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Stock Market & Financial Investment News

News Breaks
January 17, 2013
08:32 EDTHST, MARHost Hotels sells Atlanta Marriott Marquis for $293M
Host Hotels & Resorts (HST) announced that on January 11 Host Hotels & Resorts, L.P. sold the 1,663-room Atlanta Marriott Marquis in Atlanta, GA for $293M. The hotel is subject to a long-term management agreement with Marriott International (MAR. The proceeds will be used to fund future acquisitions, pay down debt or for general corporate purposes.
News For HST;MAR From The Last 14 Days
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May 16, 2013
14:52 EDTMARMarriott management to meet with JPMorgan
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May 7, 2013
07:28 EDTMARHMG Strategy to host a summit
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May 6, 2013
07:37 EDTHSTHost Hotels business looks set to accelerate, says RBC Capital
RBC Capital notes that Host Hotels expects its revenue to increase 6% for the rest of 2013, and the firm thinks the company should be boosted by a post-renovation tailwind during the remainder of the year. The firm keeps a Top Pick rating on the shares.

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