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Stock Market & Financial Investment News

News Breaks
December 14, 2012
06:02 EDTHSTHost Hotels upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Host Hotels citing valuation and fundamentals. The firm keeps an $18 price target for shares.
News For HST From The Last 14 Days
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October 16, 2014
10:01 EDTHSTOn The Fly: Analyst Upgrade Summary
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06:35 EDTHSTHost Hotels upgraded to Outperform from Market Perform at FBR Capital
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October 15, 2014
10:02 EDTHSTOn The Fly: Analyst Upgrade Summary
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05:38 EDTHSTHost Hotels upgraded to Overweight from Equal Weight at Barclays
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October 14, 2014
08:31 EDTHSTHost Hotels announces favorable decision in Texas Supreme Court
Host Hotels announced that on October 3, 2014 the company's litigation related to the San Antonio Marriott Rivercenter hotel ended in favor of the Company as the Texas Supreme Court denied the motion for rehearing from Keystone-Texas Holding Corp. On June 13, 2014, the Texas Supreme Court had overruled a lower court's $57.3M verdict against the Company for allegedly interfering with an effort to sell a San Antonio shopping mall and adjacent land underlying the San Antonio Marriott Rivercenter hotel. Now that the decision by the Texas Supreme Court is final, the company will reverse the $69M loss contingency previously recorded under GAAP. In addition, a court-ordered bond will be released and the Company will recoup its previously funded $25M escrow.

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