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Stock Market & Financial Investment News

News Breaks
April 9, 2014
09:33 EDTLQLa Quinta IPO indicated to open $16.25-$16.50 on 2M shares
La Quinta (LQ) priced 38.25M shares at $17.00. JPMorgan, Morgan Stanley, BofA/Merrill, Citigroup, Credit Suisse, Deutsche Bank, Goldman and Wells Fargo acted as joint book running managers for the offering.
News For LQ From The Last 14 Days
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October 22, 2014
16:09 EDTLQLa Quinta sees FY14 adjusted EBITDA $367M-$372M
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16:05 EDTLQLa Quinta sees FY14 RevPAR growth 7%-7.5%
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16:04 EDTLQLa Quinta reports Q3 EPS 16c, consensus 17c
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October 17, 2014
08:30 EDTLQLodging cycle is not broken, says Credit Suisse
Credit Suisse said the correction in the Lodging group has crated a buying opportunity in its best ideas, Marriott (MAR), Hilton (HLT) and La Quinta (LQ). The analyst said low supply growth, healthy corporate travel demand, and lower gasoline prices continue to support the lodging cycle.

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