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VAC

Marriott Vacations

$77.64

-2.96 (-3.67%)

07:44
12/01/16
12/01
07:44
12/01/16
07:44

Marriott Vacations sees negative impact of $7M-$8M from Hurricane Matthew in Q4

During its third quarter 2016 earnings conference call on October 13, Marriott Vacations Worldwide Corporation indicated that mandatory evacuations, shutdowns and cancellations of reservations and scheduled tours resulting from Hurricane Matthew had impacted sales operations at several of its locations, primarily those located in Hilton Head and Myrtle Beach, South Carolina. Currently, all of the company's sales centers that were impacted by Hurricane Matthew are fully operational. The company said in a regulatory filing that it estimates that the negative impact to contract sales in the fourth quarter as a result of Hurricane Matthew was approximately $7M-$8M. Even with this negative impact, the company is reiterating its contract sales growth guidance of mid-teens for the fourth quarter and roughly four percent for the full year given the performance at its other sales centers. The company expects to mitigate a portion of the negative impact to net income from lost contract sales, as well as from lost rental and ancillary revenues, through business interruption insurance. The company expects to provide any available updates regarding Hurricane Matthew and its impact on the company's financial results during the fourth quarter 2016 earnings conference call.

VAC Marriott Vacations
$77.64

-2.96 (-3.67%)

01/04/16
TLSY
01/04/16
INITIATION
Target $64
TLSY
Market Perform
Marriott Vacations initiated with a Market Perform at Telsey Advisory
Target $64.
01/04/16
01/04/16
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: American States Water (AWR) initiated with an Underweight at Barclays... Atlassian (TEAM) initiated with a Buy at Canaccord... Belmond Ltd (BEL) initiated with an Underperform at Telsey Advisory... Callaway Golf (ELY) initiated with a Buy at Ladenburg... Choice Hotels (CHH) initiated with a Market Perform at Telsey Advisory... FireEye (FEYE) initiated with a Buy at Summit Research... Five9 (FIVN) initiated with an Outperform at Northland... Hilton (HLT) initiated with an Outperform at Telsey Advisory... Hyatt (H) initiated with a Market Perform at Telsey Advisory... InterContinental (IHG) initiated with a Market Perform at Telsey Advisory... MEG Energy (MEGEF) initiated with an Outperform at RBC Capital... MKS Instruments (MKSI) initiated with an Overweight at Pacific Crest... Marriott Vacations (VAC) initiated with a Market Perform at Telsey Advisory... Marriott (MAR) initiated with a Market Perform at Telsey Advisory... Park National (PRK) initiated with a Neutral at Boenning & Scattergood... Planet Fitness (PLNT) initiated with a Buy at Roth Capital... Skechers (SKX) initiated with a Market Perform at Cowen... Skyworks (SWKS) reinstated with an Overweight at Barclays... Veeva (VEEV) initiated with a Buy at Needham... Wyndham (WYN) initiated with an Outperform at Telsey Advisory... XO Group (XOXO) initiated with a Buy at Axiom.
02/04/16
FBCO
02/04/16
INITIATION
Target $66
FBCO
Outperform
Marriott Vacations initiated with an Outperform at Credit Suisse
Target $66.
02/05/16
02/05/16
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 21st Century Fox (FOXA) initiated with an Outperform at Telsey Advisory... AbbVie (ABBV) initiated with an Outperform at William Blair... CBS (CBS) initiated with an Outperform at Telsey Advisory... Criteo (CRTO) initiated with an Outperform at Boenning & Scattergood... LHC Group (LHCG) initiated with a Buy at Jefferies... Marriott Vacations (VAC) initiated with an Outperform at Credit Suisse... Prestige Brands (PBH) initiated with an Overweight at Piper Jaffray... Rubicon Project (RUBI) initiated with an Outperform at Boenning & Scattergood... TESARO (TSRO) initiated with a Buy at Lake Street... Time Warner (TWX) initiated with an Outperform at Telsey Advisory... TubeMogul (TUBE) initiated with a Neutral at Boenning & Scattergood... Viacom (VIAB) initiated with an Outperform at Telsey Advisory... Wyndham (WYN) initiated with a Neutral at Credit Suisse.

