MARKET TALK: Credit Suisse Cautious On Accor
29th Jun 2010 08:32
0732 GMT [Dow Jones] Credit Suisse remains cautious on Accor (AC.FR), ahead of Edenred's demerger, on the company's growth strategy and restructuring plans, noting lower visibility compared with Whitbread (WTB.LN) and lower-quality profile compared with Intercontinental Hotels. Keeps neutral recomme
Read moreTuesday tips round-up: Intercontinental Hotels, Domino Printing, GW Pharmaceuticals
22nd Jun 2010 06:47
Intercontinental Hotels, which yesterday relaunched its 2,500th Holiday Inn hotel, has had what can only be described as an excellent run of late. The shares are up about 18% since 25 May, and are more than 30% ahead of the levels seen at the beginning of the year. In terms of enterprise value to e
Read morePRESS RELEASE: IHG Signs Agreement for New InterContinental Hotel in Cartagena, Colombia
15th Jun 2010 17:38
New Property Expands upon InterContinental Hotels' Six-Decade Legacy in the Region MIAMI--(BUSINESS WIRE)--June 15, 2010-- IHG (InterContinental Hotels Group), (LSE:IHG) (NYSE:IHG) (ADRs), the world's largest hotel group by number of rooms, and Latin America's most experienced international hote
Read moreLondon close: Higher finish for FTSE 100
15th Jun 2010 16:39
British Satellite Broadcasting (BSkyB) was in focus Tuesday, climbing more than 16% to help Footsie to a higher finish after an offer from News Corp. News Corporation, the vehicle of media magnate Rupert Murdoch, is fed up being a 39.1% minority shareholder in BSkyB and wants to gain full control o
Read moreUPDATE: Travelodge Withdraws From UK Hotel Lobby Group
15th Jun 2010 15:00
(Adds further comment from the CEO and background) By Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. budget hotel company Travelodge Tuesday withdrew from industry lobby group The British Hospitality Association as the company's new chief executive seeks to distance the co
Read moreTravelodge Withdraws From UK Hotel Industry Lobby Group
15th Jun 2010 14:52
LONDON (Dow Jones)--U.K. budget hotel company Travelodge Tuesday withdrew from industry lobby group The British Hospitality Association as the company's new chief executive seeks to distance the company from the rest of the industry. "In preparation of his new role as chief executive, on July 1,
Read moreLondon afternoon: British Airways soars on ACAS news
15th Jun 2010 14:35
Shares have largely moved sideways in the afternoon session, with the sharp rise by British Satellite Broadcasting (BSkyB) more than offsetting the loss on BP, which is once again featuring high on traders' sell lists after ratings agency Fitch downgraded the oil giant's credit rating. News Corpora
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
15th Jun 2010 12:12
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1112 GMT [Dow Jones] Societe Generale increases InterContinental Hotels Group (IHG.LN) price target to 1060p from 880p. Nu
Read moreMARKET TALK: SocGen Increases InterContinental Price Target
15th Jun 2010 12:12
1112 GMT [Dow Jones] Societe Generale increases InterContinental Hotels Group (IHG.LN) price target to 1060p from 880p. Nudges up its revenues per available room (RevPAR) assumptions following Starwood Hotels' (HOT)- rated hold -comments and Marriott International's (MAR)- rated buy - bullish guidan
Read moreLondon midday: Tesco joins market advance
15th Jun 2010 11:53
Though prices came off in the last hour of the morning Footsie still had a positive session, with equities boosted by the release of better than expected inflation figures. The annual rate of inflation fell to 3.4% in May from 3.7% the previous month. The fall was more than had been expected, but
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
15th Jun 2010 07:52
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0652 GMT [Dow Jones] Morgan Stanley raises InterContinental Hotels Group (IHG.LN) price target to 1320p from 950p. "We remain
Read moreMARKET TALK: M Stanley Raises InterContinental Hotels Target
15th Jun 2010 07:52
0652 GMT [Dow Jones] Morgan Stanley raises InterContinental Hotels Group (IHG.LN) price target to 1320p from 950p. "We remain equalweight InterContinental as the outlook is uncertain, although we want to turn more positive as stronger-than-expected recent hotel demand suggests this should be a 'norm
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
15th Jun 2010 07:52
0527 GMT [Dow Jones] Indonesia shares +0.7% at 2846.638 midday in light volume, off earlier low of 2824.745, tracking gains across Asian markets, traders say; add, firmer rupiah also helps; tip immediate resistance at 2850. "Foreign buying in bank and consumer-related blue chips has driven the main
Read moreUS STOCKS VIEW: Pack Your Portfolio With Travel-Sector Stocks
14th Jun 2010 13:13
By William Spain A DOW JONES COLUMN As Americans hit the road in larger numbers this summer after a couple of grim years, some companies that cater to the leisure traveler look particularly scenic. So pack the kids and the sunscreen in the car--and some of these stocks in your portfolio.
Read moreWednesday tips round-up: Babcock, Lookers, Intercontinental Hotels
12th May 2010 07:40
Babcock's scope to provide public services more cheaply is its big attraction. Although fears of government cutbacks remain to the fore, the company is not dependent on new capital expenditure. Further, the tie-up with VT gives it an unparalled presence in technical training, an area where skills a
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