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June 2, 2014
04:55 EDTSYY, SYY, BYI, BYI, VAC, VAC, PNK, PNK, OWW, OWW, H, H, CAR, CAR, DIN, DIN, SEAS, SEAS, FUN, FUN, LQ, LQGoldman to hold a conference
Lodging, Gaming, Restaurant and Leisure Conference to be held in New York on June 2-3.
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August 1, 2014
05:43 EDTHHyatt Hotels downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse downgraded Hyatt Hotels to Underperform citing valuation, a lack of catalysts and the company's "unimpressive" Q2 results. The firm lowered its price target for shares to $55 from $56.
July 31, 2014
07:35 EDTHHyatt Hotels sees strong transient demand in the Americas
The company says "Looking ahead, we expect strong transient demand in the Americas and U.S. hotel supply growth to remain low in most markets. U.S. group pace for the coming years continues to improve giving us the confidence that we will continue seeing strong progression in overall rates and higher levels of food and beverage revenues. We remain focused on driving colleague, guest and owner preference for our brands and are well positioned for strong growth in the years ahead." Adjusted SG&A expense is expected to be approximately $325 million in FY14. Capital expenditures are expected to be approximately $300 million, including approximately $125 million for investment in new properties. In addition to the capital expenditures described above, the Company intends to continue a strong level of investment spending. Investment spending includes acquisitions, equity investments in joint ventures, debt investments, contract acquisition costs or other investments. Depreciation and amortization expense is expected to be approximately $370 million. Interest expense is expected to be approximately $75 million. The Company expects to open approximately 40 hotels in 2014.
07:34 EDTHHyatt Hotels reports Q2 adjusted EPS 47c, consensus 45c
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July 30, 2014
15:40 EDTHNotable companies reporting before tomorrow's open
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July 29, 2014
09:05 EDTBYIBally's iVIEW Display Manager, EBS selected by Double Eagle Casino
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08:15 EDTDINDineEquity raises FY14 IHOP domestic SSS view, backs other guidance
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08:14 EDTDINDineEquity reports Q2 adjusted EPS $1.16, consensus $1.05
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July 28, 2014
16:43 EDTOWWLuxor Capital Group reports 5.4% passive stake in Orbitz
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15:47 EDTDINNotable companies reporting before tomorrow's open
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14:01 EDTCARBudget Car Rental expands presence in Argentina
Budget Car Rental announced that it has expanded its operations in Argentina with the opening of three new rental facilities. The new locations include one at Ezeiza International Airport in Buenos Aires, another at Jorge Newbery Airfield and an off-airport location in Belgrano. Budget is owned by Avis Budget.
July 24, 2014
14:40 EDTPNKPinnacle Entertainment urged to separate real estate into REIT by Orange Capital
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13:14 EDTPNKPinnacle Entertainment pullback a buying opportunity, says Brean Capital
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09:08 EDTBYIBally Technologies selected by Muckleshoot Casino for Systems solutions
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08:07 EDTVACMarriott Vacations raises FY14 EPS $2.64-$2.82 from $2.42-$2.68, consenssu $2.62
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08:06 EDTPNKPinnacle Entertainment reports Q2 adjusted EPS 37c, consensus 47c
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08:05 EDTVACMarriott Vacations expects to incur costs of $4M-$6M through end of 2014
During the second quarter of 2014, the company incurred $1 million of costs in connection with its continued organizational and separation related efforts. These costs primarily relate to establishing the company's own information technology systems and services, independent accounts payable functions and the reorganization of existing human resources and information technology organizations to support the company's stand-alone public company needs. Once completed, these efforts are expected to generate approximately $15M-$20M of annualized savings, of which approximately $12M has been realized cumulatively to date, including roughly $2M reflected in the company's 2014 financial results.
08:04 EDTVACMarriott Vacations reports Q2 North America volume per guest up5.4% to $3,383
Reports Q2 total company contract sales were $164M.
08:03 EDTVACMarriott Vacations reports Q2 adjusted EPS 87c, consensus 75c
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July 22, 2014
08:19 EDTHHyatt Hotels announces organization changes
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July 21, 2014
09:03 EDTBYIBally Technologies partners with Mohegan Sun
Bally Technologies has partnered with Mohegan Sun in Uncasville, Conn., for the world’s largest installation of table game progressive jackpots. Bally’s new Game Manager 2 software will be used to track progressive jackpots on 43 tables across Mohegan Sun’s three casinos: Casino of the Earth, Casino of the Sky, and Casino of the Wind. The Mohegan Sun upgrade marks the installation of the greatest number of table game progressives Bally has performed in North America.

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