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Articles Written by: KRISTEN A. LEE
Carnival shares gained $1.32 cents, or 5.5 percent, to $24.37 in morning trading. The stock has traded between $14.85 and $42.39 during the past 52 weeks.
Miami-based Carnival recorded a profit of $264 million, or 33 cents per share, in the quarter ...
NEW YORK — Extended Stay Hotels LLC filed for Chapter 11 bankruptcy protection on Monday, citing massive debt stemming from its 2007 acquisition by the Lightstone Group and a sharp drop in business travel due to the recession.
The Spartanburg, ...
From KRISTEN A. LEE,
Newsvine,
15 Jun 2009
Pablo Schreiber may not have the most recognizable name on Broadway this season, but his performance in Eugene O'Neill's "Desire Under the Elms" has cemented his reputation as one of his generation's most promising talents.
But despite glowing ...
From KRISTEN A. LEE,
Taiwan News,
21 May 2009
last-minute discounts are sometimes available on unreserved cars, says Becky Alseth, senior vice president of marketing for Avis.
If you're leaving your own car in the driveway for summer vacation, expect your rental car to take a bigger bite of out of ...
From KRISTEN A. LEE ASSOCIATED PRESS,
The San Jose Mercury News,
19 May 2009
NEW YORK — Casino operator Las Vegas Sands Corp. said Tuesday its first-quarter loss widened year-over-year as revenue stagnated and expenses rose, but the results were slightly better than Wall Street expected.
For the quarter that ended March 31, the ...
From KRISTEN A. LEE,
Newsvine,
5 May 2009
NEW YORK — Casino operator Wynn Resorts Ltd. said Tuesday that it lost money in its first quarter partly because revenue and occupancy dropped at its Macau resort, and its adjusted earnings fell well short of analyst estimates.
Wynn, like most casino ...
From KRISTEN A. LEE,
Newsvine,
5 May 2009
MGM Mirage said Monday it booked a first-quarter profit including a hefty gain from selling a hotel and casino, but its adjusted results missed expectations as companies continued to cancel conventions at its Las Vegas Strip resorts.
During a ...
From KRISTEN A. LEE,
Taiwan News,
5 May 2009
NEW YORK Starwood Hotels & Resorts Inc. said Thursday that its first-quarter profit plunged 81 per cent, but deep cost cuts helped the lodging company's adjusted results beat Wall Street's expectations.
The company, however, effectively pulled its full- ...
From KRISTEN A. LEE,
Globe and Mail,
30 Apr 2009
NEW YORK — Hotel and leisure company Starwood Hotels & Resorts Worldwide Inc. reports results for its first quarter, which ended March 31, on Thursday. The following is a summary of key developments and analyst opinion related to the period.
OVERVIEW: ...
From KRISTEN A. LEE,
Newsvine,
28 Apr 2009
Royal Caribbean Cruises Ltd., battered by a sharp and prolonged drop in vacation spending, said Thursday it lost less in the first quarter than expected as bookings stabilized and cruise costs declined more than anticipated.
Travelers responding ...
From KRISTEN A. LEE,
eTaiwan News,
23 Apr 2009