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$DRH said it completed the sale of the Hilton Minneapolis for approx. $143MM. The total consideration represents a 7.6% capitalization rate on the hotel's net operating income and an 11 times multiple on adjusted EBITDA for the trailing 12-month period ending March 31, 2016.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?