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Hotel and leisure company $HOT said its REVPAR at its worldwide same-store owned hotels was $184.26 for FY15, compared to $182.82 a year ago. The increase in REVPAR was due to an increase in occupancy rates to 75.9% for FY15, compared to 73.1% a year ago. REVPAR and ADR were negatively affected by the unfavorable impact of foreign exchange rates.
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?
$AVGO 4Q results beat analyst’s expectations again this time. Time to make some hay while the sun shines ;)
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!