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Stock Market & Financial Investment News

News Breaks
November 19, 2012
10:43 EDTHOT, MAR, FLL, WAVE, IPCM, FLT, WXS, MRCC, GCAPOn 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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December 18, 2014
10:51 EDTHOTStarwood has $100M claim against Cuba, says Wells Fargo
Wells Fargo notes the Foreign Claim Settlement Commission certified in 2005 a claim for Starwood (HOT) against Cuba in the amount of $51.1M plus interest, implying a market value today of over $100M. Starwood has 500-plus acres of land around Havana that was seized in 2003. InterContinental (IHG) holds a certified $2.6M claim from 1959-1961, which equates to about $60M today, Wells adds. The firm does not expect the claims will be collected, but notes that if the embargo on Cuba is one day lifted, it's possible they could be traded for concessions or development entitlements.
10:01 EDTMAR, HOTOn The Fly: Analyst Initiation Summary
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06:34 EDTHOTStarwood initiated with a Buy at Evercore ISI
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06:34 EDTMARMarriott initiated with a Hold at Evercore ISI
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December 17, 2014
10:02 EDTFLTOn The Fly: Analyst Initiation Summary
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06:59 EDTFLTFleetCor resumed with a Neutral at JPMorgan
Target $160.
December 15, 2014
09:19 EDTHOTStarwood signs agreement with Hoteli Dubrovačka Rivijera to open Sheraton
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06:22 EDTMARMarriott price target raised to $88 from $76 at Citigroup
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December 11, 2014
15:22 EDTGCAPGAIN Capital management to meet with Sidoti
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10:31 EDTIPCMIPC The Hospitalist Co. acquires NCEPS in Raleigh, North Carolina
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December 10, 2014
07:35 EDTGCAPGAIN Capital reports November retail volume $221.0B, institutional volume $391B
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December 9, 2014
08:18 EDTHOTStarwood to debut first Luxury Collection hotel in Japan
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December 8, 2014
07:09 EDTMAR, HOTStarwood price target raised to $85-$90 from $77-$82 at Wells Fargo
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