Orlando, FL -- (SBWIRE) -- 10/11/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Host Hotels and Resorts Inc (NYSE:HST), Philip Morris International Inc. (NYSE:PM).
Host Hotels and Resorts Inc (NYSE:HST) stock gained 3.10% to $17.62. The company will report financial results for the third quarter 2013 prior to market open on Tuesday, November 5, followed by a conference call at 10:00 a.m. Eastern Time (ET). Management will discuss the Company's third quarter results and its business outlook for the remainder of 2013.
Additionally, Equities researchers at Goldman Sachs Group Inc. hoisted their price objective on shares of Host Hotels & Resorts from $18.50 to $19.00 in a research report issued on Oct. 10. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group Inc.’s price objective suggests a potential upside of 7.83% from the stock’s previous close.
Are investors worried about the recent updates with HST? Find out with a free trend analysis HERE
Philip Morris International Inc. (NYSE:PM) stock jumped 2.38% to $86.16. The company will host a live audio webcast atwww.pmi.com/webcasts on Thursday, October 17, 2013 at 9:00 a.m. ET to discuss 2013 third-quarter results, which will be issued at approximately 7:00 a.m. ET the same day.
Additionally, the company on Sept. 30 announces its entry into a definitive agreement to acquire 49% of the shares of United Arab Emirates-based Arab Investors-TA (FZC) ("AITA") for $625 million. Through its acquisition of 49% of the shares of AITA, PMI will secure an almost 25% economic interest in the Société des Tabacs Algéro-Emiratie ("STAEM"), a joint venture which is 51% owned by AITA and 49% by the Algerian state-owned Société Nationale des Tabacs et Allumettes SpA, the market leader.
Is PM going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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