Host Hotels & Resorts (HST) Tops Q3 FFO by 1c
- Wall St rallies on bright earnings, megacaps' support
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
Host Hotels & Resorts, Inc. Reports Results for the Third Quarter 2016
November 2, 2016 6:00 AM EDTBETHESDA, Md., Nov. 02, 2016 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NYSE: HST) (Host Hotels or the Company), the nations largest lodging real estate investment trust (REIT), today announced results of operations for the third quarter of 2016.
We are pleased with our financial performance during the third quarter, as strong RevPAR growth drove significant comparable hotel profit increases, said W. Edward Walter, President and Chief Executive Officer. We have continued our disciplined approach to capital allocation and active portfolio management, which includes realizing profits as we completed our exit from New... More