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Stock Market & Financial Investment News

News Breaks
March 3, 2014
09:03 EDTHOTStarwood Hotels announces Aloft brand to debut in New Orleans in 2015
Starwood Hotels & Resorts Worldwide announced that its Aloft brand will debut in New Orleans in 2015, following the completion of an adaptive re-use project. The building, located at 225 Baronne Street, will be transformed into an Aloft Hotel in the city’s central business district. Owned by 225 Baronne Complex, an entity of HRI Properties, and managed by HRI Lodging, Aloft New Orleans Downtown will feature 188, loft-like rooms.
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August 26, 2014
16:32 EDTHOTStarwood appoints Thomas Mangas as CFO
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August 15, 2014
10:01 EDTHOTOn The Fly: Analyst Upgrade Summary
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05:31 EDTHOTStarwood upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded Starwood (HOT) to Overweight citing expectations for increased capital returns and catalysts from asset sales. The firm expects Starwood to close the valuation gap with Marriott (MAR) and raised its price target for shares to $89 from $84.

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