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Darden Restaurants News

News on Darden Restaurants (Ticker: DRI) continually updated from thousands of sources around the net.

5 hrs ago | TheStreet.com

Toys 'R' Us Bondholders Form Group to Seek Covenant Relief

NEW YORK -- Certain bondholders of Toys 'R' Us Inc. have formed a group to seek covenant modifications with a goal of making refinancing for the retailer easier, according to a bondholder.

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Related Topix: Toys R Us, Retail, Restaurant Management, Business News

13 hrs ago | Seeking Alpha

American Realty Capital Properties: A Good Value That Is Gaining Strength

ARCP's stock price has struggled since announcing its deal to purchase real estate leased by Red Lobster restaurants due at least in part to concerns about Red Lobster's viability; A newly disclosed document issued by the former owner of Red Lobster, however, suggests that Red Lobster's problems are fixable; In May 2014, American Realty Capital ... (more)

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Related Topix: Seafood, Life, Food, Restaurant Management

Thu Aug 21, 2014

Examiner.com

Seasons 52 finally makes it to 5280

For a market that is consistently rates as one of the healthiest and thinnest and smartest communities in the country, I am surprised it took this long for this concept to appear in Denver.

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Related Topix: Life, Dining, Restaurant Management

Seeking Alpha

One Way Or Another, Change Is Coming To Darden Restaurants

Even if they don't get control, they'll have at least three board seats and there will be a new CEO in place by December 31. Darden Restaurants has been an underperformer over the past three years.

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Related Topix: Restaurant Management

Wed Aug 20, 2014

AmericanBankingNews.com

Darden Restaurants Sees Unusually Large Options Volume

Shares of Darden Restaurants were the target of unusually large options trading on Wednesday.

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Related Topix: Restaurant Management

Bloomberg

Sandell Says It Won Five Seats on Bob Evans' Board

Activist investor Sandell Asset Management Corp. said it won at least five seats on Bob Evans Farms Inc. 's board after an 11-month proxy fight, where it has pushed to monetize assets of the restaurant chain.

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Related Topix: Restaurant Management, Bob Evans Farms, US News

Tue Aug 19, 2014

Insider Monkey

MeadWestvaco Corp. (MWV), Darden Restaurants Inc. (DRI), Office Depot ...

Starboard Value LP , managed by Jeffrey Smith , recently filed a Form 13 with the U.S. Securities Exchange Commission.

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Related Topix: Manufacturing, MeadWestvaco, Industrial Machines, Paper, Restaurant Management, Office Equipment, Office Depot, Retail

Seeking Alpha

Wal-Mart: Where Is The Company Investing?

Wal-Mart is a buy at current prices: moderate growth can be expected due to well thought out investments in capex, price and staffing.

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Related Topix: Retail, Wal Mart Stores, Restaurant Management

Foster's Daily Democrat

Allen attends Restaurant Assoc. summer institute

While school was out this summer, ProStart educators honed their culinary skills at the National Restaurant Association Educational Foundation's 2014 Summer Institutes , a series of weeklong professional development workshops held at the country's leading culinary schools.

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Related Topix: Rochester, NH, Restaurant Management, Somersworth, NH

Mon Aug 18, 2014

Business Journal

Darden hires search firm to find new CEO

Darden Restaurants has hired an executive search firm to find a new CEO to replace former chairman and CEO Clarence Otis.

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Related Topix: Restaurant Management, Russell Reynolds Associates, Human Resources

Fri Aug 15, 2014

Sys-Con Media

Darden Retains Russell Reynolds Associates For CEO Search

As previously announced, has been appointed Independent Non-Executive Chairman of the Board, and Mr. Otis has agreed to continue serving as Chief Executive Officer of Darden until the earlier of the appointment of his successor or Mr. Ledsinger is leading the search along with the Board's Nominating and Governance Committee, which consists solely ... (more)

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Related Topix: Restaurant Management, Russell Reynolds Associates, Human Resources

Thu Aug 14, 2014

Forbes.com

Powerful Billionaire Activist Hedge Funds Are Bearish On These Four Stocks

Academic studies from Harvard, Duke and NYU have documented that activist-owned stocks can generate a 20% annualized excess return above the S&P 500.

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Related Topix: Financial Markets, Restaurant Management

The Orlando Sentinel

Challengers take on incumbents for Eustis commission

Mayor Linda Bob, 58, who holds Seat 1, is facing former commissioner Dr. James Rotella.

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Related Topix: Eustis, FL, Restaurant Management, Mount Dora, FL, Lake County, FL

Wed Aug 13, 2014

Business Journal

Darden unloads Tampa area Red Lobster real estate

Three Tampa Bay Red Lobster restaurants have changed hands as part of a $1.5 billion sale-leaseback agreement.

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Related Topix: Restaurant Management, Tampa, FL

Sys-Con Media

National Restaurant Association Educational Foundation's Summer...

In addition to supporting the ProStart program and the Summer Institutes, the Darden Restaurants, Inc. Foundation invested "The NRAEF's Summer Institutes give ProStart educators the opportunity to learn the latest culinary trends and techniques shaping the industry today - from global cuisine to sustainability," said , executive vice president, ... (more)

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Related Topix: Restaurant Management

Reuters

UPDATE 1-Saudi's Savola says started initial talks on acquiring Kuwait's Americana

Major Saudi food producer Savola Group said on Wednesday it had begun preliminary talks on a potential acquisition of Kuwait Food Co , one of the Middle East's largest food companies.

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Related Topix: Restaurant Management

Tue Aug 12, 2014

Reuters

Darden board vulnerable as activists circle -analysts

Darden Restaurants Inc's board looks vulnerable to a key activist shareholder's push for a shakeup that could pave the way for broader changes at the underperforming owner of Olive Garden and LongHorn Steakhouse.

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Related Topix: Restaurant Management

KXVO

Olive Garden And Redbox Partner For 'Dinner And A Movie' Promotion

Starting today, participating guests will enjoy an entree at the restaurant and get a second entree to enjoy at home with a Redbox movie.

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Related Topix: Life, Food, Dining, Marketing, Restaurant Management

Mon Aug 11, 2014

AmericanBankingNews.com

Darden Restaurants Receives New Coverage from Analysts at Goldman Sachs

The firm set a $500.00 price target on the stock. Shares of Darden Restaurants opened at 47.21 on Monday.

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Related Topix: Restaurant Management

Bellingham Herald

Darden provides quarterly earnings forecasts

The company expects to retire the remaining $100 million of debt later this month.

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Related Topix: Restaurant Management

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