New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 20, 2014
07:12 EDTMAR, HLTEconomic Club of Washington, D.C. holds a breakfast meeting
President & CEO Nassetta of Hilton Worldwide and President & CEO Sorenson of Marriott International speak at the breakfast meeting being held in Washington, D.C. on March 20 at 8 am.
News For MAR;HLT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 30, 2014
15:41 EDTHLTNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Exxon Mobil (XOM), consensus $1.73; Chevron (CVX), consensus $2.56; AbbVie (ABBV), consensus 77c; NextEra Energy (NEE), consensus $1.55; Dominion Resources (D), consensus 96c; Aon plc (AON), consensus $1.12; Weyerhaeuser (WY), consensus 30c; Clorox (CLX), consensus $1.03; Rockwell Collins (COL), consensus $1.27; Newell Rubbermaid (NWL), consensus 55c; Pinnacle West (PNW), consensus $2.15; Legg Mason (LM), consensus 0c; TECO Energy (TE), consensus 32c; Oshkosh (OSK), consensus 82c; Hilton Worldwide (HLT), consensus 17c; Genesee & Wyoming (GWR), consensus $1.17; Spirit AeroSystems (SPR), consensus 74c; Madison Square Garden (MSG), consensus 32c; Magellan Midstream (MMP), consensus 66c.
09:31 EDTMARMarriott price target raised to $76 from $69 at RW Baird
Subscribe for More Information
08:56 EDTHLTHilton signs exclusive license agreement with Plateno Hotels Group
Subscribe for More Information
07:40 EDTHLTHilton volatility elevated into Q3 and outlook
Hilton November call option implied volatility is at 39, December and January is at 31; compares to its 26-week average of 26 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on October 31.
October 29, 2014
11:11 EDTMARMarriott says not seeing too much impact on hotel revenues from Ebola
Subscribe for More Information
10:24 EDTMARMarriott sees 5%-7% worldwide RevPAR growth in 2015
Says "delighted" with Q3 results. Says Q4 North America group pace has improved steadily since June. Sees Q4 systemwide RevPAR up 5%-7% in North America. Sees Q4 constant dollar RevPAR up 4%-6% outside the U.S. Expects to return $1.6B-$1.7B to shareholders in FY14 via dividends, buybacks. Sees investment spending in 2014 of $800M-$900M. Sees FY14 adjusted EBITDA $1.507B-$1.522B. Sees worldwide unit growth accelerating 5%-7% over next four years. Says not prepared to offer EPS guidance yet for 2015. Says group booking pace for 2015 up nearly 4%. Says has bullish outlook for Group in 2015. Sees 2015 systemwide RevPAR in North American up 5%-7%. Sees mid single digit constant dollar RevPAR growth in Asia for 2015. Says "very bullish" about future. Comments made on the Q3 earnings conference call. Marriott shares are up 1.14% to $72.77 in morning trading.
09:10 EDTMARHyatt Hotels shares likely to underperform peers, says Wells Fargo
Subscribe for More Information
October 28, 2014
16:39 EDTMARMarriott Q3 worldwide systemwide RevPAR increased more than 8%
Arne M. Sorenson, president and CEO of Marriott International, said, "We were very pleased with results in the quarter. Our out-performance compared to the guidance we provided in July was largely due to stronger than expected RevPAR and margin growth. North American systemwide RevPAR rose nearly 9% and occupancy reached an extraordinary 77.6% while room rates rose 5%. Group demand was particularly strong with significant last minute bookings and high attendance. With the addition of greater corporate and leisure demand, room rates surged to record levels in many North American markets. Worldwide systemwide RevPAR increased more than 8%."
16:37 EDTMARMarriott sees FY14 EPS $2.48-$2.52, consensus $2.50
The company anticipates gross room additions of 7% worldwide for the full year 2014 including the 10,016 rooms associated with the Protea acquisition. Net of deletions, the company expects its portfolio of rooms will increase by approximately 6% in 2014. The company assumes full year fee revenue could total $1.714B to $1.724B, growth of 11 to 125 over 2013 fee revenue of $1.543B.
16:34 EDTMARMarriott sees Q4 EPS 62c-66c, consensus 64c
Subscribe for More Information
16:31 EDTMARMarriott reports Q3 EPS 65c, consensus 62c
Subscribe for More Information
13:31 EDTMARMarriott announces expansion of brand in Scotland with new Edinburgh hotel
Following the launch of Courtyard by Marriott’s new European design concept at Courtyard Aberdeen Airport Hotel last year, Marriott International has announced plans to open a second Courtyard branded hotel in Scotland in early 2016.
October 20, 2014
13:40 EDTHLTOptions with increasing implied volatility
Subscribe for More Information
October 17, 2014
10:51 EDTHLTOptions with increasing implied volatility
Options with increasing implied volatility: COV DISH HLT QEP GREK BKW BYI LLY DTV TIBX
10:00 EDTHLTOn 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 EDTMAR, HLTLodging 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.
07:50 EDTHLTHilton upgraded to Buy from Neutral at SunTrust
Subscribe for More Information
06:45 EDTHLTHilton upgraded to Buy from Neutral at SunTrust
Subscribe for More Information

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