See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Salesforce Inc. (CRM) - free report >>
Marriott International, Inc. (MAR) - free report >>
Verizon Communications Inc. (VZ) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Salesforce Inc. (CRM) - free report >>
Marriott International, Inc. (MAR) - free report >>
Verizon Communications Inc. (VZ) - free report >>
Image: Bigstock
Marriott Hotel King, Yahoo's Breach and Twitter to Be Sold?
Friday, September 23, 2016
Market futures are down ahead of the bell on this final trading day of the week. This follows two days of solid gains, including an all-time high on the Nasdaq. The S&P 500 is currently down 2.5 points, the Dow down 9 and the Nasdaq off 5.25 from Thursday’s close.
Reports this morning are that Twitter may be sold before the end of the year. The popular social media site has had prominent issues with profitability, including that its earnings before interest, taxes, depreciation and amortization (EBITDA) equals what it pays out to company executives in stock-based compensation. Both salesforce.com (CRM - Free Report) and (not surprisingly) Alphabet (GOOGL - Free Report) have been mentioned as possible suitors. TWTR shares are up more than 16% in the pre-market.
Marriott International (MAR - Free Report) has now become the world’s largest hotel chain. Its acquisition of Starwood Hotels & Resorts Worldwide for $13 billion joins hotel brands like Courtyard and of course Marriott with Sheraton and Westin hotel chains, among others.
The new company now possesses over a million room in more than 100 countries. These economies of scale may mean less expensive hotel rooms for consumers and businesses as the hotel industry battles relatively inexpensive entrants from Airbnb and VRBO. Marriott now owns in excess of 25% more hotel room property than second-place Hilton (H - Free Report) .
Beleaguered Internet giant Yahoo suffered a “state sponsored” breach of 500 million accounts in 2014, reports confirm this morning. No word yet on whether this affects the July deal to sell its core assets to Verizon (VZ - Free Report) , which had been expected to close early next year. No credit card or other payment info had been compromised, reportedly. For now we will restrain from speculating on which “state” may have been responsible.
Mark Vickery
Senior Editor