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$DRH said that the total consideration, adjusted to include the cost of projected near-term CapEx, represents a 7.2% capitalization rate on Orlando Airport Marriott Lakeside's net operating income for the year ended Dec. 31, 2015. The consideration also represents an 11.5x multiple on the Hotel's adjusted EBITDA for the year ending Dec. 31, 2015.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!