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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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December 18, 2014
06:34 EDTHHyatt Hotels initiated with a Buy at Evercore ISI
Target $66.
December 16, 2014
17:28 EDTHHyatt Hotels to relocate global headquarters to Chicago’s West Loop neighborhood
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December 11, 2014
19:16 EDTHHyatt Hotels increases share repurchase authorization by $400M
Hyatt Hotels Corporation announced that the company's board authorized the repurchase of up to an additional $400M of the company's common stock. As of December 11, the company had approximately $465M available under its share repurchase authorization, including the $400M authorized on December 11.
December 10, 2014
09:27 EDTWYNWyndham management to meet with JMP Securities
Meeting to be held in San Francisco on December 12 hosted by JMP Securities.
December 9, 2014
08:06 EDTWYNWyndham Hotel Group enters strategic technology partnership with Sabre
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05:11 EDTHHyatt enters franchise agreement to open Hyatt Regency Naha, Okinawa
Hyatt Hotels announced that a Hyatt affiliate has entered into a franchise agreement with PHR Okinawa Hotel Management, a subsidiary of Ken Corporation, for a Hyatt Regency hotel in Naha, Okinawa. Expected to open in late 2015, Hyatt Regency Naha, Okinawa will mark the first Hyatt-branded hotel on the island of Okinawa, Japan.

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