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  • Ireland's new hotel king: Billionaire John Malone Thursday, 20 Nov 2014 | 12:17 PM ET
    The Limerick Strand Hotel is shown near the banks of the River Shannon in Limerick, Ireland.

    Cable billionaire John Malone is the largest landowner in the U.S. Now, he's becoming one of the biggest real-estate holders in Ireland.

  • Nov 20- Shares of Habit Restaurants Inc, known for its charburgers, doubled in their first day of trading, making it the most successful debut by a fast casual restaurant chain in the United States this year. The stock opened at $30 and shot up to $36, double its IPO price of $18, within five minutes of trading on the Nasdaq. Habit Restaurants' revenue rose 43 percent to...

  • FACTBOX-U.S. restaurants' IPO proceeds double in 2014 Thursday, 20 Nov 2014 | 10:43 AM ET

    Nov 20- Habit Restaurants Inc's initial public offering on Wednesday raised $90 million, making it the fifth restaurant chain to list on U.S. stock exchanges so far this year. Restaurant IPOs have raised about $486 million this year, more than double the amount raised in the same period last year. Month/Year Company IPO Price Proceeds.

  • Burger chain Habit Restaurants' shares double in debut Thursday, 20 Nov 2014 | 10:39 AM ET

    Nov 20- Shares of Habit Restaurants Inc, a fast food restaurant chain known for its charburgers, doubled in their market debut, valuing the company at about $909.1 million. The initial public offering of 5 million Class A shares raised $90 million after being priced at $18 per share, well above the expected range of $14- $16. Piper Jaffray, Baird and Wells Fargo were...

  • Habit Restaurants prices IPO at $18 a share Thursday, 20 Nov 2014 | 10:34 AM ET

    Habit Restaurants, a fast-food restaurant chain known for its burgers, said its IPO was priced at $18 per share, valuing it at about $454.5 million.

  • Nov 19- Habit Restaurants Inc, a fast-food restaurant chain known for its burgers, said its initial public offering was priced at $18 per share, valuing the company at about $454.5 million. The offering was priced above the expected price range of $14 to $16. The company, which operates the fast casual Habit Burger Grill chain of restaurants, offers charburgers,...

  • Burger chain Habit Restaurants prices IPO at $18/shr Wednesday, 19 Nov 2014 | 7:14 PM ET

    Nov 19- Habit Restaurants Inc, a fast-food restaurant chain known for its burgers, said its initial public offering was priced at $18 per share, valuing the company at about $454.5 million. The company raised about $90 million from the IPO of 5 million shares. The offering was priced above the expected price range of $14- $16.

  • Brookfield halts plan to buy Atlantic City's Revel Wednesday, 19 Nov 2014 | 6:09 PM ET
    The Revel Casino in Atlantic City on July 30, 2014.

    Brookfield is abandoning its plan to buy the former Revel Casino Hotel in Atlantic City.

  • Nov 19- Canadian grocer Metro Inc reported a higher-than-expected quarterly profit, helped by the reorganization of its Ontario store network and the acquisition of a majority stake in bakery chain Premiere Moisson. The company, which is facing intense competition from U.S. retailers such as Wal-Mart Stores Inc and Target Corp, also said in June it would buy a...

  • Judge: New Jersey can take piano tuner's home Monday, 17 Nov 2014 | 6:13 PM ET

    Superior Court Judge Julio Mendez, who heard final arguments in an Atlantic City courtroom last month, ruled that the state agency can use eminent domain to seize the house in the shadow of the closed Revel Casino Hotel, citing an "appropriate public purpose" for the property. Robert McNamara, an attorney representing Birnbaum from the Virginia- based Institute...

  • Activist investor takes stake in McDonald's Friday, 14 Nov 2014 | 4:47 PM ET

    Activist investor firm Jana Partners has bought a small stake in McDonald's Corp., stirring speculation that it may shake up the fast-food chain. The Oak Brook, Illinois- based company's overall revenue and profit dropped in the third quarter as traffic dropped. Jana Partners disclosed in a regulatory filing Friday that it holds about 840,000 shares and...

