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Stock Market & Financial Investment News

News Breaks
November 17, 2012
15:31 EDTWYN, HOT, MARWyndham shares can rise another 20%, Barron's says
Shares of Wyndham (WYN) could rise another 20% as the company's profits grow and it continues to aggressively buy back shares, Barron's says. The stock trades at a lower multiple to peers Marriott (MAR) and Starwood Hotels (HOT), the paper adds. Reference Link
News For WYN;MAR;HOT From The Last 14 Days
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April 14, 2014
08:45 EDTHOTStarwood Hotels debuts Element brand in Bozeman
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April 10, 2014
09:01 EDTHOTStarwood Hotels launches Aloft brand in Atlanta, Georgia
Starwood Hotels & Resorts Worldwide announced the grand opening of Aloft Atlanta Downtown, the first Aloft hotel in the state of Georgia. Owned by Tampa-based DeBartolo Development, LLC, and managed by Atlanta-based Banyan Investment Group, the 10-story property in downtown Atlanta underwent a multi-million dollar transformation prior to conversion. Aloft Atlanta Downtown offers 254 spacious, loft-like rooms, forward-thinking technology and a vibrant, social atmosphere.
April 8, 2014
08:19 EDTWYNFTC data-breach suit against Wyndham allowed to proceed, WSJ says
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April 7, 2014
08:15 EDTMARMarriott sees opening 30 new South African hotels, Reuters reports
Marriott, which aims to triple its revenue and rooms across Africa and the Middle East within six years, plans to open 30 new hotels in South Africa by 2020, reported Reuters, citing Marriott's Middle East and Africa head Alex Kyriakidis. Reference Link
April 6, 2014
18:21 EDTWYNTPG 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
April 4, 2014
07:29 EDTMARMarriott price target raised to $60 from $55 at Credit Suisse
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