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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:07 EDTDRIDarden sees Q3 EPS 82, consensus 93c
The company estimates that lower sales and higher direct costs associated with more severe winter weather than last year adversely affected diluted net earnings per share for this year's third quarter by approximately 7c. The Company also estimates that legal, financial advisory and other costs associated with implementation of the strategic action plan it announced in December 2013 reduced diluted net earnings per share for the third quarter by approximately 6c. Darden expects U.S. same-restaurant sales for the third quarter to increase 0.3% at LongHorn Steakhouse, decline 5.4% at Olive Garden and decline 8.8% at Red Lobster. The Company estimates that blended U.S. same-restaurant sales for the third quarter for its Specialty Restaurant Group will be down approximately 0.7%.
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August 28, 2014
14:11 EDTDRIStarboard urges Darden shareholders vote for board nominees
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August 26, 2014
06:33 EDTDRIBurger King wants merger despite problems with dining combos, NY Times says
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