The “Magnificent Seven” represent some of the strongest businesses around. However, a few members of this elite group have failed to live up to expectations in the first half of 2024. Since the beginning of the year, the widely followed S&P 500 index has climbed 14.8% through June 26, but weak iPhone sales have weighed […]
Hooters is the latest chain to close dozens of locations across the United States, blaming tough economic challenges including rising food and labor costs. “Like many restaurants under pressure from current market conditions, Hooters has made the difficult decision to close a select number of underperforming stores,” a spokesperson told CNN. The company did not […]
David Beckham hopes a new documentary about Manchester United’s treble-winning side can inspire the current under-performing players. Beckham’s Studio 99 company was involved in the production of 99, a three-part series celebrating the historic achievements of the 1999 team that launches on Amazon Prime Video on May 17th. Twenty-five years on from his central role […]
Pizza chain Papa Johns is to shut 43 restaurants across the UK. The takeaway business confirmed plans to axe the “underperforming” locations after launching a review at the start of the year. It will close the restaurants by mid-May following a consultation process, Papa Johns International said. The decision does not impact any of the […]
Like most investors, I like buying stocks that are winners. But sometimes appearances can be deceiving. A stock that has skyrocketed can end up being a loser over the long run. A stock that has plummeted can turn around and deliver huge long-term gains. I think Target (NYSE: TGT) is an example of a winner […]