1.95k followers • 12 symbols Watchlist by Yahoo Finance
This basket consists of companies tied to modern and traditional romance in the US.
The Home Depot, Inc.
Marriott International, Inc.
The Hershey Company
Match Group, Inc.
Tiffany & Co.
Darden Restaurants, Inc.
L Brands, Inc.
Signet Jewelers Limited
AMC Entertainment Holdings, Inc.
Ruth's Hospitality Group, Inc.
The Trump administration has ordered Marriott International <MAR.O> to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been a symbol of the U.S.-Cuban detente. Starwood Hotels, now owned by Marriott, four years ago became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution amid the normalization of relations pursued by former President Barack Obama.
Shares of luxury jeweler Tiffany & Co. (NYSE: TIF) have jumped today, up 6.7% as of 3:30 p.m. EDT, after luxury conglomerate LVMH Moet Hennessy (OTC: LVMHF) backed off its threat to renegotiate the terms of its deal to acquire Tiffany. Last year, LVMH agreed to purchase Tiffany for $16.2 billion, or $135 per share, in a deal that was -- at the time -- expected to close this month.
Movie theater stocks including AMC Entertainment (NYSE: AMC), Cinemark Holdings (NYSE: CNK), Marcus (NYSE: MCS), and National Cinemedia (NASDAQ: NCMI) were all moving higher today after the May employment report was much better than expected. It was a strong sign that the economic recovery is well under way, and investors reacted enthusiastically, sending shares of hard-hit stocks like movie theaters and other consumer discretionary companies surging. As of 11:16 a.m. EDT, AMC shares were up 10%, Cinemark had gained 8.8%, Marcus was up 12.8%, and National Cinemedia was trading up 14.9%.
In this episode of Market Foolery, Chris Hill chats with Motley Fool analyst Bill Barker about some of the latest earnings reports and other news from the markets. Analysts and investors cheer Zoom's revenue guidance.
The Trump administration has ordered Marriott International to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been a symbol of the U.S.-Cuban detente. Starwood Hotels, now owned by Marriott, four years ago became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution in the mark of the normalization of relations pursued by former President Barack Obama.
The allure of penny stocks is that you can control a lot of shares for relatively little money, so that even small upward movements in the price can result in windfalls. Its recovery may be premature, as CEO Roy Harvey told analysts recently there was too much uncertainty to say we're on the edge of a recovery.
Following news that multinational luxury and fashion goods titan LVMH Moet Hennessy (OTC: LVMHF) wanted to lower the price on its acquisition of Tiffany & Co. (NYSE: TIF), sources say that the jewelry company threatened to launch a lawsuit in response. Today, LVMH says it won't try to renegotiate its deal with Tiffany, prompting a more than 7% rise in Tiffany's share value as investors bid the stock up on the favorable news. Last year, LVMH agreed to purchase Tiffany for $16.2 billion, or $135 per share, with a closing date originally set for June 2020, but postponed until October due to regulatory hurdles.
French luxury goods giant is not asking to renegotiate its $16.2-billion acquisition of U.S. jewelry chain Tiffany & Co after deliberating whether to do so, people familiar with the matter said on Friday. LVMH CEO Bernard Arnault has been in talks with his advisers this week to identify ways to pressure Tiffany to lower the agreed price of $135 per share in cash, Reuters reported on Wednesday. LVMH also said on Thursday that its board had discussed the impact of the COVID-19 pandemic on its deal with Tiffany.
Match Group, Inc. (MTCH) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
French luxury goods giant <LVMH.PA> is not seeking to renegotiate its $16.2 billion (£12.83 billion) acquisition of U.S. jewelry chain Tiffany & Co <TIF.N> after deliberating whether to do so, people familiar with the matter said on Friday. LVMH CEO Bernard Arnault had been in talks with his advisers this week to identify ways to pressure Tiffany to lower the agreed price of $135 per share in cash, Reuters reported on Wednesday. LVMH has decided it will not raise the issue of repricing the deal with Tiffany for now, after it considered the legal hurdles involved, the sources said.
