InterContinental Hotels Group PLC Tops Q4 EPS by 273c
InterContinental Hotels Group PLC (IHG) reported Q4 EPS of $2.82, $2.73 better than the analyst estimate of $0.09. Revenue for the quarter came in at $1.84 billion, versus $0 reported last...
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InterContinental ADR News & Analysis
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European stocks slip after disappointing Eurozone manufacturing PMI data
By Peter Nurse Investing.com - European stock markets drifted lower Tuesday as investors digested more corporate earnings following disappointing manufacturing activity from the Eurozone’s...
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IHG adds $750 million to buyback, raises dividend as travel rebounds in 2022
By Geoffrey Smith Investing.com -- InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel allowed it to post...
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Dow Jones Newswires: InterContinental Hotels to launch $750 million share buyback as earnings miss forecasts
The hotel chain said its performance improved in each quarter of the year, driven by strong leisure demand supported by improved corporate and group bookings in the second half.
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Holiday Inn-owner IHG profit jumps on holiday demand, higher room rates
(Reuters) -Holiday Inn-owner IHG Plc reported higher full-year profit on Tuesday, helped by strong occupancy demand during the holidays and higher room prices, and said it would buyback...
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Chips Act, Alibaba Heads to HK, Oil Spikes - What's Moving Markets
By Geoffrey Smith Investing.com -- Micron unveils a $40 billion plan to bring its chip manufacturing back to the U.S. as President Joe Biden prepares to sign the Chips and Science Act into...
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IHG Down as Rebound Falls Short of Expectations; Buyback, Payout Hike Overshadowed
By Geoffrey Smith Investing.com -- InterContinental Hotels Group (LON:IHG) stock fell in London on Tuesday after the owner of the Holiday Inn and Crowne Plaza brands failed to match the...
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European Stock Futures Edge Lower; Geopolitical Risks Rise
By Peter Nurse Investing.com - European stock markets are expected to open slightly lower Tuesday amid caution ahead of key U.S. inflation data as well as rising geopolitical tensions. At...
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Intercontinental Hotels Slips As It Drops Interim Dividend
By Dhirendra Tripathi Investing.com – ADRs of hotel owner InterContinental Hotels Group (NYSE:IHG) traded 0.7% lower Tuesday as the chain decided to drop the interim dividend for 2021 even...
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