
Bowler : On February 29th we detailed the circumstances of 7 quarters accrued but unpaid dividends due on Felcor Lodging Trust 's ( FCH ) series A and C preferred shares. On April 5th Felcor announced the sale of six hotels for approximately
Pushing ahead on plans to slim down, FelCor Lodging Trust ( FHC +17.5% ) agrees to sell six hotels for $103M to an undisclosed buyer. The REIT, which has prioritized stripping itself
By Dane Bowler : Prosperity in the hotel sector as a whole is largely determined by that of the economy. While there are many possible reasons for this, two of the largest factors are business travel and increased individual incomes. Business travel: During strong economic conditions more business
By Investment Underground : By Robert Gordon With the economy gradually recovering, some healthcare, apartment, industrial and commercial REITs are in good positions for earnings growth. However, not all REITs are created equal. While much ink has been spilled on the income potential of companies
By Ross Bowler : Felcor Lodging Trust ( FCH ), the Irving, TX based hotel REIT ..... Wednesday morning's financial markets, FCH shares might move significantly higher ..... thinly traded preferred issues, FCH -A and FCH -C. ISSUE Series A Cumulative
By Rougemont : The stock market correction has taken down most stocks, and this has created many new bargains. One sector that has been hit particularly hard, is real estate investment trusts (REITs). This sector is full of companies that are sensitive to the economy. Some REIT stocks have ...
TECHNOLOGY MRVL 21.30 15.43 38% GEVO INC GEVO 24.75 19.35 28% PENN VIRGINIA CORP PVA 19.73 15.46 28% FELCOR LODGING TRUST INC FCH 7.91 6.36 24% DREAMWORKS ANIMATION DWA 32.56 26.49 23% TELLABS INC TLAB 5.93 4.90 21% SYNOVUS
My name is Stephanie, and I will be your conference operator today. At this time I would like to welcome everyone to FelCor Lodging Trust Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks
Rougemont submits: In March, I wrote about 10 stocks that I thought were oversold and likely to rebound. Since then, all 10 of are up, four of them (RAIT Investment Trust ( RAS ); Hartford Financial Services ( HIG ); MGM Mirage ( MGM ); and NutriSystem ( NTRI )) significantly -- about 10 to 12%, in
April 4 (Reuters) - FelCor Lodging Trust Inc said it would buy two midtown Manhattan hotels from Morgans Hotel Group Co for $140 million, a move that marks the lodging real estate investment trust's entry into the lucrative New York market.