Darden Restaurants Inc (DRI.N)
12 Dec 2013
|Market Cap (Mil.):||$6,720.35|
|Shares Outstanding (Mil.):||130.57|
Nov 21 - Activist investor Barington Capital Group accelerated its push for change at restaurant chain and Olive Garden parent Darden Restaurants Inc on Thursday.
Nov 21 - Activist investor group Barington Capital Group said on Thursday it is working with investment bank Houlihan Lokey as it attempts to push for change at restaurant chain Darden Restaurants Inc.
Oct 17 - Olive Garden and Red Lobster parent Darden Restaurants Inc should break itself up and explore spinning off its real estate properties, activist investor Barington Capital Group said in a letter on its website on Thursday.
Oct 9 - Hedge fund Barington Capital Group LP is pushing for Olive Garden parent Darden Restaurants Inc to split into two separate companies, the Wall Street Journal reported citing people familiar with the matter.
Sept 20 - Darden Restaurants Inc reported dismal quarterly results on Friday as the casual dining restaurant sector that includes its Olive Garden and Red Lobster chains turned in its weakest sales at established restaurants in more than three years.
- U.S. health authorities have traced at least one source of an intestinal bug that has sickened more than 400 people in 17 states to salad greens supplied to restaurants by a company in Mexico.
Aug 2 - U.S. health authorities have traced at least one source of an intestinal bug that has sickened more than 400 people in 17 states to salad greens supplied to restaurants by a company in Mexico.
(The following statement was released by the rating agency) CHICAGO, June 26 (Fitch) Fitch Ratings has affirmed the ratings of Darden Restaurants, Inc. (Darden; NYSE:DRI) as follows: --Long-term Issuer Default Rating (IDR) at 'BBB'; --Bank credit facilities at 'BBB'; --Senior unsecured notes at 'BBB'; --Short-term IDR at 'F2'; --Commercial Paper (CP) at 'F2'. The Rating Outlook is Negative. At May 26, 2013 Darden had approximately $2.7 billion of total debt. KEY RATING DRIVERS: Darden's rati
* Company sees slow economic recovery hurting its business
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