Latest Ashford Hospitality Trust Inc (AHT) Headlines
Form 4: Update Filing for Ashford Hospitality Trust Inc (AHT)
Vickers Stock Research - Tue Mar 04, 4:33AM CST
SAN FRANCISCO - March 4, 2013 - Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced today that Casablanca Mining Ltd. ("the Company") (OTCQX: CUAU) will renew its arrangement with Merriman Capital, Inc ("Merriman") for Principal American Liaison (PAL) sponsorship on OTCQX®. Casablanca Mining has continued to execute its business plan and chose to reengage Merriman for its ability to advise the Company on effective market engagement strategies and participate directly in the Company's public market position.
Downgrade Alert for Ashford Hospitality Trust (AHT)
Comtex SmarTrend(R) - Mon Mar 03, 7:57AM CST
Ashford Hospitality Trust (NYSE:AHT) was downgraded from Buy to Hold at Craig-Hallum today. The stock closed yesterday at $11.18 on volume of 3.2 million shares, above average daily volume of 771,000. Based on a current price of $11.18, Ashford Hospitality Trust is currently 10.0% above its average consensus analyst price target of $10.06. Ashford Hospitality Trust shares should encounter resistance at the 200-day moving average (MA) of $11.19 and support at the 50-day MA of $9.06.
Ashford Trust Completes Sale Of Pier House Resort And Spa For $92.7 Million
PR Newswire - Mon Mar 03, 7:05AM CST
Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has completed the sale of the Pier House Resort and Spa to Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime") for total consideration of $92.7 million. In connection with the transaction, Ashford Prime has assumed the existing $69 million property level debt financing that the Company closed in September 2013.
Ashford Prime Completes Acquisition Of Pier House Resort And Spa
PR Newswire - Mon Mar 03, 7:00AM CST
Acquisition Highlights:
Ashford Prime Reports Fourth Quarter And Year End 2013 Results
PR Newswire - Thu Feb 27, 3:06PM CST
Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") today reported the following results and performance measures for the fourth quarter ended December 31, 2013. On November 19, 2013, the Company completed its spin-off from Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust"), but the Company has presented its financial statements in accordance with GAAP, which requires that historical carve-out financial statements be presented. Accordingly, the Company's results for the period may not be representative of results in future periods. In particular, the general & administrative expenses that are shown in the historical carve-out financial statements do not reflect the expected general & administrative costs of the Company, but rather reflect an allocation of the actual general & administrative costs of Ashford Trust. The Company will have general & administrative costs that it incurs as well as reimbursable costs that Ashford Trust incurs on its behalf. The Company will also pay a base management fee to Ashford Trust equal to 0.70% times its total enterprise value. The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel Operating Profit (or Hotel EBITDA) are pro forma. Unless otherwise stated, all reported results compare the fourth quarter ended December 31, 2013, with the fourth quarter ended December 31, 2012 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.
Ashford Trust Announces Plan To Spin-Off Asset Management Business As A Separate, Publicly Traded Platform
PR Newswire - Thu Feb 27, 3:05PM CST
Today, Ashford Hospitality Trust, Inc. (NYSE: AHT) ("the Company" or "Ashford Trust") announced that its Board of Directors has unanimously approved a plan to spin-off its asset management business into a separate publicly traded company in the form of a taxable distribution. The distribution is expected to be completed in the third quarter of 2014 and will be comprised of common stock in Ashford, Inc. ("Ashford Inc."), a newly formed or successor company of the Company's existing advisor subsidiary, Ashford Hospitality Advisors LLC, which currently advises Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime"). The Company plans to file a listing application for Ashford Inc. with the NYSE or NYSE MKT Exchanges. In connection with the spin-off, it is anticipated that Ashford Inc. will enter into a 20-year advisory agreement to externally advise the Company. In addition, Ashford Inc. will continue to externally advise Ashford Prime.
Digital Marketing Company Didit Acquires PR Firm LVM Group
PR Newswire - Wed Feb 26, 7:30AM CST
Didit, a digital advertising and marketing company based in Mineola (Nassau County), has acquired LVM Group, a Manhattan-based public relations firm.
NYSE stocks posting largest percentage increases
AP - Wed Feb 19, 5:13PM CST
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
Upgrade Alert for Ashford Hospitality Trust (AHT)
Comtex SmarTrend(R) - Wed Feb 19, 7:00AM CST
Ashford Hospitality Trust (NYSE:AHT) was upgraded from Neutral to Outperform at RW Baird today. The stock closed yesterday at $9.68 on volume of 326,000 shares, below average daily volume of 687,000. Ashford Hospitality Trust (NYSE:AHT) has potential upside of 3.9% based on a current price of $9.68 and analysts' consensus price target of $10.06. The stock should hit resistance at its 200-day moving average (MA) of $11.30, as well as support at its 50-day MA of $8.58.
