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Stock Market & Financial Investment News

News Breaks
April 8, 2014
08:19 EDTWYNFTC data-breach suit against Wyndham allowed to proceed, WSJ says
A federal judge allowed the Federal Trade Commission to move forward with a lawsuit that accuses Wyndham of failing to make reasonable efforts to protect consumer information, though the early ruling focused solely on the FTC's authority to bring its suit and offered no opinion on the underlying merits of the allegations, reported The Wall Street Journal. Reference Link
News For WYN From The Last 14 Days
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April 29, 2015
08:55 EDTWYNWyndham weakness creates more attractive entry point, says JMP Securities
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08:40 EDTWYNFelcor Lodging sees FY15 adjusted FFO 84c-90c, consensus 86c
Sees FY15 RevPAR for same-store hotels up 8.5%-9%. The company says, "We increased our RevPAR and EBITDA outlook primarily to reflect better than expected first quarter results. Our 2015 outlook reflects continuing strong lodging industry fundamentals. We expect continued robust demand growth reflecting strength in both the leisure and corporate segments. Consequently, we expect occupancy will increase, as demand growth broadly outpaces new supply. Average occupancy for the U.S. is at record levels, allowing for strong ADR growth. Our projected 2015 RevPAR growth exceeds projected 2015 overall industry RevPAR growth because of our high-quality and diverse portfolio, which is over-weighted to higher growth markets with favorable fundamentals. Our outlook assumes we sell eight non-strategic hotels during 2015. The low-end of our guidance assumes that we sell all five remaining non-strategic hotels in the second quarter. The high-end of our guidance assumes that we sell three of the remaining five non-strategic hotels in the second quarter and the remaining two non-strategic in the third quarter. Our outlook assumes EBITDA for the Wyndham (WYN) hotels equals the amount guaranteed by Wyndham."
April 28, 2015
06:35 EDTWYNWyndham sees FY15 adjusted EPS $4.81-$4.96, consensus $4.93
Sees FY15 revenue $5.45B-$5.55B, consensus $5.48B.
06:34 EDTWYNWyndham reports Q1 adjusted EPS $1.03, consensus 92c
Reports Q1 revenue $1.26B, consensus $1.24B.

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