Industry News

Extended Stay America Inc and ESH Hospitality Inc stated on Friday that it priced the underwritten secondary offering of 13,000,000 paired shares, each share comprising of a share of Extended Stay America's common stock and a share of ESH's class B common stock, which are attached and trade together as paired shares. Also, certain selling stockholders affiliated with Centerbridge Partners LP, Paulson& Co Inc and The Blackstone Group LP were offered the paired shares and were..."/>
Extended Stay America prices secondary offering of 13m paired shares
Byggmax names Mattias Ankarberg as new CEO
Byggmax names Mattias Ankarberg as new CEO
Darden Restaurants Inc revealed on Thursday that its board of directors approved a regular common stock cash dividend of USD0.56 per share for the quarter on the company's outstanding stock. Shareholders of record at the close of business on 10 October 2016 will be paid on 1 November 2016.. An owner and operator of over 1,500 restaurants, Darden reports annual sales of USD6.9bn."/>
Darden Restaurants announces dividend of USD0.56 per share for quarter
MakeMyTrip has rolled out its third television campaign aimed at driving hotel bookings on its platform. Made by advertising agency Publicis Capital, the commercial features actors Alia Bhatt and Ranveer Singh who are seen promoting the new Pay at Checkout feature on hotel bookings. The spot opens at a wedding venue where a flower vendor is seen introducing himself to the sister of the bride as "Raj Dilwala"."/>
MakeMyTrip highlights Pay at Checkout feature in new campaign [Mint, New Delhi]
Local business briefs [Herald-Times, Bloomington, Ind.] company, today announced the availability of P2 instances, a new GPU instance type for Amazon Elastic Compute Cloud designed for..."/>
AWS Announces Availability of P2 Instances for Amazon EC2
Hofseth Biocare ASA: New Share Capital registered
Coca-Cola Co. will produce, distribute and sell the line of refrigerated Dunkin-branded beverages. Canton-based Dunkin' hopes to grab market share in the $2.3 billion ready-to-drink coffee category that has seen about 8 percent annual growth in the past five years."/>
Coca-Cola will bottle up Dunkin' iced-coffee drinks [Boston Herald]
Facebook, IBM, and Microsoft come together to create a non-profit organization that will work to advance public understanding of AI technologies and formulate best practices on the challenges and opportunities within AI. The organization is named Partnership on Artificial Intelligence to Benefit People and Society and academics, non-profits, and specialists in..."/>
Google, Facebook, Amazon, IBM and Microsoft partner on AI [Mint, New Delhi]
AutoNation IMAX 3 D Theater. Officials say dual 4 K laser projectors will provide brighter images and more intense colors."/>
New laser technology debuts Friday at IMAX theater in Fort Lauderdale [Sun Sentinel]

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