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Stock Market & Financial Investment News

News Breaks
January 31, 2013
16:22 EDTCHSPChesapeake Lodging reports Q4 preliminary adjusted FFO 41c, consensus 12c
Consensus for AFFO/share may not compare. Reports Q4 preliminary revenue $85.1M, consensus $82.39M. Reports Q4 preliminary pro forma RevPAR increase over 2011 of 5.5%.
News For CHSP From The Last 14 Days
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March 24, 2015
07:44 EDTCHSPChesapeake Lodging 4M share Spot Secondary priced at $34.00
The deal size was increased to 4M shares from 3M shares and priced between the $33.85-$34.14 range. JPMorgan and Deutsche Bank acted as joint book running managers for the offering.
March 23, 2015
19:13 EDTCHSPOn The Fly: After Hours Movers
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16:07 EDTCHSPChesapeake Lodging Trust files to sell 3M shares of common stock
The Trust intends to use the net proceeds from the offering to repay borrowings outstanding under its revolving credit facility. J.P. Morgan and Deutsche Bank Securities are acting as joint book-running managers for the offering.
March 18, 2015
16:31 EDTCHSPChesapeake Lodging names D. Rick Adams as COO
Chesapeake Lodging Trust announced the promotion of D. Rick Adams to Executive Vice President and COO. Adams joined the Trust in 2009 as its Senior Vice President and Chief Investment Officer and was subsequently promoted to Executive Vice President and Chief Investment Officer.

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