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red lobster to be sold by darden

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red lobster to be sold by dardenSpeculation Grows that Red Lobster will Be Sold or Spun Off The publicly traded company known as Darden Restaurants owns notable restaurants such as Red Lobster, Olive Gardens, and Longhorn Steakhouse. However, since the time of the 2008 banking crisis, […]

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Source: Market News Video - on December 19, 2013

News video: Darden Guides Lower for Fiscal 2014; Red Lobster On The Block

Darden Guides Lower for Fiscal 2014; Red Lobster On The Block

This morning, Darden Restaurants (DRI) reported fiscal second quarter earnings of $19.8 million, or 15 cents per share, as revenue climbed to $2.05 billion. Excluding one-time items, the company would have earned 20 cents per share, matching Wall Street estimates.

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