Stock Market News & Stocks to Watch from StraightStocks » travel industry

November 23rd CEOcast Weekly Newsletter

QualityStocks — Mon, 23 Nov 2009 20:51:54 +0000

Companies featured in this edition of the newsletter: ACTC, CUR, CVM, DKAM, ENZ, IMUC, MFGD, NXOI, OMCM, ONEZ, PSID, XSNX Markets continued to carry momentum during the early stages of last week, as the absence of significant economic news led to a continuation of the upward trend characterizing the past few weeks, until an earnings miss [...]

DrStockPick.com Stock Report! 10/08/09, LUV, KMP, BBOX, SPDE, STM, BDGR

Dr. Stock Pick — Thu, 08 Oct 2009 17:10:09 +0000

Dr Stock Pick HOT News & Alerts! _______________________________________ FREE Daily Stock Alerts From DrStockPick.com _______________________________________ Thursday October 8, 2009 DrStockPick.com Stock Report! ************************************************************** Southwest Airlines (NYSE: LUV) and ITA Software, Inc., the leader in developing innovative solutions for the travel industry, today announced advanced capabilities that support Southwest’s website enhancements and allows the airline to further extend the [...]

Market Recoils as CIT Edges Toward Bankruptcy

Contrarian Profits — Mon, 20 Jul 2009 15:00:22 +0000

pThe probably bankruptcy of strongCIT Group Inc. (NYSE: a href="http://www.google.com/finance?q=cit" target="_blank"CIT/a) could/strong have major implications on the retail and manufacturing sectors this week, as many related companies are reliant on the financing giant./p pWith options running out over the weekend, CIT advisors began preparations for a bankruptcy filing. As of Sunday, strongJPMorgan Chase #38; Co. (NYSE: a href="http://www.google.com/finance?q=jpm" target="_blank"JPM/a)/strong and strongMorgan Stanley (a href="http://www.google.com/finance?q=ms" target="_blank"MS/a) /stronga href="http://www.bloomberg.com/apps/news?pid=20601103#38;sid=aAxblWMCEuDg" target="_blank"were talking with other banks about a debtor-in-possession loan/a, used to fund a company’s operations after it seeks court protection from creditors, strongemBloomberg News /em/strongreported./p pBondholders held calls last week to discuss whether to swap some claims for equity to reduce indebtedness. Thomas Lauria, a lawyer at White #38; Case LLP, told strongemBloomberg/em/strong that a group of CIT creditors he represents offered to provide $3 billion in new loans to bridge CIT to#8230;/p

IDO Security, Inc. (IDOI.OB) Expands Presence in Southeast Asia with Multi-Unit Order of MagShoe™ in Vietnam

QualityStocks — Tue, 14 Jul 2009 14:10:39 +0000

IDO Security, Inc., a designer, developer and marketer of the patented, UL-certified MagShoe™ weapons metal detection system, recently announced a multi-unit order with a major security products distribution specialist based in Vietnam. The company’s innovative “shoes-on” weapons metal detection system provides thorough scanning of the lower body and feet and will be shipped to major [...]

Top Performer for Friday: Ctrip.com (CTRP) – Zacks #1 Rank Top Performers

James Giaquinto — Fri, 05 Jun 2009 05:00:00 +0000

Taking a trip may not be your first instinct during tough economic times, but that hasn't kept Ctrip.com International, Ltd. (CTRP) from making the Zacks #1 Rank Top Performers List.

Shares of the company, which is kind of like a Chinese version of priceline.com, are up more than 7% Friday on volume of about 1.68 million, compared to the average of 1.97 million.

In mid May, CTRP reported solid first-quarter results, which has led to an increase in earnings estimates over the past 30 days.

Still Movin' Despite the Slowdown

CTRP was able to grow profit under difficult circumstances due to "strong execution in operations and prudent controls on cost".

Earnings per ADS reached 26 cents in the quarter, which was 30% better than the consensus at 20 cents. This marked the second straight quarter of better-than-expected profit, as the fourth quarter saw a surprise of more than 13%.

Net revenues advanced 18% year over year to US$59 million.

Earnings Estimates Reflect Good Quarter

Analysts responded to CTRP's report by raising estimates for the years ending December 2009 and December 2010. Expectations for this year are up 17.2% in the past 30 days as 5 of 8 covering analysts revised higher.

