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Stock Market & Financial Investment News

News Breaks
March 5, 2014
08:14 EDTMARMarriott repeats FY14 EPS view $2.29-$2.45, consensus $2.41
Repeats FY14 EBITDA view $1.425B-$1.495B. Sees FY14 worldwide RevPAR growth 4%-6%, rooms growth approximately 5%, net. Sees FY investment spending $800M-$1.B, return to shareholders $1.25B-$1.5B. Comments from slides that were presented at the Raymond James Institutional Investors Conference.
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August 15, 2014
05:31 EDTMARStarwood upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded Starwood (HOT) to Overweight citing expectations for increased capital returns and catalysts from asset sales. The firm expects Starwood to close the valuation gap with Marriott (MAR) and raised its price target for shares to $89 from $84.

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