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DALLAS , Dec. 5, 2024 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that its board of directors approved the purchase of up to an additional $500 million of its outstanding shares of common stock under its existing share repurchase program, effective immediately. This repurchase program follows the substantial completion of purchases of common stock under the inaugural $250 million repurchase authorization from August 2023 . With this additional repurchase authorization, the Company anticipates executing a $250 million accelerated share repurchase ("ASR") program that will commence in the fourth quarter of 2024. "We believe our asset-lite, highly-franchised model enables industry-leading shareholder returns," commented Alex Kaleida , Chief Financial Officer. "Since becoming a public company in 2015, we have returned more than $1 billion of capital to shareholders. Our share repurchase program is another example of the long-term value creation enabled by our category of one operating model." Repurchases under the program may be made in the open market, in privately negotiated transactions or by other means, including through trading plans intended to qualify under Rule 10b5-1 of the Securities and Exchange Act of 1934 and accelerated share repurchase agreements, with the amount and timing of repurchases to be determined at Wingstop's discretion, depending on market and business conditions, prevailing stock prices, and contractual limitations, among other factors. Open market repurchases will be structured to occur in accordance with applicable federal securities laws. This program does not obligate Wingstop to acquire any particular amount of common stock, or at any specific time or intervals and may be modified, suspended or terminated at any time at Wingstop's discretion. Wingstop expects to fund repurchases with existing cash and cash equivalents, including the proceeds from its recently completed $500 million financing transaction which closed on December 3, 2024 . About Wingstop Founded in 1994 and headquartered in Dallas, TX , Wingstop Inc. (NASDAQ: WING) operates and franchises more than 2,450 locations worldwide. The Wing Experts are dedicated to Serving the World Flavor through an unparalleled guest experience and a best-in-class technology platform, all while offering classic and boneless wings, tenders, and chicken sandwiches, cooked to order and hand sauced-and-tossed in fans' choice of 12 bold, distinctive flavors. Wingstop's menu also features signature sides including fresh-cut, seasoned fries and freshly-made ranch and bleu cheese dips. In fiscal year 2023, Wingstop's system-wide sales increased 27.1% to approximately $3.5 billion , marking the 20th consecutive year of same store sales growth. With a vision of becoming a Top 10 Global Restaurant Brand, Wingstop's system is comprised of corporate-owned restaurants and independent franchisees, or brand partners, who account for approximately 98% of Wingstop's total restaurant count of 2,458 as of September 28, 2024 . A key to this business success and consumer fandom stems from The Wingstop Way, which includes a core value system of being Authentic, Entrepreneurial, Service-minded, and Fun. The Wingstop Way extends to the brand's environmental, social and governance platform as Wingstop seeks to provide value to all guests. In 2023, Wingstop earned its "Best Places to Work" certification. The Company landed on Entrepreneur Magazine's "Fastest-Growing Franchises" list and ranked #16 on "Franchise 500." Wingstop was listed on Technomic's "Top 500 Chain Restaurant Report," QSR Magazine's "2023 QSR 50" and Franchise Time's "40 Smartest-Growing Franchises." For more information, visit www.wingstop.com or www.wingstop.com/own-a-wingstop and follow @Wingstop on X, Instagram, Facebook, and TikTok. Learn more about Wingstop's involvement in its local communities at www.wingstopcharities.org . Unless specifically noted otherwise, references to our website addresses, the website addresses of third parties or other references to online content in this press release do not constitute incorporation by reference of the information contained on such website and should not be considered part of this release. Forward-looking Statements This news release includes statements of our expectations, intentions, plans and beliefs that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of our expectations concerning the implementation and execution of our share repurchase program, including the anticipated execution of a $250 million ASR and our strategic growth initiatives. