Darden Restaurants Inc. (NYSE: DRI) said Thursday morning that it plans to hold a tax-free spin-off of its Red Lobster restaurants and that it would consider an outright sale of the chain.
courtesy of Wal-Mart Stores Inc.This summer, thousands of fast-food workers in the United States went on strike in cities across the country, demanding their wages be increased to $15 an hour and…
ThinkstockFor the past year and a half, top hotel, restaurant and leisure stocks have surged on investor interest and very positive sentiment from Wall Street analysts. In a research report out today, the…
U.S. equity markets opened higher this morning after yesterday’s bloodbath. There was no economic data of note released today in either Asia or the U.S. In Europe, the eurozone’s current account surplus…
ThinkstockDarden Restaurants Inc. (NYSE: DRI) reported fourth-quarter and full-year 2013 results before markets opened this morning. The operator of Red Lobster, Olive Garden and other restaurant chains reported quarterly diluted earnings per…
Paul Ausick U.S. equity markets opened lower this morning adding to yesterday’s carnage following the FOMC announcement yesterday. The widespread belief that sometime this year the Fed will start reducing its $85 billion in…
U.S. equity markets opened higher this morning and trading stayed positive territory all day. No solution has yet been agreed to the Cyprus banking crisis (more coverage here), but the delay has…
U.S. equity markets opened lower this morning and trailed slowly downward all day. The situation in Cyprus was unchanged this morning (more coverage here). In Europe, both manufacturing and non-manufacturing PMI fell…
U.S. equity markets opened lower this morning following a number of disappointing data releases in Europe and Asia. Eurozone PMI remains on the pessimistic side, with a reading of 47.9, and the…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Air Lease Corp. (NYSE: AL) named Bull of the Day as “earnings takeoff”…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) raised to Outperform with $15 price target at…
U.S. equity markets opened higher this morning and maintained their upward momentum for essentially the whole day. Lacking any really bad news from Asia or Europe, U.S. markets shrugged off a weaker…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) cut to Hold at Argus. Amicus Therapeutics…
U.S. equity markets opened higher this morning and got another boost following a meeting between President Obama and House Speaker John Boehner to discuss a solution to the impending fiscal cliff. In…
The Federal Reserve will begin a new round of bond buying in hopes of stimulating the economy. (Reuters) China shares reached a quarter-long high as government policy initiatives buoy investors. (Reuters) Nokia…