Ashford Hospitality Trust (AHT) Enters Overbought Territory - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 6:15AM CST
Ashford Hospitality Trust (AHT) Enters Overbought Territory
Ashford Hospitality Trust Has Returned 23.3% Since SmarTrend Recommendation (AHT)
Comtex SmarTrend(R) - Wed Feb 12, 4:56PM CST
SmarTrend identified a Downtrend for Ashford Hospitality Trust (NYSE:AHT) on November 8th, 2013 at $12.14. In approximately 3 months, Ashford Hospitality Trust has returned 23.28% as of today's recent price of $9.31.
Downtrend Call Working As Ashford Hospitality Trust Stock Falls 26.7% (AHT)
Comtex SmarTrend(R) - Wed Feb 05, 11:06AM CST
SmarTrend identified a Downtrend for Ashford Hospitality Trust (NYSE:AHT) on November 8th, 2013 at $12.14. In approximately 3 months, Ashford Hospitality Trust has returned 26.66% as of today's recent price of $8.90.
Zacks Rank #5 Additions for Wednesday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Feb 05, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (strong sell) List for Wednesday
PLS Logistics Services Opening Branch Office in Pittsburgh's South Side
PR Newswire - Wed Jan 29, 2:30PM CST
PLS Logistics Services ("PLS"), a leading provider of logistics solutions and freight brokerage services, today announced that it will begin operations in the South Side of Pittsburgh starting the first week of February, 2014. The company will open this new satellite office to meet the needs of its expanding regional client base. The new South Side office is located on the Fifth Floor of 2100 Wharton Street, and is expected to create over 100 jobs in the greater Pittsburgh area.
Ashford Trust Announces Tax Reporting Information For 2013 Common And Preferred Share Distributions
PR Newswire - Wed Jan 29, 12:52PM CST
Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced the tax reporting (Federal Form 1099-DIV) information for the 2013 distributions on its common shares and its Series A, D, and E preferred shares.
Ashford Hospitality Trust Down 27.8% Since SmarTrend Downtrend Call (AHT)
Comtex SmarTrend(R) - Wed Jan 29, 9:51AM CST
SmarTrend identified a Downtrend for Ashford Hospitality Trust (NYSE:AHT) on November 8th, 2013 at $12.14. In approximately 3 months, Ashford Hospitality Trust has returned 27.81% as of today's recent price of $8.76.
Ashford Trust Completes Refinancing Of $165 Million Loan
PR Newswire - Mon Jan 27, 7:00AM CST
Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully refinanced its $165 million MIP Portfolio mortgage loan, which had a final maturity date in March 2015.
Form 4: Update Filing for Ashford Hospitality Trust Inc (AHT)
Vickers Stock Research - Tue Mar 04, 4:33AM CST
SAN FRANCISCO - March 4, 2013 - Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced today that Casablanca Mining Ltd. ("the Company") (OTCQX: CUAU) will renew its arrangement with Merriman Capital, Inc ("Merriman") for Principal American Liaison (PAL) sponsorship on OTCQX®. Casablanca Mining has continued to execute its business plan and chose to reengage Merriman for its ability to advise the Company on effective market engagement strategies and participate directly in the Company's public market position.
Downgrade Alert for Ashford Hospitality Trust (AHT)
Comtex SmarTrend(R) - Mon Mar 03, 7:57AM CST
Ashford Hospitality Trust (NYSE:AHT) was downgraded from Buy to Hold at Craig-Hallum today. The stock closed yesterday at $11.18 on volume of 3.2 million shares, above average daily volume of 771,000. Based on a current price of $11.18, Ashford Hospitality Trust is currently 10.0% above its average consensus analyst price target of $10.06. Ashford Hospitality Trust shares should encounter resistance at the 200-day moving average (MA) of $11.19 and support at the 50-day MA of $9.06.
Ashford Trust Completes Sale Of Pier House Resort And Spa For $92.7 Million
PR Newswire - Mon Mar 03, 7:05AM CST
Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has completed the sale of the Pier House Resort and Spa to Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime") for total consideration of $92.7 million. In connection with the transaction, Ashford Prime has assumed the existing $69 million property level debt financing that the Company closed in September 2013.
Ashford Prime Completes Acquisition Of Pier House Resort And Spa
PR Newswire - Mon Mar 03, 7:00AM CST
Acquisition Highlights:
Ashford Prime Reports Fourth Quarter And Year End 2013 Results
PR Newswire - Thu Feb 27, 3:06PM CST
Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") today reported the following results and performance measures for the fourth quarter ended December 31, 2013. On November 19, 2013, the Company completed its spin-off from Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust"), but the Company has presented its financial statements in accordance with GAAP, which requires that historical carve-out financial statements be presented. Accordingly, the Company's results for the period may not be representative of results in future periods. In particular, the general & administrative expenses that are shown in the historical carve-out financial statements do not reflect the expected general & administrative costs of the Company, but rather reflect an allocation of the actual general & administrative costs of Ashford Trust. The Company will have general & administrative costs that it incurs as well as reimbursable costs that Ashford Trust incurs on its behalf. The Company will also pay a base management fee to Ashford Trust equal to 0.70% times its total enterprise value. The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel Operating Profit (or Hotel EBITDA) are pro forma. Unless otherwise stated, all reported results compare the fourth quarter ended December 31, 2013, with the fourth quarter ended December 31, 2012 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.
