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Saturday 10 October 2015
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News Analysis on: Public Service Enterprise Group (NYSE:PEG), Starwood Hotels & Resorts Worldwide (NYSE:HOT), Infinera (NASDAQ:INFN), Medical Properties Trust, (NYSE:MPW)

On Wednesday, Public Service Enterprise Group Inc. (NYSE:PEG)’s shares declined -1.18% to $38.64.

PSEG Long Island declared the launch of a mobile-enabled “My Account” for online transactions, making it easier for customers to do business with the company from nearly anywhere. The enhancements, part of a larger redesign of the PSEG Long Island mobile website, allow customers to log in, make payments, view bill history and set account preferences on their smartphone.

With the new, mobile My Account, customers can fully manage their account at any time. Anything a customer needs to do within My Account, they can do on the go.

Creating a mobile-friendly My Account is just one aspect of PSEG Long Island’s improved mobile experience. The new mobile site also enables customers to report an outage and check the status of a current outage from their smart devices. PSEG Long Island customers can still report their outages by calling 800-490-0075 at any time.

Public Service Enterprise Group Incorporated, through its auxiliaries, operates as an energy company primarily in the northeastern and Mid Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of about 13,146 megawatts. It sells electricity, natural gas, emissions credits, and a series of energy-related products that are used to optimize the operation of the energy grid.

Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT)’s shares gained 0.22% to $72.11.

Sheraton Hotels & Resorts recently launched a $100 million multi-channel marketing campaign, which comprises its first comprehensive advertising effort since 2011 and marks the brand’s return to TV for the first time in nearly a decade. Titled “Where Actions Speak Louder,” the new campaign, which is slated to run through 2017, is designed to boldly communicate ongoing enhancements to the Sheraton guest experience, counting new products and partnerships, a renewed focus on service, and an elevated look, feel and design for the flagship brand of Starwood Hotels & Resorts Worldwide, Inc. (HOT).

According to Adam Aron, Chief Executive Officer of Starwood Hotels & Resorts on an interim basis, “Where Actions Speak Louder” is part of Sheraton 2020SM, a comprehensive plan to solidify Sheraton as a leading global hotel brand of choice, everywhere. As Starwood’s largest, most global and fastest growing high-end brand, Sheraton is a key precedingity for the company.

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. It also develops, owns, and operates vacation ownership resorts; and markets and sells vacation ownership interests in the resorts, in addition to provides financing to customers who purchase such interests. In addition, the company develops, markets, and sells residential units at mixed use hotel projects. As of June 30, 2015, it operated about 1,200 properties in 100 countries.

At the end of Wednesday’s trade, Infinera Corp. (NASDAQ:INFN)‘s shares surged 1.36% to $20.85.

Infinera, provider of Intelligent Transport Netoperates, declared Nick Walden as senior vice president of sales, EMEA with responsibility for leading Infinera’s sales activities in the Europe, Middle East, and Africa (EMEA) markets.

Mr. Walden comes with 20 years of industry insight and experience gained through a range of leadership positions. Regarded as a highly practiced and collaborative sales and business leader, Mr. Walden has achieved transformational business outcomes with customers across the EMEA telecommunications sector.

Mr. Walden formerly served as vice president and managing director for Ciena’s regional carrier business in EMEA. Proceeding to that, Mr. Walden served in numerous capacities at Ciena for 14 years counting his role as the regional managing director leading the Northern Europe business across service provider, partner and enterprise markets. Mr. Walden holds qualifications in mechanical engineering from College of Technology in Reading, Berkshire.

Infinera Corporation provides optical transport networking equipment, software, and services for telecommunications service providers, Internet content providers, cable operators, wholesale and enterprise carriers, research and education institutions, and government entities worldwide.

Medical Properties Trust, Inc. (NYSE:MPW), ended its Wednesday’s trading session with -1.17% loss, and closed at $10.95.

Medical Properties Trust, Inc. (MPW) declared that the formerly revealed acquisition of Capella Holdings, Inc. (“Capella”) has been accomplished. Capella Health Holdings LLC, an associate of MPT jointly owned with current Capella administration, closed the acquisition and began operating the Capella facilities on Monday, August 31.

Medical Properties Trust, Inc. operates as a real estate investment trust (REIT) in the United States. It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers. The company also provides mortgage loans to healthcare operators, in addition to working capital and other term loans to its tenants/borrowers.

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