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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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January 20, 2015
15:24 EDTLQLa Quinta oil & gas exposure lower than perceived, says Wells Fargo
La Quinta noted that 3% of its system-wide room revenue recently came from oil & gas corporate accounts, which Wells Fargo said was less than implied by its portfolio weighting in Texas. The firm, which has an Outperform rating on the stock, attributes today's move higher in the shares to the company refuting the misperception of its direct exposure to oil-linked businesses.
15:20 EDTLQLa Quinta sees 3% of systemwide room revenue from oil/gas corporate accounts
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January 16, 2015
08:13 EDTLQLa Quinta management to meet with JPMorgan
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January 14, 2015
05:57 EDTLQLodging sector downgraded to Market Weight at Wells Fargo
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