Why The Following Stocks Could Be Interesting To Watch On Sept. 22

(RTTNews) - Darden Restaurants Q1 Results Top Consensus; Lifts FY16 EPS View

Full service restaurants operator Darden Restaurants Inc. (DRI) reported a steep decline in first-quarter profit, as the prior year results encompassed a huge gain on the sale of discontinued operations. However, adjusted earnings rose and surpassed the Street view. Further, the company raised its adjusted earnings forecast for the full year.

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CarMax Q2 Results Up

CarMax Inc. (KMX) reported increased results for the second quarter, reflecting the continued expansion of its store base and growth across the company's used, wholesale and CAF operations, as well as its share repurchase program.

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ConAgra Foods Q1 Adj. Profit Beats View

Packaged foods company ConAgra Foods, Inc. (CAG) reported a loss for the first quarter, weighed down by a hefty impairment charge at its Private Label operations, which has been reclassified as discontinued operations due to the company's plans to exit this business.

However, adjusted earnings per share for the quarter beat analysts' expectations. Looking ahead, the company forecast adjusted earnings for the second quarter to be approximately in line with the year-ago period and said it will provide more details on its fiscal 2016 earnings outlook once it is further along the process of divesting its private label operations.

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Jack In The Box In $200 Mln Stock Buyback Program

Jack in the Box Inc. (JACK) said its Board of Directors has authorized an additional $200 million stock buyback program commencing in fiscal year 2016 and expiring in November 2017.

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AmerisourceBergen Announces Special $2.4 Bln Stock Buyback Program

AmerisourceBergen Corp. (ABC) said its Board of Directors has authorized a special $2.4 billion share repurchase program intended to further enable the execution of the company's previously announced warrant hedging strategy.

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Red Hat Q2 Results Top Estimates; Boosts FY Outlook

Red Hat Inc. (RHT), the world's largest seller of Linux software, reported better-than-expected results for the second quarter. The company also issued upbeat forecast for the third quarter, and raised its full year guidance.

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