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Benzinga's Bulls & Bears Of The Week: Apple, Colgate, Ford, Macy's And More
Sunday, May 27, 2018 - 11:21am | 794Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included the iPhone maker and a department store operator. Bearish calls included big automakers and a consumer products maker. The broader equity markets are now up about 3 percent since the...
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Twitter Review Of Cheesecake Factory: 'Ostenatiously Gaudy And Consistently Cheap'
Tuesday, November 21, 2017 - 12:10pm | 453A review of Cheesecake Factory Inc (NASDAQ: CAKE)'s restaurant has gone viral across various social media platforms. What You Need To Know Twitter user @MaxKriegerVG is responsible for writing a review of a recent visit to a Cheesecake Factory. Krieger, a game developer who's working...
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Gadfly's Banjo On Darden: We Don't Need New Olive Gardens
Wednesday, March 29, 2017 - 2:15pm | 343Darden Restaurants, Inc. (NYSE: DRI) continues to trade near all-time highs because the company is a standout in the restaurant sector. Darden, the parent company of several full-service restaurant chain perhaps the most notable of which is Olive Garden, reported its fiscal third quarter results...
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Can Nike Or Pepsi Beat Low Earnings Expectations?
Sunday, September 25, 2016 - 2:08pm | 662Upcoming earnings highlights include the latest results from two consumer goods giants. Consensus Wall Street forecasts see lower earnings from each of them. But only one of them is expected to show some growth on the top line. In another quiet week on the earnings front, reports from consumer...
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Darden Restaurants Reports Better Than Expected Q3, Shares Dip Slightly Lower
Tuesday, April 5, 2016 - 9:01am | 264Shares of Darden Restaurants, Inc. (NYSE: DRI) were trading lower by around 0.50 percent early Tuesday morning after the company reported its third-quarter results. Darden Restaurants said that it earned $1.21 per share in the third quarter on revenue of $1.85 billion. Wall Street analysts were...
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Pre-Merger Earnings Expectations For Rite Aid, Walgreens And Bed Bath & Beyond
Sunday, April 3, 2016 - 4:39pm | 783Two merging drug store giants are scheduled to share their latest earnings reports this week. Wall Street consensus forecasts see earnings growth from just one of them. A domestics superstore operator is also on deck this week to post its latest quarterly results. Before the new earnings...
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Starboard Value Trims Its Stake In Darden Restaurants, Notes 'Significant Appreciation' In The Stock
Tuesday, January 12, 2016 - 10:35am | 165Activist investor Starboard Value disclosed in 13D filing on Tuesday that it trimmed its stake in Darden Restaurants, Inc. (NYSE: DRI) to 10.355 million shares from a prior 11.6 million share position. Starboard Value now controls around 8.1 percent of the company, a decrease from the 9.1...
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Oracle, Rite Aid Highlight Slow Earnings Week
Sunday, December 13, 2015 - 5:35pm | 752Wall Street is looking for solid quarterly results from FedEx Corporation (NYSE: FDX) this week. Expectations are lower for earnings from Oracle Corporation (NYSE: ORCL) and Rite Aid Corporation (NYSE: RAD). The consensus forecast calls for another net loss from BlackBerry Ltd (NASDAQ: BBRY). As...
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Nike And BlackBerry Highlight Another Quiet Earnings Week
Sunday, September 20, 2015 - 11:25am | 861As the calendar quarter winds down, it will be another fairly quiet week on the earnings front. Wall Street analysts by and large expect to see at least a little growth in earnings from packaged foods giants ConAgra Foods Inc (NYSE: CAG) and General Mills, Inc. (NYSE: GIS) when they share their...
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Barron's Recap: The Question Of Silicon Valley Profits
Sunday, June 28, 2015 - 1:13pm | 815This weekend in Barron's online: how tech giants inflate earnings, the world's most respected companies, as well as the prospects for Gannett, ClubCorp, Legg Mason, Boeing, Greece and more. Cover Story "Silicon Valley Profit Caper" by Andrew Bary. This week's Barron's cover story asks why no one...
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Dow's Losing Streak Now Stands At 6 Days, S&P 500 And Nasdaq Slightly Positive
Thursday, October 16, 2014 - 5:07pm | 2915U.S. stocks were mixed on Thursday as the Dow Jones index traded lower by 206 points before recouping most of these losses. However, the index closed the day in negative territory for the sixth straight day, despite encouraging U.S. labor data being reported. Speaking to Bloomberg, St. Louis...
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Markets Unable To Hold On To Gains As Oil Continues To Plunge
Tuesday, October 14, 2014 - 4:47pm | 2414U.S. markets ended the day mostly flat after giving up earlier gains. The Dow traded higher by 142 points before ending the day in negative territory. The S&P 500 and Nasdaq indices closed the day almost unchanged. The CBOE Volatility Index fell 7.5 percent to 23.79. Airline stocks traded...
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Markets Debut Week On Negative Note; S&P 500 Falls Through Key Level
Monday, October 13, 2014 - 4:57pm | 1971U.S. markets began the week on a negative note after markets sold off in the final two hours of trading on no major news catalyst. The S&P 500 fell through its 200-day moving average of 1,905, a key technical level for fundamental investors and traders. The last time the index broke its 200...
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Tech, Semiconductors Among Worst Performers As Sell-Off Continues
Friday, October 10, 2014 - 5:06pm | 2294U.S. stocks continued to sell off on Friday on higher than usual volume. Semiconductor stocks were hit hard following Microchip's profit warning and cautious sector-wide comments. The rest of the tech sector was weak, especially "momentum" and high-beta stocks as the Nasdaq index...
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Starboard Value Earns Big Victory Over Darden Restaurants
Friday, October 10, 2014 - 2:38pm | 412After a lengthy back and forth battle between Darden Restaurants, Inc. (NYSE: DRI) and activist investor Starboard Value, shareholders made their position clear who they want in charge of making key decisions. Starboard Value maintains an 8.77-percent stake in Darden and hoped to overthrow the...