• Thomson Reuters StreetEvents

    Edited Transcript of DRI earnings conference call or presentation 19-Sep-19 12:30pm GMT

    Q1 2020 Darden Restaurants Inc Earnings Call

  • Buy Microsoft (MSFT) Stock at Highs for More than Dividend and Buybacks
    Zacks

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    Microsoft (MSFT) stock appears to be one of safest mega-cap tech buys out there at the moment, even at its new all-time highs. And it just raised its dividend and announced a new share buyback program.

  • GuruFocus.com

    US Indexes Close Mostly Flat Thursday

    Nasdaq gains 0.07% Continue reading...

  • GuruFocus.com

    US Markets Green on Thursday

    Darden Restaurants falls on financial results Continue reading...

  • Darden Restaurants Earnings Beat But Key Sales Figure Falls Short
    Investor's Business Daily

    Darden Restaurants Earnings Beat But Key Sales Figure Falls Short

    Oilve Garden parent Darden Restaurants reported strong fiscal first-quarter earnings on Thursday but weak same-store sales.

  • MarketWatch

    Walt Disney, Home Depot share losses lead Dow's nearly 75-point drop

    DOW UPDATE Dragged down by declines for shares of Walt Disney and Home Depot, the Dow Jones Industrial Average is falling Thursday afternoon. Shares of Walt Disney (DIS) and Home Depot (HD) are contributing to the blue-chip gauge's intraday decline, as the Dow (DJIA) was most recently trading 72 points, or 0.

  • Fed Rate Cuts, Microsoft Strength & Buy Skechers (SKX) Stock - Free Lunch
    Zacks

    Fed Rate Cuts, Microsoft Strength & Buy Skechers (SKX) Stock - Free Lunch

    The Fed cuts interest rates again, but what's next? Why Microsoft (MSFT) stock surged. The latest from AT&T (T) and FedEx (FDX). And why Skechers (SKX) stock is a Zacks Rank 1 (Strong Buy) right now - Free Lunch

  • Darden Restaurants Earnings: DRI Stock Plummets on Sales Miss
    InvestorPlace

    Darden Restaurants Earnings: DRI Stock Plummets on Sales Miss

    Darden Restaurants (NYSE:DRI) earnings for its fiscal first quarter of 2020 has DRI stock falling on Thursday.Source: Sundry Photography / Shutterstock.com The company reported revenue of $2.13 billion for its fiscal first quarter of the year. This is a 3.5% increase over the company's revenue of $2.06 billion reported in the same period of the year prior. However, it was bad news for DRI stock by just missing Wall Street's revenue estimate of $2.14 billion.Behind the Darden Restaurants revenue for its fiscal first quarter are mixed same-store sales. This includes Olive Garden being up 2.2%, LongHorn Steakhouse up 2.6%, The Capital Grille up 1.5% and Eddie V's up 1.2%. On the other side we have Cheddar's Scratch Kitchen down 5.4%, Yard House down 1.9%, Seasons 52 down 4.2% and Bahama Breeze also down 4.2%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnother possible negative dragging down the Darden Restaurants report is its outlook for the fiscal full year of 2020. This has it expecting revenue to increase between 5.3% and 6.3% from its $8.51 billion in fiscal 2019. Wall Street is looking for revenue of $9.05 billion for the year, which is just above a 6.3% increase.Despite the miss, Darden Restaurants' earnings report revealed a few bright points. Among these are diluted per-share earnings of $1.38 for the its fiscal first quarter of 2020. This is above analysts' earnings per share estimate of $1.36 for the quarter. * 8 Dividend Stocks to Buy for a Recession Darden Restaurants earnings includes an EPS outlook of $6.30 to $6.45 for the fiscal full year. The mid-point of this range falls shy of Wall Street's estimates of $6.40 in fiscal 2020.DRI stock was down 4.5% as of Thursday afternoon.As of this writing, William White did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Stocks to Buy for a Recession * 10 Companies Making Their CEOs Rich * The 7 Best S&P 500 Stocks of 2019 So Far The post Darden Restaurants Earnings: DRI Stock Plummets on Sales Miss appeared first on InvestorPlace.

