Olive Garden

On Monday, Bank of America Merrill Lynch (BofA) analyst Lorraine Hutchinson published a research note, "To REIT or Not To REIT," raising the firm's target price for venerable department store owner and operator Macy's, Inc. (NYSE: M) from $68 to $78 per share. BofA believes that management...

When companies such as Darden Restaurants, Inc. (NYSE: DRI) that own restaurant locations spin the real estate out as REITs, how does that add value for shareholders? On Thursday, Morgan Stanley analyst John Glass and his team published "Restaurants and REITs" to help investors understand the...

Next year in addition to soup, salad, seafood and breadsticks, there will be a new item on the shareholder menu at $8.7 billion cap Darden Restaurants, Inc. (NYSE: DRI). Darden intends to spin-out a large percentage of its owned restaurants into a new REIT to be owned by shareholders. Darden...

Have you heard about the Clover dating app? The principle is simple: the app helps people meet. A more recent feature called "On-Demand Dating" sets people up "blindly," with other users near them. A study recently conducted by the company looks into the Most Popular On-Demand Dating Locations. The...

Darden Restaurants, Inc.'s (NYSE: DRI) Olive Garden appealed to the stomachs of pasta-lovers everywhere last week when it unveiled the "Never Ending Pasta Pass." The passes, which allow users to eat unlimited pasta, breadsticks, soup, salad and Coca-Cola for the seven-week period...

After reporting Q2 14 EPS of $0.20, in line with the consensus and revenue of $2.05 billion, short of the $2.07 billion consensus estimate, Darden Restaurants (NYSE: DRI) said it planned to sell or spin off its 705 restaurant Red Lobster chain. Although Red Lobster has been a weak performer of...

Say it ain’t so! According to CNET, Facebook (NASDAQ: FB) is saying goodbye to the sale of physical goods. In other words, you will no longer be able to send all of your Facebook friends a cupcake, flowers or commemorative mug for their birthday. Facebook basically said what everybody knows:...

Darden Restaurants (NYSE: DRI) CEO Clarence Otis appeared on CNBC's Squawk Box to address issues in the broader economy that have impacted their stock, and to talk about the company overall. Responding to poor numbers requires them look at the broader economy, he said. According to Otis, they're...

Because 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...

Darden Restaurants, Inc. (NYSE: DRI), which operates Red Lobster, Olive Garden and LongHorn Steakhouse restaurant chains, announced first quarter results for the three months ended August 26, 2012 showing earnings per share from continuing operations of $0.85, up 9 percent from the same period last...

Darden Restaurants (NYSE: DRI), which is trading near a multiyear high, is scheduled to report its first-quarter fiscal 2013 results Friday, August 21 before market open. Investors will be looking to see whether the fortunes of the Olive Garden chain have improved and the company can build on four-...