The refranchising of 177 partner drive-ins during thequarter boosted revenue by $10.8 million. These transactions increased the mix of franchiseddrive-ins to about 86 percent of the chain versus 80 percent atthe beginning of the fiscal year, the company said Franchise royalties rose about 3 percent to $33.4 million. The restaurant chain said same store sales fell 5.4 percentand same store sales of partner drive-ins, in which the companyowns a majority interest, fell 7.7 percent in the quarter. Shares of the company rose about 5 percent to $9.20 intrading after the bell They closed at $8.80 Tuesday onNasdaq. (Reporting by Vidya Lakshmi in Bangalore; Editing by Ratul RayChaudhuri) Stocks France. (Adds Deloitte, Venable, MetLife, AIG) Stocks | Funds News | ETFs News | China June 23 (Reuters) – The following financial servicesindustry appointments were announced on Tuesday. To inform usof other job changes, e-mail DELOITTE & TOUCHE LLP Deloitte said Deborah Bailey, a senior regulator who wasinstrumental in guiding the Federal Reserve’s response to thefinancial crisis, has joined its banking and securities team.
VENABLE LLP Venable said bankruptcy and restructuring attorney JorianRose has joined the law firm’s New York office as a partner.Rose was most recently a managing director at Macquarie Capital(USA), Inc. METLIFE INC (MET.N) MetLife named Alfred Kelly, president of American ExpressCo, to its board of directors, effective on Tuesday. AMERICAN INTERNATIONAL GROUP (AIG.N) AIG named Alain Karaoglan senior vicepresident-divestiture. Karaoglan will report to AIG ChiefRestructuring Officer Paula Reynolds and assume his new dutieson June 29.
STORMHARBOUR PARTNERS LP Former Citigroup (C.N) executives Antonio Cacorino andFredrick Chapey formed StormHarbour, which will focus oncapital markets and fixed income activities. JONES DAY Jones Day said David Wales, formerly in charge of theFederal Trade Commission’s Bureau of Competition, will join theWashington office of the law firm as a partner on July 27. DRUM CAPITAL MANAGEMENT LLC Drum Capital, which focuses on distressed and turnaroundinvestments, appointed Duran Curis as managing director Curis,36, previously was a managing director at HRJ Capital. MERRIMAN CURHAN FORD GROUP INC (MERR.O) The financial services firm appointed Phylis Esposito toits new independent advisory board. Esposito is the formerchief strategy officer of TD Ameritrade Holding Corp (AMTD.O)and senior partner of the international finance consultingfirm, Mathias & Co. FIRST REPUBLIC BANK The provider of private banking and wealth managementservices said it appointed John Riley managing director offoreign exchange.
Riley will be based at the bank’s office at160 Federal Street in Boston. STANDISH MANAGEMENT LLC The provider of outsourced accounting infrastructureservices said it appointed Judy Tyler to lead its new SouthernCalifornia office, based in Los Angeles. Tyler was mostrecently chief financial officer of Steamboat Ventures, theventure arm of The Walt Disney Co. (DIS.N) KNIGHT CAPITAL GROUP INC (NITE.O) The company said it hired a team led by Managing DirectorsReginald Browne, Eric Lichtenstein and Darren Taube to itsexchange-traded fund (ETF) capability. The team is comprised of13 sales and trading staff in Jersey City and two in London GRANT THORNTON LLP The U.S. accounting firm said Stephen Chipman will becomechief executive in January.