TODAY'S FREE FLY STORIES

MIK

Michaels

$24.31

0.34 (1.42%)

07:08
12/06/16
12/06
07:08
12/06/16
07:08
Earnings
Michaels reports Q3 adjusted EPS 40c, consensus 43c »

Reports Q3 revenue…

03/08/13
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03/08/13
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03/06/13
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  • 06

    Dec

IMMU

Immunomedics

$3.28

0.04 (1.23%)

07:08
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12/06
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Immunomedics introduces new ADC at ASH 2016 »

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  • 06

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    Feb

SAGE

SAGE Therapeutics

$51.82

2.8 (5.71%)

07:07
12/06/16
12/06
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SAGE Therapeutics announces expedited SAGE-547 development in PPD treatment »

Sage Therapeutics…

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  • 14

    Dec

SCSS

Select Comfort

$22.96

0.64 (2.87%)

07:07
12/06/16
12/06
07:07
12/06/16
07:07
Downgrade
Select Comfort rating change  »

Select Comfort downgraded…

03/08/13
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MIK

Michaels

$24.31

0.34 (1.42%)

07:07
12/06/16
12/06
07:07
12/06/16
07:07
Hot Stocks
Michaels announces increase of share repurchase program by $300M »

In December 2016, the…

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  • 06

    Dec

PFG

Principal Financial

$59.47

1.69 (2.92%)

07:06
12/06/16
12/06
07:06
12/06/16
07:06
Conference/Events
Principal Financial to host conference call »

Conference call to…

03/08/13
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03/08/13
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  • 06

    Dec

SPPI

Spectrum

$4.03

0.03 (0.75%)

07:06
12/06/16
12/06
07:06
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07:06
Hot Stocks
Spectrum highlights survival advantage in case match control analysis of PROPEL »

Spectrum Pharmaceuticals…

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  • 06

    Dec

  • 11

    Dec

PLUG

Plug Power

$1.47

0.04 (2.80%)

07:06
12/06/16
12/06
07:06
12/06/16
07:06
Initiation
Plug Power initiated  »

Plug Power initiated with…

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  • 13

    Dec

PSTI

Pluristem

$1.55

0.08 (5.44%)

07:06
12/06/16
12/06
07:06
12/06/16
07:06
Hot Stocks
Pluristem PLX-R18 advances into second cohort of study for ARS »

Pluristem Therapeutics…

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GPP

Green Plains Partners

$17.85

-0.15 (-0.83%)

07:06
12/06/16
12/06
07:06
12/06/16
07:06
Upgrade
Green Plains Partners rating change  »

Green Plains Partners…

03/08/13
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03/08/13
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AZN

AstraZeneca

$25.82

-0.07 (-0.27%)

07:05
12/06/16
12/06
07:05
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07:05
Hot Stocks
AstraZeneca says data presented shows TAGRISSO superiority over chemotherapy »

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  • 06

    Dec

  • 16

    Feb

EARS

Auris Medical

07:05
12/06/16
12/06
07:05
12/06/16
07:05
Hot Stocks
Auris Medical on track to resume enrollment of Keyzilen Phase 3 trial »

Auris Medical Holding…

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03/06/13
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03/06/13
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SNCR

Synchronoss

$49.00

1.81 (3.84%)

, IL

Intralinks

$11.27

0.11 (0.99%)

07:04
12/06/16
12/06
07:04
12/06/16
07:04
Earnings
Synchronoss sees FY17 pro forma EPS $2.45-$2.60 for combined entity »

May not compare to…

SNCR

Synchronoss

$49.00

1.81 (3.84%)

