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Latest MAR News From Around the Web
Below are the latest news stories about Marriott International Inc that investors may wish to consider to help them evaluate MAR as an investment opportunity.
Moody's rating action reflects a base expected loss of 9.1% of the current pooled balance, compared to 4.8% at Moody's last review. The second largest troubled loan is the Tides Building (1.8% of the pool), which has also suffered declining performance since securitization and the borrower has requested relief as a result of the coronavirus pandemic.
Jim Cramer told viewers of Mad Money Monday evening that the race is on for a Covid-19 vaccine by the end of the year, but that hasn't stopped investors from snapping up stocks of companies that need a vaccine to thrive. Marriott International is a logical choice, he said, as travel isn't likely to recover without a vaccine. Shares of Marriott surged 5.4% Monday.
Marriott International, Inc. (MAR) Presents at J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum 2020 (Transcript)
Marriott International, Inc. (MAR) J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum 2020 September 14, 2020 9:40 a.m. ET Company Participants Leeny Oberg - CFO Conference Call Participants Presentation Unidentified Analyst All right. Good morning, everybody. We are excited to kick off another fireside chat session with Leeny...
Though the hotel business continues to be far below pre-Covid levels, lodging company Marriott has seen a “slow but steady progression in the increase in demand since April.”
Marriott International Inc. plans to lay off 17% of its corporate workforce next month as the coronavirus continues to take a heavy toll on the hotel industry
Marriott International CEO To Participate In Webcast Hosted By Bank of America Securities September 10
Arne Sorenson, president and chief executive officer at Marriott International, Inc. (Nasdaq: MAR), will participate in a webcast hosted by Bank of America Securities, to be held on Thursday, September 10. Mr. Sorenson's remarks will be at approximately 10:00 a.m., Eastern Time, and will be webcast live.
Barron’s screened for quality stocks in the S&P 500 that were in the top 20% of relative value within their respective industry and had at least 30% expected returns on equity in the next fiscal year.
Fewer Americans are traveling this Labor Day weekend. Those who are are opting to leave the city and find remote destinations.
Airline stocks have taken off too much, says this top-ranked Wall Street analyst.
The hotel industry remains on brink of collapse amid the pandemic, according to the American Hotel & Lodging Association. Yahoo Finance's Melody Hahm discusses.