Lodgian LGN
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Currency Wars: Gambling With Other Peoples’ Money
Lodgian 's LGN second-quarter results offered further evidence of the extensive turnaround work still required. Our estimates for 2005 were already muted--reflecting expected portfolio renovations and temporary closures of higher-quality
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Dropping Coverage of Lodgian
We are dropping coverage of Lodgian LGN to focus our resources on other firms.
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Lodgian under Review
We are placing our fair value estimate for Lodgian LGN under review as we revisit our assumptions.
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Lodgian Posts 1Q Results
Lodgian LGN reported first-quarter results Monday ..... the quarter, bringing the total to ten. Lodgian is selling these midscale assets (mostly ..... free up cash to renovate other hotels. If Lodgian successfully disposes of these assets …
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Lodgian Reports 4Q Results
Lodgian LGN announced full-year and fourth-quarter ..... underperforming hotels throughout 2007 has helped Lodgian greatly improve its fundamentals. Revenue ..... return on investment, we are glad that Lodgian plans to spend over $40 million in 2008 …
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Lodgian CEO Steps Down
Lodgian LGN announced February 4 that president and CEO Edward J. Rohling is stepping ..... the investment bank Lazard LAZ. Cyrus has his work cut out for him as Lodgian continues to execute its turnaround plan by selling off underperforming …
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Lodgian Stops Talks with Suitors
Lodgian LGN announced Thursday that after a nearly ..... get an appropriate price for the firm. Lodgian is still open to a possible sale if conditions ..... downturn better than midscale hotels. Lodgian is going to use the proceeds from these …
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Lodgian Can't Sell Itself
Lodgian LGN announced on Friday that after holding ..... credit markets we're not optimistic that Lodgian will be able to find an acceptable offer ..... plan. In light of recent asset sales, Lodgian plans to cut costs by combining its current …
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Lodgian Posts 4Q Results
On Thursday, Lodgian LGN reported fourth-quarter results and ..... estimate is unchanged. Fundamentally, Lodgian 's hotels performed well, with daily ..... rising insurance costs. In the quarter, Lodgian sold 2 of the 27 properties it is planning …
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Lodgian Exploring Alternatives
Lodgian LGN announced last week that it has retained an investment bank to help it review strategic alternatives. Options could range from …