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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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July 30, 2015
08:53 EDTLQLa Quinta should be bought on any weakness, says JMP Securities
After La Quinta reported Q2 results that JMP Securities views as lackluster, the firm says the results were hurt by temporary issues, including rains in Texas and a transition of the company's call center. The firm says that the company's fundamentals appear to be solid and it keeps a $26 price target and Outperform rating on the shares.
July 29, 2015
19:32 EDTLQOn The Fly: After Hours Movers
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16:31 EDTLQLa Quinta cuts FY15 comparable RevPAR to 4.5%-5.5% from 6%-7%
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16:27 EDTLQLa Quinta reports Q2 adjusted EPS 19c, consensus 19c
Reports Q2 revenue $273.89M, consensus $276.08M. Reports system-wide comparable RevPAR increased 4%, ADR increased 3% and occupancy increased 67 basis points.

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