Marriott's (MAR) emphasis on new development and multiunit conversion opportunities bodes well. However, constrained RevPAR in Greater China and Asia Pacific is a concern.
Goldman Sachs MLP & Energy (NYSE:GER) authorized a $10 million share-repurchase program. Shares were off 0.4% for the week.
Automatic Data Processing Inc (NASDAQ:ADP) hiked dramatically as well - by 20.2% to $1.25 per share, or $5 annualized, as predicted by StreetInsider data. The dividend will be payable on January 1, 2023, to stockholders of record on December 9, 2022, with an ex-dividend date of December 8, 2022.