3 stories mentioning TNL
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Travel + Leisure (TNL) has an average rating of buy and mean price target of $87.25, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Travel + Leisure (TNL) said Monday it has launched a private offering of $900 million of senior secured notes due 2031.The company said it plans to use the net proceeds to redeem its 6.625% secured notes due July 2026, repay debt and for general corporate purposes.Price: $64.23, Change: $-1.55, Percent Change: -2.36%
Consumer stocks were advancing pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.2% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.6%.Philip Morris International (PM) stock was up more than 2% after the company reported higher Q1 adjusted earnings and net revenue.Travel + Leisure (TNL) shares were up more than 1% after the company posted higher Q1 adjusted earnings and net revenue.Alibaba Group (BABA) and Tencent are in talks to invest in DeepSeek, which is seeking funding at a valuation of over $20 billion, The Information reported, citing four people with knowledge of the conversations. Alibaba Group shares were 0.7% higher premarket.