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Hundreds Of Hilton Hotel Workers Strike At Seattle Airport, Demand Higher Wages And Reversal Of COVID-Era Cuts
Saturday, October 12, 2024 - 11:13pm | 464Hilton (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...
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Fintech Focus For November 5, 2020
Wednesday, November 4, 2020 - 8:37pm | 1846Quote Of The Day: Try and fail, but don’t fail to try. - John Quincy Adams Fintech Movers: Global fintech funding reached $10.63 billion in Q3, a 4% increase on the previous quarter. - Business Insider BBVA tech boosts risk processes. Importance of fintech in banking. Zelle exceeds over 1B...
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The Hotel Pair Trade: Hilton vs. Marriott
Thursday, November 16, 2017 - 5:00pm | 609Pair 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...
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Barron's Picks And Pans: Media Stocks, Hilton, ITT And More
Sunday, October 30, 2016 - 11:46am | 653This 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...
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Playboy Mansion Bought By Former CEO Of Pabst Brewing Co.
Monday, June 6, 2016 - 4:56pm | 227The 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...
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Credit Suisse's Top REIT Pick (And One Of The Worst Kept Secrets On Wall Street)
Thursday, January 22, 2015 - 3:45pm | 880The 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 (...