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms "may," "will," "should," "expect," "intend," "plan," "outlook," "guidance," "anticipate," "believe," "think," "estimate," "seek," "predict," "can," "could," "project," "potential" or, in each case, their negative or other variations or comparable terminology, although not all forward-looking statements are accompanied by such terms. These forward-looking statements are made based on expectations and beliefs concerning future events affecting us and are subject to uncertainties, risks, and factors relating to our operations and business environments, all of which are difficult to predict and many of which are beyond our control, that could cause our actual results to differ materially from those matters expressed or implied by these forward-looking statements. Please refer to the risk factors discussed in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which can be found at the SEC's website www.sec.gov . The discussion of these risks is specifically incorporated by reference into this news release. When considering forward-looking statements in this news release or that we make in other reports or statements, you should keep in mind the cautionary statements in this news release and future reports we file with the SEC. New risks and uncertainties arise from time to time, and we cannot predict when they may arise or how they may affect us. Any forward-looking statement in this news release speaks only as of the date on which it was made. Except as required by law, we assume no obligation to update or revise any forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. Media Contact Maddie Lupori Media@wingstop.com Investor Contact Kristen Thomas IR@wingstop.com View original content to download multimedia: https://www.prnewswire.com/news-releases/wingstop-announces-additional-500-million-share-repurchase-authorization-302324306.html SOURCE Wingstop Restaurants Inc.Cameron Young leads Hero; new driver for Justin Thomas; new grip for Scottie Scheffler
WEST PALM BEACH, Fla. — President-elect Donald Trump said Saturday that he wants real estate developer Charles Kushner , father of Trump’s son-in-law Jared Kushner, to serve as ambassador to France. Trump made the announcement in a Truth Social post, calling Charles Kushner “a tremendous business leader, philanthropist, & dealmaker." Kushner is the founder of Kushner Companies, a real estate firm. Jared Kushner is a former White House senior adviser to Trump who is married to Trump’s eldest daughter, Ivanka. The elder Kushner was pardoned by Trump in December 2020 after pleading guilty years earlier to tax evasion and making illegal campaign donations. Charles Kushner arrives July 20, 2022, for the funeral of Ivana Trump in New York. Prosecutors alleged that after Charles Kushner discovered his brother-in-law was cooperating with federal authorities in an investigation, he hatched a scheme for revenge and intimidation. Kushner hired a prostitute to lure his brother-in-law, then arranged to have the encounter in a New Jersey motel room recorded with a hidden camera and the recording sent to Kushner's own sister, the man’s wife, prosecutors said. Kushner eventually pleaded guilty to 18 counts including tax evasion and witness tampering. He was sentenced in 2005 to two years in prison — the most he could receive under a plea deal, but less than what Chris Christie, the U.S. attorney for New Jersey at the time and later governor and Republican presidential candidate, sought. Christie blamed Jared Kushner for his firing from Trump’s transition team in 2016, and called Charles Kushner’s offenses “one of the most loathsome, disgusting crimes that I prosecuted when I was U.S. attorney.” Trump and the elder Kushner knew each other from real estate circles and their children were married in 2009. Among President-elect Donald Trump's picks are Susie Wiles for chief of staff, Florida Sen. Marco Rubio for secretary of state, former Democratic House member Tulsi Gabbard for director of national intelligence and Florida Rep. Matt Gaetz for attorney general. Susie Wiles, 67, was a senior adviser to Trump's 2024 presidential campaign and its de facto manager. Trump named Florida Sen. Marco Rubio to be secretary of state, making a former sharp critic his choice to be the new administration's top diplomat. Rubio, 53, is a noted hawk on China, Cuba and Iran, and was a finalist to be Trump's running mate on the Republican ticket last summer. Rubio is the vice chairman of the Senate Intelligence Committee and a member of the Senate Foreign Relations Committee. “He will be a strong Advocate for our Nation, a true friend to our Allies, and a fearless Warrior who will never back down to our adversaries,” Trump said of Rubio in a statement. The announcement punctuates the hard pivot Rubio has made with Trump, whom the senator called a “con man" during his unsuccessful campaign for the 2016 GOP presidential nomination. Their relationship improved dramatically while Trump was in the White House. And as Trump campaigned