Red Lobster

Shares of both Darden Restaurants (NYSE: DRI) and American Realty Capital Properties (NASDAQ: ARCP) are seeing some activity in Friday's premarket amid news the former will sell its Red Lobster unit and the latter will purchase the unit's real estate assets. Darden Restaurants said it has agreed...

Between restaurant brand powerhouses Bloomin’ Brands (NASDAQ: BLMN) and Darden Restaurants (NYSE: DRI) can be found some of the most ubiquitous restaurant chains in the United States. Bloomin’ is home to such notable dining establishments as its flagship Outback Steakhouse brand,...

U.S. stocks declined as investors continue to question China's growth prospects following Monday's shocking report that its exports had tumbled in February. Certainly not helping investor sentiment is the fact that Crimea's parliament voted to declare independence from Ukraine. This weekend,...

U.S. stocks traded lower as investors worry Russia's next step in its use of military force in Ukraine. The Dow saw its worst day in a month while other major indices finished noticeably lower. Investors moved away from equities and found what is believed to be a safe haven in gold and other...

U.S. stocks rose as investors as the S&P 500 traded at new historical highs and clearing its 2014 losses. Investors shrugged off disappointing earning reports and economic data and chose to focus on several prominent merger and acquisition activities. The S&P 500 hit a new intra-day...

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...

Major indices barely budged Thursday following yesterday's monster rally after the Fed announced it will begin tapering. Overall volume was below average which is typical in the final trading days of the year. Next week will be shortened as investors break for Christmas and a week later for new...

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-...

Darden Restaurants, Inc. (NYSE: DRI), which operates the Olive Garden, Red Lobster and LongHorn Steakhouse chains, reported that during its fiscal 3rd quarter, same-store sales were up 1.3%, or 0.5% if Thanksgiving week is not counted, an improvement over last year's industry-wide 4.3% decline....