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Stock Market & Financial Investment News

News Breaks
April 6, 2014
18:21 EDTH, WYNTPG 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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July 28, 2015
06:36 EDTWYNWyndham raises FY15 adjusted EPS view to $4.88-$5.03 from $4.81-$4.96
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06:35 EDTWYNWyndham reports Q2 adjusted EPS $1.32, consensus $1.26
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July 24, 2015
06:10 EDTHTripAdvisor Instant Book continues to gain traction, says Piper Jaffray
Piper Jaffray analyst Michael Olson says that while weakness in international cost-per-clicks drove weaker than expected Q2 results and lowered 2015 guidance, TripAdvisor's (TRIP) Instant Book continues to gain traction. The company confirmed that Hyatt (H) is now on the platform, Olson tells investors. He lowered his price target for shares to $95 from $100 and maintains an Overweight rating on the stock.
July 16, 2015
09:18 EDTHRLJ Lodging Trust acquires two hotels for $105.9M
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