Darden Restaurants Inc
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Consumer Discretionary : Hotels, Restaurants & Leisure | Mid Cap Blend
Company profile

Darden Restaurants, Inc. is a full-service restaurant company. The Company owned and operated 1,536 restaurants through its subsidiaries in the United States and Canada, as of May 29, 2016. The Company's segments include Olive Garden, LongHorn Steakhouse, Fine Dining (which includes The Capital Grille, and Eddie V's Prime Seafood and Wildfish Seafood Grille (Eddie V's)) and Other Business (which includes Yard House, Seasons 52, Bahama Breeze, consumer-packaged goods and franchise revenues). As of May 29, 2016, the Company also had 50 restaurants operated by independent third parties pursuant to area development and franchise agreements. Olive Garden's menu includes a range of authentic Italian foods featuring fresh ingredients and a selection of imported Italian wines. LongHorn Steakhouse restaurants feature a range of menu items, including fresh steaks and chicken, as well as salmon, shrimp, ribs, pork chops, burgers and prime rib.

Price
Delayed
$70.18
Day's Change
-1.16 (-1.63%)
Bid
--
Ask
--
B/A Size
--
Day's High
70.75
Day's Low
69.96
Volume
(Below Average)

Today's volume of 63,828 shares is on pace to be lower than DRI's 10-day average volume of 3,759,795 shares.

63,828

Chevron sells $1.6 billion in assets overseas

2:27 pm ET April 16, 2020 (MarketWatch)
Print

Chevron Corp. (CVX) said Thursday that affiliates have sold their nonoperating interests in oil fields and pipelines in Azerbaijan to MOL Hungarian Oil and Gas PLC for $1.57 billion. The deal closed on Thursday, the company said. "Chevron regularly reviews its global portfolio to assess whether assets are strategic and competitive for capital," Jay Johnson, executive vice president of upstream, said in a statement. "This sale is an important part of our divestment program, which is targeting before-tax proceeds of $5 billion to $10 billion between 2018 and 2020." Shares of Chevron fell 2% on Thursday as the energy subsector in the S&P 500 index was the worst-hit of the day.

-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

April 16, 2020 14:27 ET (18:27 GMT)

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