Want to join the conversation?
Maryland-based REIT $HST said portfolio occupancy rate was 82.4% in 2Q16, an increase of 120BP compared to 2Q15. Constant currency RevPAR increased 2% as rate growth was difficult to generate. International business decreased approx. 7% in the quarter. Other revenues at comparable hotels grew 4.6%.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!