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Ruby Tuesday shares rise on analyst upgrade

Ruby Tuesday shares hit a 52-week high on the first day of 2011 trading after Morgan Keegan analyst Robert M. Derrington boosted his rating for the Maryville based restaurant chain.

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Ruby Tuesday to acquire two Stir Fry Cafes

Maryville-based restaurant chain Ruby Tuesday is converting two Stir Fry Cafe locations into its own pan-Asian concept Wok Hay.

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Business briefs: February 23

NASHVILLE - Next Monday is the filing deadline for Class 1 and 5 business taxpayers in Tennessee.

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Weather, high gas prices hurt Ruby Tuesday earnings

Ruby Tuesday said Wednesday that its third-quarter earnings fell 10 percent and cited severe winter weather and higher gas prices for the decline.

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Jim 'N Nick's closes on Lovell Road

Ruby Tuesday has apparently decided that Jim 'N Nick's Bar-B-Q is not a good fit for the Maryville-based restaurant chain.

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Ruby Tuesday sales decline amid weak economy, competitive pressures

A weak economy and competitive pressures continued to hamper sales at Ruby Tuesday, which saw profit fall 34 percent in the fourth quarter.

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Hedge fund Carlson Capital ups Ruby Tuesday stake

Activist hedge fund Carlson Capital recently bought 800,000 Ruby Tuesday shares increasing its holdings in the Maryville-based casual dining chain to about 4.4 million shares, or 6.8 percent of the...

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Ruby Tuesday 1Q profit falls 75 percent

MARYVILLE — Ruby Tuesday saw its first-quarter profit drop 75 percent as it struggled in a highly competitive market to get people to come eat at its restaurants.

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Former Ruby Tuesday exec joins ProVision Healthcare

Three years after leaving restaurant chain Ruby Tuesday and starting his own health care management and consulting company, Rick Johnson has joined the executive team of ProVision Healthcare.

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Ruby Tuesday posts second-quarter loss

The Maryville-based restaurant chain reported the net loss of $2 million, or 3 cents a share, compared with a profit of $4.6 million, or 7 cents a share, during the same period a year ago.

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Restaurateurs respond to healthier dietary demands

Attention to adult and childhood obesity rates and their associated health-care costs, along with a spike in diagnoses of food allergies, have unleashed a wave of health-focused eating trends: Whole...

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Ruby Tuesday sells notes in private offering

Casual dining restaurant chain Ruby Tuesday announced today it has launched a private offering to sell senior notes due 2020 to finance a variety of corporate needs, including future acquisitions.

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North Knoxville Wok Hay closes

The Wok Hay restaurant in North Knoxville has closed, the Property Scope blog reports.

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Ruby Tuesday upgraded by TheStreet

Despite disappointing first quarter earnings, restaurant chain Ruby Tuesday's stock was upgraded today by TheStreet Ratings.

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Ruby Tuesday appoints two board members

Maryville-based restaurant chain Ruby Tuesday has tapped two industry veterans to serve on its board.

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Food briefs, Sept. 13

Riverplains Farm, 1023 Creek Road in Strawberry Plains, will host its Harvest Moon Dinner at 5 p.m. Saturday, Sept. 29.

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Ruby Tuesday settles Massachusetts child labor claim

Restaurant chain Ruby Tuesday has agreed to settle child labor allegations brought by the Massachusetts Attorney General's Office.

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Ruby Tuesday 1Q earnings drop

MARYVILLE — Ruby Tuesday said Wednesday that its fiscal first-quarter profits were down 16 percent despite positive same-store sales because of costs associated with finding a new CEO.

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Darden exec taking over at Ruby Tuesday

After a five-month search for a new chief executive, Maryville-based Ruby Tuesday has turned to the nation's largest full-service restaurant chain to fill its top job.

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Top 10 Business Stories of 2012: Local

Don't blink — you might not recognize Knoxville's corporate power brokers when your eyes open.

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