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Stock Market & Financial Investment News

News Breaks
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.
News For SYY;FUN;SEAS;DIN;CAR;H;OWW;PNK;VAC;BYI;LQ From The Last 14 Days
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May 27, 2015
11:58 EDTOWWOrbitz shareholders approve acquisition by Expedia
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May 26, 2015
20:51 EDTSYYCitigroup to hold a conference
Global Consumer Conference is being held in New York on May 27-28.
16:06 EDTSEASSeaWorld CFO James Heaney departs, Marc Swanson appointed interim CFO
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May 21, 2015
14:46 EDTHHyatt invests in home-rental company onefinestay, WSJ says
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May 20, 2015
08:37 EDTH, LQMorgan Stanley to hold a conference
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May 19, 2015
09:58 EDTOWWOn The Fly: Analyst Initiation Summary
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09:58 EDTSYYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ascena Retail (ASNA) upgraded to Outperform from Market Perform at FBR Capital... Enphase Energy (ENPH) upgraded to Strong Buy from Buy at Needham... Fifth Third (FITB) upgraded on Vantiv outlook at Oppenheimer... Hortonworks (HDP) upgraded to Overweight from Equal Weight at Barclays... MasterCard (MA) upgraded to Overweight from Sector Weight at Pacific Crest... NetEase.com (NTES) upgraded to Buy from Neutral at Citigroup... Panera Bread (PNRA) upgraded to Outperform from Market Perform at Cowen... Potash (POT) upgraded to Market Perform from Underperform at Cowen... Reed Elsevier (RUK) upgraded to Buy from Neutral at Goldman... Royal Caribbean (RCL) upgraded to Overweight from Neutral at JPMorgan... Sysco (SYY) upgraded at Credit Suisse... THL Credit (TCRD) upgraded to Buy from Hold at Deutsche Bank... Take-Two (TTWO) upgraded to Buy from Neutral at Sterne Agee CRT... Tempur Sealy (TPX) upgraded on Sealy gross margin improvement at Longbow... TriState Capital (TSC) upgraded to Outperform from Market Perform at Keefe Bruyette... Xilinx (XLNX) upgraded to Overweight from Sector Weight at Pacific Crest.
06:40 EDTSYYSysco upgraded at Credit Suisse
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06:18 EDTOWWOrbitz initiated with a Neutral at Guggenheim
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06:04 EDTSYYSysco upgraded to Outperform from Neutral at Credit Suisse
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May 18, 2015
15:20 EDTHHyatt management to meet with JPMorgan
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06:50 EDTSYYSysco to be left with $1B in costs if US Foods deal blocked, Reuters says
Sysco has already spent more than $400M related to its planned acquisition of rival US Foods and if the deal does not close by early October the company would likely incur another $265M in losses and it will face a $300M break-up fee if the merger is blocked by regulators, calculated Reuters, citing regulatory filings. Reference Link
May 15, 2015
14:36 EDTCARViking Global reports 4.2% passive stake in Avis Budget
13:37 EDTCARAvis spikes after Hertz discloses raising prices ahead of summer travel season
Shares of Avis Budget Group (CAR) and Hertz Global Holdings (HTZ) are rallying after Hertz said it is raising prices in anticipation of a busy summer travel season. WHAT'S NEW: In a press release from last night, Hertz said it is committed to maintaining supply consistent with correlated demand drivers, such as gross domestic product and airline passenger volume. The company said it will moderate its calendar 2015 U.S. fleet plan to reflect a capacity increase of 1.5%-2.5% over 2014 levels. The company has also identified 200 of its U.S. off-airport locations that it will close by the end of the second quarter. WHAT'S NOTABLE: Hertz noted that based on its revised fleet capacity plan and expected strong seasonal demands it is implementing broad-based price increases for its Hertz, Dollar and Thrifty brands at U.S. rental locations for pick ups starting on June 14, and for all dates forward. U.S. airport retail car rentals increased $5 per day and $20 per week. Off-airport retail car rentals increased $3 per day and $10 per week. The company added that weekend rates also reflect price increases of $5 per day for airport rentals and $3 per day for off-airport rentals. PRICE ACTION: In afternoon trading, shares of Hertz are up 4.5% while shares of its rival Avis Budget are up over 8.5%.
10:13 EDTCARHigh option volume stocks
High option volume stocks: POST SFM GSVC HGG HUN PH JWN CAR ONTY LBTYA
10:01 EDTSEAS, FUNOn The Fly: Analyst Initiation Summary
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07:09 EDTSYYHayman Capital gives quarterly update on stakes
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May 14, 2015
16:10 EDTSEASSeaWorld initiated with a Neutral at Wedbush
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16:08 EDTFUNCedar Fair initiated with an Outperform at Wedbush
Target $69.
10:26 EDTSYYRuling on request for Sysco injunction likely in June/July, CTFinancialNews says
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