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Stock Market & Financial Investment News

News Breaks
June 2, 2014
10:17 EDTIHG, HLT, HOTHilton CEO says 'comfortable' with tax structure
Hilton CEO Christopher Nassetta said that he's "comfortable" with the company's tax structure. Speaking on CNBC, Nassetta added that he hasn't looked at InterContinental (IHG) as a potential takeover target in a serious way. Earlier today, CNBC's David Faber reported that Starwood (HOT) is interested in acquiring IHG.
News For HLT;IHG;HOT From The Last 14 Days
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November 21, 2014
05:14 EDTHOTStarwood sells Sheraton on the Park in Sydney, Australia for $399M
Starwood Hotels announced it has sold Sheraton on the Park in Sydney, Australia to Sunshine Insurance Group Corporation for $399M. Starwood will continue to operate the hotel as a Sheraton under a long-term management contract.
November 20, 2014
18:02 EDTHOTStarwood declares special dividend of 65c per share
Starwood declared a special dividend of 65c per share. The special dividend will be payable on December 29 to stockholders of record on December 8.
16:24 EDTIHGInterContinental signs Crowne Plaza Hotels in Medellin
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November 19, 2014
09:21 EDTHLTHilton working with Jones Lang LaSalle on sale of Sydney hotel, Bloomberg says
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November 18, 2014
11:00 EDTHOTFibraHotel buys Monterrey, Mexico hotel from Starwood
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07:29 EDTHOT, HLTDeutsche Bank to hold a conference
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November 17, 2014
10:02 EDTHOTOn The Fly: Analyst Downgrade Summary
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06:05 EDTHOTStarwood downgraded to Neutral from Buy at UBS
UBS downgraded Starwood Hotels to Neutral on signs that RevPAR growth peaked in Q3. The firm adds that Starwood has the most exposure to the slowing high end of the market. It lowered its price target for shares to $79 from $86.
November 14, 2014
08:15 EDTHLTBlackstone may urge U.S. probe to speed sale of Waldorf, NY Post says
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