IL

Intralinks

$11.27

0.11 (0.99%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 07

    Dec

  • 12

    Dec

  • 13

    Dec

CHTR

Charter

$270.93

4.26 (1.60%)

07:04
12/06/16
12/06
07:04
12/06/16
07:04
Initiation
Charter initiated  »

Charter initiated with an…

03/08/13
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  • 06

    Dec

MDGN

Medgenics

07:04
12/06/16
12/06
07:04
12/06/16
07:04
Initiation
Medgenics initiated  »

Medgenics initiated with…

03/08/13
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  • 07

    Dec

AM

Antero Midstream

$28.48

-0.1 (-0.35%)

07:04
12/06/16
12/06
07:04
12/06/16
07:04
Upgrade
Antero Midstream rating change  »

Antero Midstream upgraded…

03/08/13
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HSBC

HSBC

$39.86

0.17 (0.43%)

07:03
12/06/16
12/06
07:03
12/06/16
07:03
Upgrade
HSBC rating change  »

HSBC upgraded to Equal…

03/08/13
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TGTX

TG Therapeutics

$5.70

0.2 (3.64%)

07:03
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TG Therapeutics GENUINE Phase 3 study reaches target enrollment »

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SNCR

Synchronoss

$49.00

1.81 (3.84%)

07:03
12/06/16
12/06
07:03
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07:03
Hot Stocks
Synchronoss to divest part of activation business to Sequential for $146M »

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  • 12

    Dec

  • 13

    Dec

SNCR

Synchronoss

$49.00

1.81 (3.84%)

, IL

Intralinks

$11.27

0.11 (0.99%)

07:03
12/06/16
12/06
07:03
12/06/16
07:03
Hot Stocks
Synchronoss to acquire Intralinks for $13/share, or $821M in equity value »

Synchronoss Technologies…

SNCR

Synchronoss

$49.00

1.81 (3.84%)

IL

Intralinks

$11.27

0.11 (0.99%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 07

    Dec

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    Dec

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    Dec

TEVA

Teva

$37.04

0.51 (1.40%)

07:02
12/06/16
12/06
07:02
12/06/16
07:02
Recommendations
Teva analyst commentary  »

Wells views departure of…

03/08/13
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03/08/13
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03/06/13
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  • 03

    Apr

NVCN

Neovasc

$1.42

0.56 (65.12%)

07:02
12/06/16
12/06
07:02
12/06/16
07:02
Hot Stocks
Neovasc provides update on Tiara transcatheter mitral valve »

Neovasc provided an…

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03/06/13
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03/06/13
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GDS

GDS Holdings

$9.93

-0.07 (-0.70%)

07:02
12/06/16
12/06
07:02
12/06/16
07:02
Initiation
GDS Holdings initiated  »

GDS Holdings initiated…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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SNCR

Synchronoss

$49.00

1.81 (3.84%)

, IL

Intralinks

$11.27

0.11 (0.99%)

07:02
12/06/16
12/06
07:02
12/06/16
07:02
Hot Stocks
Breaking Hot Stocks news story on Synchronoss, Intralinks »

Synchronoss to acquire…

SNCR

Synchronoss

$49.00

1.81 (3.84%)

IL

Intralinks

$11.27

0.11 (0.99%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 07

    Dec

  • 12

    Dec

  • 13

    Dec

KKR

KKR

$15.67

0.19 (1.23%)

, BX

Blackstone

$26.40

0.54 (2.09%)

07:01
12/06/16
12/06
07:01
12/06/16
07:01
Hot Stocks
KKR to acquire Optiv Security from investors, including fund managed by Blackstone »

Optiv Security, a…

KKR

KKR

$15.67

0.19 (1.23%)

BX

Blackstone

$26.40

0.54 (2.09%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 06

    Dec

  • 07

    Dec

  • 12

    Dec

  • 13

    Dec

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