GO
Loading...

Darden Restaurants Inc

More

  • March 20- Olive Garden owner Darden Restaurants Inc reported a quarterly profit above analysts' estimates due to cost-cutting and better-than-expected sales at its chains such as LongHorn Steakhouse and Yard House. Customer visits have been falling for more than a year at Olive Garden, which accounts for more than half of Darden's revenue.

  • Olive Garden owner Darden's quarterly sales rise 7% Friday, 20 Mar 2015 | 7:42 AM ET
    An Olive Garden restaurant in New York.

    Darden Restaurants reported a 7 percent rise in sales, helped by higher sales at its Olive Garden and LongHorn Steakhouse restaurants.

  • It's all about Fed, but watch for these flareups Monday, 16 Mar 2015 | 6:01 AM ET
    Janet Yellen

    The Fed in the coming week may finally signal it's on a course to raise rates, and anticipation of a change in its zero-rate policy has been sending ripples through markets.

  • It's all about Fed, but watch for these flareups Friday, 13 Mar 2015 | 6:46 PM ET
    Janet Yellen

    The Fed in the coming week may finally signal it's on a course to raise rates, and anticipation of a change in its zero-rate policy has been sending ripples through markets.

  • Cramer's game plan: Biggest fear on the dollar Friday, 13 Mar 2015 | 6:11 PM ET
    A man walks past Petrobras headquarters, Brazil's state-run oil company, March 9, 2015, in Rio de Janeiro.

    Jim Cramer sees one company out there that could be big trouble if the U.S. dollar keeps strengthening.

  • UPDATE 1-Starboard says Staples needs to "improve" board Wednesday, 4 Mar 2015 | 10:49 AM ET

    March 4- Activist investor Starboard Value LP asked office supplies retailer Staples Inc to "improve" the composition of its board to complete the acquisition of Office Depot Inc and fully integrate its smaller rival. Office Depot's shares were slightly down at $9.42. The hedge fund's founder and Chief Executive Jeffrey Smith in January pushed Staples to...

  • Rare McDonald's bull expects super-sized gains Tuesday, 3 Mar 2015 | 11:23 AM ET
    Customers visit a McDonald's restaurant in Dallas.

    With just two days under his belt at the McDonald's helm, CEO Steve Easterbrook is already sparking one firm to raise its McD's price target.

  • BOSTON, March 2- Hedge fund Barington Capital Group on Monday pressed ahead with plans to win two board seats at Eastern Co and filed a preliminary proxy statement less than four weeks after the company offered to increase the number of its directors by one. It is asking shareholders to put its own chief executive officer, James Mitarotonda, and medical device...

  • Darden Restaurants names Eugene Lee as CEO Monday, 23 Feb 2015 | 10:59 AM ET
    An Olive Garden restaurant in New York.

    Darden Restaurants said interim Chief Executive Eugene Lee would take over the job permanently, effective immediately.

  • Feb 23- Darden Restaurants Inc, the parent of Olive Garden and LongHorn Steakhouse chains, said interim Chief Executive Eugene Lee would take over the job permanently, effective immediately. Lee took over as interim CEO in October, replacing Clarence Otis, who stepped down amid pressure from activist investors Starboard Value LP and Barington Capital Group LP.

  • Darden Restaurants names Eugene Lee as CEO Monday, 23 Feb 2015 | 8:25 AM ET

    Feb 23- Darden Restaurants Inc, the parent of Olive Garden and LongHorn Steakhouse chains, said interim Chief Executive Eugene Lee would take over the job permanently, effective immediately.

  • Feb 12- Darden Restaurants Inc was sued on Thursday by the U.S. Equal Employment Opportunity Commission, which accused the company of age discrimination in hiring for its Seasons 52 restaurants nationwide. In a complaint filed with the U.S. District Court in Miami, the EEOC said it is "standard operating procedure" for Darden, which also runs the Olive Garden chain,...

  • The only thing that matters in Yahoo’s earnings Tuesday, 27 Jan 2015 | 10:20 AM ET
    Alibaba and Yahoo

    If there's ever been an a earnings announcement when earnings themselves aren't important, it's Yahoo's fourth quarter.

  • Buy this hot sector to play cheap gas Friday, 23 Jan 2015 | 2:38 PM ET
    A waitress carries a tray a lobster kettle and a crab trio dish at a Red Lobster restaurant in Yonkers, N.Y.

    Recent economic data show restaurants and bars are already benefiting from lower gas prices.

  • NEW YORK, Jan 14- Surging U.S. stock-market volatility ahead of the earnings season is leading traders to lock in some gains in some big-cap companies that recently hit all-time highs, strategists said on Wednesday. Investors have grown worried about weak global growth and falling commodities prices, and drops in the S&P 500 stock index reflect that concern.

  • Fast food stocks are surging...Here's why Wednesday, 7 Jan 2015 | 2:31 PM ET
    A customer sips a vanilla milkshake at a Sonic drive-in restaurant in Normal, Illinois.

    New Year's resolutions are in full swing, but don’t tell that to restaurant stocks. They're surging.

  • The best hedge funds for 2015 are... Friday, 2 Jan 2015 | 7:00 AM ET
    Ray Dalio, Bridgewater Associates

    Critics love to hate hedge fund fees and performance, but the industry is poised to grow even more in 2015.

  • US stocks close down; Dow below 18,000 Tuesday, 30 Dec 2014 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange, Dec. 24, 2014.

    U.S. stocks closed down in low volume trade on Tuesday, pressured by weakness abroad and a sharp decline in the utilities sector.

  • These stocks are biggest winners from oil meltdown Tuesday, 23 Dec 2014 | 8:00 AM ET

    Morgan Stanley picks the biggest winners from this year's collapse in oil prices.

  • Cramer’s perfect recipe for a Santa Claus rally Thursday, 18 Dec 2014 | 6:13 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Jim Cramer is seeing some good signs in the economy right now. Could they be the perfect ingredients for a Santa Claus rally?