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Stock Market & Financial Investment News

News Breaks
June 9, 2014
10:17 EDTHOTStarwood announces agreement with Shenyang Huaqiang Jinlang City Square
Starwood Hotels & Resorts Worldwide announced an agreement with Shenyang Huaqiang Jinlang City Square Properties Co., Ltd. to debut the W Hotels brand in Shenyang, a Northeast China province. Scheduled to open in 2019, W Shenyang will be located along Qingnian Avenue, known as the city's Golden Corridor, which comprises the central business district, central administration district and central cultural district.
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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