Soft Sales at Red Lobster Sink Darden's Earnings
Consumers' increasing preference for fast-food outlets such as Chipotle and Panera take a toll on Darden's third-quarter earnings.
Consumers' increasing preference for fast-food outlets such as Chipotle and Panera take a toll on Darden's third-quarter earnings.
From Fedex reporting earnings to BlackBerry finally bringing the Z10 smartphone to America, there will be plenty happening to move the markets in the week ahead.
Darden Restaurants, struggling to draw more customers into its Olive Garden, Red Lobster, and LongHorn Steakhouse restaurants, said Friday that its third-quarter profit could fall below Wall Street's expectations and cut its outlook for the year.
Here are some items that will shape the week that lies ahead on Wall Street. Drug stores, Darden Restaurants, and uniform seller Cintas all report earnings -- each a bellwether in its own way; Cisco looks to sell Linksys; and holiday shoppers hit the home stretch.
Veterans Day is this Sunday, and more than a few companies are paying their respects to our vets with special offers. Here are a few of the best deals that retailers and restaurants are offering, including many freebies for veterans and active-duty military members.
The company behind Red Lobster and Olive Garden -- as well as the smaller LongHorn Steakhouse, Capital Grille, and Bahama Breeze concepts -- saw its stock hit a new all-time high on Friday after it posted better-than-expected quarterly results. But trends at its two most important restaurants are cause for concern.
If you're finding it a bit easier to snag a table at your favorite restaurant lately, don't go crediting your debonair charm or your glowing Yelp review. Eateries really are less crowded these days.
As the economy improves, Americans have begun splurging again. But they're limiting their indulgences to haircuts, casual dining and coffee, while continuing to forego many bigger expenditures, like vacations and dining at expensive restaurants.
Spending for the lovers' holiday this year is expected to climb 5.8% over 2009, and that spells opportunity for investors. Here are some greeting card, candy, jewelry, flower and restaurant stocks that could get a lift from sweethearts looking for that special something.













