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BUSINESS BRIEFS.(TO THE POINT)
RETAIL
Kmart falls 13% on downgrade
Prudential Securities cut the ailing discount retailer to sell from hold. It cut Q4 '02 and fiscal '03 profit views. The broker said the firm may file for Chapter 11 if "trends do not improve." Kmart said it has sufficient funds and credit to avoid bankruptcy. It recently said Dec. same-store sales will be at the low end of its 0%-2% growth target. Its shares fell 0.72 to 4.74, a long-time low.
AEROSPACE/DEFENSE
Raytheon wins large military deal
The potential $1.22 bil pact will solidify the defense firm's staff, but won't add jobs. The one-year deal with four one-year options calls for the production of 234 T-6A Texan II aircraft, plus related ground-based gear and tech support.
Airbus denies N.Y. jet damage
- RESIDENCE INN BY MARRIOTT CITES CONVERSION SUCCESS
- Press release article from: PR Newswire April 15, 1992 700+ words
RESIDENCE INN BY MARRIOTT CITES CONVERSION SUCCESS WASHINGTON, April 15 /PRNewswire/ -- Residence Inn, Marriott Corporation's 177-property...which vary by type of conversion -- Residence Inn has been able to increase house profit...
- RESIDENCE INN BY MARRIOTT PRODUCES FIRST CHAIN-WIDE COOKBOOK BY GUESTS, FOR...
- Press release article from: PR Newswire April 10, 1992 700+ words
RESIDENCE INN BY MARRIOTT PRODUCES FIRST CHAIN...pronounced on extended business trips, Residence Inn by Marriott, the nation's largest...be prepared in the kitchens in each Residence Inn hotel room. "Cooking Inn," produced...
- Residence Inn By Marriott Gets Cooking With Celebrity Chef.
- Press release article from: PR Newswire July 23, 2009 700+ words
...Md., July 23 /PRNewswire/ -- Residence Inn by Marriott has teamed up with celebrity...designed to be prepared easily in a Residence Inn guest suite kitchen -- along with...videos were all shot on location in a Residence Inn guest suite kitchen using the quality...
- Innkeepers USA Trust Announces P1ans To Acquire Nine Residence Inn Hotels To Be...
- Press release article from: PR Newswire September 27, 1996 700+ words
...management agreements to manage nine Residence Inn hotels with 1,251 rooms proposed...acquisition by Innkeepers. One of the nine Residence Inn Hotels, a newly developed hotel in...with Innkeepers for the sale of other Residence Inn hotels to Innkeepers and the management...
- Marriott officially welcomes Residence Inn into lodging family. (Residence Inn...
- Press release article from: PR Newswire June 7, 1988 700+ words
MARRIOTT OFFICIALLY WELCOMES RESIDENCE INN INTO LODGING FAMILY WASHINGTON...N.C., to unveil the first "Residence Inn by Marriott" sign in the country, located at the newly opened Residence Inn by Marriott Charlotte-North...
- Residence Inn Airport South Becomes Newest Miami Marriott Property.
- News wire article from: PRWeb July 15, 2009 700+ words
...marriott.com]) opened the 163-suite Residence Inn by Marriott in Miami, FloridaAirport...marriott.com/hotels/travel/miaas-residence-inn-miami-airport-south/) on Friday...Located at 1201 NW LeJeune Road, the Residence Inn Miami Airport Southlatest addition...
- RESIDENCE INN BY MARRIOTT, NATIONAL FISH AND WILDLIFE FOUNDATION GET...
- Press release article from: PR Newswire May 1, 1992 700+ words
RESIDENCE INN BY MARRIOTT, NATIONAL FISH AND WILDLIFE...WASHINGTON, May 1 /PRNewswire/ -- Residence Inn, Marriott's 177-property extended...staying for five or more nights at Residence Inn hotels between May 3 and July 31...
- RESIDENCE INN BY MARRIOTT, 800-FLOWERS AND HERTZ OFFER TRAVELERS A WAY TO...
- Press release article from: PR Newswire October 12, 1992 700+ words
RESIDENCE INN BY MARRIOTT, 800-FLOWERS AND HERTZ...PRNewswire/ -- In July of this year, Residence Inn by Marriott presented research pointing...Taking cues from this research, Residence Inn by Marriott has teamed with the Hertz...