Analyst lifts PetSmart to 'Buy,' says co. likely to benefit when discretionary spending liftsOctober 5th, 2009 Analyst raises PetSmart to 'Buy' from 'Neutral'NEW YORK — PetSmart Inc. climbed Monday as an analyst upgraded the pet food and products retailer, saying the company will likely benefit when discretionary spending picks up with an potential 2010 economic recovery.
Leap Wireless, MetroPCS shares fall after analyst downgrades shares on rising competitionOctober 1st, 2009 Shares of Leap Wireless, MetroPCS fallSAN FRANCISCO — Shares of Leap Wireless International Inc. and MetroPCS Communications Inc.
JPMorgan downgrades Saks to 'Neutral,' tells investors 'easy money has been made'October 1st, 2009 JPMorgan downgrades Saks, shares fallCHICAGO — Shares of luxury department store chain Saks Inc. sank Thursday after an analyst downgraded the retailer, saying its stock was properly valued.
Goldman analyst lifts some lodging price targets on slowing supply growth, increasing demandSeptember 30th, 2009 Sector Snap: Some lodging price targets raisedNEW YORK — A Goldman Sachs analyst boosted the price targets of some lodging companies Tuesday, citing slowing supply growth and an uptick in demand. Many lodging operators saw declining demand during the recession as consumers looked to trim costs and held back on booking trips or took shorter vacations.
Sheraton kicks off revitalization promotion, offers free stay Oct. 23 at 86 domestic locationsSeptember 30th, 2009 Sheraton offers free night stay at 86 locationsCHICAGO — The owner of Sheraton hotels will offer thousands of guests a free night's stay in dozens of North American locations as part of a massive campaign that kicks off Wednesday to highlight the chain's $6 billion revitalization efforts. The deal is available for overnight stays on Oct.
Analyst lifts FedEx 2 notches to 'Outperform,' citing better volume, shaky competitorAugust 28th, 2009 Analyst lifts FedEx 2 notches to 'Outperform'NEW YORK — An analyst upgraded shares of FedEx Corp. to "Outperform" from "Underperform," saying slight improvements in global package volume, wage cuts and the possible bankruptcy of a major trucking company will drive earnings — and in turn, shares — higher.
Analyst lifts Las Vegas Sands price target after company amends credit agreementAugust 14th, 2009 Analyst increases Las Vegas Sands price targetNEW YORK — An analyst boosted Las Vegas Sands Corp.'s price target Friday after the casino operator reworked a credit agreement so that it could potentially sell a minority stake in its Macau operations to raise cash. Thursday, the Sheldon Adelson-led Las Vegas Sands said the amended Macau facility would improve its financial flexibility.
Starwood Hotels & Resorts climbs 28 pct due to cuts plus gain from Italian tax incentiveJuly 23rd, 2009 Starwood 2Q profit rises on cuts, tax benefitCHICAGO — Starwood Hotels & Resorts Worldwide Inc. managed to beat Wall Street profit forecasts Thursday, despite posting a disappointing decrease in per-room revenue for the second quarter.
Starwood Hotels & Resorts climbs 28 percent mostly on gain from Italian tax incentive programJuly 23rd, 2009 Starwood 2Q profit rises on Italian programWHITE PLAINS, N.Y. — Starwood Hotels & Resorts Worldwide Inc.
Analyst keeps Bally Technologies as top pick; lifts price targets for Bally, WMS IndustriesJuly 22nd, 2009 Sector Snap: Analyst keeps Bally Tech as top pickNEW YORK — An analyst kept slot-machine maker Bally Technologies Inc. as his top pick Wednesday, saying the company continues to find ways to expand margins and cut costs.
Starwood Hotels & Resorts readies to release 2nd quarter resultsJuly 21st, 2009 Earnings Preview: Starwood Hotels & Resorts Inc.CHICAGO — Starwood Hotels & Resorts Inc. reports its second-quarter earnings on Thursday.
Tata Communications ties up with Starwood HotelsJune 30th, 2009 MUMBAI - Indian telephony and internet services provider Tata Communications Tuesday announced its partnership with Starwood Hotels and Resorts Worldwide to roll out its video-conferencing facility in the hotel giant's properties. Under the agreement, Tata will increase its network of public Cisco Telepresence rooms by opening 10 new facilities in Starwood's hotels by the year-end, the company said in a regulatory statement.
Analyst keeps Bally Technologies as top pick, says company's stock is undervaluedJune 26th, 2009 Analyst keeps Bally Technologies as top pickNEW YORK — A Morgan Joseph analyst said Friday that Bally Technologies Inc. remains his top pick, saying that the slot machine maker's stock is undervalued.
Deep cost cuts help Starwood Hotels book 1st-qtr results above Wall Street's forecastApril 30th, 2009 Starwood's 1Q beats expectations after cost cutsNEW YORK — Deep cost-cutting helped Starwood Hotels & Resorts Inc. deliver first-quarter results above Wall Street's expectations on Thursday and the lodging company echoed comments by rivals that hotel demand is beginning to stabilize.
Starwood Hotels 1st-qtr profit falls 81 percent, but surpasses Wall Street's forecastApril 30th, 2009 Starwood 1Q profit drops, but results top StreetNEW YORK — Starwood Hotels & Resorts Inc. said Thursday that its first-quarter profit plunged 81 percent, but deep cost cuts helped the lodging company's adjusted results beat Wall Street's expectations.
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