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Stock Market & Financial Investment News

News Breaks
January 4, 2013
09:00 EDTLHOLaSalle Hotel acquires majority interest in Liberty Hotel in Boston for $170M
LaSalle Hotel Properties announced that it acquired a majority interest in The Liberty Hotel in Boston, Massachusetts through a joint venture with the original developer and co-owner, an entity controlled by Dick Friedman of Carpenter & Company, Inc. The total value of the transaction was $170M. The company funded this transaction with proceeds from its sale of common shares on December 19, 2012.
News For LHO From The Last 14 Days
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October 23, 2014
07:02 EDTLHOLaSalle Hote shares poised to outperform, says Stifel
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October 22, 2014
16:17 EDTLHOLaSalle Hotel raises FY14 adjusted FFO view to $2.56-$2.60 from $2.44-$2.54
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16:16 EDTLHOLaSalle Hotel sees Q4 adjusted FFO 57c-61c, consensus 58c
Sees Q4 RevPAR to increase 7%-9% and hotel EBITDA margins to range from an increase of 175 to 250 basis points relative to the same prior year period.
16:15 EDTLHOLaSalle Hotel reports Q3 RevPAR up 11.5% to $212.98
Room revenue per available room, or RevPAR, for the quarter increased 11.5% to $212.98, as a result of a 10.2% increase in average daily rate to $242.25 and a 1.1% improvement in occupancy to 87.9%.
16:14 EDTLHOLaSalle Hotel reports Q3 adjustecd FFO 85c, consensus 79c
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10:09 EDTLHOOn The Fly: Analyst Initiation Summary
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08:50 EDTLHOLaSalle Hotel initiated with a Buy at Ladenburg
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