Meliker also explained that Blackstone has a lockup on its Hilton investment that will expire in the next three years. And when that happens, it will need to return capital to investors, and sell a bunch of its Hilton stock.
Hilton Worldwide (NYSE:HLT) traded in a range yesterday that spanned from a low of $82.63 to a high of $84.05. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $83.73 on volume of 733,000 …
Balancing the Cisco report was economic data that showed companies reduced the amount of unsold goods in stock, an indication that orders may be picking up again. For investors that see the reduction in unsold goods as a forerunner to …
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TBC Brands, one of the largest distributors of private brand tires in North America, has unveiled its new Trail Guide HLT highway line for the light truck segment. The line is available in 37 sizes, across 15-in. to 20-in. rim diameters and …
One of the leading U.S satellite TV operators, DIRECTV ( DTV), and Hilton Worldwide Holdings Inc. ( HLT) are planning to collaborate to offer high-quality in-room TV viewing experience for hotel guests. As per the deal, DIRECTV will be the …
The company's stock rose more than 5% at the end of the trading day. Earlier this year, Hilton CEO Christopher Nassetta hinted a move like this might be in the offing. The move to separate real estate assets from popular brands has gained …
Hilton Worldwide (NYSE:HLT) traded in a range yesterday that spanned from a low of $79.08 to a high of $81.00. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $80.66 on volume of 1.0 …