Darden Restaurants Inc

Type: Company
Name: Darden Restaurants Inc
First reported 27 mins ago - Updated 20 mins ago - 1 reports

Stocks Lower As Earnings Season Takes Back Seat To Geopolitical Uncertainties

U.S. stocks fell as the Dow dipped below the 17,000 marks as geopolitical concerns become a main focus. In a televised statement, ...Related Stocks:AECOM TECHNOLOGY CORPORATION AMERICAN EXPRESS COMPANY APPLE Apple Inc. BLACKBERRY Buffalo Wild Wings, Inc. ... [Published Fat Pitch Financials - 27 mins ago]
First reported 4 hours ago - Updated 36 mins ago - 5 reports

Darden Restaurants CEO Steps Down After Red Lobster Sale

Darden Restaurants immediately appointed its independent director, Charles A. Ledsinger, Jr. as independent non-executive chairmanClarence Otis, the chairman and CEO of Darden Restaurants, Inc. ( NYSE:DRI ) stepped down after the company completed the ... [Published Value Walk - 3 hours ago]
First reported 1 hour ago - Updated 40 mins ago - 1 reports

Red Lobster bets on fancier-looking plates

A new upscale plating scheme could help Red Lobster turn around. NEW YORK (CNNMoney) Let's get this out of the way: Lobsterfest is here to stay.But Red Lobster is making some big changes, pulling back from deep discounting and presenting food on the plate ... [Published CNN Money - 1 hour ago]
First reported 4 hours ago - Updated 4 hours ago - 1 reports

Restaurant companies shares up at 10 a.m.

NEW YORK –Brinker International Inc. rose $.41 or .9 percent, to $45.73.Chipotle Mexican Grill Inc. rose $1.30 or .2 percent, to $679.31.Darden Restaurants Inc. rose $1.54 or 3.4 percent, to $46.46.Domino's Pizza Inc. rose $.49 or .7 percent, to $74. ... [Published FOXBusiness.com - 4 hours ago]
First reported Jul 28 2014 - Updated 4 hours ago - 5 reports

Darden Restaurants Price Target Cut to $44.00 by Analysts at Deutsche Bank (DRI)

Equities research analysts at Deutsche Bank reduced their price objective on shares of Darden Restaurants (NYSE:DRI)Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James cut their price target on ... [Published American Banking News - Stock Ratings - 4 hours ago]
First reported 6 hours ago - Updated 4 hours ago - 3 reports

Jim Cramer's Mad Dash: Darden Restaurants Can Move Higher

If your browser does not automatically forward you to http://business-news.thestreet.com/philly/story/jim-cramers-mad-dash-darden-restaurants-can-move-higher/12751931, please click here. ... [Published Philly.com - 4 hours ago]
First reported 6 hours ago - Updated 6 hours ago - 1 reports

Expect More Change At Darden After CEO Departure

The Wall Street Journal As Darden bows to the demands of activist shareholders,  expect more big changes. Shares of Darden Restaurants (DRI) are up more than 3% today after the company said it would send current CEO and Chairman Clarence Otis to greener ... [Published BARRONS.com Stocks To Watch Today - 6 hours ago]
First reported 7 hours ago - Updated 6 hours ago - 2 reports

Darden Restaurants CEO Otis to Step Down

July 29 (Bloomberg) -- Darden Restaurants Chief Executive Officer Clarence Otis, plans to step down as chairman and CEO by the end of the year. Alix Steel reports on “In The Loop.” (Source: Bloomberg)Criticizing is the selling of red lobster.On the heels ... [Published Bloomberg - 7 hours ago]
First reported 7 hours ago - Updated 7 hours ago - 1 reports

Restaurants stocks in focus

A number of restaurants stocks are pushing higher after activist investors get their way at Darden Restaurants (DRI +3.5%) and DineEquity (DIN +6.2%) puts in a solid quarter.In the guessing game of which chain might get the most attention from restless ... [Published Seeking Alpha - 7 hours ago]
First reported 7 hours ago - Updated 7 hours ago - 2 reports

