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Hotel investment company $INN said it has sold 6 hotels to affiliates of American Realty Capital Hospitality Trust (ARC) for $108.3MM. The sales proceeds were used to complete some reverse like-kind exchanges to defer otherwise taxable gains of about $74MM and to pay down $INN's unsecured revolving credit facility by $105MM.
$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.