Ashford Trust Announces Plan To Spin-Off Asset Management Business As A Separate, Publicly Traded Platform
PR Newswire - Thu Feb 27, 3:05PM CST
Today, Ashford Hospitality Trust, Inc. (NYSE: AHT) ("the Company" or "Ashford Trust") announced that its Board of Directors has unanimously approved a plan to spin-off its asset management business into a separate publicly traded company in the form of a taxable distribution. The distribution is expected to be completed in the third quarter of 2014 and will be comprised of common stock in Ashford, Inc. ("Ashford Inc."), a newly formed or successor company of the Company's existing advisor subsidiary, Ashford Hospitality Advisors LLC, which currently advises Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime"). The Company plans to file a listing application for Ashford Inc. with the NYSE or NYSE MKT Exchanges. In connection with the spin-off, it is anticipated that Ashford Inc. will enter into a 20-year advisory agreement to externally advise the Company. In addition, Ashford Inc. will continue to externally advise Ashford Prime.
Digital Marketing Company Didit Acquires PR Firm LVM Group
PR Newswire - Wed Feb 26, 7:30AM CST
Didit, a digital advertising and marketing company based in Mineola (Nassau County), has acquired LVM Group, a Manhattan-based public relations firm.
NYSE stocks posting largest percentage increases
AP - Wed Feb 19, 5:13PM CST
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
Upgrade Alert for Ashford Hospitality Trust (AHT)
Comtex SmarTrend(R) - Wed Feb 19, 7:00AM CST
Ashford Hospitality Trust (NYSE:AHT) was upgraded from Neutral to Outperform at RW Baird today. The stock closed yesterday at $9.68 on volume of 326,000 shares, below average daily volume of 687,000. Ashford Hospitality Trust (NYSE:AHT) has potential upside of 3.9% based on a current price of $9.68 and analysts' consensus price target of $10.06. The stock should hit resistance at its 200-day moving average (MA) of $11.30, as well as support at its 50-day MA of $8.58.
Ashford Hospitality Trust (AHT) Enters Overbought Territory - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 6:15AM CST
Ashford Hospitality Trust (AHT) Enters Overbought Territory
Ashford Hospitality Trust Has Returned 23.3% Since SmarTrend Recommendation (AHT)
Comtex SmarTrend(R) - Wed Feb 12, 4:56PM CST
SmarTrend identified a Downtrend for Ashford Hospitality Trust (NYSE:AHT) on November 8th, 2013 at $12.14. In approximately 3 months, Ashford Hospitality Trust has returned 23.28% as of today's recent price of $9.31.
Downtrend Call Working As Ashford Hospitality Trust Stock Falls 26.7% (AHT)
Comtex SmarTrend(R) - Wed Feb 05, 11:06AM CST
SmarTrend identified a Downtrend for Ashford Hospitality Trust (NYSE:AHT) on November 8th, 2013 at $12.14. In approximately 3 months, Ashford Hospitality Trust has returned 26.66% as of today's recent price of $8.90.
Zacks Rank #5 Additions for Wednesday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Feb 05, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (strong sell) List for Wednesday
PLS Logistics Services Opening Branch Office in Pittsburgh's South Side
PR Newswire - Wed Jan 29, 2:30PM CST
PLS Logistics Services ("PLS"), a leading provider of logistics solutions and freight brokerage services, today announced that it will begin operations in the South Side of Pittsburgh starting the first week of February, 2014. The company will open this new satellite office to meet the needs of its expanding regional client base. The new South Side office is located on the Fifth Floor of 2100 Wharton Street, and is expected to create over 100 jobs in the greater Pittsburgh area.
Ashford Trust Announces Tax Reporting Information For 2013 Common And Preferred Share Distributions
PR Newswire - Wed Jan 29, 12:52PM CST
Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced the tax reporting (Federal Form 1099-DIV) information for the 2013 distributions on its common shares and its Series A, D, and E preferred shares.
Ashford Hospitality Trust Down 27.8% Since SmarTrend Downtrend Call (AHT)
Comtex SmarTrend(R) - Wed Jan 29, 9:51AM CST
SmarTrend identified a Downtrend for Ashford Hospitality Trust (NYSE:AHT) on November 8th, 2013 at $12.14. In approximately 3 months, Ashford Hospitality Trust has returned 27.81% as of today's recent price of $8.76.
Ashford Trust Completes Refinancing Of $165 Million Loan
PR Newswire - Mon Jan 27, 7:00AM CST
Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully refinanced its $165 million MIP Portfolio mortgage loan, which had a final maturity date in March 2015.
