Chili’s, under the leadership of Brinker International, has experienced a significant turnaround in the past two years. The CEO, Kevin Hochman, attributes the recent success of the chain to customers finally recognizing the brand’s transformation. This transformation has been fueled by a strategic approach to menu offerings, advertising campaigns targeting fast-food rivals, and embracing social
profitable
Pfizer, a health-care giant, is one of the attractive dividend stocks according to top Wall Street analysts. The company managed to announce better-than-expected second-quarter results, thanks to its cost-cutting initiatives and solid sales of non-Covid products. With a dividend yield of 5.9%, Pfizer returned $4.8 billion to shareholders through dividends in the first six months
Paramount Global is currently in the process of cutting 15% of its U.S. workforce, equating to around 2,000 jobs. These job cuts are part of a broader cost-cutting plan that the company is implementing as it prepares for a merger with Skydance Media. In order to achieve cost savings, Paramount has identified $500 million in
Wealthy investors and family offices have been making strategic decisions to adjust their portfolios leading up to recent market swings. According to wealth advisors, many high-net-worth individuals have been reducing their exposure to stocks over the past year in favor of private markets. This shift is partly due to concerns about an overheated tech sector
European policymakers have been advocating for larger banks across the continent, and Italy seems poised to fulfill this wish with a flurry of mergers and acquisitions, as predicted by analysts. Following a sovereign debt crisis and a government rescue of Banca Monte dei Paschi, Italy’s banking sector is now the center of attention for many
The narrative surrounding Disney’s media business has shifted drastically in recent years. What was once seen as a financial burden on the company has now turned into a profitable venture. The combined streaming services of Disney, including Disney+, Hulu, and ESPN+, have finally turned a quarterly profit, making $47 million. This is a remarkable improvement
DraftKings, one of the leading mobile betting platforms in the U.S., has recently announced its decision to introduce a gaming surcharge on winning bets in states with high sports betting tax rates. This move is aimed at maximizing profits and ensuring the company’s sustainability in the increasingly competitive sports betting landscape. Taxation Strategy for Boosting
Navigating the volatile world of cryptocurrency investments is a challenging task, especially when faced with looming political and economic uncertainty. The ever-changing landscape, influenced by factors such as Federal Reserve interest rate news and policy proposals, makes it nearly impossible to predict future cryptocurrency prices. However, experts suggest that there are still smart tax moves
The recent sharp decline in shares for Ford Motor by more than 18% has sent shockwaves through the U.S. automotive industry. While it may not signal an impending bankruptcy like during the Great Recession, it does highlight the uphill battle that automakers will face in the coming months. The normalization of the U.S. market, after
As the political landscape continues to shift, it’s natural for traders and investors to question how the markets and economy will fare in the coming year. With a new administration set to take over, there are numerous possibilities and uncertainties on the horizon. While it would be ideal to have a reliable guide to navigate