New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 19, 2012
08:50 EDTHST, CHH, PEB, MAR, LHOBarclays to host a field trip
Lodging Field Trip travels throughout Silver Spring and Bethesda, Maryland on November 19.
News For CHH;LHO;PEB;HST;MAR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
February 19, 2015
13:02 EDTMARMarriott files automatic mixed securities shelf
Subscribe for More Information
10:31 EDTMARMarriott sells Miami Beach EDITION for $230M in cash proceeds
Marriott announced it has sold The Miami Beach EDITION hotel for cash proceeds of $230M. The sale is the second in a series of three anticipated sales of Marriott-owned EDITION hotels to companies ultimately owned by the Abu Dhabi Investment Authority. The agreement with ADIA for the sale of these three EDITION hotels was announced when the first, The London EDITION, was sold to ADIA in January 2014. Marriott expects to sell the third, The New York EDITION to ADIA in the first quarter of 2015. Marriott noted that it retains the long-term management agreement for the hotel.
10:27 EDTMARMarriott says 'bullish' about demand trends in North America
Says "very optimistic" about long-term. Sees Q1 group revenue pace for company operated full service hotels up 6%, FY group pace up 5%. Sees special corporate room rates from continuing accounts up 5%-6% in 2015. Says "bullish" about demand trends in North America. Says strong dollar may discourage international travel, but doesn't see this as significant headwind to North America operations. Says Brazil trends likely to remain weak, but "bullish" about long-term growth potential. Sees FY15 fee revenue up 9%-11%, incentive fees up in a low double digit rate. Expects fee revenue to be constrained by unfavorable forex. Sees total fee revenue reduced by forex by $15M-$20M in FY15. Sees cash returned to shareholders in 2015 at least as much as 2014. Sees Q1 fee revenue up at mid teens rate. Comments made on the Q4 earnings conference call.
09:12 EDTMAROn The Fly: Pre-market Movers
Subscribe for More Information
06:05 EDTHSTHost Hotels expects 'solid year of growth' in portfolio in FY15
Subscribe for More Information
06:03 EDTHSTHost Hotels reports Q4 adjusted FFO 40c, consensus 39c
Reports Q4 revenue $1.32B, consensus $1.35B. Reports Q4 comparable RevPAR up 3.2%.
February 18, 2015
18:55 EDTMAROn The Fly: After Hours Movers
Subscribe for More Information
16:36 EDTMARMarriott sees FY15 EPS $3.00-$3.12, consensus $3.03
Subscribe for More Information
16:34 EDTMARMarriott sees Q1 EPS 68c-72c, consensus 66c
For Q1, the company expects comparable systemwide RevPAR on a constant dollar basis will increase 5 to 7% in North America, 4 to 6% outside North America and 5 to 7% worldwide.
16:33 EDTMARMarriott reports Q4 EPS 68c, consensus 65c
Subscribe for More Information
16:21 EDTLHOLaSalle Hotel sees FY15 adjusted FFO $2.67-$2.84, consensus $2.84
Subscribe for More Information
16:20 EDTLHOLaSalle Hotel reports Q4 adjusted FFO 58c, consensus 60c
Reports Q4 revenue $269.8M, consensus $270M. Reports Q4 Room revenue per available room, or RevPAR, increased 7.7% to $181.49, as a result of a 5.7% increase in average daily rate to $235.04 and a 1.8% improvement in occupancy to 77.2%.
15:35 EDTHSTNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Wal-Mart (WMT), consensus $1.54... Priceline (PCLN), consensus $10.10... DIRECTV (DTV), consensus $1.40... Noble Energy (NBL), consensus 35c... Host Hotels & Resorts (HST), consensus 39c... Hormel Foods (HRL), consensus 64c... Discovery Communications (DISCA), consensus 41c... SCANA (SCG), consensus 73c... Quanta Services (PWR), consensus 51c... Patterson (PDCO), consensus 59c... Denbury Resources (DNR), consensus 23c... T-Mobile (TMUS), consensus 5c... Linn Energy (LINE), consensus 6c... Linn Co (LNCO), consensus 39c... Bloomin' Brands (BLMN), consensus 27c... Huntington Ingalls (HII), consensus $1.98.
15:35 EDTMARNotable companies reporting after market close
Subscribe for More Information
10:05 EDTPEBOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:10 EDTMARMarriott volatility increases into Q4 results and outlook
Marriott overall option implied volatility of 25 is near its 26-week average of 23 according to Track Data, suggesting non-directional price movement into the expected release of Q4 on February 19.
06:13 EDTPEBPebblebrook Hotel downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse downgraded Pebblebrook to Neutral based on valuation. Price target raised to $52 from $51.
February 17, 2015
16:11 EDTPEBPebblebrook Hotel sees FY15 AFFO $2.40-$2.50, consensus $2.46
Sees FY15 Same-Property RevPAR up 6%-7% to $211M-$213M.
16:10 EDTPEBPebblebrook Hotel sees Q1 AFFO 27c-29c, consensus 36c
Subscribe for More Information
16:08 EDTPEBPebblebrook Hotel reports Q4 AFFO 46c, consensus 44c
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use