Hilton

Hilton (NYSE:HLT) hotel workers running into the hundreds at Seattle airport hotels walked off the job on Saturday, calling for higher wages and reversal of COVID-era cuts, the Unite Here union said in a statement on Saturday. What Happened: “The weeklong strikes by 374 workers at the...

Pair trading is a market-neutral trading strategy of taking opposing positions — long-short — in a pair of highly correlated instruments. It's a risk mitigation strategy that helps to turn a profit from any market condition. In a Wednesday note, Bernstein identified a potential...

This weekend's Barron's cover story takes a look at the prospects for mega-mergers among the media giants. The prospects for a fabled hotelier, an industrial conglomerate and a Canadian excavations company are also examined. This issue also offers three thrifts worth betting on...

The Playboy Mansion is being sold to Daren Metropoulos, a Principal at Metropoulos & Co. He was the ex-CEO of Pabst Blue Ribbon. He also bought the neighboring home to the mansion in 2009 for $18 million. The Wall Street Journal reports the home was listed for $200 million by Mauricio...

The fact that equity REITs outperformed the broader market in 2014 is by now one of the worst kept secrets on Wall Street. Most REITs are trading at or near 52-week highs; at these lofty levels they are trading at high Price/FFO (REIT earnings) multiples and relatively high net-asset values (...