As restaurants battle to lure diners, Olive Garden on Monday introduced its version of an American classic: the Italiano Burger.» Read More
**PROSENSA, Thursday close $24.00, down 75 pct premarket. An experimental drug for Duchenne muscular dystrophy from GlaxoSmithKline and Prosensa failed to meet its goal in a late-stage clinical trial, the companies said on Friday.
Some of the names on the move ahead of the open.
Darden Restaurants reported a lower profit and higher sales, and said President and Chief Operating Officer Drew Madsen would retire.
Sept 20- Darden Restaurants Inc reported a lower quarterly profit and higher sales on Friday and said President and Chief Operating Officer Drew Madsen would retire at the end of this quarter. The company said net income fell to $70.2 million, or 53 cents per share, in the first quarter ended Aug. 25 from $110.8 million, or 85 cents per share, a year earlier.
NEW YORK, Sept 18- Walgreen Co, the largest U.S. drugstore, is moving 120,000 employees to a private health insurance exchange where they can choose a plan from multiple insurers, a sign of the shifting landscape for corporate healthcare because of rising costs.
NEW YORK, Sept 18- Walgreen Co is moving 120,000 employees to a private health insurance exchange from coverage provided directly from carriers, the company will announce Wednesday. The benefit to Walgreen and other employers is unknown at this point, as their cost-savings are not clear.
Walgreen is moving its employees to a health insurance exchange from coverage provided directly from carriers, the company will announce Friday.
NEW YORK, Sept 17- Walgreen Co is moving 120,000 employees to a private health insurance exchange from coverage provided directly from carriers, the company will announce Friday. The benefit to Walgreen and other employers is unknown at this point, as their cost-savings are not clear.
Talking Squawk—the official blog of everything "Squawk Box"—is back from hiatus and chock-full of goodies.
Aug 27- The Mexican unit of Taylor Farms, a food processor whose salad mix had been linked with an intestinal bug outbreak that affected some Olive Garden and Red Lobster restaurants, has been authorized by U.S. health regulators to resume operations.
Costs for families with employer coverage will rise 4 percent, to an average $16,351, of which workers will pay $4,565 in premiums, according to the 15th annual Employer Health Benefits Survey by the Kaiser Family Foundation and the Health Research& Educational Trust released Tuesday.
Aug 12- The Mexican unit of Taylor Farms, a food processor whose salad mix has been identified as at least one source of a widespread intestinal bug outbreak has halted shipments of all its salad products to the United States.
The U.S. Food and Drug Administration said a salad mix linked to the outbreak of cyclosporiasis was supplied to restaurants in Iowa and Nebraska by Taylor Farms de Mexico, a processor of food service salads. The restaurants included outlets of the Olive Garden and Red Lobster chains, both of which are owned by Darden Restaurants Inc, the FDA said in an e-mail.
Few other corporate releases impressed Cramer quite like this. "It contained almost everything you'd want," he said.
Wendy's reported a profit that was above expectations and said it is selling 425 restaurants to franchisees, while Domino's Pizza posted a profit that also topped estimates.
Peter Saleh, Telsey Advisory Group, addresses McDonald's earnings miss and the company's comment that economic uncertainty is pressuring consumer spending.
LOS ANGELES, July 18- Chipotle Mexican Grill is one of the restaurant industry's hottest stocks, but fickle diners and an ever-expanding selection of entrepreneurial eateries threaten to make it harder for the upscale burrito seller to keep delivering the explosive growth investors savor.
Check, please! This options pro explains why the restaurant rally could finally end. Time to short?
The "Fast Money" traders share their final trades of the day.
Some 40 million Americans don't get paid for sick days. Efforts to mandate paid sick leave, but obstacles remain.