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Stock Market & Financial Investment News

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April 4, 2014
07:29 EDTMARMarriott price target raised to $60 from $55 at Credit Suisse
Credit Suisse raised Marriott's price target to $60 from $55 and believes the lodging industry may experience a prolonged recovery given the pase of economic growth. Marriott is a one of the firm's best ideas and rated Outperform and a Focus List selection.
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May 8, 2015
12:51 EDTMARStarwood may be looking for acquisition, says Wells Fargo
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12:46 EDTMARMarriott CEO sees four potential outcomes for Hilton, Hotel News Now says
Marriott CEO Arne Sorenson laid out four possible outcomes for Starwood (HOT), which is exploring strategic alternatives, Hotel News Now reports, citing comments from the Arabian Hotel Investment Conference in Dubai. One outcome is Marriott or Hilton (HLT) buying Starwood, which Sorenson downplayed, according to the website. The others options include Starwood acquiring another company, getting bought out by a buyer from the Middle East or Asia and maintaining the current ownership structure. Reference Link
10:41 EDTMARMarriott increases quarterly dividend by 25% to 25c
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