for the presidency a third time, Rubio cheered his proposals. For instance, Rubio, who more than a decade ago helped craft immigration legislation that included a path to citizenship for people in the U.S. illegally, now supports Trump's plan to use the U.S. military for mass deportations. Pete Hegseth, 44, is a co-host of Fox News Channel’s “Fox & Friends Weekend” and has been a contributor with the network since 2014, where he developed a friendship with Trump, who made regular appearances on the show. Hegseth lacks senior military or national security experience. If confirmed by the Senate, he would inherit the top job during a series of global crises — ranging from Russia’s war in Ukraine and the ongoing attacks in the Middle East by Iranian proxies to the push for a cease-fire between Israel, Hamas and Hezbollah and escalating worries about the growing alliance between Russia and North Korea. Hegseth is also the author of “The War on Warriors: Behind the Betrayal of the Men Who Keep Us Free,” published earlier this year. Trump tapped Pam Bondi, 59, to be attorney general after U.S. Rep. Matt Gaetz withdrew his name from consideration. She was Florida's first female attorney general, serving between 2011 and 2019. She also was on Trump’s legal team during his first impeachment trial in 2020. Considered a loyalist, she served as part of a Trump-allied outside group that helped lay the groundwork for his future administration called the America First Policy Institute. Bondi was among a group of Republicans who showed up to support Trump at his hush money criminal trial in New York that ended in May with a conviction on 34 felony counts. A fierce defender of Trump, she also frequently appears on Fox News and has been a critic of the criminal cases against him. Trump picked South Dakota Gov. Kristi Noem, a well-known conservative who faced sharp criticism for telling a story in her memoir about shooting a rambunctious dog, to lead an agency crucial to the president-elect’s hardline immigration agenda. Noem used her two terms leading a tiny state to vault to a prominent position in Republican politics. South Dakota is usually a political afterthought. But during the COVID-19 pandemic, Noem did not order restrictions that other states had issued and instead declared her state “open for business.” Trump held a fireworks rally at Mount Rushmore in July 2020 in one of the first large gatherings of the pandemic. She takes over a department with a sprawling mission. In addition to key immigration agencies, the Department of Homeland Security oversees natural disaster response, the U.S. Secret Service, and Transportation Security Administration agents who work at airports. The governor of North Dakota, who was once little-known outside his state, Burgum is a former Republican presidential primary contender who endorsed Trump, and spent months traveling to drum up support for him, after dropping out of the race. Burgum was a serious contender to be Trump’s vice presidential choice this summer. The two-term governor was seen as a possible pick because of his executive experience and business savvy. Burgum also has close ties to deep-pocketed energy industry CEOs. Trump made the announcement about Burgum joining his incoming administration while addressing a gala at his Mar-a-Lago club, and said a formal statement would be coming the following day. In comments to reporters before Trump took the stage, Burgum said that, in recent years, the power grid is deteriorating in many parts of the country, which he said could raise national security concerns but also drive up prices enough to increase inflation. “There's just a sense of urgency, and a sense of understanding in the Trump administration,” Burgum said. Robert F. Kennedy Jr. ran for president as a Democrat, than as an independent, and then endorsed Trump . He's the son of Democratic icon Robert Kennedy, who was assassinated during his own presidential campaign. The nomination of Kennedy to lead the Department of Health and Human Services alarmed people who are concerned about his record of spreading unfounded fears about vaccines . For example, he has long advanced the debunked idea that vaccines cause autism. Scott Bessent, 62, is a former George Soros money manager and an advocate for deficit reduction. He's the founder of hedge fund Key Square Capital Management, after having worked on-and-off for Soros Fund Management since 1991. If confirmed by the Senate, he would be the nation’s first openly gay treasury secretary. He told Bloomberg in August that he decided to join Trump’s campaign in part to attack the mounting U.S. national debt. That would include slashing government programs and other spending. “This election cycle is the last chance for the U.S. to grow our way out of this mountain of debt without becoming a sort of European-style