Darden, the nation's largest full-service restaurant company, also owns Olive Garden and LongHorn Steakhouse.» Read More
Oct 18- General Electric Co on Friday posted a record backlog of orders that the company said positioned it well for 2014, lifting shares and overshadowing a decline in quarterly profit and revenue. Orders grew 18 percent in the United States and 17 percent in Europe, helped by bookings for products such as wind turbines and oil pumps.
SAN FRANCISCO, Oct 18- Google Inc shares jumped past $1,000 on Friday as investors bet on the Internet company's continued dominance of the mobile and video advertising businesses despite aggressive competition from Facebook Inc and Yahoo Inc..
*World shares at 5- year high, Google hits $1,000 mark for first time. Better-than-expected results from Google Inc and Morgan Stanley also lifted stocks on Wall Street, with shares of the Internet search company rising 13 percent at one point to breach the $1,000 mark for the first time.
Oct 18- Safeway Inc said on Friday its board authorized an additional $2 billion in stock repurchases, adding to the roughly $800 million the grocery store operator had left under an existing authorization at the end of the third quarter. Shares of Safeway rose to $34.00 in premarket trading after closing at $33.38 on Thursday.
*Google shares jump in premarket, set to open at record high. *Morgan Stanley earnings, revenue beat expectations. NEW YORK, Oct 18- Wall Street was set for a higher open on Friday, helped by gains in big companies like Google Inc and Morgan Stanley following their results.
Oct 18- General Electric Co on Friday posted a record backlog of orders that the company said positioned it well for 2014, lifting shares and overshadowing a decline in quarterly profit and revenue.
HONG KONG, Oct 18- China shares lost ground this week, though they rose on Friday, with the financial sector leading index gains after key Chinese data came in broadly within expectations. The CSI300 of the leading Shanghai and Shenzhen A-share listings finished up 0.5 percent for the day at 2,426.1 points.
Oct 17- Capital One Financial Corp posted a quarterly profit that beat Wall Street estimates after setting aside less money to cover credit card defaults, sending its shares up 2 percent after the bell.
Lenovo, the world's largest PC maker, is 'actively looking' into bidding on BlackBerry, Dow Jones reported on Thursday, citing unnamed sources.
Oct 17- Supervalu Inc's quarterly profit beat Wall Street estimates as the supermarket operator cut costs after selling a number of its underperforming chains earlier this year. Supervalu shares, which have tripled since the company announced the sale of 900 stores including the Albertsons chain in January, slipped 3 percent on Thursday.
CHICAGO, Oct 17- Winnebago Industries Inc, the No. 1 U.S. motor-home manufacturer, reported a stronger-than-expected quarterly profit on Thursday and said its backlog continued to grow due to rebounding demand from both dealers and consumers. The news sent its shares up more than 3 percent in mid-morning trading on the New York Stock Exchange.
CHICAGO, Oct 17- Winnebago Industries Inc, the No. 1 U.S. motor-home manufacturer, reported a stronger-than-expected quarterly profit on Thursday and said its backlog continued to grow due to rebounding demand from both dealers and consumers.
*Third-quarter profit $2.88/ share vs est $2.43. Oct 17- Goldman Sachs Group Inc's third-quarter profit fell 2 percent as weak bond-trading volumes hit revenue in its biggest business, pushing down the bank's shares in premarket trade.
Oct 17- Supervalu Inc' s quarterly profit beat Wall Street estimates as the supermarket operator cut costs after selling more than half of its stores earlier this year. The company's shares rose 6 percent in premarket trading after the company reported net income of $40 million, or 15 cents per share, in the quarter ended Sept. 7.
HONG KONG, Oct 17- China shares ended lower for a third straight session, as profit-taking erased gains for companies seen as linked to the Shanghai free trade zone and investors awaited a batch of economic data.
SYDNEY, Oct 17- Shares in Australian building materials maker Boral jumped as much as 8 percent on Thursday after it announced a $1.6 billion plasterboard joint venture with its U.S. peer USG Corp.. The joint venture will be owned 50 percent by Boral and 50 percent by USG, for which USG will pay up to $575 million to Boral, according to statements by the two companies.
*Forecasts fourth-qtr profit of 18- 26 cents per share. Oct 16- Specialty mattress maker Select Comfort Corp reported third-quarter results well below analysts' estimates due to higher costs and sagging demand for its mattresses, sending its shares down 25 percent after the bell.
Oct 16- EBay Inc reported a higher quarterly profit on Wednesday as consumers made greater use of its PayPal service, but the e-commerce company gave a disappointing holiday quarter forecast, sending shares down 4.5 percent in after-hours trading.
Oct 16- Shares of Plains GP Holdings LP, the holding company for pipeline operator Plains All American Pipeline LP, rose 5 percent in their market debut, valuing the company at about $14 billion.
Oct 16- PepsiCo Inc reported higher quarterly earnings on Wednesday and said it was on track to meet its financial goals for the year, despite a sluggish economy. Shares of PepsiCo were up 1.1 percent at $81.50 in trading before the market opened.