  • Marriott, Hilton CEOs join group calling for federal action on Brand USA
    American City Business Journals

    Marriott, Hilton CEOs join group calling for federal action on Brand USA

    The travel-related business executives warned that the U.S.’s share of the international travel market will continue to drop without the marketing effort.

  • Netflix Sees Another Benefit of the Obamas’ Content Deal
    Market Realist

    Netflix Sees Another Benefit of the Obamas’ Content Deal

    In 2018, Netflix signed former US President Barack Obama and former First Lady Michelle Obama to supply it with original content across a range of categories.

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    Skift

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  • Barrons.com

    Buy Netflix Stock Because the Bears Are Wrong, Says Bernstein

    “We believe Netflix has earned its position to play the role of the ‘core’...product for most households,” analyst Todd Juenger wrote. “Disney is a much narrower targeted product.”

  • Darden (DRI) Earnings Surpass Estimates in Q1, Sales Miss
    Zacks

    Darden (DRI) Earnings Surpass Estimates in Q1, Sales Miss

    Darden Restaurants (DRI) first-quarter fiscal 2020 results gain from new restaurant opening and surge in blended comps.

  • Benzinga

    11 Most Aggressively Shorted Stocks

    Traders also look at the activity of short sellers for trading opportunities. Sometimes, stocks with a large amount of short selling activity could be potential candidates for short squeezes. Other times, ...

  • Comcast, Facebook Join the Streaming War, Roku Shares Fall
    Zacks

    Comcast, Facebook Join the Streaming War, Roku Shares Fall

    Video-streaming space gets increasingly crowded as Comcast and Facebook join the bandwagon. However, intensifying price war and fight for exclusive rights are threats.

  • Which 5G Stocks will Be the Biggest Winners?
    InvestorPlace

    Which 5G Stocks will Be the Biggest Winners?

