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Stock Market & Financial Investment News

News Breaks
May 7, 2013
07:28 EDTS, MAR, CTRX, HSII, KFYHMG Strategy to host a summit
2013 Washington, D.C. CIO Executive Leadership Summit is being held in Washington, D.C. on May 7.
News For S;MAR;CTRX;HSII;KFY From The Last 14 Days
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October 30, 2014
06:27 EDTCTRXCatamaran reports Q3 adjusted EPS 58c, consensus 56c
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06:19 EDTSSprint upgraded to Neutral from Underperform at Credit Suisse
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October 29, 2014
11:11 EDTMARMarriott says not seeing too much impact on hotel revenues from Ebola
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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
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06:00 EDTSStocks with implied volatility movement; S AEO
Stocks with implied volatility movement; Sprint American (S) 53, American Eagle (AEO) 48 according to iVolatility.
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
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16:31 EDTMARMarriott reports Q3 EPS 65c, consensus 62c
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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.
07:06 EDTHSIIHeidrick & Struggles sees Q4 revenue $112M-$123M, consensus $126.70M
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07:05 EDTHSIIHeidrick & Struggles reports Q3 EPS 16c, consensus 23c
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October 27, 2014
06:20 EDTSAT&T to lock Apple's SIM cards to its network on new iPads, WSJ reports
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October 24, 2014
12:38 EDTSFCC delays incentive auction until early 2016
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October 23, 2014
05:08 EDTKFYKorn/Ferry announces partnership with PT. Combiphar in Indonesia
Korn Ferry announced that it has entered into a new partnership with PT. Combiphar to manage the company’s recruitment process outsourcing, or RPO, solutions. This partnership signals Combiphar’s ongoing commitment to recruiting best-in-class talent to help grow its operations in Indonesia. Korn Ferry, leveraging advanced recruitment tools and processes, will help provide a consistent solution for finding the right talent to support Combiphar’s long-term strategies. With this new partnership, Korn Ferry further extends its reach into Indonesia by offering a comprehensive suite of talent management solutions to the region’s largest pharmaceutical company.
October 20, 2014
13:53 EDTSEarnings Preview: Verizon sentiment mixed ahead of Q3 report
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11:49 EDTSSprint to offer iPad Air 2, iPad mini 3
Sprint (S) announced that it will offer iPad Air 2 with Wi-Fi + Cellular (AAPL) and iPad mini 3 with Wi-Fi + Cellular later this week. iPad Air 2 is the first tablet from Apple to connect to Sprint Spark, an enhanced LTE service with the added capacity to greatly improve the performance of video and other bandwidth-intensive applications. iPad mini 3 will connect to Sprint’s 4G LTE network. Customers can add iPad Air 2 or iPad mini 3 to their Sprint Family Share Pack for an access charge of $10 per month per line. Through December 2015, Sprint will waive the $10 monthly access charge on iPad Air 2 or iPad mini 3 added as new lines of service to any Sprint Family Share Pack 20GB or higher.
October 19, 2014
14:39 EDTSSprint job cuts include 452 at Kansas headquarters, Bloomberg says
According to a filing yesterday with the Kansas Department of Commerce, the job cuts at Sprint that were announced earlier this month, will include 452 positions in Overland Park, Kansas, where the company is headquartered, says Bloomberg. Reference Link
October 17, 2014
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.
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