Stock Updates, Reactivated Facilities, Upcoming Conferences, and Convertible Notes - Analyst Notes on Sunstone Hotel, Hospitality Properties, GEO, Columbia Property, and Ryman Hospitality Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 8, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Sunstone Hotel Investors Inc. (NYSE: SHO), Hospitality Properties Trust (NYSE: HPT), The GEO Group, Inc. (NYSE: GEO), Columbia Property Trust, Inc. (NYSE: CXP), and Ryman Hospitality Properties, Inc. (NYSE: RHP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Sunstone Hotel Investors Inc. Analyst Notes
On April 2, 2014, Sunstone Hotel Investors Inc.'s (Sunstone Hotel) stock increased 0.93%, ending the day at $14.06. Over the previous five trading sessions, shares of Sunstone Hotel advanced3.31%, compared to the Dow Jones Industrial Average which gained 1.87% during the same period. The full analyst notes on Sunstone Hotel Investors Inc. are available to download free of charge at:
Hospitality Properties Trust Analyst Notes
On April 2, 2014, Hospitality Properties Trust's (Hospitality Properties) stock increased 0.70%, ending the day at $28.94. For the past month, shares of Hospitality Properties rose9.21%, compared to the Dow Jones Industrial Average which went up by1.54% during the same period. The full analyst notes on Hospitality Properties Trust are available to download free of charge at:
The GEO Group, Inc. Analyst Notes
On April 1, 2014, The GEO Group, Inc. (GEO) announced that it has signed a contract with the California Department of Corrections and Rehabilitation (the Department) regarding the reactivation of the Company-owned, 260-bed McFarland Female Community Reentry Facility (the Facility) in McFarland, California. The Company informed that the contract with the Department will be effective until June 30, 2018, and the Facility will provide shelter for female inmates, and offer enhanced rehabilitation and recidivism reduction programs. According to GEO, the Facility is expected to generate c.$9 million in annualized revenues at full occupancy. George C. Zoley, Chairman and CEO of GEO, commented, "We are thankful for the confidence placed in our company by the California Department of Corrections and Rehabilitation. The reactivation of our McFarland Community Reentry Facility will play an important role in helping meet the need for correctional bed space as well as enhanced rehabilitation and recidivism reduction programs in the State of California." The full analyst notes on The GEO Group, Inc. are available to download free of charge at:
Columbia Property Trust, Inc. Analyst Notes
On April 2, 2014, Columbia Property Trust, Inc. (Columbia Property Trust) announced that it will release its results for Q1 2014 after the market closing on Thursday, May 8, 2014. Columbia Property Trust stated thata conference call and live audio webcast will be held on Friday, May 9, 2014, at 10:00 a.m. ET to review quarterly financial results and business highlights. The Company added that the live audio webcast of the call can be accessed through the Investor Relations section of the Company's website, where anonline replay will also be available following the call and archived for about twelve months after the call. The full analyst notes on Columbia Property Trust, Inc. are available to download free of charge at:
Ryman Hospitality Properties, Inc. Analyst Notes
On April 1, 2014, Ryman Hospitality Properties, Inc. (Ryman Hospitality Properties) announced that its 3.75% Convertible Senior Notes due October 1, 2014 are still convertible at the option of the holders until June 30, 2014, which is the last business day of the current fiscal quarter. Ryman Hospitality Properties informed the notes, issued in September 2009, are still convertible since the last reported sale price of the Company's common stock for at least 20 trading days during the 30 consecutive trading-day period ending on March 31, 2014, was more than 120% of the conversion price in effect on such day. Ryman Hospitality Properties added that c.$304.1 million in aggregate principal amount of notes are outstanding. The full analyst notes on Ryman Hospitality Properties, Inc. are available to download free of charge at:
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