All Posts Tagged With: "DRI"

(PNRA) Panera Bread’s COO Steps Down

Panera Bread Co. (PNRA) has recently announced that effective May 31, 2012, John Maguire will no longer serve as the Executive Vice President and Chief Operating Officer (COO) of the company. Maguire resigned...

24Apr2012 | | Comments Off | Continued

(RPI) Restaurant Industry Stock Review – March 2012 – Industry Outlook

The restaurant industry appears well positioned for gradual improvement in the first half of 2012. The global economy had been affected by challenges mainly in the second half of 2011 due to concerns about the nagging sovereign debt issues in Europe and the health of the U.S....

14Mar2012 | | Comments Off | Continued

(DRI) Darden Restaurants Incorporated – Bear of the Day

Although Darden Restaurants, Inc. (DRI) registered improving blended comparable restaurant sales for the last few quarters, recent woes at Olive Garden continue to nag the company. Stiff competition resulting...

18Jan2012 | | 0 comments | Continued

(DRI) Darden Restaurants Incorporated – Bear of the Day

Although Darden Restaurants, Inc. (DRI) registered improving blended comparable restaurant sales for the last few quarters, recent woes at Olive Garden continue to nag the company. Stiff competition resulting...

11Jan2012 | | 0 comments | Continued

(ADBE) Company News for December 19, 2011 – Corporate Summary

•    Zynga, Inc. (NASDAQ:ZNGA) made its debut on the Nasdaq and dropped 5.0% to $9.50. The company’s initial public offering was priced at $10.00 per share

•    Shares of Adobe Systems Inc. (NASDAQ:

19Dec2011 | | 0 comments | Continued

(RPI) Restaurant Industry Stock Review – November 2011 – Industry Outlook

The restaurant industry is showing improvements and seems poised for long-term growth, but concerns about the health of the U.S. economy and the nagging sovereign debt issues in Europe pose some risks to this outlook. However, if we look back at the last few months, restaurant...

23Nov2011 | | 0 comments | Continued

(DHI) U.S. Housing Starts Slip Less Than Expected

We got some fairly good news on the housing front this morning. Housing Starts fell in September to a seasonally-adjusted annual rate of 628,000 from 630,000 in August, a drop of 0.3%. But the number was much better than the expected level of 603,000. However,...

21Nov2011 | | 0 comments | Continued

(DHI) U.S. Housing Starts Down – Permits Up

Housing Starts fell in August to a seasonally adjusted annual rate of 571,000 from 601,000 in July, a decrease of 5.0%. However, the July numbers were revised lower from 604,000, so it is possible to see the decrease as 34,000, or 5.5%. The number was also slightly below the...

21Sep2011 | | 0 comments | Continued

(RPI) Restaurant Industry Stock Review – July 2011 – Industry Outlook

The restaurant industry is finally showing improvements and seems poised for long-term growth. Riding on the back of a slowly reviving U.S. economy and the consequent rise in comparable-store sales, restaurant operators have managed to post improved results in recent months....

29Jul2011 | | 0 comments | Continued

(AAPL) Company News for July 5, 2011 – Corporate Summary

•    Eastman Kodak Co. (NYSE:EK) received a mixed ruling from the U.S. International Trade Commission on its patent infringement suit against Research In Motion Limited (NASDAQ:

5Jul2011 | | 0 comments | Continued

(DRI) Darden Restaurants Meets Earnings Estimates – Hikes Dividend

Darden Restaurants Inc (DRI) posted fourth quarter 2011 earnings of $1.00 per share, in line with the Zacks Consensus Estimate, but up 23% from the year-ago quarter’s earnings of 81 cents per share.

Total...

1Jul2011 | | 0 comments | Continued

(PMI) U.S. Manufacturing Outlook Not That Bad

The busy economic docket of this first day of July notwithstanding, Stocks may not do much today ahead of the July 4th weekend. But they have done plenty lately. In fact, the sharp gains in the last few days enabled the market to recoup earlier losses and effectively break-even...

1Jul2011 | | 0 comments | Continued

(DRI) Darden Restaurants Opens LongHorn in San Antonio

LongHorn Steakhouse, operated by Darden Restaurants Inc. (DRI), recently opened a 6,200-square foot restaurant, in San Antonio, Texas. The restaurant accommodates 240 guests and is the fifth LongHorn in the...

30Jun2011 | | 0 comments | Continued

(STZ) U.S. Jobless Claims Remain High

The positive momentum in the stock market over the last few days reflected growing expectations of a positive outcome for the Greek story. Wednesday’s successful parliamentary vote, to be followed by another vote today, paves the way for the beleaguered nation to get...

30Jun2011 | | 0 comments | Continued

(DRI) Darden Restaurants 2011 Fourth Quarter Earnings Preview

Darden Restaurants Inc. (DRI) is slated to release its fourth quarter 2011 earnings on June 30, after market closes. The current Zacks Consensus Estimate is 99 cents for the fourth quarter (reflecting a year-over-year...

