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Wednesday, April 7, 2010 as of 11:14 AM ET

Darden Restaurants

Darden Restaurants, Inc. () is a multi-brand restaurant operator headquartered in an unincorporated area in Orange County, Florida, near Orlando.

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Services Sector Wrap

The Services sector (IYC) held steady on a trading day that saw S&P 500 drop 0.

4%.Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month. At the start of trading today, IYC was down 2.3% over the last thirty trading days while the S&P 500 was down 4.5%.Millennial Media (NYSE:MM) was a major loser in the sector. Its price dropped 14.6% (-$1.96) to close at $11.44, as 1.5 million shares moved. The stock traded between $10.98 and $13.62.Stratus Properties (NASDAQ:STRS) was a major gainer in the sector, rising 13.7% (+$1.12) to close at $9.30 with 1,498 shares moving. The stock traded in a range of $8.12 to $9.30.AutoZone (NYSE:AZO) rose 1.7% to close at $388.87, cross its 50-day moving average of $383.97 and 200-day moving average of $358.11.Blue Nile (NASDAQ:NILE) rose 3.1% to close at $29.95, approaching its 50-day moving average of $30.50. It has also moved closer to its 200-day moving average of $35.4...

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  1. Darden Restaurants Increases Profit By 8%

    Darden Restaurants Inc. said Friday its third-quarter profit increased to $164.1 million, or $1.25 a share, from $151.7 million, or $1.08 a share, in the year-ago pe...

  2. Technology Revamp On Order At Olive Garden , Red Lobster Chains

    Olive Garden and Red Lobster are getting a technology makeover, as parent company Darden Restaurants Inc. (DRI) fights to stay relevant with younger guests and its o...

  3. Darden Restaurants Projects Strong 3Q Earnings

    Darden Restaurants (NYSE:DRI) said Thursday that it projects earnings for the fiscal third quarter of $1.23 to $1.25 a share, better than the $1.19 that Wall Street ...

  4. Markets Cap Ugly Week With Muted Finale

    FOX Business: The Power to ProsperFailing to prevent a second-straight bearish week on Wall Street, U.S. markets reached the finish line with a mixed verdict on Frid...

  5. Blue Chips Hug Flatline After Fitch Warning

    FOX Business: The Power to ProsperThe Dow clung to the unchanged mark and Nasdaq Composite remained in the green Friday afternoon as Wall Street attempts to overcome...

  6. Buying Builds Momentum as Bank, Tech Stocks Rally

    FOX Business: The Power to ProsperU.S. stocks posted solid gains Friday as Wall Street looks to gain back some of this week's heavy losses and traders cheer rallying...

  7. Slumping Olive Garden Sinks Darden's 2Q

    Darden Restaurants (NYSE:DRI) disclosed on Friday an in-line 28% drop-off in fiscal second-quarter profits due to deteriorating sales at its Olive Garden restaurants...

  8. Olive Garden Eats into Darden Earnings Forecast

    Darden Restaurants (NYSE:DRI) took an axe to its 2012 financial projections and issued a gloomy forecast for the current quarter amid weakness at its Olive Garden re...

  9. Darden See Q2 Earnings Under Wall Street View

    Darden Restaurants Inc. said on Tuesday that it expects to earn 41 cents a share in its fiscal second quarter ended November 27. It further revealed that it expects ...

  10. Starbucks CEO saw no summer weakness

    By Lisa BaertleinLOS ANGELES (Reuters) - Starbucks Corp's <SBUX.O> business is "still very strong" despite months of economic turmoil that has weakened sales at othe...

  11. Markets Give Back Early Gains

    FBN’s Charles Payne breaks down the stories moving the markets early in the trading day.

  12. Olive Garden Parent Darden Reveals Weaker Profit

    Darden Restaurants (NYSE:DRI) reported a 6% drop in first-quarter profit on weaker-than-expected growth at its Olive Garden stores, and while the company confirmed i...

  1. Darden Restaurants , Radware Among Stocks Hitting 52-Week Highs Wednesday

    Here are nine stocks that reached 52-week highs:While trading on above-average volume, Darden Restaurants (NYSE:DRI) climbed today, reaching and then surpassing its ...

  2. SINA Corporation, Darden Restaurants Included in Stocks Up on High Volume Wednesday

    A few stocks are up on high volume today:SINA Corporation (NASDAQ:SINA) is seeing its price rise on above-normal volume today, as 6.9 million shares, 3.1 times the s...

  3. Panera COO Maguire Resigns, To Become Friendly's CEO

    DOW JONES NEWSWIRESPanera Bread Co. (PNRA) said its Chief Operating Officer, John Maguire, has resigned to become the chief executive of Friendly's Ice Cream LLC, ma...

  4. Michael Kors, KB Home Among Stocks Down on High Volume Friday

    There are a few stocks that are down on high volume today:Today, Michael Kors Holdings Ltd ( KORS ) is down on high volume, trading at a volume of 12.8 million, or 4...

  5. Darden Restaurants Down After Earnings Release

    FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.

  6. Darden's 4Q Net Jumps 8.5% as Olive Garden Stabilizes

    Lifted by signs of life at its struggling Olive Garden restaurants and warm weather, Darden Restaurants (NYSE:DRI) narrowly beat the Street on Friday with an 8.5% ju...

  7. Bank of America Testing New Foreclosure Program

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

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