BEFORE THE BELL-Starwood shares fall after downgrade

Wed Jul 8, 2009 8:15am EDT
 
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NEW YORK, July 8 (Reuters) - Shares of Starwood Hotels & Resorts (HOT.N) fell 2.1 percent to $19.55 in premarket trading on Wednesday, after Robert W. Baird downgraded the company to underperform, citing the hotel chain operator's exposure to the weakest customer segments and a delayed recovery in the sector. (Reporting by Ryan Vlastelica; Editing by Theodore d'Afflisio)

 

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