Morning Movers: BP, UPS, Drugmakers Fall

Bloomberg Clarence Otis, the outgoing CEO at Darden Restaurants. It’s a busy day for earnings reports, and many are not sitting well with traders. Russia’s bad behavior is having an impact on integrated oil giant BP (BP), which warned that increasing ... [Published CEOWorld Magazine - 7 hours ago]
First reported 23 hours ago - Updated 10 hours ago - 1 reports

American Realty Capital Properties closes $1.5 bln Red Lobster sale-leaseback transaction with Darden Restaurants Inc

American Realty Capital Properties Inc:Closes about 500 Red Lobster restaurant properties as part of an about $1.5 bln sale-leaseback transaction.Transaction was completed in conjunction with Golden Gate Capital's (GGC) acquisition of Red Lobster from ... [Published Reuters - 23 hours ago]
First reported Jul 28 2014 - Updated 12 hours ago - 35 reports

Darden CEO to step down amid troubles

Darden Restaurants Inc. said CEO and Chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain after the sale of Red Lobster, which was finalized.The company, based in Orlando, Florida, also said it's changing ... [Published News-Journal - 14 hours ago]

Quotes

"The high-quality, all-American food combined with the fun, classic atmosphere sets Johnny Rockets apart from other hamburger chains," said Bulger. "I am eager to get involved and help the brand continue to thrive in growing markets, and deliver on their guest promise as an escape from modern day stress for all guests."
...You're not going to see an offer that "causes us to box ourselves into a discount where we're serving food that we're not proud to serve." Despite the flourishes, Ettori said Red Lobster isn't charting a course toward an upscale future...
...just one small step in the transformation that is urgently needed at Darden," Starboard chief executive Jeffrey Smith said in a statement. "To be clear, the company still requires a major overhaul at the board level."
This decision to sell was actually announced in May, but was just recently completed on Monday. Clarence Otis net worth said, "With the Red Lobster sale complete and progress on our Olive Garden brand renaissance and other strategic priorities underway, this is the right time for me to step down."

More Content

All (893) | News (635) | Reports (0) | Blogs (218) | Audio/Video (3) | Fact Sheets (1) | Press Releases (35)
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Stocks Lower As Earnings Season Takes Back Seat... [Published Fat Pitch Financials - 27 mins ago]
Stocks Lower As Earnings Season Takes Back Seat... [Published Benzinga.com - 29 mins ago]
Joel Bulger Named Chief Marketing Officer at Jo... [Published BusinessWeek - 30 mins ago]
Private Equity Curbed Its Appetite for Consumer... [Published WSJ.com: Private Equity Beat - 35 mins ago]
Darden CEO Steps Down as New Red Lobster Owner ... [Published Brandchannel.com - 36 mins ago]
Stocks flat, but watch UPS and Apple [Published AdBanks.net - 1 hour ago]
Red Lobster bets on fancier-looking plates [Published CNN Money - 1 hour ago]
Red Lobster Aims For An Elusive Catch: The Upsc... [Published Fast Company - 1 hour ago]
Darden investor responds to ‘overdue’ resignati... [Published Business First of Buffalo - 1 hour ago]
Midday Market Update and Stock Scanning for Jul... [Published Self Directed Investor - 2 hours ago]
6 stocks soar after CEOs walk out the door [Published USA Today - 2 hours ago]
Millennials: Are Your Favorite Brands Influenci... [Published Capital Eye - 2 hours ago]
Darden Restaurants CEO Steps Down After Red Lob... [Published Value Walk - 3 hours ago]
​Can Darden rebound after selling Red Lobster? [Published CBS News - 3 hours ago]
ARCP Reels in Red Lobster SLB; Darden Chief Bow... [Published GlobeSt.com - 3 hours ago]
Clarence Otis Net Worth Goes Down as He Steps D... [Published Travelers Today - 3 hours ago]
Red Lobster to end discounting in quality push [Published Undercurrent News - 3 hours ago]
IN BRIEF - Omega Protein Announces Second Quart... [Published Fish Information & Services - 3 hours ago]
Darden CEO Steps Down [Published Network Journal - 4 hours ago]
Sector Update: Consumer Stocks Holding Small... [Published Nasdaq - 4 hours ago]
Olive Garden update: How designers tackled the job [Published Orlando Sentinel - 4 hours ago]
Stocks flat, but watch UPS and Apple [Published WCTI12.com - 4 hours ago]
Stock Investors Bid Up Shares of Darden Restaur... [Published Individual.com - 4 hours ago]
Restaurant companies shares up at 10 a.m. [Published FOXBusiness.com - 4 hours ago]
Darden Restaurants Price Target Cut to $44.00 b... [Published American Banking News - Stock Ratings - 4 hours ago]
Darden's CEO Search Needs to Find Fresh Ideas f... [Published BusinessWeek - 4 hours ago]
Jim Cramer's Mad Dash: Darden Restaurants Can M... [Published Philly.com - 4 hours ago]
Darden CEO Steps Down, Investors Respond Genero... [Published Bidness Etc - 4 hours ago]
Darden Restaurants (DRI) gains as CEO quits [Published Nations Restaurant News - 4 hours ago]
Is This Hot New Stock The Next Chipotle? [Published StreetAuthority - 5 hours ago]
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Blogs