Next year's consensus has also advanced by 17.2% in that time. Analysts now expect $1.43 for the year, which currently marks a more than 30% improvement over this year's consensus of $1.09.

"While the business environment remains uncertain, we will extend our leadership in the China travel industry through excellent customer service, strategic alliance with our partners, advanced IT technologies and innovative sales and marketing channels," said CEO Min Fan.

Not Much Electronic Commerce on Zacks #1 Rank List

CTRP is part of the Electronic Commerce industry, and there is only 1 other company from that space on today's Zacks #1 Rank List, which includes 228 in total. Fittingly, the other company is priceline.com (PCLN).

Zacks Investment Research

Casino Stocks: The One Sin Stock You Should Be Betting On

Investment U — Thu, 07 May 2009 13:02:51 +0000

Casino Stocks: The One Sin Stock You Should Be Betting On by David Fessler, Advisory Panelist Casino stocks have been more than down on their luck lately. In fact, they’ve been on the ropes more than one of their prizefighting boxers. And it’s no wonder. The recession has hit consumers hard. And many have cut their spending, [...]

Swine Flu Affects Travel Stocks – Analyst Blog

Zacks Market Commentaries — Mon, 27 Apr 2009 18:59:30 +0000

Highlights include Carnival Corp. (CCL/CUK), Royal Caribbean Cruises, Ltd. (RCL), Marriott International, Inc. (MAR) and Starwood Hotels & Resorts Worldwide, Inc.(HOT).

Travel Stocks Down on Swine Flu Concerns

Swine Flu concerns have driven travel industry stocks lower today, as the Street fears this recent development will only add to the challenges already facing the sector.

These fears were amplified today when the European Union's health commissioner warned that Europeans "should avoid traveling to Mexico or the United States of America unless it is very urgent for them."

The Centers for Disease Control and Prevention in Atlanta has stated that this proclamation was unwarranted, as there have only been 20 cases confirmed in the United States, only one of which even required hospitalization.

With travel demand already at extremely weak levels, any additional adversity could make the operating environment in the travel industry even more challenging.

We would expect concerns over the Swine Flue outbreak to impact the cruise line stocks, including Carnival (CCL/CUK) and Royal Caribbean (RCL) -- more than those of the hotel companies. With their close quarters and itineraries that include ports in Mexico, we expect that the perceived risk among travelers would be highest in this sector.

While the direct risk to hotel companies such as Marriott (MAR) and Starwood (HOT) is lower, in our opinion, the operating environment in the hotel industry is already so weak that any additional deterioration in demand could delay the eventual stabilization of the industry.

We believe that it is important to note that information regarding this outbreak of swine flu is in its very early stages. As more details become known, the impact on the travel industry could change substantially. In the near-term, however, the news simply adds new problems to an industry that was already struggling with the impact of the global economic recession. This development does nothing to improve that picture.

Read the full analyst report on "CCL"
Read the full analyst report on "CUK"
Read the full analyst report on "RCL"
Read the full analyst report on "MAR"
Read the full analyst report on "HOT"
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Will Obama Lift the Trade Embargo Against Cuba?

Money Morning — Wed, 22 Apr 2009 10:10:58 +0000

By Jason Simpkins Managing Editor Money Morning U.S. President Barack Obama has opened the door to a broader relationship with Cuba by loosening travel and communication restrictions. But ... Money Morning is here to help investors profit hands...

Points International Ltd. (PTSEF.OB) Recognizes Record Fourth Quarter and 2008 Financial Results

QualityStocks — Thu, 12 Mar 2009 14:03:57 +0000

Points International Ltd., a leading loyalty reward solutions provider and owner of the Points.com portal, announced record fourth quarter and full year results. For the fourth quarter, total revenue was a record $21.7 million. Total revenue for the full year of 2008 was $75.6 million, an impressive 149% increase compared to the twelve months ended [...]

