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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Bocor who wrote (10513)	12/6/2011 8:29:56 AM
From: Bocor	1 Recommendation Respond to of 34328

Darden Restaurants ( DRI) sees FQ2 (ended Nov. 27) EPS of $0.41 below street expectations of $0.54. The company expects 2012 revenue growth of 6%-7% and EPS growth of 4%-7%. Previously, the company had expected sales growth of 12%-15%. Shares -9% premarket DRI looks to become a 4% or greater yielder today with this announcement. Slow international expansion might be helpful, as well as a lack of China exposure for now. DRI currently has an agreement to open a minimum of 60 locations in the Middle East and a minimum of 37 in Mexico. Don't have a time frame though.