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Notable Analyst Rating Changes 12/03: LMT, DRI, CTAS Upgraded; ALO, SYK, FSLR Downgraded

UPGRADES: Cowen & Co upgrades Lockheed Martin (NYSE: LMT) from Neutral to Outperform. UBS upgrades Darden Restaurants (NYSE: DRI) from Neutral to Buy. Citi upgrades Cintas Corp (Nasdaq: CTAS) from Sell to Hold. Price target lowered from $27 to $24. For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades DOWNGRADES: Cowen & Co downgrades Alpharma (NYSE: ALO) from Outperform to Neutral....

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Yang, Thompson departure to further diminish pool of minority CEOs

Filed under: Management , Yahoo! (YHOO) , Time Warner (TWX) , PepsiCo (PEP) , Employees , Citigroup Inc. (C) , Aetna Inc (AET) , American Express (AXP) , Avon Products (AVP) , Darden Restaurants (DRI) , Eastman Kodak (EK) We may have broken the ultimate barrier to diversity with the election of the 44th President of the United States Barack Obama, but the ranks of minorities in top positions at Fortune...

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Darden shares tumble after analyst report

Darden Restaurants Inc. shares fell by more than $2 Nov. 6 in the wake of a restaurant industry analyst report that sliced 2009 earnings estimates for the company. (DRI)

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Red Lobster Adding Wood Grills in Attempt to Revive Sales

Darden Restaurants announced that beginning next week, it will install wood-fired grills in all 680 Red Lobster restaurants. The company has been testing the wood-grilled menu for over a year, and will train 3,500 employees on the grills. New items will be going on the menu, such as wood-grilled lobster, wood-grilled sirloin and shrimp, and wood-grilled fish. According to the chain's president, Kim...

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Darden Restaurants, Inc. Announces New Board Member

Darden Restaurants, Inc. (NYSE:DRI) has elected Christopher J. (CJ) Fraleigh, executive vice president and chief operating officer -- North America of Sara Lee Corporation, to its board of directors effective November 3, 2008. Darden owns and operates Red Lobster, Olive Garden, LongHorn Steakhouse, The Capital Grille, Bahama Breeze and Seasons 52 restaurants.

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Darden Restaurants chief Clarence Otis sticks to pursuit of success

Nearly a year before assuming the helm at Darden Restaurants in 2004, Clarence Otis met with Chief Executive Officer Joe Lee to plot the future.

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Technical Trade Alerts on Recent Analyst Upgrade Notables: GDP, MCK, DRI, LGF, CCE, BEXP

(EMAILWIRE.COM, October 23, 2008 ) DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering recent analyst upgrades causing a stir in the markets: Goodrich Petroleum Corp. (NYSE: GDP), McKesson Corp. (NYSE: MCK), Darden Restaurants Inc. (NYSE: DRI), Lions Gate Entertainment...

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Darden's lobbying tab tops $600,000 in 3rd quarter

Darden Restaurants, owner of Red Lobster and Olive Garden, spent more than $600,000 in the third quarter to lobby Congress, according to a recent federal disclosure report.

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Darden Restaurants to Present at the Wachovia Securities 2008 Consumer Growth Conference

ORLANDO, Fla., Oct. 13 /PRNewswire-FirstCall/ -- Darden Restaurants, Inc. (NYSE: ) will be presenting at the Wachovia Securities 2008 Consumer Growth Conference to be held in New York City, NY. There will be an on-line simulcast of the Company's presentation which begins at 10:45 am (Eastern) on Tuesday, October 14, 2008, available at the Company's website, . An audio-only webcast of the Company's...

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Food Stuff: The Sausage Cart That Grew

Brad Blum has a talent for unusual ideas. After he became the vice chairman of Darden Restaurants, which runs the Olive Garden chain, he decided to take coals to Newcastle and open an Olive Garden in Tuscany.

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Lean times for popular eateries

Darden Restaurants (DRI) owns some of the strongest brands in its industry — Olive Garden for pasta, Red Lobster for seafood and LongHorn...

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Restaurant companies see prime sites opening up

LOS ANGELES (Reuters) - Executives from restaurant chains Darden Restaurants Inc , California Pizza Kitchen Inc and Buffalo Wild Wings Inc said on Thursday they are seeing prime real estate open up as tenants back out of deals.

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Darden Restaurants To Participate at RBC Capital Markets 2008 Consumer Conference

ORLANDO, Fla., Sept. 30 /PRNewswire-FirstCall/ -- Darden Restaurants, Inc. (NYSE: ) will be participating on a panel discussion at the RBC Capital Markets 2008 Conference to be held in New York City, New York. There will be an audio-only webcast of the panel discussion available over the Internet which begins at 1:30 pm (Eastern) on Thursday, October 2, 2008, available at the Company's website, and ttp...

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Raw Data Report: Darden Restaurants, Bob Evans

TickerMine submits: Each day, Wall Street is flooded with stock research offering a multitude of conflicting investment opinions. As such, TickerMine is not in the business of providing more opinions. We believe that accurate raw data points can be used to gain insight in to the stock selection and valuation process. Firecracker Shrimp Top Entree for Bahama Breeze ( DRI) The average check at Bahama...

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Darden Restaurants, Dine Equity: A Look at 2 Value Plays

Scott Rothbort submits: A few thoughts on Darden Restaurants (DRI) quarterly earnings which was released last night. ( Call Transcript ) Of all my restaurant picks and holdings, DRI is the only fixer upper in the portfolio. I thought that the quarter was OK and frankly I was braced for worse when the company lowered guidance a few weeks ago. The Rare acquisition is still being absorbed and integrated...