2ND UPDATE: Hilton Profit Hit By Renovation Costs (Nasdaq)
CHICAGO (Dow Jones) -- Hilton Hotels Corp. on Monday said first-quarter profit fell 9%, hurt by renovation costs at a New York hotel that offset higher revenues per room....more...Earnings Preview: Hilton Hotels (Sharewatch)
OVERVIEW: Hotel operator Hilton said in January that Chief Executive Stephen F. Bollenbach will step down at the end of the year, but retain his role as co-chairman of the board through 2010. The company said it expected to name a successor to Bollenbach by the summer....more... Hilton Reports Strong First Quarter 2007 Results (Business Wire via Yahoo! Finance)
BEVERLY HILLS, Calif.----Hilton Hotels Corporation today reported financial results for the first quarter ended March 31, 2007. First quarter highlights compared to the first quarter of 2006 are as follows: Total company Adjusted EBITDA of $371 million, up 13%....more... Hilton Reports Strong First Quarter 2007 Results (FinanzNachrichten)
Hilton reported first quarter 2007 net income of $95 million compared with $104 million in the 2006 quarter. Diluted net income per share was $.23 in the 2007 first quarter, versus $.26 in the 2006 period....more... All Star Analysts Portfolio Highlights: ENSCO Int'l, Hilton Hotels, Helix Energy Solutions and Schlumberger (Business Wire via Yahoo! Finance)
CHICAGO----Zacks.com just released its latest additions and deletions to its proprietary All Star Analyst portfolio. Members on this exclusive list include ENSCO International Inc. , Hilton Hotels Corporation , Helix Energy Solutions and Schlumberger Ltd. ....more... Zagat Surveys 23,409 Travelers to ID World's Leading Lodgings; New Guide Covers 1,287 Great Places to Stay and Play in ... (PR Newswire via Yahoo! Finance)
Zagat Survey today released the results of its 2007/2008 World's Top Hotels, Resorts and Spas survey....more... Midday Leaders & Laggards: S&P 500 (Sharewatch)
In midday trading, the S&P 500 was up 0.96 to 1,495.03. After Chicago-based Wrigley posted a 28 percent increase in first-quarter profit, the company's stock jumped $3.92, or 7.1 percent, to $58.97 on the Big Board....more... Marcus Hotels and Resorts Sells Columbus, Ohio, Westin into Joint Venture with Waterton Commercial (Business Wire via Yahoo! Finance)
MILWAUKEE & COLUMBUS, Ohio----Marcus Hotels and Resorts, a division of The Marcus Corporation , today announced that it has sold the historic, 186-room Westin Columbus hotel for an undisclosed amount into a joint venture between the company and Waterton Tactical Real Estate Fund I, a discretionary, value-added real estate fund sponsored by Chicago-based Waterton Commercial LLC....more... U.S. Stocks Fall on Economy Concern; Target, Retailers Decline (Bloomberg.com)
April 30 (Bloomberg) -- The U.S. stock market ended the best month since 2003 by declining for a third straight day after slower growth in personal spending added to concern the economic expansion may falter....more... |