Darden, the nation's largest full-service restaurant company, also owns Olive Garden and LongHorn Steakhouse.» Read More
SAO PAULO/ RIO DE JANEIRO, Oct 15- OGX Petróleo e Gas Participações SA ousted its chief executive as part of a restructuring plan to avert bankruptcy, a source said on Tuesday, the same day shares of the ailing Brazilian oil producer posted their biggest jump ever on hopes that founder Eike Batista might cede control of the company.
SAO PAULO, Oct 14- Shares of Brazil's Embraer SA tumbled on Tuesday after the company reported another quarter of weak deliveries, forcing the world's third-largest commercial planemaker into a steep climb to meet its full-year target.
Oct 15- A J.C. Penney Co Inc spokeswoman denied a market rumor on Tuesday that the department store chain had hired bankruptcy counsel, as shares slid as much as 8.3 percent. Penney spokeswoman Kristin Kays said there was "no truth to the rumor," origins of which were unclear.
*Third-quarter earnings/share $0.51 vs est $0.52. Oct 15- Domino's Pizza Inc, the second-largest U.S. pizza chain, reported a rare earnings miss due to higher costs, sending its shares down 5 percent as it spent more on overseas outlets and on mobile apps.
Coca-Cola reported earnings that met Street expectations as it sold more soft drinks, as well as teas and waters, despite a challenging economy.
French hotel group Accor topped the FTSEurofirst 300 leaderboard with a 2 percent rise after investment bank Citigroup's upgraded the stock to a "buy".
Oct 10- Safeway Inc said on Thursday it plans to leave the Chicago market by early next year as it continues to narrow its focus and posted a sharply lower profit for the third quarter. The shares of Safeway, the second-largest U.S. mainstream grocery store operator, rose to $33.35 after hours after closing at $31.57 on the New York Stock Exchange.
Oct 10- Silicon Graphics International Corp, a supplier of servers based on the Linux operating system, estimated first-quarter results below expectations, citing uncertainty related to the completion of IT projects funded by the U.S. government. Silicon Graphics shares fell about 15 percent in extended trading.
Oct 10- Safeway Inc said on Thursday it plans to leave the Chicago market by early next year as it continues to narrow its focus and posted a sharply lower profit for the third quarter. Shares of Safeway, the second-largest U.S. mainstream grocery store operator, rose to $33.35 after hours after closing at $31.57 on the New York Stock Exchange.
*Shares rise 25 pct to $54.94, valuing Antero at $13.98 bln. Oct 10- Shares of Antero Resources Corp, an oil and gas producer controlled by Warburg Pincus, rose as much as 25 percent in their market debut, underscoring the eagerness of investors to cash in on the shale boom in the United States.
Oct 10- Shares of Antero Resources Corp, an oil and gas producer controlled by Warburg Pincus LLC, rose as much as 25 percent in their market debut, underscoring investors' eagerness to cash in on the shale boom in the United States. Shares of the company opened at $54.15 on Thursday and rose to a high of $54.94, valuing the company at $13.98 billion.
Oct 9- Cloud computing software maker Citrix Systems Inc estimated quarterly results below analysts' expectations as businesses delayed contracts, sending its shares down as much as 14 percent in extended trading.
Oct 9- Cloud computing software maker Citrix Systems Inc estimated quarterly results below analysts' expectations, sending its shares down as much as 13 percent. The company said it expects adjusted earnings of 68- 69 cents per share on revenue of $710 million to $712 million in the third quarter.
Oct 9- Hedge fund Barington Capital Group LP is pushing for Olive Garden parent Darden Restaurants Inc to split into two separate companies, the Wall Street Journal reported citing people familiar with the matter. Shares of the Orlando- based company, which also owns the Red Lobster and LongHorn Steakhouse chains, were up 7 percent in late afternoon trading.
SAN JOSE, Oct 9- Hewlett Packard Co Chief Executive Meg Whitman said on Wednesday she expected revenue to "stabilize" in 2014 and business to accelerate again in 2015, sparking the stock to jump as much as 9.5 percent. Whitman's comments to analysts at the company's annual investor briefing eased concerns about her multiyear turnaround program.
Oct 9- Shares of SFX Entertainment Inc, the electronic dance music festival promotion wing of New York media mogul Robert F.X. Sillerman, fell as much as 5 percent in their debut on Wednesday, valuing the company at about $992 million. SFX raised $260 million after pricing its offering of 20 million shares at $13 per share, the high end of the expected price.
Oct 9- Family Dollar Stores Inc said on Wednesday it was taking a cautious approach to 2014 as shoppers focus on basics, and posted a better-than-expected quarterly profit as its focus on controlling costs helped offset weaker-than-expected sales.
*Geely sinks after stake sale by Goldman Sachs arm. HONG KONG, Oct 9- Hong Kong shares sank early Wednesday, with investors taking some profit on the outperforming technology sector as the U.S. fiscal impasse sapped confidence that the world's largest economy will avert a debt default.
Oct 8- U.S. tax preparer H&R Block Inc is planning to terminate the sale of its banking assets to a unit of Republic Bancorp Inc, sending shares down 6 percent in extended trading. H&R Block in July said it would sell its banking unit to avoid a sharp rise in costs associated with the introduction of stricter banking rules by the U.S.
Oct 8- KFC parent Yum Brands Inc on Tuesday warned that sales at established restaurants in China, its top market, are unlikely to rebound in the fourth quarter, as it had expected, and its shares fell almost 7 percent in extended trading.