27Jun2011 | | 0 comments | Continued

(NKE) Money Isn’t Changing Hands Fast Enough – AAII Investor Update

Federal Reserve Chairman Ben Bernanke continues to be the enemy of savers. On Wednesday, the Boston Red Sox fan reiterated his belief that interest rates should be kept at rock-bottom levels for an extended period of time. He views this as necessary in order to keep the economy...

24Jun2011 | | 0 comments | Continued

(RPI) Restaurant Industry Stock Review – April 2011 – Industry Outlook

The restaurant industry finally seems ready to show improvements in the second half of 2011. Riding on the back of a slowly reviving U.S. economy and the consequent rise in comparable-store sales, restaurant operators have managed to post improved results in recent months....

19Apr2011 | | 0 comments | Continued

(ANR) Stock Market News for Feb 01, 2011 – Market News

Markets closed in the green on Monday as strong earnings results from Exxon Mobil (NYSE:XOM) and positive economic data help offset concerns about political unrest in Egypt.

The Dow Jones Industrial...

1Feb2011 | | 0 comments | Continued

(SSS) Restaurant Industry Stock Review – January 2011 – Industry Outlook

The restaurant industry finally appears well positioned for gradual improvement in the first half of 2011. The industry had been depressed by extremely tough challenges since the end of 2009 from the economic turmoil that resulted in weak labor and tight credit markets, resulting...

11Jan2011 | | 0 comments | Continued

(SBUX) Starbucks Analyst Maintains Neutral Rating on Shares

We currently reiterate our Neutral recommendation on Starbucks Corporation (SBUX).

Seattle, Washington-based Starbucks registered robust results for the fourth quarter and full year 2010. Adjusted...

27Dec2010 | | 0 comments | Continued

(CPKI) California Pizza Kitchen Expands

Los Angeles-based California Pizza Kitchen Inc. (CPKI), which currently owns and operates 207 restaurants and franchises 56 restaurants, is on track to open three company-owned full service restaurants in...

20Dec2010 | | 0 comments | Continued

(WMT) Case-Schiller Index Shows Home Prices Falling Again

Home prices are falling again. This morning, the Case-Schiller Index data for August (actually a three month average of June, July and August) was released. For the month, on a seasonally adjusted basis, the composite 10 city index (C-10) fell 0.17% while...

3Nov2010 | | 0 comments | Continued

(DRI) Darden Restaurants Signs Middle East Development Agreement

Florida-based Darden Restaurants Inc. (DRI) recently announced that it has inked a development agreement with food service franchise operator, Americana Group of Kuwait to enter the Middle East market. Americana...

23Oct2010 | | 0 comments | Continued

(CAKE) Cheesecake Factory Opens Bridgewater Restaurant – Plans Growth

California-based Cheesecake Factory Inc. (CAKE) announced that it had opened a Cheesecake Factory restaurant at the Bridgewater Commons in Bridgewater, New Jersey on August 23. The new 8,500 square feet Bridgewater...

3Oct2010 | | 0 comments | Continued

(MCD) July 2010 New Home Sales in Context

The shockingly low rate of New Home Sales in July needs to be put into context. The only problem is that the context only makes things seem worse than the raw numbers do.

The 276,000 annual rate of New Home Sales was the lowest on record, and the record goes back to...

29Aug2010 | | 0 comments | Continued

(DHI) U.S. Housing Starts Still Weak

In July, Housing Starts rose to a seasonally-adjusted annual rate of 546,000, an increase of 1.7% over the 537,000 rate in June. However, the June rate was revised down from 549,000 so, relative to where we thought we were yesterday, it is a decline of 0.5%....

17Aug2010 | | 0 comments | Continued

(SSS) Restaurant Industry Review – August 2010 – Industry Outlook

The second half of 2010 should continue to bring gradual improvements to restaurant industry fundamentals. The industry faced extremely tough challenges through the end of 2009 due to the economic turmoil that resulted in weak labor and tight credit markets, resulting in...

5Aug2010 | | 0 comments | Continued

(DHI) U.S. New Home Sales Impress! $$

New Home Sales jumped 14.8% in April to a seasonally adjusted annual rate of 504,000. That easily beat expectations for a rise to 425,000.

Well actually, after the revisions, that would not be a rise. The March numbers were revised sharply higher to...

26May2010 | | 0 comments | Continued

(BJRI) Restaurant Industry Stock Review – May 2010 – Industry Outlook

The year 2010 will see a gradual improvement in the restaurant industry, which has faced extremely tough challenges due to the economic turmoil that resulted in weak labor and tight credit markets, and lower discretionary spending.

With the U.S. economy slowly reviving,...

5May2010 | | 0 comments | Continued

(DRI) Darden Restaurants Incorporated – Bull of the Day

Darden Restaurants (DRI) boasts a unique position due to its strong value proposition, menu improvements and excellent unit-level execution with differentiated brands. The company’s balanced portfolio...

21Apr2010 | | 0 comments | Continued