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Millennium & Copthorne Hotels News

UPDATE 1-M&C has tough start to 2013 as annual profit slips

* RevPAR down 1.1 pct in first 6 weeks of 2013 vs 3.4 pct rise in 2012 * Headline FY pretax profit down 15.0 pct to 157.7 mln stg * FY RevPAR grew by ...

London pre-open: FTSE to regain some of yesterday's losses

City sources predict the FTSE 100 will open up 30 points from yesterday's close of 6,292, clawing back some of yesterday's heavy losses after hawkish ...

Friday broker round-up UPDATE

Antofagasta: RBC upgrades from underperform to outperform. Ashmore Group: Citigroup raises target price from 330p to 355p upgrading to neutral. JP Mo...

Millennium & Copthorne sees decline in revenue despite rise in RevPAR - UPDATE

Total full year revenue at Millennium & Copthorne Hotels declined by 6.4 per cent in 2012, despite an increase in revenue per available room (RevPAR)....

Millenium & Copthorne subsidiary to acquire land in Korea for 17m pounds

Millenium & Copthorne Hotels has today announced that its wholly-owned subsidiary, CDL Hotels (Korea), has entered into a conditional sale and purchas...

Thursday broker round-up UPDATE

Alternative Networks: Westhouse Securities downgrades from buy to add, target price of 280p kept. Babcock International: UBS downgrades from buy to n...

Broker tips: Weir, William Hill, Millennium & Copthorne

Investec has put upgraded its forecasts for engineering group Weir after the firm's well-received third-quarter update on Monday. Investec has raised...

Broker snap: Credit Suisse sees little upside at Millennium & Copthorne

Credit Suisse has downgraded hotel group Millennium & Copthorne (M&C) from 'outperform' to 'neutral' given only seven per cent upside to its 546p targ...