socialist democracy,” he said then. Oregon Republican U.S. Rep. Lori Chavez-DeRemer narrowly lost her reelection bid this month, but received strong backing from union members in her district. As a potential labor secretary, she would oversee the Labor Department’s workforce, its budget and put forth priorities that impact workers’ wages, health and safety, ability to unionize, and employer’s rights to fire employers, among other responsibilities. Chavez-DeRemer is one of few House Republicans to endorse the “Protecting the Right to Organize” or PRO Act would allow more workers to conduct organizing campaigns and would add penalties for companies that violate workers’ rights. The act would also weaken “right-to-work” laws that allow employees in more than half the states to avoid participating in or paying dues to unions that represent workers at their places of employment. Scott Turner is a former NFL player and White House aide. He ran the White House Opportunity and Revitalization Council during Trump’s first term in office. Trump, in a statement, credited Turner, the highest-ranking Black person he’s yet selected for his administration, with “helping to lead an Unprecedented Effort that Transformed our Country’s most distressed communities.” Sean Duffy is a former House member from Wisconsin who was one of Trump's most visible defenders on cable news. Duffy served in the House for nearly nine years, sitting on the Financial Services Committee and chairing the subcommittee on insurance and housing. He left Congress in 2019 for a TV career and has been the host of “The Bottom Line” on Fox Business. Before entering politics, Duffy was a reality TV star on MTV, where he met his wife, “Fox and Friends Weekend” co-host Rachel Campos-Duffy. They have nine children. A campaign donor and CEO of Denver-based Liberty Energy, Write is a vocal advocate of oil and gas development, including fracking — a key pillar of Trump’s quest to achieve U.S. “energy dominance” in the global market. Wright also has been one of the industry’s loudest voices against efforts to fight climate change. He said the climate movement around the world is “collapsing under its own weight.” The Energy Department is responsible for advancing energy, environmental and nuclear security of the United States. Wright also won support from influential conservatives, including oil and gas tycoon Harold Hamm. Hamm, executive chairman of Oklahoma-based Continental Resources, a major shale oil company, is a longtime Trump supporter and adviser who played a key role on energy issues in Trump’s first term. President-elect Donald Trump tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump promised to dismantle. McMahon led the Small Business Administration during Trump’s initial term from 2017 to 2019 and twice ran unsuccessfully as a Republican for the U.S. Senate in Connecticut. She’s seen as a relative unknown in education circles, though she expressed support for charter schools and school choice. She served on the Connecticut Board of Education for a year starting in 2009 and has spent years on the board of trustees for Sacred Heart University in Connecticut. Brooke Rollins, who graduated from Texas A&M University with a degree in agricultural development, is a longtime Trump associate who served as White House domestic policy chief during his first presidency. The 52-year-old is president and CEO of the America First Policy Institute, a group helping to lay the groundwork for a second Trump administration. She previously served as an aide to former Texas Gov. Rick Perry and ran a think tank, the Texas Public Policy Foundation. Trump chose Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs. Trump made the announcement Tuesday on his social media platform, Truth Social. Lutnick is a co-chair of Trump’s transition team, along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration. Both are tasked with putting forward candidates for key roles in the next administration. The nomination would put Lutnick in charge of a sprawling Cabinet agency that is involved in funding new computer chip factories, imposing trade restrictions, releasing economic data and monitoring the weather. It is also a position in which connections to CEOs and the wider business community are crucial. Doug Collins is a former Republican congressman from Georgia who gained recognition for defending Trump during his first impeachment trial, which centered on U.S. assistance for Ukraine. Trump was impeached for urging Ukraine to investigate Joe Biden in 2019 during the Democratic presidential nomination, but he was acquitted by the Senate. Collins has also served in the armed forces himself and is currently a chaplain in the United States Air Force Reserve Command. "We must take care of our brave men and women in uniform, and Doug will be a great