News For MAR From The Last 14 Days Check below for free stories on MAR the last two weeks.
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February 7, 2010
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| 21:47 EDT |  | MAR |
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February 5, 2010
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| 10:54 EDT |  | MAR |
| theflyonthewall.com: | Marriott February volatility at 44, March at 40 into EPS | | Marriott is recently up 30c to $26.04. MAR is expected to announce Q4 EPS on February 11. February put option implied volatility is at 44, March is at 40; verses its 26-week average of 44, according to Track Data, suggesting less price movement after EPS. :theflyonthewall.com |
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February 4, 2010
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| 16:50 EDT | | MAR |
| | 10:06 EDT | | MAR |
| theflyonthewall.com: | Starwood Hotels gains after better than expected results, upbeat comments | | Starwood Hotels (HOT) reported Q4 EPS of 51c ex items, compared with analysts' consensus estimate of 22c and the company's guidance of 17c-21c. The hotel operator's EPS was ($1.03) including all items. The company's revenue was higher than expected. Starwood's worldwide REVPAR for same-store hotels sank 7.2% year-over-year. "We ended 2009 with the best REVPAR results we have seen since the third quarter of 2008, and our continued focus on costs allowed us to beat expectations again in the quarter," said Starwood CEO Frits van Paaschen. "Lodging demand continued to improve in the fourth quarter, with group and business transient posting positive bookings. After being buffeted by headwinds throughout 2009, our portfolio is set to begin a rebound in 2010 from a deep drop-off," the CEO added. In a note to investors published yesterday by theflyonthewall.com, a Wedbush analyst had predicted that Starwood's Q4 EPS would surpass the company's guidance. In early trading, Starwood gained $2.41, or 6.80%, to $37.83. A number of other lodging stocks rose slightly, with Marriott (MAR) adding 0.72% to $26.70 and Hyatt (H) rising 1.25% to $29.87. :theflyonthewall.com |
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February 3, 2010
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| 13:43 EDT |  | MAR |
| theflyonthewall.com: | Starwood, Marriott, and Host Hotels should beat guidance, says Wedbush | | Wedbush believes that the Q4 EPS of Starwood (HOT), Marriott (MAR), and Host Hotels (HST) will surpass the high end of their guidance. The firm expects the companies to reiterate 2010 REVPar guidance. The firm believes the stocks are showing signs of fatigue, and it maintains an Outperform rating on Starwood, a Neutral rating on Marriott, and an Underperform rating on Host Hotels. :theflyonthewall.com |
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January 26, 2010
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| 09:08 EDT |  | MAR |
| theflyonthewall.com: | Resorts have resorted to last resort, WSJ reports | | Hotels are dropping the word “resort” from their names, in order to attract more business bookings, the Wall Street Journal reports. The word “resort” became a stigma in late 2008 as financial firms receiving bailout funds continued to go on retreats at fancy resorts. The pharmaceutical industry also revised its code of conduct in 2008 to dissuade holding conference at resorts. Reference Link :theflyonthewall.com |
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