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Earnings highlights: GE, Alcoa, Marriott, Pepsi Bottling, Wal-Mart, Boeing and others

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: GE, Alcoa, Marriott, Pepsi Bottling, Wal-Mart, Boeing and others

Marriot (MAR) second quarter earnings preview

The earnings season was officially launched last night with Alcoa Inc. (NYSE: AA) reporting better than expected numbers, and tomorrow we are going to see another big name, Marriott International (NYSE: MAR) report its second quarter numbers.

The company is due to report its current earnings prior to the market open, and going into tomorrow's report analysts are looking to see the company show 49 cents per share on $3.15 billion in revenues. The housing slump over the past year has definitely been hurting hotel operators, so it will be interesting to see what kind of quarter Marriott is able to show to its investors.

The last time the hotel chain released its quarterly numbers was back on April 17, when it matched analyst estimates for its first quarter with 33 cents per share. The stock made a brief rally following the release, but over the past month has been in a solid downward trend.

Continue reading Marriot (MAR) second quarter earnings preview

Two Super Bowl stocks

With all eyes this weekend on whether the New England Patriots can go undefeated for the whole season and beat the New York Giants in the Super Bowl, here are two stocks that should move up nicely so that you can go to Disney World on the profits.

Ing Groep (NYSE: ING) is certainly best of breed. The bank is very well run, and has not had to write off too much for subprime. It is currently trading with a dividend yield of 5.2% and has a tiny PEG of 0.77. This is a stock that Tom Brady can take to the bank.

Host Hotels and Resorts (NYSE: HST), formerly Host Marriott, the largest hotel real estate investment trust (REIT) in the US, owns some 120 luxury and upscale hotels in North America. Most of its hotels operate under the Marriott and Ritz-Carlton brands and are managed by sister firm Marriott International. Other brands include Four Seasons and Hyatt. It is currently trading with a 4.9% dividend yield and very close to the 52-week low. As the economy starts exiting the slow growth mode, it should do well.

Aaron Katsman is the lead Portfolio Manager and Managing Director of America Israel Investment Associates, LLC. and Senior Editor of IsraelNewsletter.com. DISCLOSURE: Writer has no positions in any stock mentioned as of 2/1/08.

Analyst downgrades 11-27-06: Hilton, Marriot downgraded

MOST NOTEWORTHY: Three prominent stocks in the hotel sector along with Analog Devices (ADI) topped today's list of downgrades.

  • A.G. Edwards downgraded three hotels, citing valuation for their rationale: Starwood Hotels (NYSE:HOT), Hilton Hotels (NYSE:HLT) and Marriot Int'l (NYSE:MAR) were downgraded to Hold from Buy.
  • Bernstein downgraded Analog Devices (NYSE:ADI) to Market Perform from Outperform; they are cautious on the strategy, execution and overall risk/reward profile of the company.

OTHER DOWNGRADES:

  • Brean Murry downgraded two retailers to Sell from Hold today: Claire's Stores (NYSE:CLE) and Aeropostale (NYSE:ARO). The firm believes Claire's recent upside was due to speculation of a buyout, which they feel is unlikely, while Aeropostale's downgrade was based on the "50% off-the-store", which should limit the potential benefits.
  • Finally, US Steel Group (NYSE:X) was downgraded to Hold from Buy at Soleil, citing valuation.

Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Symbol Lookup
IndexesChangePrice
DJIA-137.0910,327.31
NASDAQ-30.702,145.35
S&P 500-15.831,094.80

Last updated: November 27, 2009: 10:51 AM

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