NASHVILLE, Tenn. _ Ryman Hospitality Properties Inc. on Thursday reported fourth-quarter profit of $62.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 97 cents per share. Ryman Hospitality Properties expects full-year earnings in the range of $4.96 to $5.34 per share.
NASHVILLE, Tenn.-- Ryman Hospitality Properties Inc. announced Friday that it will issue a special dividend as part of its plans to convert to a real estate investment trust next year. "The special dividend brings us one step closer to completing our conversion to a REIT effective Jan. 1," Colin Reed, chairman, CEO and president of Ryman, said in a statement.
Oct 3- Gaylord Entertainment Co:. *JMP raises Ryman Hospitality Properties price target to $50 from $45;. Reuters Station users, click. 1568.
Take a look at some of Friday's midday movers:
Stocks closed lower Thursday with all three major averages logging their worst May since 2010, driven by mounting concerns over the euro zone debt crisis in addition to worries over a slowing U.S. economy.
Take a look at some of Thursday's midday movers:
DreamWorks Animation is bringing Shrek and Kung Fu Panda to Gaylord Entertainment's family resorts. The company just announced that it's licensing its characters to Gaylord's four upscale hotels in Nashville, the Orlando area, Dallas area, and in Maryland.
Forget those doctors of doom and gloom, the better market 'tells' may involve corn dogs and Opryland. We're not kidding!
Stocks rallied for a fourth straight session Friday, ending at their highest closing levels since the fall, after a sharp jump in existing-home sales.
Stocks jumped Friday, setting the stage for a four-session winning streak, after a sharp jump in existing-home sales and some encouraging economic data out of Europe.
The stock market has gotten ahead of the consumer, according to Eric Claus, president of supermarket operator Great Atlantic & Pacific Tea Co.
David Katz at Oppenheimer feels optimistic about some hotel stocks.
The $109 billion lodging industry is facing a triple squeeze play-- weakening demand, higher operating costs and more supply coming on-line.