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Stock Market & Financial Investment News

News Breaks
September 27, 2012
06:02 EDTSHLD, DRISears, Darden make major changes to healh coverage for employees, WSJ reports
Sears Holdings (SHLD) and Darden Restaurants (DRI) plan key changes in the way they provide health benefits to their workers, giving employees a fixed sum of money and allowing them to choose their medical coverage and insurer from an online marketplace, reports the Wall Street Journal. They say the change is intended to put more control over health benefits in the hands of employees. The approach will be closely watched by firms around the U.S. Reference Link
News For SHLD;DRI From The Last 14 Days
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June 19, 2013
07:39 EDTDRIDarden risk/reward favorable, says Oppenheimer
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June 18, 2013
07:19 EDTSHLDEyefortransport to hold a summit
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June 14, 2013
07:35 EDTSHLDSears cuts two Canadian stores near Toronto, Globe and Mail reports
Sears Canada (SHLD) is selling leases of two of its high-profile stores back to their landlords for $191M plus options on a third store for $1M that could raise another $53M within five years, reports the Globe and Mail. The moves come as Sears races to revive its struggling business amid intensifying competition in Canada and the arrival of Target (TGT), which started to open its first stores here in March, and Nordstrom (JWN), which launches in Canada next year.Reference Link
June 11, 2013
09:12 EDTDRIRuby Tuesday appoints Burrowes as President, Ruby Tuesday Concept, COO
Ruby Tuesday (RT) announced the appointment of Todd Burrowes as President, Ruby Tuesday concept and Chief Operations Officer. Burrowes joins Ruby Tuesday after spending the past five years as the Executive Vice President of Operations for LongHorn Steakhouse, a portfolio brand of Darden Restaurants (DRI).

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