Darden Restaurants Reiterates FY24 Outlook - Update

Darden Restaurants Lifts FY25 Sales Forecast After Q2 Beats Market; Stock Climbs

Shares of Darden Restaurants Inc. were gaining more than 9 percent in the pre-market activity on the NYSE after the company maintained its fiscal 2025 earnings view, and lifted sales forecast to reflect the recently acquired Chuy's operating results. In its second quarter, profit and sales increased and beat market estimates.

RTTNews | 9h 45min ago

Darden Restaurants Q3 Adj. EPS Meets Estimates, Sales Miss

Restaurant company Darden Restaurants reported Thursday that profit for the third quarter increased from last year, driven by sales growth across all segments. Adjusted earnings per share met analysts' estimates, while quarterly sales missed it. The company also raised its adjusted earnings guidance for the full-year 2024, while trimming annual sales and same-restaurant sales growth outlook.

RTTNews | 273 days ago

Swiss Market Ends Sharply Lower

The Switzerland market closed sharply lower on Thursday, in line with markets across Europe, as concerns about outlook for interest rates and economic growth weighed on sentiment.

RTTNews | 5h 13min ago

European Stocks Close Notably Lower On Hawkish Fed, Growth Concerns

European stocks closed notably lower on Thursday, with several markets falling to multi-week lows, as investors reacted to the policy announcements and views about economic outlook from the Federal Reserve and the Bank of England, in addition to digesting the latest batch of European and U.S. economic data.

RTTNews | 5h 47min ago

Canadian Market Extends Losses

The Canadian market is down in negative territory around noon on Thursday with stocks drifting lower for a sixth straight session, weighed down by lingering concerns about the outlook for growth, fears of tariff hikes, and hawkish comments from the Federal Reserve.

RTTNews | 6h 41min ago

U.S. Leading Economic Index Rises For First Time Since February 2022

The Conference Board released a report on Thursday showing its reading on leading U.S. economic indicators increased for the first time in well over two years in the month of November. The report said the leading economic index rose by 0.3 percent in November after falling by 0.4 percent in October. Economists had expected the index to edge down by 0.1 percent.

RTTNews | 7h 39min ago

U.S. Existing Home Sales Spike To Eight-Month High In November

After reporting a significant rebound by U.S. existing home sales in the previous month, the National Association of Realtors released a report on Thursday showing another substantial increase by existing home sales in the month of November. NAR said existing home sales spiked by 4.8 percent to an annual rate of 4.15 million in November.

RTTNews | 8h 5min ago

Philly Fed Index Unexpectedly Slides To Lowest Level In Over A Year In December

Philadelphia-area manufacturing activity declined overall in the month of December, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity slumped to a negative 16.4 in December from a negative 5.5 in November, with a negative reading indicating contraction.

RTTNews | 8h 41min ago

EURUSD	1.0369	GBPUSD	1.25202	AUDUSD	0.6249
USDJPY	157.569	USDCAD	1.43724	USDCHF	0.89866