Susquehanna Downgrades Moelis (MC) to Neutral
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Marriott International Reports First Quarter 2015 Results
April 29, 2015 4:30 PM EDTBETHESDA, Md., April 29, 2015 /PRNewswire/ --
HIGHLIGHTS
First quarter diluted EPS totaled $0.73, a 28 percent increase over prior year results; North American comparable systemwide constant dollar RevPAR rose 6.9 percent in the first quarter; On a constant dollar basis, worldwide comparable systemwide RevPAR rose 6.8 percent in the first quarter; Marriott repurchased 5.5 million shares of the company's common stock for $431 million during the first quarter. Year-to-date through April 29, the company repurchased 7.2 million shares for $566 million; Comparable company-operated house profit... More