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Starwood Hotels & Resorts Worldwide Inc

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  • Oct 28- Marriott International Inc raised its profit forecast for the year as more business travelers and tourists pay higher rates to stay at its hotels in North America. With a greater percentage of its hotels in North America than Starwood Hotels& Resorts Worldwide Inc, Marriott was less affected by the strong dollar and Ebola concerns that dragged on its...

  • *Sees FY 2014 profit $2.79- $2.80/ shr vs est $2.84. Oct 28- U.S. hotel operator Starwood Hotels& Resorts Worldwide Inc forecast a full-year profit below Wall Street estimates, citing volatility in international markets and the strengthening U.S. dollar. Starwood, which operates the Sheraton and Westin chain of hotels, said it expected a full-year 2014 profit of...

  • UPDATE 1-Starwood Hotels profit beats as travel rises Tuesday, 28 Oct 2014 | 9:26 AM ET

    Oct 28- Starwood Hotels& Resorts Worldwide Inc reported a slightly higher-than-expected quarterly profit, as a rise in travel drove up occupancy and room rates. Starwood said it expected a full-year 2014 profit of $2.79- $2.83 per share, below the average analyst estimate of $2.84. Total revenue fell 1 percent to $1.49 billion, missing analysts' average estimate...

  • Oct 28- Starwood Hotels& Resorts Worldwide Inc reported a 31 percent fall in quarterly profit, hurt by a fall in revenue in its residential business. The company's net profit fell to $109 million, or 59 cents per share, for the third quarter ended Sept.30, from $157 million, or 81 cents per share, a year earlier. Revenue from sales of residential units fell to $2 million...

  • Oil and earnings the main attractions (for now) Tuesday, 28 Oct 2014 | 5:54 AM ET
    Traders on the floor of the New York Stock Exchange, October 15, 2014.

    As markets await Fed's move to end the quantitative easing program when it releases its statement Wednesday, traders keep eyes on oil and earnings.

  • What traders are watching while they wait for the Fed Tuesday, 28 Oct 2014 | 5:38 AM ET
    Traders on the floor of the New York Stock Exchange, October 15, 2014.

    As markets await Fed's move to end the quantitative easing program when it releases its statement Wednesday, traders keep eyes on oil and earnings.

  • Oct 6- Hilton Worldwide Holdings Inc said it would sell the landmark Waldorf Astoria New York hotel to Chinese insurer Anbang Insurance Group Co Ltd for about $1.95 billion. The property is the flagship hotel of Hilton's luxury brand, Waldorf Astoria Hotels& Resorts, which owns 27 properties across cities such as Amsterdam, Chicago, and Shanghai.

  • Watch Art Cashin: Be wary of Ebola's effect Wednesday, 1 Oct 2014 | 3:54 PM ET
    Art Cashin

    Art Cashin of UBS says several factors are hurting stocks: Geopolitical tensions, Ebola worries, deflation and growth concerns.

  • Pimco's best investment ideas right now Monday, 15 Sep 2014 | 4:30 PM ET
    A Pacific Investment Management Company advertisement is displayed on a building in Hong Kong, China.

    Here are the names that Pimco's Mark Kiesel believes are the best investment opportunities right now.

  • Robots are the new butlers at Starwood Hotels Tuesday, 12 Aug 2014 | 9:00 AM ET
    Botlr robot at Starwood Hotel

    Forget your toothpaste? Need more towels? If you're staying at Starwood Hotels, you may be served by a Botlr.

  • A live market monitor is viewed on the floor of the New York Stock Exchange (NYSE).

    Some of Friday's midday movers:

  • Aug 1- Hilton Worldwide Holdings Inc, which owns the Conrad and Waldorf Astoria brands, raised its full-year earnings forecast and reported a better-than-expected rise in quarterly profit, driven by an increase in business and leisure travel.

  • July 28- Global business travel spending will reach a record $1.18 trillion this year, up nearly 7 percent from 2013, bolstered by growth in China, a U.S. trade group said on Monday.

  • July 24- Starwood Hotels& Resorts Worldwide Inc reported a higher-than-expected quarterly profit as an increase in global business travel drove occupancy and room rates. The operator of the Sheraton and Westin chain of hotels also raised its full-year profit forecast to $2.78- $2.85 per share from $2.76- $2.83.

  • Starwood profit rises as occupancy, room rates rise Thursday, 24 Jul 2014 | 6:14 AM ET

    July 24- Starwood Hotels& Resorts Worldwide Inc, owner of the Sheraton and Westin brands, reported an 11 percent rise in quarterly profit as occupancy and room rates increased. The company's net income rose to $153 million, or 80 cents per share, for second quarter ended June 30, from $138 million, or 71 cents per share, a year earlier.

  • You kill it, hotels cook it: Farm-to-table perks Sunday, 20 Jul 2014 | 1:00 PM ET
    Marlin Watkins with wild turkeys bagged at Turkey Trot Acres.

    Farm-to-table meals have become so popular that hotels are now getting in the game by offering prepared meals using food hooked or shot by guests.

  • How to steal tech talent: Offer lush hotels Friday, 11 Jul 2014 | 12:00 AM ET
    Employees assist guests at the Starwood Hotels & Resorts Worldwide Westin New York Grand Central in New York.

    In the hunt for top mobile and web developers, it's no longer just hot technology start-ups competing with Facebook and Google.

  • HotelTonight adds keyless entry, mobile check-in Wednesday, 25 Jun 2014 | 6:48 PM ET
    New features on the HotelTonight app include a keyless room entry option.

    An app-only booking company has added keyless room entry and mobile check-in features for hotel guests.

  • Wyndham was the mystery bidder for IHG: report Tuesday, 24 Jun 2014 | 1:45 PM ET
    A sign for the InterContinental Hotel, operated by the InterContinental Hotels Group Plc, sits on display at the hotel in Park Lane, London.

    Intercontinental Hotels' board rejected a merger offer in May, Sky News reports.

  • Rent your home--or your couch Tuesday, 17 Jun 2014 | 2:02 PM ET
    (Left to right) Brian Chesky, Nathan Blecharczyk and Joe Gebbia, co-founders of Airbnb

    Despite opposition, Airbnb's rent-your-home marketplace, with its 'airbed and breakfast' approach, is catching on in the shared economy.