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Archive for October, 2015

DineEquity, Inc. Reports Strong Results for the Third Quarter 2015, returned $32 million to shareholders, in share buybacks & dividends

DineEquity, Inc. (NYSE: DIN), the parent company of Applebee’s Neighborhood Grill & Bar® and IHOP® restaurants, today announced financial results for the third quarter of fiscal 2015. “We ended the quarter with several notable achievements, highlighted by continued solid growth in adjusted earnings per diluted share and significant free cash flow generation,” said Julia A. [...]

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WSJ – Hyatt in Discussions to Buy Starwood

Starwood is in merger discussions with Hyatt Hotels Corp. according to people familiar with the matter. Hyatt’s recent conversations with Starwood involve the smaller Hyatt bidding for Starwood, these people said. The Wall Street Journal on Tuesday reported that at least three Chinese companies, including lodging giant Shanghai Jin Jiang International Hotels 2006 7.39 % [...]

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Bisquick Unveils Sprawling State-Of-The-Art Silicon Valley Campus

From The Onion October 23, 2015 SUNNYVALE, CA—Explaining how every feature of the sleek, modern work environment was expressly constructed to foster creativity and innovation, executives from Bisquick unveiled the company’s immense new Silicon Valley campus Friday. The 650,000-square-foot Gehry Partners–designed complex, built to accommodate the baking-mix maker’s growing staff and expansive research division, reportedly [...]

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Darden BoD Approves Four Corners Property Trust Spinoff

Darden Restaurants Inc.’s board has approved a planned spinoff of some of its real estate, clearing the way for the new company’s shares to be distributed Nov. 9. The owner of the Olive Garden and LongHorn Steakhouse restaurants, which had been under pressure by activist investor Starboard Value LP, is still awaiting a ruling from [...]

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Never-Before-Heard Buzzword Flying Around Office Can’t Be Good

From The Onion BROOKLYN, NY—Speculating that it could refer to some aspect of their website or possibly the sales or advertising department, employees at Convergence Media said Thursday that the word “platforming,” which executives have reportedly used numerous times over the past few weeks, can’t be good. “They sent out this company-wide email that said [...]

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“I highly recommend Larry Mendez and Bannerot Partners. In the search work that Larry did for us, he was able to identify high caliber candidates in a relatively short time span. We were pleased with the professionalism of the process and the final outcome. “
Bob Joyce, EVP Human Resources, Extended Stay America
In early 2013, we engaged Larry Mendez at Bannerot Partners to conduct a search for a chief operating officer for our company, Supertel Hospitality – a publicly traded REIT located in Omaha, Nebraska. I was familiar with Larry through his work in the hotel industry, and our Board of Directors endorsed the assignment. Larry was incredibly thorough, communicative, and effective throughout the process. In the end, we hired a very qualified candidate that fit our culture perfectly.
Mr. Kelly Walters, CEOSupertel Hospitality
I’ve always found him to be the consummate professional. He works very hard to understand the client’s need and has an expansive network which allows him to execute against the strategy.  Larry is ethical beyond reproach and understands how to gently nudge the process forward and across the finish line.
Bill Upshaw, President Lodging and Residential, TPI Hospitality