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Stock Market & Financial Investment News

News Breaks
February 28, 2013
16:34 EDTHSTFitch upgrades Host Hotels IDR to 'BB+' from 'BB', outlook stable
Fitch Ratings has upgraded the credit ratings of Host Hotels & Resorts and its operating partnership, Host Hotels & Resorts Limited Partnership as follows: Host Hotels & Resorts: Issuer Default Rating to 'BB+' from 'BB'. Host Hotels & Resorts, L.P.: IDR to 'BB+' from 'BB'; Unsecured revolving credit facility to 'BB+' from 'BB'; Senior unsecured notes to 'BB+' from 'BB'; Senior unsecured exchangeable notes to 'BB+' from 'BB'. The Rating Outlook is Stable. The upgrade reflects Fitch's view that Host's credit metrics will remain appropriate for the 'BB+' rating through the lodging cycle. The upgrade reflects Host's high-quality portfolio of geographically diversified upper tier hotel properties, its large and liquid unencumbered asset pool and the company's progress and commitment to sustaining lower leverage.
News For HST From The Last 14 Days
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October 30, 2014
06:21 EDTHSTHost Hotels sees FY14 AFFO $1.47-$1.49, consensus $1.46
Sees FY14 comparable hotel RevPAR for domestic properties up 6%-6.25%.
06:19 EDTHSTHost Hotels reports Q3 AFFO 34c, consensus 31c
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October 29, 2014
15:41 EDTHSTNotable companies reporting before tomorrow's open
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