the first quarter of 2010 was $0...

Silverleaf Resorts, Inc. (NASDAQ: SVLF) today reported the following results for its fourth quarter and year ended December 31, 2010. Net income of $5.8 million or diluted earnings per share of $0.15

Wyndham Worldwide Corporation (NYSE: WYN) announced today the expiration and final results of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 3.50% Convertible Notes due 2012 (the "Convertible Notes"). The Tender Offer expired at 12:00...

Morgans Hotel (Nasdaq: MHGC) announced today that it has scheduled its 2011 Annual Meeting of Stockholders to be held at Hudson in New York City at 10:00 AM Eastern time on May 18, 2011. The record date for determination of stockholders entitled to vote at the meeting has been set as the close of...

Goldman Sachs is raising its price target on shares of Orient Express Hotels Ltd. (NYSE: OEH) to $13 from $12, and is keeping its Neutral rating on shares. In a note to investors, Goldman writes, "Orient Express has exposure to luxury and super luxury hotel segments and we have become increasingly...

BroadSoft Inc (NASDAQ: BSFT) shares moved up 33.27% to $46.51 at 10:50 am. The volume of BSFT shares traded was 1530% higher than normal. BSFT reported better-than-expected Q4 results and issued upbeat projections. Pharmasset Inc (NASDAQ: VRUS) shares rose 7.39% to $66.53. The volume of VRUS...

From the International Hotel Investment Forum in Berlin, Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced that it will open 50 hotels in Europe, Africa and the Middle East over the next three to five years. With growth fueled by demand for its design-led and luxury...