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Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:28 EDTRHP, WYN, HOTNomura to hold a conference
Global Gaming, Lodging & Leisure Conference to be held in New York on May 13.
News For WYN;RHP;HOT From The Last 14 Days
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March 5, 2015
07:23 EDTHOTJPMorgan to hold a forum
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March 4, 2015
08:10 EDTHOTStarwood's Sheraton Hotels anticipates another strong year of growth
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March 3, 2015
10:01 EDTHOTOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Bacterin (BONE) initiated with a Buy at H.C. Wainwright... Cognizant (CTSH) initiated with a Buy at Argus... Comerica (CMA) initiated with a Neutral at UBS... Delphi Automotive (DLPH) initiated with a Neutral at Northcoast... Dunkin' Brands (DNKN) initiated with a Neutral at UBS... Easterly Government Properties (DEA) initiated with an Outperform at RBC Capital... Fifth Third (FITB) initiated with a Buy at UBS... Hilton (HLT) initiated with an Outperform at RBC Capital... KeyCorp (KEY) initiated with a Neutral at UBS... Ligand (LGND) initiated with a Buy at CRT Capital... M&T Bank (MTB) initiated with a Neutral at UBS... MPLX (MPLX) initiated with a Hold at Evercore ISI... Marriott (MAR) initiated with an Outperform at RBC Capital... Nexvet Biopharma (NVET) initiated with an Outperform at JMP Securities... Regions Financial (RF) initiated with a Neutral at UBS... Shell Midstream (SHLX) initiated with a Buy at Evercore ISI... Starwood (HOT) initiated with a Sector Perform at RBC Capital... Sunoco Logistics (SXL) initiated with a Hold at Evercore ISI... Syneron Medical (ELOS) initiated with a Buy at Brean Capital... Tesoro Logistics (TLLP) initiated with a Buy at Evercore ISI... Valero Energy Partners (VLP) initiated with a Buy at Evercore ISI... Vista Outdoor (VSTO) initiated with a Buy at CRT Capital... Zions Bancorp (ZION) initiated with a Sell at UBS.
06:26 EDTHOTStarwood initiated with a Sector Perform at RBC Capital
Target $84.
March 2, 2015
05:49 EDTHOTStarwood expects to grow portfolio by more than 40 new hotels across Europe
Starwood announced it is on track to open more than 40 new hotels and resorts across Europe in the next five years, expanding its portfolio by almost 30% with openings in both fast-growing and established markets. Further underlining its long-term growth strategy, Starwood is set to open five new hotels in Turkey this year, including The St. Regis Istanbul which just opened on March 1. In 2014 Starwood experienced a record year of deal signings in Europe with almost 60% more signed deals than in the previous year, largely driven by conversion deals. Starwood continues to see increased interest from owners looking to maximize the value of their assets quickly, with many conversion opportunities amidst growing demand coming from the UK, Germany, France and Southern Europe. The pace of franchise deal signings is expected to continue through 2020 with developers seeing the added value Starwood’s brands deliver to their real estate strategies, particularly in mature markets such as the UK, Germany and France. In Europe, the company’s mid-market portfolio is poised to exceed 50% of Starwood’s development pipeline with more than 15 new hotel openings expected across the three brands by the end of 2017. Aloft will more than double its portfolio in Europe with hotels opening in St. Petersburg and London over the next two years, in addition to two hotels in Germany, opening this summer. Four Points by Sheraton, Starwood’s fastest growing brand will also expand in emerging markets with eight openings planned in Turkey and Russia by 2017. The eco-centric Element brand, introduced to Europe with the opening of Element Frankfurt Airport Hotel last year, will debut in Amsterdam before year-end, and become part of an Aloft and Element dual-hotel development in the historic Tobacco Dock section of East London in 2017.
February 26, 2015
08:40 EDTRHPRyman Hospitality raises quarterly dividend 10c to 65c per share
The company declared its Q1 cash dividend of 65c per share of common stock from 55c per share payable on April 16 to stockholders of record on March 31. It is the company’s current plan to distribute total 2015 annual dividends of approximately $2.60 per share in cash in equal quarterly payments in April, July, October, and January. To the extent that the expected regular quarterly dividends for 2015 do not satisfy the company’s annual distribution requirements, the company expects to satisfy the annual distribution requirement by paying a “catch up” dividend in January 2016. Any future dividend is subject to the board’s future determinations as to the amount of quarterly distributions and the timing thereof.
08:39 EDTRHPRyman Hospitality sees FY15 adjusted FFO $4.96-$5.34, consensus $2.44
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08:36 EDTRHPRyman Hospitality reports Q4 AFFO $1.05, may not compare to consensus 49c
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February 25, 2015
05:12 EDTHOTStarwood and Uber announce global partnership
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February 24, 2015
11:19 EDTHOTStarwood announces debut of Aloft and Element brands in Dubai in 2018
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