On Tuesday, Shares of Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT), gained 4.81% to $69.32.
Starwood Hotels & Resorts Worldwide, declared the signing of a contract with Grand Bay Hotel Co., Ltd., wholly owned by Apex Development Public Co., Ltd, to unveil the Sheraton Phuket Grand Bay Resort. Slated to open in January 2019 on Thailand’s largest island, the hotel will support the brand’s Sheraton 2020 aim of adding 150 hotels in the next five years.
“We look forward to partnering with Grand Bay Hotel Co., Ltd. to expand Starwood’s robust footprint in Thailand,” said Rajit Sukumaran, Senior Vice President for Acquisitions and Development, Starwood Hotels & Resorts. “With its idyllic beaches and lush rainforests, Phuket draws an unwavering number of inbound and domestic travelers, making it a planned market for Sheraton and further driving formidable growth for Starwood in Asia Pacific.”
Boasting a private beachfront and hillside location with unobstructed views of the sparkling Andaman Sea, the 200-room resort will feature all of the Sheraton brand’s signature offerings, ranging from a premium sleep experience and rejuvenating bath amenities to a grandiose lobby area and bar serving the brand’s new bar menu PairedSM, comprised of small plates served alongside local craft beer and premium wine. On-site facilities will comprise three distinctive dining venues, 1,326 square meters of meeting and event space, a luxurious spa, fully-equipped fitness center and picturesque outdoor swimming pool.
Starwood Hotels & Resorts Worldwide, Inc., together with its auxiliaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element brand names.
Shares of American Capital Agency Corp. (NASDAQ:AGNC), inclined 1.13% to $17.88, during its last trading session.
American Capital Agency Corp., declared that its Board of Directors has declared cash dividends for the fourth quarter 2015 on its 8.000% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) (AGNCP) and its 7.750% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) underlying its outstanding depositary shares (AGNCB).
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by government-sponsored enterprise or by the United States government agency.
Finally, Relypsa Inc (NASDAQ:RLYP), ended its last trade with -1.40% loss, and closed at $26.72.
Relypsa, declared that VeltassaTM (patiromer) for oral suspension is now available for prescription to patients with hyperkalemia in the United States. Veltassa was approved by the U.S. Food and Drug Administration (FDA) on October 21, 2015. It is the first new medicine for the treatment of hyperkalemia, or elevated blood potassium levels, in more than 50 years.
“We are very happy to declare that Veltassa is now available for the millions of Americans who have hyperkalemia,” said John A. Orwin, president and chief executive officer of Relypsa. “We are committed to ensuring people living with the burden of hyperkalemia have access to this important new medicine and the team at our patient support center, Veltassa Konnect, is ready to support patients who have been prescribed Veltassa.”
Relypsa, Inc., a biopharmaceutical company, focuses on the development and commercialization of non-absorbed polymeric drugs to treat disorders in the areas of renal, cardiovascular, and metabolic diseases in the United States.
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