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Bite Into Darden Restaurants' Q4 Earnings
Tuesday, June 27, 2017 - 9:43am | 323Shares of Darden Restaurants, Inc. (NYSE: DRI) were trading higher by more than 3 percent early Tuesday morning after the company reported its fiscal fourth-quarter results and issued guidance for the coming year. Darden Restaurants, the parent company of Olive Garden and other restaurant chains,...
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Starboard Issues Another Letter, Imploring Yahoo
Thursday, January 8, 2015 - 4:08pm | 407Activist hedge fund Starboard Value LP, which owns a significant stake in Yahoo! Inc. (NASDAQ: YHOO) and AOL, Inc. (NYSE: AOL) issued another letter addressing Yahoo’s CEO Marissa Mayer, in which it expressed concerns over recent media reports. These reports highlighted Yahoo's interest...
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Darden Restaurants Sued Over Tipping?
Friday, July 19, 2013 - 7:30am | 527A lawsuit is just another day at the office for large corporations but unlike the Apple (NASDAQ: AAPL) patent infringement sagas that routinely play out, this one has a direct effect on anybody who eats at restaurants. A few New York City restaurants, including Applebees and Darden Restaurants...
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The 'Two Year Cell Phone Contract' Days Might be Numbered
Tuesday, March 26, 2013 - 8:09am | 654Cell phone users (or at least those paying the bill) will be happy about this news. Those stupid two year contracts everybody has to sign might soon come to an end. Keep your “glass half full” attitude for a minute. Think back to the days when your gym required a contract. Once you signed up,...
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Don't Worry About Olive Garden's Rebranding, The Breadsticks Will Remain
Thursday, February 28, 2013 - 5:36pm | 789Because it’s worked so well for J.C. Penney (NYSE: JCP), Best Buy (NASDAQ: BBY), Hewlett-Packard (NYSE: HPQ) and RIM (sorry, Blackberry)(NYSE: BBRY), now another well-known brand is going to try it too. Olive Garden, one of the restaurant chains owned by Darden Restaurants (NYSE: DRI) announced...
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Bank of America Reiterates Buy and PT of $55 on Darden
Friday, July 1, 2011 - 8:42am | 56Bank of America reiterated its Buy rating on Darden (NYSE: DRI). At the same time, Bank of America left its price target on the company's stock unchanged at $55. On Thursday, Darden ended the day at $49.76. Its shares lost 1.23% of their value in today's pre-market trading to trade around $49.15.
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August Causal Dining Trends From Piper Jaffray
Monday, September 20, 2010 - 7:34am | 336Casual dining SSS trends for August were +0.6%, reflecting 1.9% traffic and showing a slight dip +0.9% from July, but according to Piper Jaffray August was still better than 2Q when traffic measures deteriorated. Piper Jaffray sees opportunities in Casual Dining, but prefers limited service and...