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Marriott International is expected to release earnings after the close of trading today. Analysts are looking for earnings per share of $0.36 in the fourth quarter. Revenue is expected to come in at $3.58 billion.
Stocks continued to trade narrowly mixed amid a session lacking much economic news and following a second straight week of solid gains as the markets considered what's next for the Middle East. Wal-Mart and Verizon fell, while Alcoa rose.
A proposed extension of the 15 percent tax on dividend income may nudge more companies to restore dividends that were cut during the financial crisis, analysts say.
Just ask the CEO of Hersha Hospitality.
Hotel stocks appear to be following the cruise lines, and casinos higher. In fact it looks as if they have broken out of their trading ranges.
Here's why you should keep a close eye on these six stocks.
Hotel room rates are expected to rise by as much as 10 percent next year, but that hike won’t catch up to the declines of the last few years, Marriott International President Arne Sorenson told CNBC Thursday.
With stocks having closed sharply higher Wednesday, the traders discussed names that caught their eye.
I admit it: I’m jealous of Nouriel Roubini aka Dr. Doom. He’s been dead bearish this rally (see our joint CNBC appearance on July 5) and I vaguely recall him being bearish at the market lows in March, 2009. But, to be fair, in August 2006 he was calling for a housing crash as well. So I give him some credit.
Stocks ended mixed after a volatile session as investors cautiously anticipated monthly jobs data and third-quarter earnings reports. Alcoa and Verizon fell, while GE and DuPont rose.
Stocks were modestly lower ahead of the closing bell, ending a volatile session marked by a handful of encouraging economic reports, a rising dollar, and investor caution ahead of quarterly earnings reports and monthly jobs data. Verizon and Alcoa fell, while GE rose.
Stocks were mixed Thursday as the Dow backed off after nearing striking distance of 11,000 for the first time since May. Pfizer and GE rose, while AT&T fell.
September same store sales are in, and the vast majority have to be pleasantly surprised... How surprised? Overall, September same store sales are up 2.7 percent, versus expectations of 2.3 percent, according to RetailMetrics.
Stock index futures pointed to a lower open for Wall Street Thursday and gold powered ahead as investors remained cautious at the start of earnings season, which kicks off after the bell with numbers from Alcoa.
Stocks paused after a strong rally on Tuesday to end mixed on relatively low volume as investors took a breather ahead of the jobs reports on Friday. GE and Alcoa rose, while AT&T fell.
Stocks were mixed as the closing bell neared, with the tech-heavy Nasdaq slumping, as the prospect of the Federal Reserve resuming Treasury purchases to boost the economy countered a disappointing report on private sector hiring. GE and Alcoa rose, while AT&T fell.
Buyers are scrambling for upside calls in Marriott International before the company reports earnings results Wednesday morning.
The September jobs report trumps most everything else for markets in the week ahead, and it could have a lingering effect.
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The Katrina anniversary is all about contrasts. More than one resident has called it a tale of two cities and, as cliched as that phrase may be, it certainly applies here. Unemployment is below the national average, but poverty is twice the national rate.