Shangri-La Hotels & Resorts remains committed to luxury despite growing concerns about weak fundamentals in the Chinese hotel market.» Read More
Wall Street is bracing for a big round of second-quarter earnings reports that few expect to deliver good news for the state of corporate America.
With the credit crunch weighing on consumers' wallets, tap water is making a comeback.
Following are the week’s biggest winners and losers. Find out why shares of Wal-Mart and National Semiconductor popped while Wachovia and AT&T dropped.
Unusual options action caught our attention on Wednesday. Find out what’s moving and how you should trade!
Following are the day’s biggest winners and losers. Find out why shares of Quicksilver and Jabil Circuit popped while TiVo and Marriott dropped.
As downgrades to Wall Street banks sent the Dow, Nasdaq and S&P into negative territory, CNBC asked the experts for investing advice.
The housing crisis and soaring energy prices are a concern for the hotel and restaurant industries, and CEOs are already feeling the effects.
What’s the trade as anxious Americans spend less and less on leisure?
Following are the day’s biggest winners and losers. Find out why shares of Heinz and Big Lots popped while Marriott and gold dropped.
They cut their ratings on Marriott, and reduce the price target to $40 from $47. Marriott closed at $34.14. They go further: "...we do not recommend putting new money into lodging with the exception of stocks with unique catalysts."
Could your family road trip lead to sizzling summer trades? Find out about the unlikely places in which the traders see opportunity!
For a long time now, the magic phrase for stocks has been "global exposure." Top leisure industry analyst Robert LaFleur indicates it's as true in his sector as it is anywhere.
Travelers to the Olympic Games this August in China better book airline tickets soon, but a dramatic buildup of Western hotels—many still just coming on-line —should make finding a room less of a challenge.
There are a lot of baby boomers out there and there's a lot of potential money to be made off of their retirement. Just be prepared to apply unconventional thinking to fit the habits of nontraditional people.
The $109 billion lodging industry is facing a triple squeeze play-- weakening demand, higher operating costs and more supply coming on-line.
Google hits it out of the park, Merrill posts a loss but shares climb anyway and Pfizer plummets. All the earnings trades and much more right here.
Futures popped right after the close as Google reported strong numbers; up 10 percent. Major indices stable today, despite mixed earnings report. IBM, good, Marriott, ok on strong international sales, but Conway, Nokia and Pfizer were notable disappointments.
Mixed reports on earnings this morning; IBM is a help, but Pfizer, Continental Airlines, Marriottspacer and Nokia are not. Merrill Lynch recorded another $9 b in write-downs on mortgage-related assets, leveraged loans and hedges.
Following are the week’s biggest winners and losers. Find out why shares of eBay and Prudential popped while Dell and Sotheby's dropped.
Talk about the "Road less Traveled". With the dollar at all-time lows against major currencies and the continued rise of crude oil prices, many Americans may be rethinking the summer vacations they have been planning. Here are some companies that may feel the impact...