Daily Stocks News » DRI

Darden Restaurants Q1 Results Fall Short of Expectation, Shares Plunge

Warren Paige — Fri, 20 Sep 2013 17:57:16 +0000

Parent Company of Olive Garden and Red Lobster, Darden Restaurants Inc. (NYSE: DRI) said on Friday that fiscal first quarter earnings fell sharply as rising labor and food costs dented margin even as the restaurant operator’s biggest chain did not fare well. For the period which ended Aug. 25, same-store-sales at Olive Garden fell 4% [...]

Major Movers on June 21; ZNGA, ORCL, KMX, DRI, THRX

Warren Paige — Fri, 21 Jun 2013 18:51:31 +0000

Shares of Zynga Inc. (NASDAQ: ZNGA) plunged about 4.65% by afternoon trade. Morgan Stanley’s analyst Scott Devitt downgraded the social game maker’s stock to “underweight” from “overweight”. The research reports said that the popularity of its titles such as “FarmVille” “Poker” was fading fast as the competition was rising, adding that Zynga still relies far [...]

Major Movers on December 4; GALE, PBY, MTN, GERN, DRI

Warren Paige — Tue, 04 Dec 2012 18:32:56 +0000

Galena Biopharma Inc (NASDAQ: GALE) shares rallied on Tuesday after the company announced that it has signed an agreement with a subsidiary of Teva Pharmaceutical Industries Limited for the commercialization of NeuVax nelipepimut- in Israel.

Galena Biopharma, a Portland, Oregon-based biopharmaceutical company which focuses on innovative oncology treatments that tackles major unmet medical needs [...]

Darden Restaurants Shares Gain on Strong Q1 Results (DRI)

Warren Paige — Fri, 21 Sep 2012 18:29:27 +0000

Shares of Darden Restaurants Inc. (NYSE: DRI), owner and operator of restaurants, are gaining in trading today after the company reported strong first-quarter results. DRI also declared a quarterly cash dividend of $0.50 per share.

DRI reported net earnings from continuing operations of $0.85 per share for the quarter ended August 26, 2012, compared [...]