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$HOT 2Q15 Call: In the second quarter, Starwood opened 21 hotels with approx. 4,000 rooms, an increase of 5% from the second quarter of last year. We signed 64 deals for new hotels in the quarter, representing 14,400 rooms, nearly 70% increase. We can expect net rooms growth for Starwood in CY16 and beyond to be a backup to a level of 45%.
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.