New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 28, 2014
07:25 EDTHOT, IHGStarwood 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
Sign up for a free trial to see the rest of the stories you've been missing.
April 17, 2015
10:57 EDTIHG, HOTActivist rumored to push for InterContinental, Starwood merger, Betaville says
Subscribe for More Information
07:23 EDTIHG, HOTStarwood has look of activist target, Bloomberg says
Subscribe for More Information
April 16, 2015
06:08 EDTHOTStarwood to launch Tribute affiliated hotel group, WSJ reports
Subscribe for More Information
April 14, 2015
06:08 EDTHOTStocks with implied volatility above IV index mean; GMCR HOT
Subscribe for More Information
April 13, 2015
06:00 EDTHOTStocks with implied volatility above IV index mean; DDD HOT
Subscribe for More Information
April 10, 2015
05:52 EDTHOTStocks with implied volatility above IV index mean; DDD HOT
Subscribe for More Information
April 9, 2015
10:00 EDTIHGOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:31 EDTHOTStarwood downgraded to Neutral from Buy at Cleveland Research
07:40 EDTIHGInterContinental upgraded to Hold on M&A potential at Jefferies
Subscribe for More Information
06:00 EDTHOTStarwood implied volatility of 40 at upper end of index
05:32 EDTIHGInterContinental upgraded to Hold from Underperform at Jefferies
Subscribe for More Information
April 8, 2015
10:58 EDTIHGBlackstone inactivity may lend credibility to Hilton report, says Wells Fargo
Subscribe for More Information
April 7, 2015
07:48 EDTHOTStarwood volatility elevated
Starwood April call option implied volatility is at 44, May is at 38, August is at 29; compared to its 26-week average of 24 according to Track Data, suggesting large near term price movement.

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