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Stock Market & Financial Investment News

News Breaks
April 25, 2013
06:44 EDTH, HST, WYN, HOT, RLH, MARHotel owners fear sequester effects, The Hill says
Hundreds of hotel owners who fear that flight delays caused by the sequester could cripple their businesses this summer lobbied Congress on the issue yesterday, according to The Hill. Reference Link
News For MAR;H;HST;WYN;HOT;RLH From The Last 14 Days
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October 22, 2014
12:02 EDTHOTStarwood extends global partnership with Mercedes AMG Petronas
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October 20, 2014
16:01 EDTHOTStarwood announces sale of The St. Regis for $150.7M
Starwood Hotels & Resorts Worldwide announced that it has sold The St. Regis, Rome to subsidiaries of Constellation Hotels Holding Limited for approximately $150.7M. Starwood will continue to operate the hotel under the St. Regis brand flag as part of a new long-term management agreement.
09:31 EDTHRobinhood.org to hold conference
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October 17, 2014
10:00 EDTHOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AK Steel (AKS) upgraded to Buy from Neutral at Nomura... AMD (AMD) upgraded to Sector Perform from Underperform at Pacific Crest... Atlantic Power (AT) upgraded to Market Perform from Underperform at BMO Capital... Basic Energy (BAS) upgraded to Outperform from Market Perform at Cowen... BorgWarner (BWA) upgraded to Buy from Hold at Deutsche Bank... CA Technologies (CA) upgraded to Overweight from Equal Weight at Barclays... Calumet Specialty Products (CLMT) upgraded to Outperform at Wells Fargo... DHT Holdings (DHT) upgraded to Buy from Hold at Evercore... Exelon (EXC) upgraded to Neutral from Sell at Citigroup... Fifth Third Bancorp (FITB) upgraded to Buy from Neutral at Citigroup... Goldman Sachs (GS) upgraded to Outperform from Market Perform at Keefe Bruyette... Helmerich & Payne (HP) upgraded to Buy from Neutral at UBS... Hilton (HLT) upgraded to Buy from Neutral at SunTrust... Hyatt Hotels (H) upgraded to Outperform from Neutral at Macquarie... IPG Photonics (IPGP) upgraded at Stifel... ITC Holdings (ITC) upgraded to Neutral from Underperform at Credit Suisse... Manpower (MAN) upgraded to Outperform from Market Perform at Avondale... Nabors Industries (NBR) upgraded to Outperform from Market Perform at Cowen... Newpark Resources (NR) upgraded at Cowen... Old Dominion (ODFL) upgraded to Buy from Neutral at Longbow... PDC Energy (PDCE) upgraded at SunTrust... Patterson-UTI (PTEN) upgraded to Buy from Neutral at UBS... PrivateBancorp (PVTB) upgraded to Outperform from Neutral at Macquarie... QLogic (QLGC) upgraded to Buy from Hold at Summit Research... RPC, Inc. (RES) upgraded at Cowen... Sonoco (SON) upgraded to Neutral from Underperform at DA Davidson... Southwestern Energy (SWN) upgraded to Outperform from Market Perform at Raymond James... SunEdison (SUNE) upgraded to Outperform at Cowen... TSMC (TSM) upgraded to Buy from Neutral at Mizuho... Tesco (TESO) upgraded to Outperform from Market Perform at Cowen... UnitedHealth (UNH) upgraded to Outperform from Market Perform at Leerink... Xilinx (XLNX) upgraded to Outperform from Market Perform at Wells Fargo.
08:30 EDTMARLodging cycle is not broken, says Credit Suisse
Credit Suisse said the correction in the Lodging group has crated a buying opportunity in its best ideas, Marriott (MAR), Hilton (HLT) and La Quinta (LQ). The analyst said low supply growth, healthy corporate travel demand, and lower gasoline prices continue to support the lodging cycle.
06:29 EDTHHyatt Hotels upgraded to Outperform from Neutral at Macquarie
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October 16, 2014
10:01 EDTHSTOn The Fly: Analyst Upgrade Summary
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06:35 EDTHSTHost Hotels upgraded to Outperform from Market Perform at FBR Capital
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October 15, 2014
17:13 EDTRLHRed Lion Hotels sells, signs franchise agreement on Red Lion Hotel Pocatello
RLHC announced the company has sold and franchised its Red Lion Hotel Pocatello in Idaho. The new owner plans to invest in property improvements within the next few months.
11:03 EDTWYNNew York AG reaches agreements with Hilton, Wyndham over timeshares
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10:02 EDTHSTOn The Fly: Analyst Upgrade Summary
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05:38 EDTHSTHost Hotels upgraded to Overweight from Equal Weight at Barclays
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October 14, 2014
09:09 EDTRLHRed Lion Hotels appoints Jim Bell as CFO
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08:31 EDTHSTHost Hotels announces favorable decision in Texas Supreme Court
Host Hotels announced that on October 3, 2014 the company's litigation related to the San Antonio Marriott Rivercenter hotel ended in favor of the Company as the Texas Supreme Court denied the motion for rehearing from Keystone-Texas Holding Corp. On June 13, 2014, the Texas Supreme Court had overruled a lower court's $57.3M verdict against the Company for allegedly interfering with an effort to sell a San Antonio shopping mall and adjacent land underlying the San Antonio Marriott Rivercenter hotel. Now that the decision by the Texas Supreme Court is final, the company will reverse the $69M loss contingency previously recorded under GAAP. In addition, a court-ordered bond will be released and the Company will recoup its previously funded $25M escrow.
October 13, 2014
11:31 EDTHHyatt Hotels plans First Hyatt House Hotel in New Orleans
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07:15 EDTMARNational Association of Corporate Directors to hold a conference
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October 10, 2014
08:15 EDTMARMarriott pullback a buying opportunity, says JPMorgan
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07:32 EDTWYNWyndham aims to add 120 Caribbean, Latin America hotels by 2022, WSJ says
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