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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.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.