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PEB

Pebblebrook Hotel

$15.24 /

+0.45 (+3.04%)

16:08
10/04/22
10/04
16:08
10/04/22
16:08

Pebblebrook Hotel says damage to resorts from Hurricane Ian not material

Pebblebrook Hotel "announced that several of the Company's resorts were impacted by Hurricane Ian. However, the Company does not expect the costs to repair and remediate damage from the storm to be material. The 189-room LaPlaya Beach Resort & Club, a waterfront, luxury resort in Naples, Florida, closed beginning September 27, 2022, following a mandatory evacuation order. The resort will remain closed as the Company completes a full review and assessment of the damage to the condition of the property, which contains four buildings on six acres, including two buildings on the Gulf of Mexico. The Company, its operator, Noble House Hotels & Resorts, and its representatives are already working diligently to assess the property and its systems, while cleaning up and making repairs to curtail damages and to reopen the resort as soon as possible. At this time, the Company believes that the cost of repairing the property and recovering lost business income caused by the hurricane will not be material. The Company expects its property, flood, and business interruption insurance policies will mitigate the financial impact caused by the hurricane. The 119-room Inn on Fifth, located in downtown Naples, Florida, also closed beginning September 27, 2022, following a mandatory evacuation order. The property reopened on October 1, 2022. At this time, the Company believes that property damage caused by the hurricane was minor and the costs to repair the property will not be material. The Company's remaining five other hotels and resorts in southern Florida and Georgia impacted by Hurricane Ian are open and operational."

  • 28

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OTHER BREAKING NEWS FROM THE FLY

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12/07/22
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12/07/22
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ALV

Autoliv

$83.86 /

-0.15 (-0.18%)

UBS analyst Juan…

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ALV Autoliv
$83.86 /

-0.15 (-0.18%)

ALV Autoliv
$83.86 /

-0.15 (-0.18%)

11/23/22 Citi
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05:43
SMEGF

Siemens Energy

$17.01 /

-0.04 (-0.23%)

Kepler Cheuvreux…

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SMEGF Siemens Energy
$17.01 /

-0.04 (-0.23%)

10/06/22 Deutsche Bank
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Airbus

$28.58 /

-0.185 (-0.64%)

Kepler Cheuvreux analyst…

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EADSY Airbus
$28.58 /

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Coterra Energy downgraded to Sell from Neutral at Citi » 05:40
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12/07
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05:40
CTRA

Coterra Energy

$25.82 /

-0.375 (-1.43%)

Citi analyst Scott Gruber…

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CTRA Coterra Energy
$25.82 /

-0.375 (-1.43%)

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$25.82 /

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11/30/22 Tudor Pickering
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$25.82 /

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Southwestern Energy downgraded to Neutral from Buy at Citi » 05:37
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05:37
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SWN

Southwestern Energy

$6.00 /

-0.09 (-1.48%)

Citi analyst Paul Diamond…

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SWN Southwestern Energy
$6.00 /

-0.09 (-1.48%)

SWN Southwestern Energy
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10/19/22 Jefferies
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$6.00 /

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  • 13
    Dec
SWN Southwestern Energy
$6.00 /

-0.09 (-1.48%)

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$6.00 /

-0.09 (-1.48%)

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EQT Corporation downgraded to Neutral from Buy at Citi » 05:35
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EQT

EQT Corporation

$36.89 /

-0.2 (-0.54%)

Citi analyst Paul Diamond…

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$36.89 /

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Comstock Resources downgraded to Sell from Buy at Citi » 05:33
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CRK

Comstock Resources

$14.82 /

-0.045 (-0.30%)

Citi analyst Paul Diamond…

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CRK Comstock Resources
$14.82 /

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09/21/22 Citi
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$4.44 /

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Turkcell received a…

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Australian express…

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, MNGA

MNG Airlines

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+

MNG Havayollari ve…

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Dominion downgraded to Equal Weight from Overweight at Wells Fargo » 05:14
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D

Dominion

$58.25 /

-1.055 (-1.78%)

Wells Fargo analyst Sarah…

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D Dominion
$58.25 /

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Tradeweb upgraded to Outperform from Market Perform at Raymond James » 05:13
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TW

Tradeweb Markets

$64.83 /

+0.84 (+1.31%)

Raymond James analyst…

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Westport

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+

Westport announced that…

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WPRT Westport
/

+

WPRT Westport
/

+

10/24/22 RBC Capital
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/

+

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Republic Services downgraded to Market Perform from Outperform at BMO Capital » 05:11
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RSG

Republic Services

$136.89 /

-2.24 (-1.61%)

BMO Capital analyst Devin…

BMO Capital analyst Devin Dodge downgraded Republic Services Group to Market Perform from Outperform with a price target of $148, down from $152. Republic Services has significantly outperformed the market this year, reflecting robust industry conditions, solid execution, and an investor preference for defensive stocks, Dodge tells investors in a research note. While solid waste stocks typically outperform deep into a recession, the much anticipated economic pullback has largely been reflected in the relative share price performance, says the analyst. As such, he sees diminishing potential returns over the next 12 months. Despite the downgrade, Dodge still believes Republic Services could be attractive for investors with a longer time horizon.

