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Stock Market & Financial Investment News

News Breaks
August 4, 2014
06:22 EDTIHGMarcato looks to interest hotel companies in Intercontinental bid, WSJ says
Activist investors like Marcato Capital Management are pressing for overseas mergers to cut tax bills, reports the Wall Street Journal. According to people familiar with the matter, Marcato has tried to drum up interest from U.S. hotel companies by buying InterContinental. Marcato has tried to increase the perssure by hiring Houlihan Lokey and focusing on the possibility of a tax-beneficial merger. Reference Link
News For IHG From The Last 14 Days
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July 6, 2015
06:26 EDTIHGFTC: Hotels not required to add resort fees to advertised rates, L.A. Times says
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July 1, 2015
10:00 EDTIHGOn The Fly: Analyst Upgrade Summary
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07:13 EDTIHGInterContinental upgraded to Buy from Neutral at MKM Partners
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05:52 EDTIHGInterContinental upgraded to Buy from Neutral at MKM Partners
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June 23, 2015
10:00 EDTIHGOn The Fly: Analyst Upgrade Summary
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08:14 EDTIHGInterContinental upgraded to Neutral from Underperform at Credit Suisse
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