Starwood Hotels and Resorts Worldwide ( HOT) is trending as the hotel franchise posted a better-than-expected quarterly profit, but net income fell from a year earlier. Starwood's said quarterly profit was helped by an increase in room rates. The company said revenue per available room rose 6.9% in the quarter. Net income fell to $122 million, or 62 cents a share, down from $131 million, or 68 cents, a year earlier. The company said it expects positive trends to continue through the rest of the year. Starwood franchises hotel brands including W, Westin and Sheraton.
Nomura Holdings ( NMR) is another popular search. The company's CEO Kenichi Watanabe has quit the investment bank, and Nomura has named Koji Nagai as his replacement.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.