So much for polite dinner conversation. Last week, Olive Garden investor Starboard Value opened up a simmering bowl of criticism on Olive Garden and its parent company, Darden Restaurants Inc. (NYSE: DRI). Should you invest? Here’s what we think.
Analysts predict that mobile payments could grow from $1 billion last year to more than $58 billion by 2017. Needless to say, the mobile payments industry is gearing up to be a hotbed for profits. But as other companies’ troubled attempts have shown, getting into the payments business is no easy task - even for a company like Apple (Nasdaq: AAPL).
Back in July, we covered rumors that cloud service provider Rackspace Hosting Inc. (NYSE: RAX) was considering taking itself private. At the time, shares jumped more than 7% on the news that the acquisition would have a price tag of up to $6 billion. Let's see how Rackspace scores on our Investment U Fundamental Factor Test now that the acquisition party is over and shares have plunged.