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Marriott (MAR) CEO Sorenson Hints at More Deals

Marriott Int'l (MAR) is projecting "messy" upcoming financial quarters but expects its recent $13 billion purchase of Starwood Hotels & Resorts Worldwide to drive higher revenues, CEO Arne Sorenson said this morning during the hotel company's third quarter earnings call.

After yesterday's market close, the Maryland-based company reported 2016 third quarter adjusted earnings of 91 cents per diluted share on revenue of $3.77 billion, compared year-over-year to earnings of 78 cents per diluted share on $3.58...


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