Executives from companies such as Marriott (NASDAQ:MAR) and Hilton (NYSE:HLT) met with President Trump on Tuesday to discuss a bailout, consisting of $150B in direct aid for the hotel sector and $100B
These stocks are expected to see significant earnings growth in 2019.
The most recent short interest data has been released for the 01/31/2019 settlement date, which shows a 648,548 share increase in total short interest for Belmond Ltd (BEL), to 6,941,313, an increase of 10.31% since 01/15/2019. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded..
Here are five key S&P 500 stocks to buy now that the S&P is more likely to deliver solid gains in given favorable macroeconomic tailwinds.
BEL – BEL leads the way today as the best performing mid cap stock, closing up 39.83%.
BEL – Led by ticker BEL, “Travel – Hotels/Resorts” was our best performing stock category of the day, with a 1.81% gain.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in bluebird bio Inc (BLUE), where a total volume of 4,493 contracts has been traded thus far today, a contract volume which is representative of approximately 449,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.6% of BLUE's average daily trading volume over the past month, of 794,220 shares..
A buyer has come knocking on Belmond's door.
LVMH is betting $2.6 billion that consumers who spend $1,000 on a Louis Vuitton bag will splash out for a $2,000-a-night hotel on Italy’s Amalfi Coast.
Adobe, Walgreens, and Cisco are also in play.
Belmond is the owner, part-owner or manager of 46 luxury hotels, restaurant, trains and river cruise properties.
U.S. stock futures fell as European Central Bank chief Mario Draghi said Thursday that risks are moving to the downside, while China disclosed disappointing economic data on Friday, underscoring that Draghi may have reason for concern.
LVMH Moet Hennessy Louis Vuitton and Belmond Ltd. jointly announced that they have entered into a definitive agreement for LVMH to acquire Belmond.
Check out the companies making headlines before the bell
European shares were sharply lower in early trade on Friday as weak Chinese data...
French luxury behemoth Louis Vuitton Moet Hennessy revealed on Friday that it will buy hotel group Belmond.
French luxury behemoth Louis Vuitton Moet Hennessy Friday said it agreed to buy ...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Tesaro Inc (TSRO), where a total of 34,767 contracts have traded so far, representing approximately 3.5 million underlying shares. That amounts to about 99.5% of TSRO's average daily trading volume over the past month of 3.5 million shares..
The most recent short interest data has been released for the 11/15/2018 settlement date, which shows a 526,105 share decrease in total short interest for Belmond Ltd (BEL), to 2,944,408, a decrease of 15.16% since 10/31/2018. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded..
As travel volumes are expected to shoot up, investing in travel and leisure companies seems profitable.
Taking on new long setups today is a torturous prospect that should be avoided.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Peabody Energy Corp (BTU), where a total volume of 3,936 contracts has been traded thus far today, a contract volume which is representative of approximately 393,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.4% of BTU's average daily trading volume over the past month, of 848,710 shares..
The most recent short interest data has been released for the 10/31/2018 settlement date, which shows a 398,199 share increase in total short interest for Belmond Ltd (BEL), to 3,470,513, an increase of 12.96% since 10/15/2018. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded..
Mega cap stocks like Apple (AAPL) and Goldman Sachs (GS) are dragging the market lower and should today worsen even more than the 40 points that we are seeing so far, then talks of the October lows will run rampant.
Jefferies analyst David Katz reiterated a Buy rating on Belmond Ltd (BEL – Research Report) yesterday and set a price target of $22. The company’s shares closed yesterday at $18.75, close to its 52-week high of $18.85. According to TipRanks.com, Katz has 0 stars on 0-5 star ranking scale with an average return of -12.3%
BEL earnings call for the period ending September 30, 2018.