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. Read More
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. Read More
It's the second installment of our Summer on the Street series, where Maria will be hosting "Closing Bell" from the steps of Federal Hall. With the Dow at 9,000, our market experts will weigh in on whether this rally has more room to run. Read More