New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 15, 2014
09:03 EDTDRIDarden retains Russell Reynolds for CEO search
Darden announced that it has retained global executive search firm Russell Reynolds Associates to assist the company with the recruitment of its next CEO. As previously announced, Clarence Otis is stepping down as Chairman and Chief Executive Officer of Darden. To ensure a smooth transition, Charles Ledsinger has been appointed Independent Non-Executive Chairman of the Board, and Otis has agreed to continue serving as Chief Executive Officer of Darden until the earlier of the appointment of his successor or December 31. Ledsinger is leading the search along with the Board's Nominating and Governance Committee, which consists solely of independent directors. Russell Reynolds Associates will work closely with the Committee and the Darden board.
News For DRI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 16, 2014
18:19 EDTDRIOn The Fly: After Hours Movers
UP AFTER EARNINGS: Dave & Buster's (PLAY), up 7.3%... Darden Restaurants (DRI), up 1.6%. ALSO HIGHER: Auspex Pharmaceuticals (ASPX), up 66.5% after Phase 3 trial of SD-809 met primary efficacy endpoint... Cerus (CERS), up 26.6% after FDA approves Intercept Blood System... American Apparel (APP), up 8.6% after terminating Dov Charney for cause. DOWN AFTER EARNINGS: Heico (HEI), down 1%. ALSO LOWER: Cliffs Natural (CLF), down 10% after price target cut to $1 from $10 at Credit Suisse... Linn Energy (LINE), down 3% after being downgraded to Neutral from Outperform at RW Baird.
17:56 EDTDRIDarden up 1.54% after reporting Q2 results, narrows FY15 EPS view
Subscribe for More Information
16:12 EDTDRIDarden reports Q2 Olive Garden SSS were up 0.5%
Subscribe for More Information
16:10 EDTDRIDarden narrows FY15 EPS view to $2.25-$2.30 from $2.22-$2.30, consensus $2.26
This reflects the expectation that the company's combined U.S. same-restaurant sales growth this fiscal year will be 1% to 2% and the impact of a 53rd operating week in the fiscal year. The current earnings expectations for the year also reflect anticipated support cost savings of $10M from the support cost reductions announced in the second quarter offset by cost pressures related to beef and dairy.
16:07 EDTDRIDarden reports Q2 EPS 28c, consensus 27c
Subscribe for More Information
15:42 EDTDRINotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include HEICO (HEI), consensus 46c; Darden Restaurants (DRI), consensus 27c; Five Star Quality Care (FVE), consensus (3c).
December 15, 2014
15:21 EDTDRINotable companies reporting before tomorrow's open
Subscribe for More Information
15:15 EDTDRIDarden technical comments before earnings
Subscribe for More Information
10:00 EDTDRIOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:41 EDTDRIDarden December volatility elevated into Q2 and outlook
Subscribe for More Information
08:16 EDTDRIDarden upgraded at Telsey Advisory
Subscribe for More Information
06:08 EDTDRIDarden upgraded to Market Perform from Underperform at Telsey Advisory

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use