Wednesday, February 4, 2009

Analyst starts MGM Mirage with 'Sell' rating

International Expansion: Shane's Rib Shack, Planet Smoothie Open in Middle East

Here is the word about Shanes Rib Shack

"Shane's Rib Shack is a true American rib shack, known for its slow-cooked baby back ribs, hand-chopped chicken and pork, and many southern sides to complement each plate"

What's the deal......half their menu is PORK ! ! http://www.shanesribshack.com/menu.html

Am I the only one that finds this strange?

Revpar falls by 11.4% at London hotels

If you look in US$ there is a massive drop
The RevPar last year was 88.31 GBP which was about $176.62 USD
The RevPar this year was 78.28 GBP which was about $105.67 USD

I figure that these has been a 40% drop in RevPar in USD. This has to be a huge hit for Marriot and Hilton who have a lot of hotels in London

More about Ruby Tuesday

This looks a bit more realistic

Yum! net falls 12 percent in Q4

Wynn Resorts cuts salaries, work week to save cash

Analyst upgrades Ruby Tuesday stock

As of 11am the stock is up 1.5%

I like the part in the article

"Raymond James analyst Bryan C. Elliott upgraded his rating on the stock to "Market Perform" from "Underperform" and said it's likely the company will still be able to make interest and principal payments."

Is this an endorsement? Does "Market Perform" mean that is will only go down 40% this year or is there some other meaning to this?

What about the line that it's likely the company will still be able to make interest and principal payments. This is real conforting to me. Its moving up on my buy list.....

Tim Hortons Inc. Announces Timing for Fourth Quarter 2008 and Year End Results and Conference Call

A Canadian institution

Mercedes-Benz Launches Exclusive Resort and Hotel Program for Vehicle Owners

I guess I am missing this.

Would you buy a car because of this?