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+0.17 (+0.14%)

Jacobs was awarded a…

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J Jacobs
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Persimmon downgraded to Hold from Buy at Investec » 05:08
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PSMMY

Persimmon

$30.85 /

-0.16 (-0.52%)

Investec analyst Aynsley…

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$30.85 /

-0.16 (-0.52%)

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Neinor Homes downgraded to Neutral from Outperform at Grupo Santander » 05:07
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Neinor Homes

$12.33 /

+ (+0.00%)

Grupo Santander…

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NNRHF Neinor Homes
$12.33 /

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Cyfrowy Polsat downgraded to Accumulate from Buy at Erste Group » 05:06
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Cyfrowy Polsat

$2.48 /

+ (+0.00%)

Erste Group analyst Nora…

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Johnson Matthey downgraded to Underweight from Neutral at JPMorgan » 05:04
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12/07
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Johnson Matthey

$52.29 /

-0.67 (-1.27%)

JPMorgan analyst Chetan…

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JMPLY Johnson Matthey
$52.29 /

-0.67 (-1.27%)

10/11/22 JPMorgan
Johnson Matthey price target lowered to 2,150 GBp from 2,600 GBp at JPMorgan
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Air Liquide downgraded to Neutral from Overweight at JPMorgan » 05:04
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12/07
05:04
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05:04
AIQUY

Air Liquide

$29.15 /

-0.16 (-0.55%)

JPMorgan analyst Chetan…

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AIQUY Air Liquide
$29.15 /

-0.16 (-0.55%)

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$29.15 /

-0.16 (-0.55%)

11/15/22 Morgan Stanley
Air Liquide price target raised to EUR 136 from EUR 133 at Morgan Stanley
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Umicore downgraded to Underweight from Neutral at JPMorgan » 05:03
12/07/22
12/07
05:03
12/07/22
05:03
UMICY

Umicore

$9.36 /

+0.01 (+0.11%)

JPMorgan analyst Chetan…

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UMICY Umicore
$9.36 /

+0.01 (+0.11%)

08/02/22 Morgan Stanley
Umicore price target raised to EUR 32 from EUR 30 at Morgan Stanley
07/26/22 Citi
Umicore price target lowered to EUR 42 from EUR 46 at Citi
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Umicore price target lowered to EUR 30 from EUR 36 at Morgan Stanley
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Umicore assumed with an Underperform at Credit Suisse
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Wacker Chemie upgraded to Neutral from Underweight at JPMorgan » 05:02
12/07/22
12/07
05:02
12/07/22
05:02
WKCMF

Wacker Chemie

$128.80 /

+1.9 (+1.50%)

JPMorgan analyst Chetan…

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WKCMF Wacker Chemie
$128.80 /

+1.9 (+1.50%)

11/03/22 Barclays
Wacker Chemie price target raised to EUR 183 from EUR 180 at Barclays
11/01/22 Berenberg
Wacker Chemie price target lowered to EUR 135 from EUR 155 at Berenberg
10/28/22 Credit Suisse
Wacker Chemie price target lowered to EUR 140 from EUR 146 at Credit Suisse
10/28/22 Societe Generale
Wacker Chemie price target lowered to EUR 125 from EUR 173 at Societe Generale
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Novozymes upgraded to Overweight from Neutral at JPMorgan » 05:02
12/07/22
12/07
05:02
12/07/22
05:02
NVZMY

Novozymes

$59.15 /

+0.61 (+1.04%)

JPMorgan analyst Chetan…

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NVZMY Novozymes
$59.15 /

+0.61 (+1.04%)

NVZMY Novozymes
$59.15 /

+0.61 (+1.04%)

11/07/22 Berenberg
Novozymes price target lowered to DKK 450 from DKK 540 at Berenberg
11/07/22 Credit Suisse
Novozymes price target lowered to DKK 340 from DKK 380 at Credit Suisse
10/10/22 Exane BNP Paribas
Novozymes downgraded to Underperform from Neutral at Exane BNP Paribas
09/14/22 Jefferies
Novozymes downgraded to Hold from Buy at Jefferies

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