David Loeb

Type: Person
Name: David Loeb
First reported Sep 19 2014 - Updated Sep 19 2014 - 1 reports

Hotel investors show appetite for portfolios

REPORT FROM THE U.S.—Two hefty transactions this week are showing that hotel investors still have a big appetite for deals.Real estate investment trust NorthStar Realty Finance Corporation on Thursday announced it was acquiring , as part of a joint venture ... [Published Hotel News Now - Sep 19 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 1 reports

City Approves Operating Budget with Some Water Rate Cuts

CORPUS CHRISTI (Kiii News) -The City of Corpus Christi approved Tuesday its $830 million operating budget for the fiscal year that begins Oct. 1. That budget includes cuts to the water rate.The amended water rate plan means average residential customers ... [Published KiiiTV3.com - Sep 16 2014]
First reported Sep 09 2014 - Updated Sep 09 2014 - 1 reports

U.S. Hotel Stock Index Upticks 5.4% in August

STR reported today that the Baird/STR Hotel Stock Index enjoyed a 5.4-percent increase to 3,689 in August 2014, and is up 16.1 percent year to date. The index ended 2013 at 3,177.Randy SmithThe Baird/STR Hotel Stock Index outperformed the S&P 500 (+3.8 ... [Published World Property Channel - Sep 09 2014]
First reported Sep 08 2014 - Updated Sep 08 2014 - 1 reports

Baird/STR Hotel Stock Index up 5.4% in August

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index reported a 5.4-percent increase to 3,689 in August and is up 16.1 percent year to date. The index ended 2013 at 3,177.Robert W. Baird and Co. and STR partnered to create the Baird/STR ... [Published Hotel News Now - Sep 08 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

Who Is Angelo Mozilo? Former Countrywide Exec To Face Civil Case Amid Bank Of America Settlement

Federal prosecutors are poised to pursue a civil case against Angelo Mozilo, the disgraced Countrywide Financial co-founder, according to multiple sources. Mozilo is widely regarded as the archetype of the corporate misbehavior that led to the 2008 U.S. ... [Published International Business Times - Aug 21 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Evan Smith Comments: Sound And Fury Surrounding REIT Earnings Guidance Signifies Little, Data Suggests

August 18, 2014, SNL FinancialReal estate companies' performance relative to their own stated earnings guidance — the focus of many an earnings release and conference call presentation — has little correlation to subsequent share-price movement in the ... [Published Cantor Fitzgerald - Aug 19 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

20 Individuals Filed to Run in November General Election

CORPUS CHRISTI (Kiii News) -As of 4 p.m. Monday, the last day to file to run in the upcoming November election, a total of 20 individuals had filed to run for mayor and the seven city council seats that are up for grabs.The only incumbents not running ... [Published KiiiTV3.com - Aug 18 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

Ally Financial: Hedge Funds Getting In, U.S. Government Getting Out

Ally Financial (NYSE: ALLY) is proving a popular investment with big hedge funds, while the government is getting out.The former financing arm of General Motors (NYSE: GM) got bailed out by the Feds in 2008 as part of the Troubled Asset Relief program. ... [Published Benzinga.com - Aug 15 2014]

Quotes

...and accelerating demand trends have been a boon to hotel stocks," said David Loeb, senior hotel research analyst and managing director at Baird. "investors remain optimistic that third and fourth quarter earnings will be stronger than expected as revpar growth trends across the industry remain robust."
"I think generally, earnings surprise is hard to measure because what really counts is surprise relative to what people believe," Loeb said. "the stock market represents the sum of investors' expectations about the future, generally speaking. and those expectations are not quantified anywhere, and they're not easily quantifiable. we can talk to 100 investors, and there might be a bias in our sample towards people who are expecting less than a lot of other investors, who are essentially making the market."

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sort by: Date | Relevance
Hotel investors show appetite for portfolios [Published Hotel News Now - Sep 19 2014]
City Approves Operating Budget with Some Water ... [Published KiiiTV3.com - Sep 16 2014]
U.S. Hotel Stock Index Upticks 5.4% in August [Published World Property Channel - Sep 09 2014]
Baird/STR Stock Down Index for August 2014 [Published Hospitality Trends - Sep 09 2014]
Baird/STR Hotel Stock Index up 5.4% in August [Published Hotel News Now - Sep 08 2014]
Who Is Angelo Mozilo? Former Countrywide Exec T... [Published International Business Times - Aug 21 2014]
Evan Smith Comments: Sound And Fury Surrounding... [Published Cantor Fitzgerald - Aug 19 2014]
20 Individuals Filed to Run in November General... [Published KiiiTV3.com - Aug 18 2014]
Ally Financial: Hedge Funds Getting In, U.S. Go... [Published Benzinga.com - Aug 15 2014]
Rajat Gupta's lawyers say others tipped Rajaratnam [Published Topnews.in - Jun 07 2012]
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