5 hrs ago
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.
13 hrs ago
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)
Thu Aug 21, 2014
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.
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.
Wed Aug 20, 2014
Darden Restaurants Sees Unusually Large Options Volume
Shares of Darden Restaurants were the target of unusually large options trading on Wednesday.
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.
Tue Aug 19, 2014
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.
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.
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.
Mon Aug 18, 2014
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.
Fri Aug 15, 2014
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)
Thu Aug 14, 2014
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.
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.
Wed Aug 13, 2014
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.
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)
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.
Tue Aug 12, 2014
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.
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.
Mon Aug 11, 2014
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.
Darden provides quarterly earnings forecasts
The company expects to retire the remaining $100 million of debt later this month.