Darden's California Fight A Huge Mistake

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Darden (NYSE RI) CEO Clarence Otis is fighting California's passage of Assembly Bill 880, which prevents large companies from cutting workers' hours to avoid paying for insurance under the Affordable Care Act.

While Darden's made some good moves in the last year including acquiring Yard House, its upscale-casual brewpub restaurant, its latest protest is blatantly stupid and an affront to both its employees and shareholders. As long as Darden maintains this position, investing in its shares makes absolutely no sense whatsoever. Here's why.


http://www.investopedia.com/stock-analysis/062413/dardens-california-fight-huge-mistake-dri-sbux-afce-wfm.aspx?partner=YahooSA

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