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Monday 12 October 2015
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Trader’s Buzzers: Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT), Cardinal Health Inc (NYSE:CAH), Northern Trust Corporation (NASDAQ:NTRS), Turquoise Hill Resources Ltd (NYSE:TRQ)

On Monday, in the course of current trade, Shares of Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT), dropped -0.34%, and is now trading at $71.10.

Starwood Hotels & Resorts Worldwide, declared it will introduce its rapidly expanding Aloft Hotels brand to South Bend, Indiana, following a planned conversion that will assist accelerate the city’s downtown revitalization. Slated to open in January 2017, Aloft South Bend will mark Starwood’s first hotel in the market. The hotel will feature 183 spacious loft-style rooms, 3,750 square feet of flexible meeting space and live music performances by some of the hottest emerging artists with Live at Aloft Hotels programming at the W XYZ bar.

Aloft South Bend will occupy the former Magnuson Grand Hotel located at 213 Washington Street, walking distance from numerous restaurants, bars and clubs, and within close proximity of University of Notre Dame, Century Center, Morris Performing Arts Center, Studebaker National Museum, leading hospitals and AM General.

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.

During an Afternoon trade, Shares of Cardinal Health Inc (NYSE:CAH), dipped -0.25%, and is now trading at $83.42.

In preparation for the open enrollment period, which starts in mid-October and runs through Dec. 7, Cardinal Health is offering its retail pharmacy customers eHealth’s Medicare plan comparison tool, in addition to the iMedicare platform to assist their patients more easily compare Medicare Part D prescription drug plans.

The iMedicare platform integrates with every pharmacy system, so pharmacies can identify patients eligible to choose a Medicare plan and generate a customized report within seconds. iMedicare comprises medications a patient may fill at another pharmacy, too. The iMedicare platform is offered at a discounted price for Cardinal Health Pharmacy Services Administrative Organization (PSAO) members.

Cardinal Health, Inc. operates as a healthcare services and products company worldwide. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare, specialty pharmaceutical, and consumer products to retailers, counting chain and independent drug stores and pharmacy departments of supermarkets and mass merchandisers; hospitals; and other healthcare providers.

Shares of Northern Trust Corporation (NASDAQ:NTRS), climbed 1.52%, and is now trading at $68.16.

Northern Trust Corporation, declared that Chairman and Chief Executive Officer Frederick H. Waddell spoke at the Barclays Global Financial Services Conference on Wednesday, September 16, 2015 at 9:45 a.m. (ET) at the New York Hilton Midtown.

Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset administration, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Administration.

Finally, Turquoise Hill Resources Ltd (NYSE:TRQ), lost -4.35% Monday.

Turquoise Hill Resources, declared the resignation of Stewart Beckman, Senior Vice President, Operations and Technical Development, effective October 1, 2015. Mr. Beckman has accepted a new position within Rio Tinto.

The Company is presently conducting a search for Mr. Beckman’s replacement, which will be declared in due course. Mr. Beckman will provide support in the interim to ensure a smooth transition.

Turquoise Hill Resources Ltd., together with its auxiliaries, operates as a mining company. Its principal material mineral resource property is the Oyu Tolgoi copper-gold mine located in the southern Mongolia.

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