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$LHO said it agreed to sell Indianapolis Marriott Downtown to affiliates of White Lodging Services Corp. and REI Investments for $165MM. The company acquired the hotel in Feb. 2004 for $106MM. $LHO expects the transaction to close early in 3Q16. Proceeds will be used to reduce borrowings on senior unsecured credit facility.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.