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Stock Market & Financial Investment News

News Breaks
February 19, 2014
08:32 EDTHOTStarwood Hotels expands to South Korea
Starwood Hotels & Resorts Worldwide,and Parnas Hotel announced the signing agreement of The Parnas, A Luxury Collection Hotel, in Seoul, South Korea. Located in the cityís southern district of Gangnam, the hotelís debut will mark the first Luxury Collection hotel in South Korea, joining a portfolio of hotels and resorts around the world. The Parnas, a Luxury Collection Hotel is slated to open in 2016.
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July 25, 2014
10:02 EDTHOTOn The Fly: Analyst Downgrade Summary
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05:35 EDTHOTStarwood downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Starwood Hotels to Market Perform saying the CEO's capital allocation strategy is disappointing. The firm keeps an $81-$83 price target range for shares.
July 24, 2014
11:03 EDTHOTStarwood says Q3 North America trends to remain positive
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06:08 EDTHOTStarwood sees Q3 EPS 62c-65c, consensus 67c
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06:07 EDTHOTStarwood sees FY14 adjusted EPS $2.78-$2.85, consensus $2.84
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06:05 EDTHOTStarwood reports Q2 ex. items EPS 77c, consensus 76c
Reports Q2 revenue $1.54B, consensus $1.54B
06:04 EDTHOTStarwood reports Q2 worldwide systemwide REVPAR for same-store hotels up 5.3%
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