While many businesses have had to shut down as a result of COVID-19, Amazon.com (NASDAQ: AMZN) and Home Depot (NYSE: HD) have had the opportunity to stay open. In the release from the most recent quarterly results, CEO Jeff Bezos said, "From online shopping to [Amazon Web Services] to Prime Video and Fire TV, the current crisis is demonstrating the adaptability and durability of Amazon's business as never before, but it's also the hardest time we've ever faced." The pandemic has pushed people to shift more of their shopping to Amazon, and some of these customers will stick around even after the health crisis has run its course.
The company behind the trendy connected-fitness gear has a lot more in common with the market darling of streaming-video services than you probably think.
Investors and hedge funds are scrambling for hints of his tactics. Later on Tuesday attention shifted to LVMH’s planned takeover of Tiffany & Co, the US jewellery company that Arnault agreed to buy in November — before the outbreak of the coronavirus pandemic.
AMC Entertainment (AMC) closed the most recent trading day at $5.38, moving -1.28% from the previous trading session.
AMC Entertainment has been dealing with several issues, including the coronavirus that caused theaters to close. Does the share price represent a buy at this level?
After the COVID-19 pandemic dashed L Brands' (NYSE: LB) hopes of selling a controlling stake in its troubled Victoria's Secret brand, the company is floating a bond offering totaling $1.25 billion for cash to fund its business. L Brands had worked out a deal to sell Victoria's Secret to Sycamore Partners, a private equity firm, for approximately $525 million. L Brands and Sycamore eventually agreed to cancel the acquisition.
In an announcement that didn't surprise anyone, AMC Entertainment Holdings (NYSE: AMC) -- you know it better as AMC Theatres or its Carmike Cinemas arm -- injected the always alarming "substantial doubt exists about our ability to continue as a going concern" language into Wednesday's preliminary first-quarter earnings report. Coronavirus-driven shutdowns have made an already difficult situation for the movie theater industry even worse, and it remains unclear when things might return to normal for the film business. AMC desperately needs the film business to win that war fast.
Match Group (MTCH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Given $50 per month to spend on streaming services, around half of Americans would subscribe to Amazon (NASDAQ: AMZN) Prime and Disney's (NYSE: DIS) Hulu and Disney+, according to a recent survey commissioned by Bloomberg. Unsurprisingly, 84% said they'd subscribe to Netflix (NASDAQ: NFLX). By comparison, Netflix, Amazon, and Disney benefit from competitive advantages that will keep subscribers around while new productions are halted.
McDonald's owns or franchises almost 39,000 of its fast-food restaurants in 119 countries. As the owner of Olive Garden, Longhorn Steakhouse, and several other restaurant chains, Darden operates more than 1,700 restaurants, most of which are in North America. Now, as the restaurant sector continues its reopenings, restaurant investors may ponder whether the fast-food model of McDonald's or a casual dining chain such as Darden will be the more profitable investment.
Moody's Investors Service ("Moody's") today confirmed Screenvision, LLC's (Screenvision) existing ratings, including the B2 Corporate Family Rating (CFR). Together with a one-notch ratings downgrade on 27 March 2020, today's rating actions reflect the impact of coronavirus outbreak on Screenvision, the breadth and severity of the shock, and the broad deterioration in credit quality it has triggered.
As Oyo hotels tries to regain its footing coming out of the coronavirus crisis, it is making a variety of business model and strategy shifts in markets such as India, the United States, and China. Oyo founder and CEO Ritesh Agarwal discussed these changes, as well as the pain of restructuring, and his outlook for […]
Bars and entertainment venues in much of Florida could reopen on Friday, the same day that the Philadelphia area saw its first easing of coronavirus restrictions after more than 2 1/2 months. Hair and nail salons as well as retail stores, among other businesses, also are allowed to reopen with restrictions. Most of the rest of the state has already been allowed to reopen at least some businesses.