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Stock Market & Financial Investment News

News Breaks
November 19, 2012
10:43 EDTWXS, MRCC, GCAP, HOT, MAR, FLL, WAVE, IPCM, FLTOn The Fly: Analyst Initiation Summary
Today's notable initiations include: FleetCor (FLT) initiated with an Overweight at Evercore...Full House Resorts (FLL) initiated with an Outperform at Macquarie...GAIN Capital (GCAP) initiated with a Hold at BGB Securities...IPC The Hospitalist Co. (IPCM) initiated with a Buy at WallachBeth...Marriott (MAR) initiated with a Hold at Jefferies...Monroe Capital (MRCC) initiated with an Overweight at Stephens...NextWave Wireless (WAVE) initiated with a Neutral at Goldman...Starwood Hotels (HOT) initiated with a Buy at Jefferies...WEX Inc. (WXS) initiated with an Equal Weight at Evercore.
News For FLT;FLL;GCAP;IPCM;MAR;MRCC;WAVE;HOT;WXS From The Last 14 Days
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February 5, 2016
06:23 EDTMAR20 companies make alliance to keep down healthcare costs, WSJ says
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February 4, 2016
16:15 EDTFLTFleetCor announces $500M share repurchase program
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16:14 EDTFLTFleetCor sees 2016 adjusted EPS $6.40-$6.60, consensus $6.69
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16:14 EDTFLTFleetCor reports Q4 adjusted EPS $1.70, consensus $1.61
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February 3, 2016
10:00 EDTMAROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AIG (AIG) downgraded to Market Perform from Outperform at William Blair... Credit Acceptance (CACC) downgraded to Underperform at Raymond James... CIT Group (CIT) downgraded to Neutral from Buy at Citi... Cobalt (CIE) downgraded at Stifel... Cypress Energy (CELP) downgraded to Outperform from Strong Buy at Raymond James... Freeport McMoRan (FCX) downgraded on weak near-term outlook at Argus... Gastar Exploration (GST) downgraded to In-Line from Outperform at Imperial Capital... Intersil (ISIL) downgraded to Sell from Neutral at Citi... LyondellBasell (LYB) downgraded to Outperform from Top Pick at RBC Capital... Marriott (MAR) downgraded to Market Perform from Outperform at Wells Fargo... Microchip (MCHP) downgraded to Sell from Neutral at Goldman... Morgan Stanley (MS) downgraded to Underweight from Neutral at Atlantic Equities... Navios Maritime Partners (NMM) downgraded to Hold from Buy at Deutsche Bank... Peapack-Gladstone (PGC) downgraded to Hold from Buy at Sandler O'Neill... QIWI (QIWI) downgraded to Market Perform from Outperform at William Blair... STORE Capital (STOR) downgraded to Neutral from Buy at Ladenburg... Spark Energy (SPKE) downgraded to Neutral from Outperform at Baird... Stone Energy (SGY) downgraded to In-Line from Outperform at Imperial Capital... SunEdison Semiconductor (SEMI) downgraded to Sell from Neutral at Goldman... Teradyne (TER) downgraded to Neutral from Buy at Goldman... Texas Instruments (TXN) downgraded to Sell from Neutral at Goldman... UBS (UBS) downgraded to Sector Perform from Outperform at RBC Capital... Whiting Petroleum (WLL) downgraded on oil price outlook at Stifel... Xcel Energy (XEL) downgraded to Sell from Neutral at UBS... Xilinx (XLNX) downgraded to Buy from Conviction Buy at Goldman... Yahoo (YHOO) downgraded to Hold from Buy at Axiom.
07:07 EDTMARMarriott downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst Jeffrey Donnelly downgraded Marriott to Market Perform after resetting his estimates for the Lodging space. The analyst lowered his price target range for the shares to $64-$67 from $80-$82.
February 2, 2016
08:38 EDTHOTStarwood to expand portfolio of Specialty Select brands in NYS over three years
Starwood Hotels & Resorts Worldwide announced that it will significantly expand its portfolio of Specialty Select brands in New York State in the next three years, with the bulk of that growth taking place in the New York City metropolitan area. Starwood will grow its portfolio in New York from 12 to 22 hotels by the end of 2018 across its Aloft, Element and Four Points brands - an increase of more than 80%.
February 1, 2016
12:22 EDTHOTStarwood to source 100% cage-free eggs by 2020
Starwood Hotels & Resorts announced plans to source 100% of its eggs from cage-free chickens across its supply chain by 2020. "Animal welfare is important to our customers and our company, and many of our hotels around the world already use cage-free eggs. By transitioning to 100% cage-free eggs by 2020, we further our commitment to doing the right thing," said Andrea Pinabell, Starwood's Vice President of Sustainability.
January 27, 2016
08:27 EDTHOT, HOTStarwood downgraded to Underperform from Outperform at CLSA
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January 26, 2016
10:40 EDTMARTripAdvisor adds key supplier with Starwood, says Piper Jaffray
Piper Jaffray analyst Michael Olson says that while expected following Marriott's (MAR) acquisition of Starwood, the partnership enabling Starwood's hotel inventory on TripAdvisor's (TRIP) Instant Book is a positive. TripAdvisor is making "tremendous strides" in building its supplier network, Olson tells investors in a research note. He reiterates an Overweight rating on the stock with a $120 price target.
09:03 EDTHOTStarwood, TripAdvisor announce new instant booking partnership
Starwood Hotels & Resorts Worldwide (HOT) and TripAdvisor (TRIP) have partnered to make Starwood's global hotel portfolio accessible on the TripAdvisor instant booking platform.
January 25, 2016
08:32 EDTHOTStarwood signed 92 hotel deals in 2015, up 44% y/y
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08:18 EDTHOTStarwood says St. Regis to debut on Dubai's Palm Jumeirah
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