QUOTE AND NEWS
Business Wire  Nov 2  Comment 
Morgans Hotel Group Co. (NASDAQ: MHGC) (“MHG”) today announced it has successfully secured an amendment to the indenture related to its trust preferred securities to permanently eliminate the sole financial covenant. In exchange for the permanent
StreetInsider.com  Oct 26  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Morgans+Hotel+%28MHGC%29+Reports+Q3+Loss+of+%240.94/5044995.html for the full story.
Business Wire  Oct 26  Comment 
Morgans Hotel Group Co. (NASDAQ: MHGC) (“MHG” or the “Company”) today reported financial results for the third quarter ended September 30, 2009. On October 15, 2009, MHG announced that an affiliate of The Yucaipa Companies, LLC
Business Wire  Oct 20  Comment 
Morgans Hotel Group Co. (NASDAQ: MHGC) (“MHG”) today named Brian Jones Senior Vice President of Sales, effective immediately. Jones will oversee Morgans’ sales initiatives and strategy for Morgans Hotel Group. Jones joins Morgans from Zina
Business Wire  Oct 19  Comment 
Morgans Hotel Group Co. (NASDAQ:MHGC) today announced that it will release its third quarter 2009 results after the market closes on Monday, October 26, 2009. In conjunction with the release, the Company will host a conference call to review the
StreetInsider.com  Oct 15  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Morgans+Hotel+%28MHGC%29+Mezzanine+Loan+Decreased+to+%2426.5M%2C+Forbearance+Through+2013/5019749.html for the full story.
Business Wire  Oct 15  Comment 
Morgans Hotel Group Co. (NASDAQ: MHGC) (“MHG”) today announced that it has entered into an agreement with one of its lenders which holds, among other loans, the mezzanine loan on the Company’s Hudson Hotel property in New York City. The Hudson
Business Wire  Oct 15  Comment 
Morgans Hotel Group Co. (Nasdaq: MHGC) (“MHG”) today announced that an affiliate of The Yucaipa Companies, LLC (“Yucaipa”) has invested $75 million in MHG. The capital infusion will significantly strengthen the company’s balance sheet and
Business Wire  Oct 2  Comment 
Morgans Hotel Group Co. (NASDAQ: MHGC) (“MHG”) announced today that it has extended until October 9, 2012 the term of its Stockholder Protection Rights Agreement (the “Rights Agreement”), which was scheduled to expire on October 9, 2009. In
TheStreet.com  Sep 15  Comment 
This four-day roadtrip from San Francisco to Santa Barbara features fine restaurants and breathtaking views.
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MHGC AT A GLANCE
P/E -1.96 
EV/EBITDA -29.0 
ROA -2.4%AVG
ROE -95.5%LOW
Debt to Equity 31.0VERY HIGH
Current Ratio 4.13VERY HIGH
Interest Coverage Ratio -1.46LOW
 
 
 
 
 
 
 
 



References

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