advocate for our Active Duty Servicemembers, Veterans, and Military Families to ensure they have the support they need," Trump said in a statement about nominating Collins to lead the Department of Veterans Affairs. Karoline Leavitt, 27, was Trump's campaign press secretary and currently a spokesperson for his transition. She would be the youngest White House press secretary in history. The White House press secretary typically serves as the public face of the administration and historically has held daily briefings for the press corps. Leavitt, a New Hampshire native, was a spokesperson for MAGA Inc., a super PAC supporting Trump, before joining his 2024 campaign. In 2022, she ran for Congress in New Hampshire, winning a 10-way Republican primary before losing to Democratic Rep. Chris Pappas. Leavitt worked in the White House press office during Trump's first term before she became communications director for New York Republican Rep. Elise Stefanik, Trump's choice for U.S. ambassador to the United Nations. Former Hawaii Rep. Tulsi Gabbard has been tapped by Trump to be director of national intelligence, keeping with the trend to stock his Cabinet with loyal personalities rather than veteran professionals in their requisite fields. Gabbard, 43, was a Democratic House member who unsuccessfully sought the party's 2020 presidential nomination before leaving the party in 2022. She endorsed Trump in August and campaigned often with him this fall. “I know Tulsi will bring the fearless spirit that has defined her illustrious career to our Intelligence Community,” Trump said in a statement. Gabbard, who has served in the Army National Guard for more than two decades, deploying to Iraq and Kuwait, would come to the role as somewhat of an outsider compared to her predecessor. The current director, Avril Haines, was confirmed by the Senate in 2021 following several years in a number of top national security and intelligence positions. Trump has picked John Ratcliffe, a former Texas congressman who served as director of national intelligence during his first administration, to be director of the Central Intelligence Agency in his next. Ratcliffe was director of national intelligence during the final year and a half of Trump's first term, leading the U.S. government's spy agencies during the coronavirus pandemic. “I look forward to John being the first person ever to serve in both of our Nation's highest Intelligence positions,” Trump said in a statement, calling him a “fearless fighter for the Constitutional Rights of all Americans” who would ensure “the Highest Levels of National Security, and PEACE THROUGH STRENGTH.” Trump has chosen former New York Rep. Lee Zeldin to serve as his pick to lead the Environmental Protection Agency . Zeldin does not appear to have any experience in environmental issues, but is a longtime supporter of the former president. The 44-year-old former U.S. House member from New York wrote on X , “We will restore US energy dominance, revitalize our auto industry to bring back American jobs, and make the US the global leader of AI.” “We will do so while protecting access to clean air and water,” he added. During his campaign, Trump often attacked the Biden administration's promotion of electric vehicles, and incorrectly referring to a tax credit for EV purchases as a government mandate. Trump also often told his audiences during the campaign his administration would “Drill, baby, drill,” referring to his support for expanded petroleum exploration. In a statement, Trump said Zeldin “will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses, while at the same time maintaining the highest environmental standards, including the cleanest air and water on the planet.” Trump has named Brendan Carr, the senior Republican on the Federal Communications Commission, as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband. Carr is a longtime member of the commission and served previously as the FCC’s general counsel. He has been unanimously confirmed by the Senate three times and was nominated by both Trump and President Joe Biden to the commission. Carr made past appearances on “Fox News Channel," including when he decried Democratic Vice President Kamala Harris' pre-Election Day appearance on “Saturday Night Live.” He wrote an op-ed last month defending a satellite company owned by Trump supporter Elon Musk. Rep. Elise Stefanik is a representative from New York and one of Trump's staunchest defenders going back to his first impeachment. Elected to the House in 2014, Stefanik was selected by her GOP House colleagues as House Republican Conference chair in 2021, when former Wyoming Rep. Liz Cheney was removed from the post after publicly criticizing Trump for falsely claiming he won the 2020 election. Stefanik, 40, has served in that role ever since as the third-ranking member of