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Stock Market & Financial Investment News

News Breaks
November 13, 2012
06:02 EDTBEEStrategic Hotels extends shareholder rights plan
Strategic Hotels & Resorts announced that it has amended its existing shareholder rights plan to extend the expiration date for an additional 12 months. The rights plan, which was originally adopted in November 2008 and was set to expire on November 30, 2012, will now expire on November 30, 2013, unless the rights issued thereunder are earlier redeemed or amended by the Board of Directors. In addition, the rights plan was amended to revise the definition of beneficial ownership to include derivative instruments. Following a careful review of the rights plan in consultation with Strategic Hotels' outside advisors, the Board of Directors approved these amendments in order to continue to protect the interests of Strategic Hotels' shareholders, in particular in light of continual equity market fluctuations and lingering economic uncertainty. The rights plan does not prevent the Board of Directors from considering or recommending any offer it considers to be in the best interests of shareholders.
News For BEE From The Last 14 Days
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July 24, 2015
07:59 EDTBEEStrategic Hotels could be worth $14-$17 per share in takeover, says RBC Capital
After Bloomberg reported that Strategic Hotels & Resorts hired an investment bank to help the company explore a potential sale, RBC Capital estimates that the company could be sold for $14-$17 per share. It keeps an Outperform rating.
July 23, 2015
19:10 EDTBEEStrategic Hotels explores sale, Bloomberg says
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15:37 EDTBEEStrategic Hotels jumps 6.9%, halted for circuit breaker after said to seek buyer
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15:36 EDTBEEStrategic Hotels hires bank to seek buyer, Bloomberg says
July 20, 2015
10:00 EDTBEEOn The Fly: Analyst Downgrade Summary
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09:13 EDTBEEStrategic Hotels downgraded to Hold from Buy at Evercore ISI
July 14, 2015
10:01 EDTBEEOn The Fly: Analyst Initiation Summary
8point3 Energy (CAFD) initiated with a Buy at Deutsche Bank... Abraxas Petroleum (AXAS) initiated with a Market Perform at Cowen... Amarantus Bioscience (AMBS) initiated with a Buy at WallachBeth... Ashford Hospitality Prime (AHP) initiated with a Hold at Canaccord... Ashford (AINC) initiated with a Hold at Canaccord... BE Aerospace (BEAV) initiated with a Neutral at JPMorgan... Bed Bath & Beyond (BBBY) initiated with a Neutral at Longbow... Benchmark Electronics (BHE) initiated with a Buy at B. Riley... Bill Barrett (BBG) initiated with a Market Perform at Cowen... Boeing (BA) initiated with an Overweight at JPMorgan... Bombardier (BDRBF) initiated with a Neutral at JPMorgan... Cablevision (CVC) initiated with a Hold at Deutsche Bank... Charter (CHTR) initiated with a Buy at Deutsche Bank... Chesapeake (CHK) initiated with an Equal Weight at Stephens... Comcast (CMCSA) initiated with a Hold at Deutsche Bank... DiamondRock (DRH) initiated with a Buy at Canaccord... Diamondback Energy (FANG) initiated with an Outperform at Cowen... EOG Resources (EOG) initiated with an Overweight at Stephens... Fogo De Chao (FOGO) initiated with a Buy at Jefferies... General Dynamics (GD) initiated with an Overweight at JPMorgan... HP (HPQ) initiated with a Hold at Maxim... Hanover Insurance (THG) initiated with an Overweight at Piper Jaffray... Harris (HRS) initiated with a Neutral at JPMorgan... Hospitality Properties (HPT) initiated with a Hold at Canaccord... Host Hotels (HST) initiated with a Hold at Canaccord... Hydrogenics (HYGS) initiated with a Buy at Rodman & Renshaw... King Digital (KING) initiated with an Overweight at Morgan Stanley... L-3 Communications (LLL) initiated with a Neutral at JPMorgan... La-Z-Boy (LZB) initiated with a Neutral at Longbow... LaSalle Hotel (LHO) initiated with a Hold at Canaccord... MINDBODY (MB) initiated with a Buy at UBS... Marriott (MAR) initiated with a Hold at Canaccord... Newfield Exploration (NFX) initiated with a Buy at Global Hunter... Northern Oil and Gas (NOG) initiated with a Market Perform at Cowen... Northrop Grumman (NOC) initiated with an Underweight at JPMorgan... Oasis Petroleum (OAS) initiated with an Outperform at Cowen... PDC Energy (PDCE) initiated with an Outperform at Cowen... Pier 1 Imports (PIR) initiated with a Buy at Longbow... Plexus (PLXS) initiated with a Buy at B. Riley... Raytheon (RTN) initiated with a Neutral at JPMorgan... RetailMeNot (SALE) initiated with an Equal Weight at Morgan Stanley... Rockwell Collins (COL) initiated with a Neutral at JPMorgan... Spirit AeroSystems (SPR) initiated with an Overweight at JPMorgan... Starwood (HOT) initiated with a Buy at Canaccord... Strategic Hotels (BEE) initiated with a Buy at Canaccord... Summit Hotel Properties (INN) initiated with a Buy at Canaccord... Textron (TXT) initiated with a Neutral at JPMorgan... Time Warner Cable (TWC) initiated with a Buy at Deutsche Bank... TransDigm (TDG) initiated with an Overweight at JPMorgan... TrueCar (TRUE) initiated with an Equal Weight at Morgan Stanley... Whiting Petroleum (WLL) initiated with an Outperform at Cowen... XL Group (XL) initiated with an Overweight at Piper Jaffray... Zillow Group (Z) initiated with an Overweight at Morgan Stanley... Zynga (ZNGA) initiated with an Equal Weight at Morgan Stanley.
07:02 EDTBEEStrategic Hotels initiated with a Buy at Canaccord
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