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Darden Restaurants (NYSE:DRI) reported earnings of $110.8 million (85 cents a share) as against $106.6 million (78 cents a share) in the year ago period.This was better than analysts’ expectations of 83 cents a share. The company said it was keeping its 2013 forecast intact based on higher revenue of 9-10 percent.
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Blackberry phone maker Research in Motion (RIM) has reported another network outage affecting Europe, Middle East and Africa, which it apparently resolved within a few hours. This puts the company in a rather unfavorable light, considering there was a similar instance last year, and juxtaposed against arch-rival Apple (NASDAQ:AAPL), whose a iPhone 5 is seeing huge demand, the timing was just not right.
Energy major Chesapeake (NYSE:CHK) has hired James Webb, a partner in Oklahoma’s largest law firm, as its full-time legal counsel to help with legal problems relating to the company’s Michigan land deals and the controversial financial transactions by CEO of Aubrey McClendon.
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