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Stock Market & Financial Investment News

News Breaks
March 4, 2014
06:02 EDTHOTStarwood Hotels plans to open 60 new hotels and resorts by 2020
Starwood Hotels & Resorts Worldwide announced plans to open more than 60 new hotels and resorts across Europe by 2020, increasing its current European hotel portfolio by nearly 40%. Starwood will open nine new hotels in Europe this year, primarily in fast-growing markets such as Turkey, Russia and the Commonwealth of Independent States.
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October 23, 2014
08:12 EDTHOTStarwood Hotels November volatility elevated into Q3 and outlook
Starwood Hotels November call option implied volatility is at 29, December and January is at 27; compared to its 26-week average of 22 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results on October 28.
October 22, 2014
12:02 EDTHOTStarwood extends global partnership with Mercedes AMG Petronas
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October 20, 2014
16:01 EDTHOTStarwood announces sale of The St. Regis for $150.7M
Starwood Hotels & Resorts Worldwide announced that it has sold The St. Regis, Rome to subsidiaries of Constellation Hotels Holding Limited for approximately $150.7M. Starwood will continue to operate the hotel under the St. Regis brand flag as part of a new long-term management agreement.

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