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Darden Restaurants Inc

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  • July 28- Darden Restaurants Inc's food fight with activist investors Barington Capital Group LP and Starboard Value LP entered a new phase on Monday, when the company said Clarence Otis would step down as chairman and chief executive officer.

  • July 28- Darden Restaurants Inc said on Monday that Clarence Otis would step down as chairman and chief executive officer, buckling under pressure from activist investors Barington Capital Group LP and Starboard Value LP.

  • Final Glance: Restaurant companies Monday, 28 Jul 2014 | 6:04 PM ET

    Brinker International Inc. rose$. 11 or. 2 percent, to $45.32. Chipotle Mexican Grill Inc. rose $4.43 or. 7 percent, to $678.01. Darden Restaurants Inc. rose$. 26 or. 6 percent, to $44.92.

  • July 28 (Reuters)- Darden Restaurants Inc said Clarence Otis would step down as chairman and chief executive officer, buckling under pressure from activist investors Barington Capital Group LP and Starboard Value LP.

  • Darden CEO to step down amid Olive Garden troubles Monday, 28 Jul 2014 | 4:52 PM ET

    NEW YORK— Darden Restaurants CEO and Chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain following its contested sale of Red Lobster. The company has been pressured to turn around declining sales at Olive Garden and Red Lobster.

  • Midday Glance: Restaurant companies Monday, 28 Jul 2014 | 1:31 PM ET

    Brinker International Inc. rose$. 20 or. 4 percent, to $45.41. Chipotle Mexican Grill Inc. rose $1.50 or. 2 percent, to $675.08. Darden Restaurants Inc. rose$. 35 or. 8 percent, to $45.01.

  • Red Lobster goes vertical on plate to push quality Monday, 28 Jul 2014 | 11:31 AM ET

    In his first interview as Red Lobster's new CEO, Kim Lopdrup outlined the missteps he thought his predecessors made and why he thinks Red Lobster can win back customers. And Darden's recent attempts to spark turnarounds at Red Lobster and Olive Garden haven't worked.

  • Early Glance: Restaurant companies Monday, 28 Jul 2014 | 10:33 AM ET

    Brinker International Inc. rose$. 20 or. 4 percent, to $45.41. Chipotle Mexican Grill Inc. rose $3.93 or. 6 percent, to $677.51. Darden Restaurants Inc. rose$. 12 or. 3 percent, to $44.78.

  • Final Glance: Restaurant companies Thursday, 24 Jul 2014 | 6:22 PM ET

    Brinker International Inc. rose$. 18 or. 4 percent, to $44.93. Chipotle Mexican Grill Inc. fell $1.07 or. 2 percent, to $660.20. Darden Restaurants Inc. rose$. 80 or 1.8 percent, to $45.29.

  • Midday Glance: Restaurant companies Thursday, 24 Jul 2014 | 1:23 PM ET

    Brinker International Inc. rose$. 36 or. 8 percent, to $45.11. Chipotle Mexican Grill Inc. fell $1.45 or. 2 percent, to $659.82. McDonald's Corp. rose$. 05 or. 1 percent, to $95.40.

  • Early Glance: Restaurant companies Thursday, 24 Jul 2014 | 11:37 AM ET

    Brinker International Inc. rose$. 20 or. 4 percent, to $44.95. Chipotle Mexican Grill Inc. fell $3.71 or. 6 percent, to $657.56. Darden Restaurants Inc. rose$. 12 or. 3 percent, to $44.61.

  • Final Glance: Restaurant companies Tuesday, 22 Jul 2014 | 6:02 PM ET

    Brinker International Inc. rose$. 08 or. 2 percent, to $45.14. Chipotle Mexican Grill Inc. rose $69.84 or 11.8 percent, to $659.77. Papa John's International Inc. rose$. 71 or 1.7 percent, to $41.78.

  • Midday Glance: Restaurant companies Tuesday, 22 Jul 2014 | 1:57 PM ET

    Brinker International Inc. rose$. 44 or 1.0 percent, to $45.50. Chipotle Mexican Grill Inc. rose $76.92 or 13.0 percent, to $666.85. Darden Restaurants Inc. rose$. 19 or. 4 percent, to $44.21.

  • Early Glance: Restaurant companies Tuesday, 22 Jul 2014 | 11:16 AM ET

    Brinker International Inc. rose$. 40 or. 9 percent, to $45.46. Chipotle Mexican Grill Inc. rose $68.90 or 11.7 percent, to $658.83. Darden Restaurants Inc. rose$. 20 or. 5 percent, to $44.22.

  • Business Highlights Wednesday, 16 Jul 2014 | 5:50 PM ET

    Rejected Fox bid for Time Warner shows growth mood. NEW YORK— In a move that aims to counter consolidation among TV distributors, Rupert Murdoch's Fox has made an unsolicited takeover offer for rival media giant Time Warner for about $76 billion in cash and stock.

  • Midday Glance: Restaurant companies Wednesday, 16 Jul 2014 | 2:54 PM ET

    Brinker International Inc. fell$. 07 or. 2 percent, to $46.12. Chipotle Mexican Grill Inc. fell $3.54 or. 6 percent, to $593.91. Darden Restaurants Inc. rose$. 05 or. 1 percent, to $44.13.

  • Early Glance: Restaurant companies Wednesday, 16 Jul 2014 | 11:11 AM ET

    Brinker International Inc. fell$. 40 or. 9 percent, to $45.79. Chipotle Mexican Grill Inc. fell $2.67 or. 4 percent, to $594.78. Darden Restaurants Inc. fell$. 12 or. 3 percent, to $43.96.

  • Falafel to go: Mideast food chains expand abroad Wednesday, 16 Jul 2014 | 2:45 AM ET

    DUBAI, United Arab Emirates— The super-sized malls that dot Dubai and other Gulf Arab cities are stuffed with foreign restaurants, from Burger King and Subway to suburban sit-down staples like IHOP and Red Lobster. A United Arab Emirates- based chain called Just Falafel opened its first branches in the United States and Canada last month.

  • Darden wins dismissal of New York lawsuit Thursday, 10 Jul 2014 | 6:22 PM ET

    Darden Restaurants Inc, the parent of Olive Garden and Red Lobster, won the dismissal of a New York lawsuit accusing it of illegally adding an automatic 18 percent tip to diners' bills and failing to list beverage prices on its menus.

  • July 1- Buyout firm Berkshire Partners LLC is in advanced talks to acquire Portillo's Restaurant Group, the largest privately owned restaurant chain in the U.S. Berkshire Partners has outbid other private equity firms for the Chicago- based restaurant group, the sources said on Tuesday.