  • NEW YORK, Nov 14- An improving U.S. economy has failed to galvanize the consumer discretionary sector so far this year, but a recent rally in restaurant stocks as the holidays approach could herald happier days ahead for other retailers. Shares of Buffalo Wild Wings Inc, Domino's Pizza Inc, Darden Restaurants Inc and Cracker Barrel Old Country Store Inc have all...

  • Ultimate Gaming closes Nevada online poker site Friday, 14 Nov 2014 | 1:54 PM ET

    After shutting down its operations in New Jersey, the company announced Friday that it had closed its Ultimate Poker online business in Nevada, too, citing trouble making a profit as long as online gambling is limited to a pool of players in single states, so far just three nationwide. The company, owned by Las Vegas- based neighborhood casino-hotel company...

  • Airplane for rent: Sorry flying is not allowed! Thursday, 13 Nov 2014 | 4:49 PM ET

    KLM is partnering with Airbnb for a contest to win the chance to spend a night in an "aircraft loft" in Amsterdam.

  • Starboard-controlled Darden board scraps poison pill Thursday, 13 Nov 2014 | 11:39 AM ET

    Nov 13- Darden Restaurants Inc said it would revise management pay, ditch its poison pill and make it easier for shareholders to call special meetings as activist investor Starboard Value LP puts its stamp on the owner of the Olive Garden restaurant chain. The latest changes were what Starboard had campaigned for in its months-long battle with the...

  • Darden board looks to make more changes Thursday, 13 Nov 2014 | 10:07 AM ET

    ORLANDO, Fla.— Now that an activist investor has unseated Darden's board, more changes appear to be on the horizon for the operator of the Olive Garden restaurant chain. Starboard Value's nominees were elected to fill all 12 of Darden's board seats last month. In May it sold the Red Lobster chain to Golden Gate Capital for $2.1 billion in cash.

  • Mexico: Violent protests hit Acapulco's tourism Thursday, 13 Nov 2014 | 12:41 AM ET

    MEXICO CITY— Mexico's president has tried to keep the issue of violence issue separate from his focus on the economy, but the two are converging as violent protests over 43 disappeared students squelch tourism in Acapulco just before a major holiday weekend. Acapulco hotel occupancy rates are currently at 20 percent, well short of the 85 percent expected for...

  • Mexico: Violent protests hit Acapulco's tourism Wednesday, 12 Nov 2014 | 2:10 PM ET

    MEXICO CITY— Mexico's president has tried to keep the issue of violence issue separate from his focus on the economy, but the two are converging as violent protests over 43 disappeared students squelch tourism in Acapulco just before a major holiday weekend. Acapulco hotel occupancy rates are currently at 20 percent, well short of the 85 percent expected for...

  • Where G-20 leaders are staying Wednesday, 12 Nov 2014 | 7:10 AM ET
    Asia Pacific Economic Cooperation (APEC) leaders pose for a family photo at the International Convention Center at Yanqi Lake in Beijing, November 11, 2014. (Front row L-R) U.S. President Barack Obama, China's President Xi Jinping and Russia's President Vladimir Putin. (Back row L-R) Japan's Prime Minister Shinzo Abe, Australia's Prime Minister Tony Abbott, Malaysia's Prime Minister Najib Razak, New Zealand's Prime Minister John Key.

    President Obama gets a $2,173/night hotel suite for the G-20 meeting, while host Tony Abbott slums it with a $270/night room.

  • Activist hedge fund calls for IHG merger Tuesday, 11 Nov 2014 | 10:25 AM ET
    An employee passes a logo in the reception area of InterContinental Hotels Group's headquarters in Denham, U.K.

    Marcato Capital Management has released a letter and presentation urging Intercontinental Hotels to merge with a competitor.