House leadership. Stefanik’s questioning of university presidents over antisemitism on their campuses helped lead to two of those presidents resigning, further raising her national profile. If confirmed, she would represent American interests at the U.N. as Trump vows to end the war waged by Russia against Ukraine begun in 2022. He has also called for peace as Israel continues its offensive against Hamas in Gaza and its invasion of Lebanon to target Hezbollah. President-elect Donald Trump says he's chosen former acting Attorney General Matt Whitaker to serve as U.S. ambassador to NATO. Trump has expressed skepticism about the Western military alliance for years. Trump said in a statement Wednesday that Whitaker is “a strong warrior and loyal Patriot” who “will ensure the United States’ interests are advanced and defended” and “strengthen relationships with our NATO Allies, and stand firm in the face of threats to Peace and Stability.” The choice of Whitaker as the nation’s representative to the North Atlantic Treaty Organization is an unusual one, given his background is as a lawyer and not in foreign policy. A Republican congressman from Michigan who served from 1993 to 2011, Hoekstra was ambassador to the Netherlands during Trump's first term. “In my Second Term, Pete will help me once again put AMERICA FIRST,” Trump said in a statement announcing his choice. “He did an outstanding job as United States Ambassador to the Netherlands during our first four years, and I am confident that he will continue to represent our Country well in this new role.” Trump will nominate former Arkansas Gov. Mike Huckabee to be ambassador to Israel. Huckabee is a staunch defender of Israel and his intended nomination comes as Trump has promised to align U.S. foreign policy more closely with Israel's interests as it wages wars against the Iran-backed Hamas and Hezbollah. “He loves Israel, and likewise the people of Israel love him,” Trump said in a statement. “Mike will work tirelessly to bring about peace in the Middle East.” Huckabee, who ran unsuccessfully for the Republican presidential nomination in 2008 and 2016, has been a popular figure among evangelical Christian conservatives, many of whom support Israel due to Old Testament writings that Jews are God’s chosen people and that Israel is their rightful homeland. Trump has been praised by some in this important Republican voting bloc for moving the U.S. embassy in Israel from Tel Aviv to Jerusalem. Trump on Tuesday named real estate investor Steven Witkoff to be special envoy to the Middle East. The 67-year-old Witkoff is the president-elect's golf partner and was golfing with him at Trump's club in West Palm Beach, Florida, on Sept. 15, when the former president was the target of a second attempted assassination. Witkoff “is a Highly Respected Leader in Business and Philanthropy,” Trump said of Witkoff in a statement. “Steve will be an unrelenting Voice for PEACE, and make us all proud." Trump also named Witkoff co-chair, with former Georgia Sen. Kelly Loeffler, of his inaugural committee. Trump asked Rep. Michael Waltz, R-Fla., a retired Army National Guard officer and war veteran, to be his national security adviser, Trump announced in a statement Tuesday. The move puts Waltz in the middle of national security crises, ranging from efforts to provide weapons to Ukraine and worries about the growing alliance between Russia and North Korea to the persistent attacks in the Middle East by Iran proxies and the push for a cease-fire between Israel and Hamas and Hezbollah. “Mike has been a strong champion of my America First Foreign Policy agenda,” Trump's statement said, "and will be a tremendous champion of our pursuit of Peace through Strength!” Waltz is a three-term GOP congressman from east-central Florida. He served multiple tours in Afghanistan and also worked in the Pentagon as a policy adviser when Donald Rumsfeld and Robert Gates were defense chiefs. He is considered hawkish on China, and called for a U.S. boycott of the 2022 Winter Olympics in Beijing due to its involvement in the origin of COVID-19 and its mistreatment of the minority Muslim Uighur population. Stephen Miller, an immigration hardliner , was a vocal spokesperson during the presidential campaign for Trump's priority of mass deportations. The 39-year-old was a senior adviser during Trump's first administration. Miller has been a central figure in some of Trump's policy decisions, notably his move to separate thousands of immigrant families. Trump argued throughout the campaign that the nation's economic, national security and social priorities could be met by deporting people who are in the United States illegally. Since Trump left office in 2021, Miller has served as the president of America First Legal, an organization made up of former Trump advisers aimed at challenging