Jersey Mike’s Subs Considers Selling Business to Blackstone. The Wall Street Journal, citing anonymous sources, has reported that Jersey Mike’s Subs, a privately-held company, has engaged in intermittent discussions with Blackstone, a financial services firm. If a deal were to materialize, it could value Jersey Mike’s at $8 billion. However,Continue Reading
Ever wondered how many Americans bid farewell to their working days with a cool million in their retirement accounts? It’s a question that stirs curiosity and prompts reflections on financial goals and retirement planning strategies. While there’s no one-size-fits-all answer, recent surveys shed light on the financial landscape of retirees.Continue Reading
Dollar General’s decision to curb self-checkout to reduce inventory losses suggests a strategic shift in their approach to loss prevention. By limiting self-checkout, the company likely aims to enhance monitoring and control over transactions, reducing opportunities for theft or errors. This move could involve increased reliance on staff-assisted checkout, whichContinue Reading
Nvidia Shines Bright Amidst S&P 500 Struggles in February While February historically spells trouble for the S&P 500, Nvidia investors have reason to celebrate. Over the past five years, Nvidia shares have consistently outperformed the index, boasting an average surge of 9.1% during the month, making it the top S&PContinue Reading
Pfizer Inc. (NYSE: PFE) wrapped up trading on Feb. 6 at $26.57. Over the past 52 weeks, its stock price ranged from $25.76 to $44.33. On Jan. 30, the pharmaceutical and biotechnology firm unveiled its 2023 earnings report. In fiscal 2023, Pfizer distributed $9.2 billion in dividends to shareholders, translatingContinue Reading
ConocoPhillips Boosts Output, Exceeds Profit Expectations ConocoPhillips has been ramping up its production, leveraging its oil assets to respond to global energy market dynamics. The company revealed plans to raise production by approximately 6% this year, aiming for a midpoint of 1.93 million barrels per day (bpd). In 2023, theContinue Reading
