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Oppenheimer Increases HMIN Estimates
Tuesday, March 8, 2011 - 10:15am | 78Oppenheimer is raising its 2011 and 2012 estimates on shares of Home Inns & Hotels Management Inc. (NASDAQ: HMIN). “We're largely maintaining our 2011 and 2012 revenue estimates but increasing our margin expectation for both years,” Oppenheimer writes. “Our 2011/2012 adjusted EBITDA margin...
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J.P Morgan Gives Color On Marriott International Following Management Meetings
Tuesday, March 8, 2011 - 9:43am | 198J.P Morgan recently met with Marriott's (NYSE: MAR) president and COO, CFO, SVP of global marketing and IRO at MAR's headquarters in Bethesda, MD. In general, JPM walked away from these meetings encouraged by current operating trends and MAR's unit growth opportunities. Given the recent weakness in...
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Deutsche Bank Reviews HMIN 4Q
Tuesday, March 8, 2011 - 9:40am | 155Deutsche Bank is commenting on Home Inns & Hotels Management Inc.'s (NASDAQ: HMIN) 4Q results, which it says were “a strong beat on better-than-expected margins as new unit adds were back-end loaded. '11 revenue guidance makes sense to us given the openings schedule, and could prove...
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UPDATE: Goldman Sachs Raises PT on Home Inns & Hotels Management to $53 (HMIN)
Tuesday, March 8, 2011 - 7:34am | 113Goldman Sachs is out with its report today on Home Inns & Hotels Management (NASDAQ: HMIN), raising its price target from $52.50 to $53. In its report sent to clients, Goldman Sachs states, "We fine-tune our 2011E-2013E EPS on slightly better cost savings and our 12-m EV/EBITDA-based TP to US$...
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Mad Money Lightning Round: Cramer Prefers Polypore To Advanced Battery Technologies (HOT, PPO, ABAT, MRO)
Tuesday, March 8, 2011 - 2:22am | 134On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Starwood Hotels & Resorts (NYSE: HOT) is a “great stock.” He added, “If you like the company, you buy more. If you don't know anything about it, sell it." Cramer prefers Polypore International (NYSE: PPO) to Advanced Battery...
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Mad Money Lightning Round OT: Cramer Shares His Thoughts On SFLY, MCP And CTRP
Monday, March 7, 2011 - 7:57pm | 225On CNBC's Mad Money Lightning Round OT, Jim Cramer said that Shutterfly, Inc. (NASDAQ: SFLY) could move higher, but he prefers Netflix, Inc. (NASDAQ: NFLX) and OpenTable Inc (NASDAQ: OPEN). He warned investors that these stocks should not be bought until the situation with Libya resolves....
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US Stock Futures Flat As Crude Oil Rises Above $106 Per Barrel
Monday, March 7, 2011 - 6:11am | 366US stock futures are mixed this morning, as crude oil futures surged above $106 per barrel. Futures on the Dow Jones Industrial Average fell 2 points to 12,152.00 and futures on the S&P 500 stock index dropped 0.10 point to 1,320.20. Nasdaq 100 futures rose 2.75 points to 2,362.50. The blue-...
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Earnings Scheduled For March 7 (KCAP, URBN, KRO, HMIN, CASY, OSIR, FLL, IPCM, CIEN, OUTD, SHEN, PWRD)
Monday, March 7, 2011 - 2:53am | 356Kohlberg Capital Corporation (NASDAQ: KCAP) is projected to report its Q4 earnings at $0.17 per share on revenue of $6.53 million. Urban Outfitters Inc (NASDAQ: URBN) is estimated to post its Q4 earnings at $0.52 per share on revenue of $674.92 million Kronos Worldwide Inc (NYSE: KRO) is...
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Thursday's Put/Call Ratio Leaders (LINTA, SPWRB, CEDC, WYN, BEN)
Thursday, March 3, 2011 - 12:42pm | 96Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Liberty Media Holding Corporation (NASDAQ: LINTA) 11,001 puts, 16 calls 2. SunPower Corporation (NASDAQ: SPWRB) 4,670 puts, 133 calls 3. Central European Distribution Corp. (NASDAQ:...
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Red Lion Hotels Reports Q4 EPS of $0.24 vs. $(0.17)
Wednesday, March 2, 2011 - 4:04pm | 124Red Lion Hotels Corporation (NYSE: RLH) today announced its results from continuing operations for the fourth quarter ended December 31, 2010. Total revenue during the fourth quarter was $36.9 million, up 2.5 percent from $36.0 million in the prior year period. Revenue from hotels was $33.1...
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IHG Signs Agreement for the First Staybridge Suites in Central America
Wednesday, March 2, 2011 - 3:12pm | 81IHG (NYSE: IHG) announced that it has signed a 15-year license agreement with Shakir Investment Group for a new-build Staybridge Suites hotel, scheduled to open in late 2012 in Panama City, Panama. It will be the first Staybridge Suites property in Central America, and the second in Latin America...
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Starwood Hotels to Open Six New Hotels in Latin America
Wednesday, March 2, 2011 - 9:47am | 95Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced it will accelerate growth in Latin America with six new hotels opening in 2011, resulting in a portfolio of nearly 70 hotels in 13 countries by year's end. This week, Starwood President and CEO Frits van Paasschen, President...
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Hudson Maintains Buy on Royal Caribbean Cruises (RCL)
Wednesday, March 2, 2011 - 8:57am | 103Hudson is out with its report today on Royal Caribbean Cruises, (NYSE: RCL) maintaining Buy. In a note to clients, Hudson writes, "RCL shares are down over $6 or 13% in the past 6 trading days as oil prices have spiked in reaction to ongoing unrest in the Middle East, especially in Libya. We would...
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Morgans Hotel Group Announces Hard Rock JV Settlement Agreement
Wednesday, March 2, 2011 - 8:37am | 124Morgans Hotel Group Co. (Nasdaq: MHGC) announced today that the Hard Rock joint venture, in which the company holds a minority interest, has reached a settlement agreement with its lenders effective March 1, 2011. Pursuant to the terms of the settlement, the Hard Rock joint venture's equity...
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Fast Money Pops & Drops, March 1st (CCL, BYD, LO, EMN, VVUS)
Tuesday, March 1, 2011 - 8:41pm | 277On CNBC's Fast Money Pops & Drops, Tim Seymour said that COO of Carnival Corporation (NYSE: CCL) sold 180,000 shares in late February. He thinks that it would be smart to stay away from this stock. Carnival Corporation (CCL) fell 6.07% today, and closed at $40.08. Pete Najarian commented on...