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Stock Market & Financial Investment News

News Breaks
November 27, 2012
17:33 EDTMHGCDavid T. Hamamoto reports 11.1% stake in Morgans Hotel
On November 20, Mr. Hamamoto resigned from the board of directors of the company and from his position as Executive Chairman of the company.
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August 8, 2014
07:18 EDTMHGCMorgans Hotel reports Q2 RevPAR at system-wide comparable hotels up 6.4%
RevPAR from System-Wide Comparable Hotels in New York increased 2.8%; RevPAR from System-Wide Comparable Hotels in Miami increased 11.8%; The Company's System-Wide Comparable Hotels on the West Coast generated 10.2% RevPAR growth in the second quarter; The Company's managed hotels in London, Sanderson and St Martins Lane, are non-comparable due to a major room renovation that began in the first quarter of 2014.
07:17 EDTMHGCMorgans Hotel reports Q2 EPS (40c), one estimate (26c)
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