Olive Garden and Darden push value to draw diners
Darden Restaurants, parent of Olive Garden and Red Lobster, reports rising revenue and traffic driven by promotions such as a 2 for 25 deal while warning margins may shrink. CEO Clarence Otis stresses affordability and menu updates to meet shifting dining habits amid higher costs and past traffic declines.
MENTIONED IN THIS ARTICLE
New York
Olive Garden
Darden Restaurants Inc
Darden
Clarence Otis
Otis
Wall Street
JTIP approves large funding for high wage jobs in New Mexico
The Job Training Incentive Program Board in Santa Fe approved 647322.96 for seven companies creating 36 new jobs with an average wage of 27.33 per hour. Recipients include Bendix King Albuquerque Imagine Education Taos IntelliCyt Navita Santa Fe Door and SunSpot Solar Energy Las Cruces.
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Santa FE
New Mexico Economic Development Department
Jon Barela
JTIP
ClosedWon
Albuquerque
California
Arizona
Tennessee
Florida
Texas
New York
Switzerland
Taos
New Mexico
Navita LLC
Southwest
SunSpot Solar Energy
Las Cruces
Solar
Sunspot Solar
CarMax Q1 profit rises on higher used car sales
CarMax Inc reports Q1 earnings of 146.7 million and revenue of 3.31 billion as used vehicle demand and financing income rise. Store growth, higher selling prices, and stronger credit contribute to a 21 percent profit gain and 19 percent revenue gain, with expansions planned.
MENTIONED IN THIS ARTICLE
Darden
Yard House
Wall Street
Orlando
Fla
Richmond, Va
CarMax Inc
Richmond
FactSet
CarMax
Roswell Real Estate Update Shows Modest Growth
Brad Davis reports year-to-date sales volume for Roswell single-family homes rising slightly this year by 2.5 percent, yet 20 percent higher than 2009. The market lags 2007–2008 levels, but recovery appears slow and steady as rates and values are expected to rise.
MENTIONED IN THIS ARTICLE
Roswell
Brad Davis
Taiwan and China sign broad service trade pact in Shanghai
Taiwan and China signed a wide ranging pact to open service sectors ending two years of talks. Effective later this year Chinese permission will allow Taiwanese firms to conduct online shopping and provide medical care and other services on the mainland.
MENTIONED IN THIS ARTICLE
Taipei
Taiwan
China
Shanghai
Straits Exchange Foundation
Lin Join-san
Fujian
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Applebee's
CineEquity Inc
Yard House USA Inc
Capital Grille
Eddie V's
Seasons 52
Darden’s
Foxborough
Mass
Bendix King - Albuquerque
IntelliCyt - Albuquerque
University of New Mexico
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