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Marriott Posts Loss; Room Revenue Jumps
Tickers in this article: MAR
Marriott International posts a third-quarterly loss, but room revenue jumps nearly 9%.
10/05/11 - 05:27 PM EDT
MORE NEWS FOR LEISURE
| Company | Last | %CHNG | Volume |
|---|---|---|---|
| Domino's Pizza Inc. (DPZ) | 59.21 | 4.59 | 1.93 M |
| Orbitz Worldwide Inc. (OWW) | 7.95 | 4.19 | 1.53 M |
| Luby's Inc. (LUB) | 8.16 | 3.68 | 0.04 M |
| Marriott Vacations Worldwide Corp (VAC) | 44.27 | 3.27 | 0.47 M |
| Lakes Entertainment Inc. (LACO) | 3.65 | 3.11 | 0.06 M |
| Bloomin Brands Inc (BLMN) | 22.15 | 2.93 | 6.90 M |
| MTR Gaming Group Inc. (MNTG) | 4.09 | 2.76 | 0.07 M |
| Town Sports International Holdings Inc. (CLUB) | 10.75 | 1.99 | 0.06 M |
| Jamba Inc. (JMBA) | 3.10 | 1.97 | 1.43 M |
| Boyd Gaming Corporation (BYD) | 12.75 | 1.92 | 1.94 M |
| Company | Last | %CHNG | Volume |
|---|---|---|---|
| Asia Entertainment & Resources Ltd. (AERL) | 4.27 | -13.39 | 0.50 M |
| Melco Crown Entertainment Ltd (MPEL) | 23.26 | -4.71 | 6.94 M |
| Cosi Inc. (COSI) | 2.30 | -3.97 | 0.29 M |
| Nathans Famous (NATH) | 50.52 | -3.40 | 0.02 M |
| China Lodging Group Limited (HTHT) | 16.07 | -3.19 | 0.04 M |
| Home Inns & Hotels Management Inc. (HMIN) | 28.62 | -3.11 | 0.24 M |
| Ignite Restaurant Group Inc (IRG) | 18.89 | -2.83 | 0.06 M |
| MakeMyTrip Ltd. (MMYT) | 12.55 | -2.49 | 0.04 M |
| Good Times Restaurants Inc. (GTIM) | 2.95 | -2.48 | 0.01 M |
| PokerTek Inc. (PTEK) | 1.22 | -2.40 | 0.01 M |
| Company | Last | %CHNG | Volume |
|---|---|---|---|
| McDonald's Corporation (MCD) | 101.03 | -0.70 | 13.73 M |
| MGM Resorts International (MGM) | 14.93 | -0.99 | 10.09 M |
| Las Vegas Sands Corp (LVS) | 57.80 | -1.50 | 7.13 M |
| Melco Crown Entertainment Ltd (MPEL) | 23.26 | -4.71 | 6.94 M |
| Bloomin Brands Inc (BLMN) | 22.15 | 2.93 | 6.90 M |
| Carnival Corporation (CCL) | 32.99 | -0.15 | 6.34 M |
| Starbucks Corporation (SBUX) | 63.52 | -0.98 | 4.12 M |
| Expedia Inc. (EXPE) | 58.21 | 0.92 | 3.63 M |
| Wendy's Co (WEN) | 6.00 | -0.33 | 3.33 M |
| Starwood Hotels & Resorts Worldwide Inc (HOT) | 68.46 | 0.96 | 3.27 M |
| Company | Last | %CHNG | Mkt Cap |
|---|---|---|---|
| McDonald's Corporation (MCD) | 101.03 | -0.70 | $102.4 B |
| Las Vegas Sands Corp (LVS) | 57.80 | -1.50 | $49.1 B |
| Starbucks Corporation (SBUX) | 63.52 | -0.98 | $48.1 B |
| Yum Brands Inc (YUM) | 69.30 | -0.76 | $31.6 B |
| Carnival PLC (CUK) | 33.97 | -0.18 | $28.1 B |
| Carnival Corporation (CCL) | 32.99 | -0.15 | $20.0 B |
| Wynn Resorts Ltd (WYNN) | 138.45 | -2.25 | $14.4 B |
| Melco Crown Entertainment Ltd (MPEL) | 23.26 | -4.71 | $13.5 B |
| Marriott International Inc. (MAR) | 42.58 | -0.44 | $13.4 B |
| Starwood Hotels & Resorts Worldwide Inc (HOT) | 68.46 | 0.96 | $13.3 B |
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Latest Market Update
04:31PM 05/23/13
NEW YORK (TheStreet) -- Major U.S. stock averages dropped Thursday after a choppy trading session, as investors worried the Federal Reserve would scale back stimulus and China could be headed for a slowdown.
A better-than-expected jobless claims report gave way to worries that the labor market was indeed improving and would encourage the Federal Reserve to taper its bond-buying program. Manufacturing data in China indicated an unexpected contraction in manufacturing activity in the country, culminating into the steepest decline for the Nikkei 225 in Japan since the aftermath of the tsunami and nuclear disaster in March 2011. The index closed down 7.3%.
"We had about a 3% intraday move to the downside from yesterday's high to today's low based upon what came out of the Fed yesterday," said Phil Orlando, chief equity market strategist at Federated Investors. Equities did retrace from their intraday lows by midday. "This market has gone vertically . . . and this is the most hated rally in the history of the stock market . . . and I expect down 3% some cash started to come into the market at the margin." ...
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