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Earnings Calls: Darden Restaurants Fourth Quarter Earnings Call
This summary is based on the fourth quarter fiscal 2006 earnings call conducted by Darden Restaurants, Inc. (DRI: chart) on June 21, 2006. Key Investors Issues - Earnings per share of 60 cents were up 15% from fourth quarter 2005. - Total sales rose 8.5% to $1.51 billion from fourth quarter 2005. - Combined same restaurant sales growth for Red Lobster and Olive Garden is expected between 2% to 4% in fiscal 2007. Fourth Quarter Financial Highlights Fourth quarter net earnings were $92.3 million and net EPS was 60 cents. This represents a 15% increase in net earnings per share. Dardens total sales rose 8.5% in the fourth quarter to $1.51 billion, driven by same restaurant sales growth at Red Lobster and Olive Garden, and operation of 46 more restaurants than in the fourth quarter of the prior year.Airline Industry Guru Terry Trippler Shares His Thoughts on Travel for Baby Boomers
Duluth, MN (PRWEB) June 14, 2006 -- Airline expert Terry Trippler has seen a lot of changes in the travel industry since he first started traveling by air. In the nearly 40 years since he took his first step inside an airplane, the industry has revolutionized itself many times over. BabyBoomerTrips.com interviewed Mr. Trippler to see just how much the industry has changed. .Elaborate sting disconnects phone scammers
It was an unprecedented meeting, and not the kind you'd expect to find in a conference room in the middle of the FBI's Red Bank office. At one table sat a former U.S. attorney from West Virginia; a California braggart; a Freehold con artist. All were criminals who made millions from nationwide telemarketing scams. They had been caught and, in return for reduced jail time, agreed to betray each other and wear wires for the FBI.They had not expected to see each other again. Now, as they sat face to face, tempers flared. Fists almost flew. And the agents in the room let it happen.
"It was like the Jerry Springer show," recalls Susan Pigliacelli, the FBI agent from the Red Bank office who headed what turned out to be the largest and most complex telemarketing prosecution in the United States.
Relationship counsellor to address 'Real Men'
'Real Men Grand Bahama' has selected this Father's Day Weekend to lay what it hopes will be the groundwork for better relationships with spouses, children, co-workers and friends in the lives of those who attend.Scheduled to take place at its regular monthly meeting ground, the Captain's Charthouse on Saturday June 17 at 8 a.m., this 'Real Men' Breakfast session will host relationship counsellor and ordained minister, Dr. Wayne Thompson.
Dr. Thompson has been asked to address the group on the relationships that permeate their lives at this particular time in the life of Real Men as a complement to the areas that they have spent the past half a year covering. This month's topic serves as an introduction to an issue that will blanket the group's next three months of meetings.