STAMFORD, Conn., Feb 10, 2015 – Starwood Hotels & Resorts Worldwide, Inc. HOT, +6.28% today announced plans to spin-off its vacation ownership business, Starwood Vacation Ownership (“SVO”), into a separate publicly traded company. In addition to accelerating Starwood’s ongoing ‘Asset Light’
As we begin the U.S. Pre-Market equity session the S&P 500 futures are clawing their way higher indicating a stronger open this morning.
U.S. futures are riding yesterday’s momentum of positive U.S. economic data refueling speculation the Federal Reserve may opt to taper its $85 billion stimulus program sooner rather than later.
Welcome to today’s Morning Coffee Break – On the first day of trading this week traders are waking up to lower futures in the U.S. stock indexes after last week’s rally sparked by the Federal Reserve’s aggressive new round of quantitative (QE3) easing last week Thursday.
Breaking News Alcoa Kicks Off Earnings with a bang.
Well this week kicks off earnings season right in the middle of the euro zone storm and ahead Wednesday’s FOMC statement.
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