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Private Equity Curbed Its Appetite for Consumer... [Published WSJ.com: Private Equity Beat - 35 mins ago]
Bloomberg News/Victor J. Blue The second quarter was full of super-sized food and beverage deals, but it appears private equity firms opted for smaller portions. Private equity deal making in the retail and consumer sector dropped during the second ...
Stocks flat, but watch UPS and Apple [Published AdBanks.net - 1 hour ago]
br /> The summer doldrums appear to be officially here. Stocks didn’t do much Tuesday — a day after the market was mostly spinning its wheels. The Dow, the SP 500 and Nasdaq were mixed (but mostly unchanged) in late afternoon trading. But ...
Millennials: Are Your Favorite Brands Influenci... [Published Capital Eye - 2 hours ago]
The buying power of Americans born between 1980-2000 is on the rise, but do they know whether their favorite brands are spending profits in the political sphere? (Dominic Lipinski/AP Wire) Studies have confirmed several statistics about the group ...
Expect More Change At Darden After CEO Departure [Published BARRONS.com Stocks To Watch Today - 6 hours ago]
The Wall Street Journal As Darden bows to the demands of activist shareholders,  expect more big changes. Shares of Darden Restaurants (DRI) are up more than 3% today after the company said it would send current CEO and Chairman Clarence Otis to greener ...
Morning Movers: BP, UPS, Drugmakers [Published BARRONS.com Stocks To Watch Today - 7 hours ago]
Bloomberg Clarence Otis, the outgoing CEO at Darden Restaurants. It’s a busy day for earnings reports, and many are not sitting well with traders. Russia’s bad behavior is having an impact on integrated oil giant BP (BP), which warned that increasing ...
1 2 3 4 5 6 7 8 9 10 ...

Audio/Video

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A Body Slam For WWE Stock [Published Wall Street Journal What's News - May 16 2014]
Breakingviews: Red Lobster tale [Published Reuters Video: Top News - Feb 25 2014]
Breakingviews: Red Lobster tale [Published Reuters Video: Business - Feb 25 2014]
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Press Releases

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Darden Completes Sale Of Red Lobster To Golden ... [Published Financial Services - Jul 28 2014]
Starboard Delivers Letter to Darden Board [Published Financial Services - Jul 15 2014]
Darden Announces Pricing for its Cash Tender Of... [Published Financial Services - Jul 14 2014]
Critical Alerts For SunEdison, Twitter, Gilead ... [Published Financial Services - Jul 14 2014]
PAREXEL International, Darden Restaurants, Bake... [Published Financial Services - Jul 10 2014]
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