Wall Street on edge; Darden sells Red Lobster; Housing Starts jumps

Hot Stock MinuteMay 16, 2014

Investors got some hope that the housing market recovery is starting to pick-up after housing starts surged 13.2% in April. Darden Restaurants said it would sell Red Lobster seafood chain, to private equity firm Golden Gate Capital for $2.1 billion in cash. And Warren Buffett's Berkshire Hathaway reveals its stock holdings in a regulatory filing.