the Biden administration, media companies, universities and others over issues such as free speech and national security. Thomas Homan, 62, has been tasked with Trump’s top priority of carrying out the largest deportation operation in the nation’s history. Homan, who served under Trump in his first administration leading U.S. Immigration and Customs Enforcement, was widely expected to be offered a position related to the border, an issue Trump made central to his campaign. Though Homan has insisted such a massive undertaking would be humane, he has long been a loyal supporter of Trump's policy proposals, suggesting at a July conference in Washington that he would be willing to "run the biggest deportation operation this country’s ever seen.” Democrats have criticized Homan for his defending Trump's “zero tolerance” policy on border crossings during his first administration, which led to the separation of thousands of parents and children seeking asylum at the border. Dr. Mehmet Oz, 64, is a former heart surgeon who hosted “The Dr. Oz Show,” a long-running daytime television talk show. He ran unsuccessfully for the U.S. Senate as the Republican nominee in 2022 and is an outspoken supporter of Trump, who endorsed Oz's bid for elected office. Elon Musk, left, and Vivek Ramaswamy speak before Republican presidential nominee former President Donald Trump at an Oct. 27 campaign rally at Madison Square Garden in New York. Trump on Tuesday said Musk and former Republican presidential candidate Ramaswamy will lead a new “Department of Government Efficiency" — which is not, despite the name, a government agency. The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin. Trump said Musk and Ramaswamy will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.” He added the move would shock government systems. It's not clear how the organization will operate. Musk, owner of X and CEO of Tesla and SpaceX, has been a constant presence at Mar-a-Lago since Trump won the presidential election. Ramaswamy suspended his campaign in January and threw his support behind Trump. Trump said the two will “pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” Russell Vought held the position during Trump’s first presidency. After Trump’s initial term ended, Vought founded the Center for Renewing America, a think tank that describes its mission as “renew a consensus of America as a nation under God.” Vought was closely involved with Project 2025, a conservative blueprint for Trump’s second term that he tried to distance himself from during the campaign. Vought has also previously worked as the executive and budget director for the Republican Study Committee, a caucus for conservative House Republicans. He also worked at Heritage Action, the political group tied to The Heritage Foundation, a conservative think tank. Dan Scavino, deputy chief of staff Scavino, whom Trump's transition referred to in a statement as one of “Trump's longest serving and most trusted aides,” was a senior adviser to Trump's 2024 campaign, as well as his 2016 and 2020 campaigns. He will be deputy chief of staff and assistant to the president. Scavino had run Trump's social media profile in the White House during his first administration. He was also held in contempt of Congress in 2022 after a month-long refusal to comply with a subpoena from the House committee’s investigation into the Jan. 6, 2021, attack on the U.S. Capitol. James Blair, deputy chief of staff Blair was political director for Trump's 2024 campaign and for the Republican National Committee. He will be deputy chief of staff for legislative, political and public affairs and assistant to the president. Blair was key to Trump's economic messaging during his winning White House comeback campaign this year, a driving force behind the candidate's “Trump can fix it” slogan and his query to audiences this fall if they were better off than four years ago. Taylor Budowich, deputy chief of staff Budowich is a veteran Trump campaign aide who launched and directed Make America Great Again, Inc., a super PAC that supported Trump's 2024 campaign. He will be deputy chief of staff for communications and personnel and assistant to the president. Budowich also had served as a spokesman for Trump after his presidency. William McGinley, White House counsel McGinley was White House Cabinet secretary during Trump's first administration, and was outside legal counsel for the Republican National Committee's election integrity effort during the 2024 campaign. In a statement, Trump called McGinley “a smart and tenacious lawyer who will help me advance our America First agenda, while fighting for election integrity and against the weaponization of law enforcement.” Jay Bhattacharya, National Institutes of Health Trump has chosen Dr. Jay Bhattacharya to lead the National Institutes of Health. Bhattacharya