Orlando, FL -- (SBWIRE) -- 08/20/2013 -- 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), Two Harbors Investment Corp (NYSE:TWO).
Host Hotels and Resorts Inc (NYSE:HST) stock gained 3.23% to $16.94. HST’s stock had its price target upped by BMO Capital Markets from $18.00 to $19.00 in a research note issued to investors on August 8. The firm currently has a market perform rating on the stock.
Additionally, the company on August 2 announced results of operations for the second quarter ended June 30, 2013. On an "As Adjusted" basis, as described herein, net income for the second quarter increased $58 million, or 92.1%, and Adjusted EBITDA increased $81 million, or 23.1%, when compared to 2012. The improvements in the Company's results were driven by a 6.1% increase in comparable hotel RevPAR and strong margin growth for the second quarter.
Are investors worried about the recent updates with HST? Find out with a free trend analysis HERE
Two Harbors Investment Corp (NYSE:TWO) stock gained 2.87% to $9.32. The company is planning its first issuance of home-loan securities without government backing. The transaction will include $400.7 million of top-rated bonds and be tied to a “high-quality mortgage pool,” Fitch Ratings said on August 14.
Additionally, the company on August 6 announced its financial results for the quarter ended June 30, 2013. The company reported Core Earnings for the quarter ended June 30, 2013, of $78.1 million, or $0.21 per diluted weighted average common share outstanding, as compared to Core Earnings for the quarter ended March 31, 2013, of $89.7 million, or $0.29 per diluted weighted average common share outstanding.
Is TWO going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)