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06-Oct-2008

 

Wyndham shares plunge after charges announced (AP via Yahoo! Finance)
Shares of Wyndham Worldwide Corp. plunged with the broader market on Monday after the hotel company announced changes to its Timeshare business and restructuring charges.

Less is more with island tourism plan (The Florida Times-Union)
JEKYLL ISLAND - The developer that a year ago proposed a $352 million beachside complex to bring visitors back to Jekyll Island shrunk that plan to a third of its original size in an updated proposal.

Wyndham affirms 3Q profit outlook, to post charges (AP via Yahoo! Finance)
Wyndham Worldwide Corp. on Monday reaffirmed third-quarter earnings expectations amid restructuring charges as the company focuses on cash flow instead of sales growth in a tightening credit environment.

Wyndham cuts back to weather storm (Financial Times)
Wyndham Worldwide , the world?s second biggest hotel group by rooms, sought to reassure investors that it could weather the storm buffeting the lodging industry, announcing job cuts and a series of charges.

New Jersey man flying high (New Jersey Herald)
NEWARK (AP) -- Clark native Tim Lichardus hasn't had a place to call home for the last 12 years -- no apartment, no house, no Timeshare. His job as a blimp crewman requires him to live out of a suitcase 11 months of the year.

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