On Friday, Shares of La Quinta Holdings Inc (NYSE:LQ), gained 0.17% to $23.99.
La Quinta Holdings Inc, declared the appointment of Scott Bergren, former Chief Executive Officer of Pizza Hut and Yum Innovation, effective June 9, 2015, to its Board of Directors. Mr. Bergren is assuming the board seat of Michael B. Nash, initially selected by associates of The Blackstone Group L.P., who has resigned.
“We are delighted to welcome Scott to the Board of Directors,” said Wayne B. Goldberg, President & Chief Executive Officer of La Quinta. “Scott is a highly qualified and practiced individual who brings to La Quinta deep franchising and marketing knowledge and extensive experience in Mexico and Central America. We look forward to benefiting from his perspectives and valuable insights as we continue to execute on our planned plans.”
La Quinta Holdings Inc. owns, operates, and franchises select-service hotels under the La Quinta brand. It serves the upper-midscale and midscale segments. As of May 7, 2015, the company had about 870 hotels with about 86,000 rooms under the La Quinta Inn & Suites, La Quinta Inn, and LQ Hotel brands in 47 states of the United States, in addition to in Canada, Mexico, and Honduras.
Shares of RR Donnelley & Sons Co (NASDAQ:RRD), inclined 1.09% to $18.57, during its last trading session.
RR Donnelley & Sons Co, declared that it has accomplished its formerly declared acquisition of Courier Corporation, one of America’s major book manufacturers in addition to a leader in content administration and customization in new and traditional media.
R.R. Donnelley & Sons Company provides integrated communications solutions to private and public sector clients in the United States and internationally. The company operates through Publishing and Retail Services, Variable Print, Planned Services, and International segments.
At the end of Friday’s trade, Shares of Castlight Health Inc (NYSE:CSLT), lost -2.95% to $8.55.
Castlight Health, declared the release of a new study designed to illustrate the relative affordability of U.S. regions for employers and their employees. The U.S. Healthcare Affordability Index examines the correlations between annual wage and healthcare cost changes year-over-year from 2013 to 2014 in 35 U.S. cities and metro regions. This year’s Index shows an alarming trend of rising healthcare costs across the country.
“The U.S. Healthcare Affordability Index indicates that the national outlook for healthcare affordability is poor in the majority of major cities and surrounding metro areas, and is proof that the status quo is simply not sustainable,” said Jennifer Schneider, MD, chief medical officer at Castlight Health. “The affordability of healthcare is not a regional, isolated, or rural vs. urban issue, it’s a national crisis, and this Index is a unique way of looking at the growing problem for individuals and employers alike.”
Castlight Health, Inc. provides cloud-based software in the United States. Its software enables enterprises to understand and manage health care spending. It offers Enterprise Healthcare Cloud that transforms external and internal complex data into transparent and useful information.
Finally, Kellogg Company (NYSE:K), ended its last trade with 0.38% gain, and close at $63.34.
In a settlement agreement with the Executive Director of the British Columbia Securities Commission (BCSC), Peter R. Kellogg and IAT Reinsurance Company Ltd. (IAT) admitted that they failed to file required insider reports with the BCSC disclosing their beneficial ownership or control of, and transactions in, the shares of MFC Industrial Ltd. (MFC). MFC is a reporting issuer in B.C. under the Securities Act that trades on the New York Stock Exchange (NYSE).
Kellogg and IAT became reporting insiders of MFC in 1999 by acquiring beneficial ownership or control over more than 10% of MFC’s issued and outstanding common shares. Kellogg, a United States resident, is the controlling shareholder of IAT, a corporation under the laws of Bermuda with operations in the U.S.
Kellogg Company, together with its auxiliaries, manufactures and markets ready-to-eat cereal and convenience foods. The company operates through U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, and Asia Pacific segments.
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