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Lodging REIT company $HST reported a 35.7% drop in earnings due to higher costs and expenses, and lower gain on sale of assets. Net income fell to $163MM or $0.22 per share from $254MM or $0.33 per share last year. Revenue rose to $1.33Bil from $1.32Bil. NAREIT FFO per share slid by 7.5% and adjusted FFO per share declined by 2.5%.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.