Marriott Has Q3 Loss After Costs From Timeshare Unit
From Bloomberg Businessweek
Marriott Has Q3 Loss After Costs From Timeshare Unit
Marriott International Inc., had a third-quarter loss after recording costs related to a timeshare business its planning to spin off. The net loss was $179 million, or 52 cents a share, compared with a profit of $83 million, or 22 cents, a year earlier. Analysts expected earnings of 28 cents a share, the average of 14 estimates in a Bloomberg survey. Click here for the full story.
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