Some of the names on the move ahead of the open.» Read More
Trends in the last several months have been getting “less worse” in the hotel industry, said Patrick Scholes, hotel and lodging analyst at FBR Capital Markets. He told investors where they should be putting money to work.
Priceline.com was up 14% yesterday after beating Q2 earnings estimates on strong sales and bookings and guiding above expectations for its current third quarter. The company noted that its results have been and continue to be helped by strong demand for leisure travel this summer, which has been spurred by lower prices via heavy discounting.
Stocks closed higher after a staging a late rally triggered partly by positive comments from the economist known as "Doctor Doom."
Stocks were moving sideways...until midday, when famously bearish economist Nouriel Roubini came out and said that the "worst is behind us in terms of economic and financial conditions." The Dow rallied over 100 points on that news... A rally on that? But Roubini was famously bearish at the right moment several years ago, and is widely followed. Roubini less bearish is notable news.
Stocks edged lower at the open as the market gave back some of its gains from this week's rally.
Credit issues weigh on JP Morgan. The bank is trading down a bit this morning despite beating on the top and bottom line: $0.28 vs. $0.04 expected, which includes a TARP payment of $0.27 and an FDIC special assessment fee of $0.10; and revenues of $27 billion in revenues topped estimates of $26 billion).
Wall Street was heading for a mixed open, after a steep drop in jobless claims help offset some negative news on earnings.
There’s no shortage of companies turning to Twitter and other social media websites to promote their brands. But the trend hasn't created many new jobs—at least not yet.
Companies must walk a fine line when using social media Websites like Twitter.
Earnings season should provide a fresh view of the U.S. economy and may shake the stock market out of its summer doldrums.
Following are the day’s biggest winners and losers. Find out why shares of General Mills and Petrochina popped while Marriott and Myriad Genetics dropped.
The great American road trip is back, and that could be good news for Choice Hotels International, which franchises value hotel chains like Comfort Inn. We talked to CEO Steve Joyce, who says he sees signs of stabilization in his niche of the travel industry.
Sustainability isn’t just about saving the planet. It's about opportunity—reinventing business models to better compete in the global economy.
I am fixated on this notion that has been proposed requiring the Fed to get permission from the Treasury before it acts in any emergency. It's letting the White House, via the Treasury, into the formerly independent Fed.
The travel and leisure industry is all about customer service. Actually, every industry is about customer service, but we really hold people to account if we feel mistreated at an airline or hotel.
Amil writes, “Looks like the financials are leading this rally. If I want to pay the moves which financials should I buy?”
Stocks surrendered earlier gains and fell modestly on Tuesday largely due to fresh worries that major banks may need to raise more money.
The futures are down again this morning with uncertainty of the impact that the swine flu will ultimately have. So far, nearly 150 people have died in Mexico from the disease as it continues to spread around the world. Here are some of the stocks that moved most as the story has developed.
Despite the cautionary tone of Monday’s market, some stocks performed relatively well. Which names are worth a look?
With the swine flu death toll in Mexico over 100 and the virus spreading, the specter of a possible pandemic sent travel and leisure stocks plunging.