    When it comes to 5G stocks, I prefer a simple, elegant approach that has already proven itself in every other tech boom since the 1980s.There will be a lot of winners in the race to 5G. For example, one stock that could be up big in the years ahead is Nokia (NYSE:NOK), one of the key makers of the hardware critical to the technology.But as 5G takes the world by storm and ushers in a new technological revolution, there's about to be a WAY bigger opportunity than we could capture by simply buying Nokia stock. The infographic below shows how 5G compares to 4G… how that compared to 3G… and so on.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThose Nokia flip-phones had their heyday back at 1G and 2G. Then 3G was what allowed Apple (NASDAQ:AAPL) to take the world by storm with the iPhone. 4G made social media and streaming movies possible - you're welcome, Facebook (NASDAQ:FB) and Netflix (NASDAQ:NFLX).As you see, 5G is much bigger. The speeds are so much faster that you could think of 5G as the fuel of the future.So what's the engine? Microchips. Every company that sells you a 5G device first needs someone to supply the chips. 5G chips will send and receive massive amounts of data… and that's where I'd invest. * 8 Dividend Stocks to Buy for a Recession But actually, chipmakers are not just 5G stocks. They're almost always the secret to getting rich with new technologies. Just look at the personal computer (PC) revolution, for example.During the rise of PCs in the '80s and '90s, chipmakers went up by almost unfathomable amounts. Intel (NASDAQ:INTC), which supplied the much-needed chips for computer processing speed, shot up by an astounding 7,951% from 1985 to 2000:Then, during the explosive growth of the internet in the 1990s, Cisco Systems (NASDAQ:CSCO), which manufactures the vital processing chips for internet routers, soared an impressive 4,988%:Then came smartphones and 4G in the 2010s. As you see below, chipmakers led all other industries during the 4G build out. Semiconductors returned 237% - more than twice what mobile phones themselves delivered.Keep in mind, these were returns from the broad sectors. But just look at how well these individual chip companies did during the smartphone build out: * Broadcom (NASDAQ:AVGO), a chipmaker based in San Diego, California, handed early investors 1,482% during the smartphone build out. * Skyworks Solutions (NASDAQ:SWKS), another chipmaker based in Woburn, Massachusetts, returned 503% to early investors. * NVIDIA (NASDAQ:NVDA), based in the heart of Silicon Valley, gained 1,030%! * Micron Technology (NASDAQ:MU) from Boise, Idaho, gained 260%, and NXP Semiconductors (NASDAQ:NXPI) from the Netherlands returned 845%.It's also worth pointing out that Apple -- the world's biggest, wealthiest company and one of the leaders in smartphones -- returned roughly 582% over that same period. The difference is why you need chipmakers when a tech revolution occurs. That's true of 5G, too, and I tell you exactly which chipmaker I recommend now (and why) in my new special report, The 5G Chip That Will Spark a $53 Trillion Revolution.By investing in chipmakers, you're investing in every laptop, tablet, car, smartphone, and any other electronic device of the day. In fact, each one has multiple chips inside! For example, one chipmaker supplied FIVE chips for every iPhone X. So, for every phone Apple sold, this company sold five chips.Now just think about the hundreds of billions of new chips that will need to be created for the Internet of Things (IoT). Tech companies are hard at work, connecting every physical object on the planet to the internet. Tech insiders estimate more than 1 trillion devices will be connected over the next 10 to 15 years.Once you're up to speed on the full scope of the opportunity in 5G stocks, you'll want to own one specific chipmaker. This company is one of the best in the world at what it does, and I bet you've never heard of it. The 5G Chip That Will Spark a $53 Trillion RevolutionI mention all this because I think this under-the-radar company won't stay that way for long. The financial media is already calling this company "the next hot 5G stock."The company has over 10,000 patents and has been named a Top 100 Global Innovator for seven consecutive years. Its success has led to long-term partnerships and exclusive deals with the likes of Samsung and Oracle (NYSE:ORCL).Even the 5G cell service from Verizon (NYSE:VZ) and AT&T (NYSE:T) will depend on this company's chips. Everything, and I mean EVERYTHING, connected to the internet via 5G will either directly or indirectly use the same type of chip this company makes.It's also a well-established company that's been around since the 1990s. Not only did it survive the dot-com crash, it went from a $2 billion market cap then… to a $17 billion market cap today. And thanks to its 5G advantage, it's just getting started.Take just a small stake in this stock. I think it's the single best (and easiest) way to capture the full upswing of 5G wireless.Remember, the rollout of 5G is going to be MUCH bigger than 4G.4G was an improvement. 5G is a game changer.That's why every tech insider and analyst at my firm is excited about this once-in-a-lifetime opportunity. And right now is the perfect time to stake a claim.Click here to claim your access to my newest investment report, The 5G Chip That Will Spark a $53 Trillion Revolution.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Stocks to Buy for a Recession * 10 Companies Making Their CEOs Rich * The 7 Best S&P 500 Stocks of 2019 So Far The post Which 5G Stocks will Be the Biggest Winners? appeared first on InvestorPlace.

  • [video]Why Darden Is a Buy on Dips Despite Earnings Fall
    TheStreet.com

    [video]Why Darden Is a Buy on Dips Despite Earnings Fall

    Darden Restaurants is falling after a lukewarm earnings report. Here's when to buy the dip in this long-term winner.

  • The Zacks Analyst Blog Highlights: AT&T, Apple, Disney, Netflix and Amazon
    Zacks

    The Zacks Analyst Blog Highlights: AT&T, Apple, Disney, Netflix and Amazon

    The Zacks Analyst Blog Highlights: AT&T, Apple, Disney, Netflix and Amazon

  • Tiffany's Woos Chinese Shoppers at Home Amid Trade War
    Bloomberg

    Tiffany's Woos Chinese Shoppers at Home Amid Trade War

    Sep.20 -- Tiffany & Co. is planning to open more stores in mainland China as the weak yuan deters Chinese consumers from spending overseas and they shift their luxury buying back home. Bloomberg's Selina Wang reports from Shanghai at the company's largest-ever exhibition.