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2023-07-16 09:00:00 ET Summary U.S. equity markets advanced to their highest levels of the year on an "inflation week" rally after the closely-watched CPI and PPI reports showed a continued sharp cooldown in price pressures. Closing at the highest levels since April 2022, the S&am...
WILMINGTON, Del., July 14, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced plans to issue its fiscal-third quarter earnings release at approximately 5 p.m. ET on Tuesday, July 25, 2023. The company’s live webcast with securities analysts will include an executive summary ...
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR THE THIRD QUARTER OF 2023 PR Newswire DALLAS , July 11, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT ) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "...
2023-07-10 17:12:06 ET Ashford Hospitality Trust ( NYSE: AHT ) stock dropped 2.0% in Monday trading after the REIT disclosed late Friday that it will "most likely" will transfer the ownership of 19 hotels to respective lenders. "In the interest of protecting stockholder ...
ASHFORD TRUST PROVIDES UPDATE ON MORTGAGE EXTENSIONS PR Newswire Company Makes Strategic Decision to Reduce Leverage and Conserve Cash DALLAS , July 7, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") tod...
2023-06-30 15:42:16 ET Summary Ashford common shares have recently scraped all-time lows. The preferred shares now yield over 12%. The bull argument can be summed up in four words, i.e. "mainly property level debt". Does that save the day for the preferred shares? In...
2023-06-29 15:00:49 ET Summary The company's portfolio comprises 100 hotels across 26 states, with Marriott, Hilton, and Hyatt brands contributing to approximately 90% of the FY 2022 EBITDA. The company has a substantial debt burden of approximately $3.8 billion, with $590 million...
WILMINGTON, Del., June 28, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2023 third-quarter financial results 1 and its outlook for fiscal year 2023 results. The global additives and specialty ingredients company holds leadership positions i...
WILMINGTON, Del., June 26, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced the appointment of Sergio Pedreiro, former chief operating officer, Revlon, to its Board of Directors, effective July 1, 2023. Jay V. Ihlenfeld who has served as a director since 2017, and Brendan M. ...
2023-06-19 04:40:41 ET Summary The REIT sector declined for the 4th consecutive month with a -2.50% total return in May. Small cap REITs (-1.02%) outperformed in May by averaging the most modest negative total returns. Large caps (-4.64%) underperformed their smaller REIT peers. ...
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ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY SECOND QUARTER 2024 RESULTS PR Newswire DALLAS , July 8, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT ) ("Ashford Trust" or the "Company") reported today that the Company expects to report Occ...
ASHFORD HOSPITALITY TRUST CLOSES PREVIOUSLY ANNOUNCED SALE OF ONE OCEAN RESORT PR Newswire DALLAS , June 27, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the ...
ASHFORD HOSPITALITY TRUST ANNOUNCES SALE OF ADDITIONAL SELECT-SERVICE HOTELS PR Newswire DALLAS , June 13, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT ) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 90-ro...