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Stock Market & Financial Investment News

News Breaks
April 24, 2014
06:12 EDTHOTStarwood Hotels reports Q1 adjusted EPS 63c, consensus 56c
Reports Q1 revenue $1.46B, consensus $1.45B
News For HOT From The Last 14 Days
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July 30, 2015
14:01 EDTHOTStarwood drops 4% after InterContinental denies takeover talks
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12:51 EDTHOTInterContinental says not in merger talks with Starwood
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12:48 EDTHOTInterContinental says not in merger talks with Starwood
11:55 EDTHOTStarwood reaching out to possible bidders for company, Reuters reports
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09:35 EDTHOTInterContinental in early talks to acquire Starwood, FT reports
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09:31 EDTHOTInterContinental, Starwood holding early stage deal talks, FT reports
07:18 EDTHOTStarwood sees FY15 EPS before items $2.93-$3.03, consensus $2.99
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07:17 EDTHOTStarwood sees Q3 EPS 69c-73c, consensus 74c
Sees: Adjusted EBITDA is expected to be approximately $285 million to $295 million. REVPAR increases at Same-Store Systemwide Hotels Worldwide of 4% to 6% in constant dollars. REVPAR increases at Same-Store Owned Hotels Worldwide of 4% to 6% in constant dollars. Core fees increase approximately 1% to 3%. Management fees, franchise fees and other income increase 2% to 4%. Earnings from the Company’s vacation ownership and residential business of approximately $35 million to $40 million. Shifts in exchange rates since the third quarter of 2014 will negatively impact third quarter 2015 earnings by approximately $11 million if exchange rates stay at current levels.
07:16 EDTHOTStarwood reports Q2 EPS 84c ex-items, consensus 74c
Including special items, EPS from continuing operations was 79c. Worldwide Systemwide REVPAR for Same-Store Hotels increased 4.1% in constant dollars compared to 2014. Systemwide REVPAR for Same-Store Hotels in North America increased 5.3% in constant dollars. Management fees, franchise fees and other income, which were negatively impacted by foreign exchange rates, decreased 1.5% compared to 2014. Core fees decreased 1.0% compared to 2014. Earnings from Starwood’s vacation ownership and residential business decreased approximately $2 million compared to 2014. During the quarter, the Company signed 64 hotel management and franchise contracts, representing approximately 14,400 rooms, a 69% increase in signed rooms compared to 2014. The Company also opened 21 hotels and resorts with approximately 4,000 rooms in the second quarter of 2015.
July 29, 2015
15:08 EDTHOTNotable companies reporting before tomorrow's open
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July 27, 2015
16:30 EDTHOTOZ Management fils 5.05% passive stake in Starwood
July 23, 2015
08:18 EDTHOTStarwood unit signs agreement with Qingdao Conson for St. Regis brand
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05:48 EDTHOTStocks with implied volatility above IV index mean; HOT AMZN
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July 17, 2015
07:15 EDTHOTSpeculation rising of Starwood deal with InterContinental, Daily Mail says
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July 16, 2015
11:32 EDTHOTStarwood volatility increasing into Q2 and outlook
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