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Stock Market & Financial Investment News

News Breaks
April 6, 2014
18:21 EDTWYN, HTPG led group agrees to invest in apartment-rental site Airbnb, WSJ says
A group led by private-equity firm TPG reached an agreement to invest in apartment-rental site Airbnb that values the starup at about $10B, says the Wall Street Journal. Airbnb lets homeowners rent space to travelers and may offer competition to large hotel chains like Wyndham Worldwide (WYN) and Hyatt Hotels (H), added the Wall Street Journal. Reference Link
News For WYN;H From The Last 14 Days
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June 29, 2015
05:57 EDTH, WYNHyatt and Wyndham invest in Airbnb rivals, Financial Times reports
Hyatt (H) was revealed to be among a group of investors to join a fundraising round for Onefinestay, an upmarket competitor to Airbnb, reports the Financial times. According to two people familiar with the matter, Wyndham Hotels (WYN) has also taken a stake in another London-based startup called LoveHomeSway, a subscription service that allows homeowners to swap their homes. Reference Link
June 18, 2015
10:01 EDTHOn The Fly: Analyst Initiation Summary
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05:43 EDTHHyatt initiated with a Buy at Brean Capital
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