Hilton Worldwide (HLT) Reports In-Line Q3 EPS
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October 27, 2016 10:05 AM EDT
Barclays downgraded Hilton Worldwide (NYSE: HLT) from Overweight to Equalweight.
For an analyst ratings summary and ratings history on Hilton Worldwide click here. For more ratings news on Hilton Worldwide click here.
Shares of Hilton Worldwide closed at $22.32 yesterday.
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October 26, 2016 6:10 AM EDT
By Arunima Banerjee
(Reuters) - Hilton Worldwide Holdings Inc (NYSE: HLT), owner of the Waldorf Astoria hotel chain, cut its full-year forecast for a key revenue measure for the third time as it struggles with weak business travel demand in a slowing global economy.
Shares of the company, which also owns the Conrad and Double Tree hotel chains, fell as much as 3.2 percent on Wednesday. Larger rival Marriott International Inc's (NASDAQ: MAR) shares were down 0.7 percent.
Hilton said it expects 2016... More
