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Stock Market & Financial Investment News

News Breaks
January 28, 2013
06:59 EDTHOTStarwood Hotels upgraded to Buy from Neutral at Janney Capital
Janney Capital upgraded Starwood Hotels due to improving lodging fundamentals and potential asset sales. Price target raised to $67 from $55.
News For 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.
November 18, 2014
11:00 EDTHOTFibraHotel buys Monterrey, Mexico hotel from Starwood
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07:29 EDTHOTDeutsche 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.

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