Stocks wavered between gains and losses on Thursday amid a slew of quarterly earnings.» Read More
March 3- The activist investor seeking to split Darden Restaurants Inc into two companies said on Monday it has lost confidence in its chief executive's ability to run the company.
Darden Restaurants estimated its third-quarter earnings to be lower than expected, blaming severe winter weather for lower sales.
March 3- Darden Restaurants Inc said it would proceed with its plan to spin off or sell its Red Lobster chain, rebuffing two activist investment firms that had urged the company to take other actions to boost results, including selling real estate.
March 3- Olive Garden owner Darden Restaurants Inc estimated third-quarter profit below analysts' expectations, blaming severe winter weather for lower sales. The company, under pressure from hedge fund Barington Capital Group, said in December that it would spin off or sell its floundering Red Lobster chain.
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With economic data muted and the stock market in rally mode, Jim Cramer thinks these stocks are likely to attract bulls.
As one of the world's largest makers of consumer food products, the Minneapolis- based company has hefty buying power in the marketplace for corn, soy, sugar, oats, and other commodities needed for its packaged food products.
McDonald's CEO vowed to "create more of a coffee culture through high-quality McCafe products," as well as to double-down on breakfast to boost sales.
LOS ANGELES, Feb 11- Raymond Tremblay, a loyal McDonald's Corp customer from Los Angeles, thinks the fast-food chain sells tasty food at reasonable prices and he cannot think of a quick fix that would help end the company's disappointing U.S. performance.
CNBC's Jim Cramer says McDonald's has a big branding problem, but that doesn't mean its stock lacks potential.
Green Mountain Coffee Roasters' stock surge likely has a big victim: David Einhorn's Greenlight Capital.
Fast-casual spots such as Chipotle and Noodles & Co. are far outperforming other categories, especially fast-food companies like McDonald's.
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U.S. stocks fell sharply on Friday on continuing worries about emerging markets.
"Part of our mission is to change the way people think about and eat fast food," says Montgomery Moran, Chipotle Mexican Grill, co-CEO, discussing Chipotle's food costs and a potential price increase.
As the much of the market saw increased volatility Friday, Chipotle saw record highs, boosted by much better-than-expected earnings.
Chipotle's popularity isn't showing any signs of fading, and the food chain is eyeing whether it can raise prices later this year.
Some of the names on the move ahead of the open.
NEW YORK, Jan 30- The S&P 500 scored its biggest gain in more than a month on Thursday as Facebook led a tech rally and data showed the U.S. economy was on solid footing in the fourth quarter. Facebook Inc shares jumped 14.1 percent to end at $61.08, hitting a lifetime high of $62.50 during the session and supporting both the S&P 500 and Nasdaq.
Jan 30- Chipotle Mexican Grill Inc on Thursday said an increase in customer visits contributed to bigger-than-expected growth in quarterly sales at established restaurants, and its shares rose nearly 10 percent in extended trading.