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Maryland-based REIT $DRH said it completed the sale of the Hilton Garden Inn Chelsea / New York City for $65MM to an affiliate of a China-based entity. The sale price represents a 13.5 times multiple on the hotel's adjusted EBITDA and a 6.6% capitalization rate on net operating income for the trailing 12-month period ended March 31, 2016.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.