Georgia Stocks

Fred Fuld — Mon, 17 Nov 2008 02:24:00 +0000

As one of the states with the largest manufacturing industries in the country, it is no mystery as to why Georgia ranks as one of the top consumers of energy. Some interesting facts on what is the world 28th largest economy follow:

1. The travel industry contributes around $20 billion a year to the state economy.
2. Georgia’s bioscience industry generates 15,000 jobs.
3. Over 250 bioscience companies are headquartered in the state.
4. The Georgia paper industry is second only to Alabama, and it employs 26,000 workers.
5. The state has the largest commercial forest in the country, which produce over $19 billion in revenue and employ more than 150,000 people.
6. The food processing industry generates more than 70,000 jobs, and produces sales receipt of over $16 billion a year.
7. The largest manufacturing employer is the textile-carpet industry which employs over 100,000 workers and produces more than $2.5 billion in revenue annually.
8. There are over 700 textile companies headquartered in Georgia.
9. The mining industry of non fuel minerals produces $1.8 billion in income, and it employs over 9,000 workers.
10. Georgia’s clay production amounts to 24% of total U.S. production

The following companies are headquartered in Georgia:

The Coca-Cola Company (KO) makes, delivers and sells non alcoholic beverages around the globe. The stock has a market cap of $102.17 billion, a PE of 18, a PEG of 1.61, and it pays a yield of 3.4%.

United Parcel Service, Inc. (UPS) is a parcel delivery firm, and it operates worldwide. The stock has a market cap of $50.95 billion, a PE of 247, a PEG of 1.36, and it pays a yield of 3.5%.

Home Depot, Inc. (HD) is a retailer of home improvement products in North America. The stock has a market cap of $34.33 billion, a PE of 10, a PEG of 1.06, and it pays a yield of 4.5%.

Southern Company (SO) produces and markets electricity in the south. The stock has a market cap of $25.79 billion. A PE of 15, a PEG of 2.74, and it pays a dividend of 5.2%.

Aflac Incorporated (AFL) is a life and health insurance company in the United States and Japan. The stock has a market cap of $20.54 billion, a PE of 12, a PEG of 0.74, and it pays a yield of 2.3%.

SunTrust Banks, Inc (STI) is a financial institution providing services to individuals and businesses in the United States. The stock has a market cap of $14.81 billion, a PE of 12, a PEG of 2.49, and it pays a yield of 7%.

Invesco Ltd. (IVZ) is an investment management company providing management services in the United States. The stock has a market cap of $5.67 billion, a PE of 9, and it pays a yield of 1.4%.

Oca Cola Enterprises, Inc. (CCE) makes, distributes and sells nonalcoholic drinks. The stock has a market cap of $5.45 billion, a PEG of 1.27 and it pays a yield of 2.5%.

Genuine Parts Company (GPC) is a distributor of industrial and automobile parts in North America. The stock has a market cap of $5.48 billion, a PE of 11, a PEG of 1.30, and it pays a yield of 5.0%.

Intercontinental Exchange Inc. (ICE) is an online marketplace for the trading of securities and commodities. The stock has a market cap of $5.49 billion, a PE of 19, and a PEG of 0.67.

Don't forget to check out the stocks from the states of Wisconsin, Louisiana, Michigan, and Kentucky.

Author owns UPS.

By Stockerblog.com

TRX Inc. (TRXI): Traveling Towards Profits in Your Portfolio?

QualityStocks — Wed, 12 Nov 2008 13:04:21 +0000

TRX develops and hosts software applications to automate manual processes and track transaction data in the travel industry. Its suite of products and services that comprise TRAVELTRAX provides reporting through a Web-based data reporting tool; CORREX, which enables automated quality control, file finishing, and electronic ticketing, including low fare searches, seat assignments, upgrades, and alternate [...]

CTRP Soars 18%

James Giaquinto — Thu, 14 Aug 2008 13:37:18 +0000

Ctrip.com International, Ltd. (CTRP) reported that second-quarter revenue jumped 30% from the previous year and 10% sequentially. The China-based travel service provider also announced an increase in earnings.

In response to its solid quarter, shares had jumped 18% by midday Thursday.

"Although the travel industry in China encountered many difficulties during the second quarter of 2008 after the Sichuan earthquake, Ctrip delivered solid revenue and earnings growth," said CEO Min Fan.

Looking forward, CTRP expects third-quarter net revenue growth between 15% and 20% year over year.

CTRP is a Zacks #3 Rank company.

"CTRP" Free Stock Analysis: Buy? Sell? Hold?
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