New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 28, 2014
07:25 EDTIHG, HOTStarwood may have considered buying IHG in Q1, says FBR Capital
After The Sunday Times reported that InterContinental Hotels (IHG) turned down a takeover bid from an unknown U.S. bidder, FBR said the transaction would have made sense for Starwood Hotels (HOT). The firm believes Starwood may have considered the idea in Q1 since the company did not repurchase any shares. However, it notes recent commentary from management indicates he company intends to exhaust the remaining $614M share buyback authorization before the end of the year, signaling that such a transaction is no longer in the works. FBR views a potential acquisition of InterContinental by Starwood as a "low probability."
News For HOT;IHG From The Last 14 Days
Check below for free stories on HOT;IHG the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 10, 2014
10:05 EDTHOTOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:40 EDTHOTStarwood upgraded to Buy from Hold at MLV & Co.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use