The widespread breach affected various Marriott (MAR), Holiday Inn (IHG), Sheraton (HOT), Westin, and Radisson hotels with cyber-security firms initially estimating that thousands of customer accounts could be at risk.
Point-of-sale malware appears to be the culprit again after high-profile breaches in the retail industry teed up the issue of security in December.
Randgold Resources (GOLD -3.8%) is downgraded to Sector Perform from Outperform at RBC, based on valuation.
GOLD reported solid Q3 results and remains on track to hit 2013 guidance and bring Kibali into full production during 2014; the firm says the share price is relatively close to its unchanged target price of £54 following the recent rally.
In creating its list of top investment ideas, Credit Suisse allows its analysts a max of 3 picks over a 6-12 month horizon. Those who don't list a name under $3B in market cap are allowed a "bonus small-cap pick."
Picks are broken down by sector and by analyst, with each allowed a few words for his/her elevator pitch ... a neat read for ideas to keep by your desk.
Additions to the Top Picks list since the last publication in basic materials: CE, FOE, NUE, STLD.