is a physician and professor at Stanford University School of Medicine, and is a critic of pandemic lockdowns and vaccine mandates. He promoted the idea of herd immunity during the pandemic, arguing that people at low risk should live normally while building up immunity to COVID-19 through infection. The National Institutes of Health funds medical research through competitive grants to researchers at institutions throughout the nation. NIH also conducts its own research with thousands of scientists working at its labs in Bethesda, Maryland. Jamieson Greer, U.S. trade representative Kevin Hassett, Director of the White House National Economic Council Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team. He announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the White House National Economic Council. While Trump has in several cases nominated outsiders to key posts, these picks reflect a recognition that his reputation will likely hinge on restoring the public’s confidence in the economy. Trump said in a statement that Greer was instrumental in his first term in imposing tariffs on China and others and replacing the trade agreement with Canada and Mexico, “therefore making it much better for American Workers.” Hassett, 62, served in the first Trump term as chairman of the Council of Economic Advisers. He has a doctorate from the University of Pennsylvania and worked at the right-leaning American Enterprise Institute before joining the Trump White House in 2017. Trump said Wednesday that he will nominate Gen. Keith Kellogg to serve as assistant to the president and special envoy for Ukraine and Russia. Kellogg, a retired Army lieutenant general who has long been Trump’s top adviser on defense issues, served as National Security Advisor to Trump's former Vice President Mike Pence. For the America First Policy Institute, one of several groups formed after Trump left office to help lay the groundwork for the next Republican administration, Kellogg in April wrote that “bringing the Russia-Ukraine war to a close will require strong, America First leadership to deliver a peace deal and immediately end the hostilities between the two warring parties.” (AP Photo/Mariam Zuhaib) Stay up-to-date on the latest in local and national government and political topics with our newsletter.
Joel Isaacson & Co. LLC grew its holdings in shares of Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) by 3.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 157,724 shares of the e-commerce giant’s stock after purchasing an additional 5,948 shares during the quarter. Amazon.com comprises about 1.4% of Joel Isaacson & Co. LLC’s investment portfolio, making the stock its 15th biggest position. Joel Isaacson & Co. LLC’s holdings in Amazon.com were worth $29,389,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also modified their holdings of the company. Foundations Investment Advisors LLC raised its holdings in shares of Amazon.com by 9.7% during the 3rd quarter. Foundations Investment Advisors LLC now owns 184,594 shares of the e-commerce giant’s stock valued at $34,395,000 after purchasing an additional 16,392 shares in the last quarter. Zhang Financial LLC raised its holdings in shares of Amazon.com by 12.9% during the 3rd quarter. Zhang Financial LLC now owns 51,091 shares of the e-commerce giant’s stock valued at $9,520,000 after purchasing an additional 5,828 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Amazon.com by 0.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,847,177 shares of the e-commerce giant’s stock valued at $550,217,000 after purchasing an additional 14,766 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Amazon.com by 19.2% during the 3rd quarter. GAMMA Investing LLC now owns 119,205 shares of the e-commerce giant’s stock valued at $22,211,000 after purchasing an additional 19,231 shares in the last quarter. Finally, Stonekeep Investments LLC bought a new position in shares of Amazon.com during the 2nd quarter valued at $2,588,000. Institutional investors own 72.20% of the company’s stock. Analyst Ratings Changes AMZN has been the topic of several recent analyst reports. Loop Capital lifted their target price on shares of Amazon.com from $225.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Amazon.com from $225.00 to $232.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Wells Fargo & Company reiterated an “equal weight” rating and issued a $197.00 target price on shares of Amazon.com in a report on Wednesday, November 20th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $230.00 target price on shares of Amazon.com in a report on Monday, October 7th. Finally, Roth Mkm lifted their target price on shares of Amazon.com from $210.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Two equities research analysts have rated the stock with a hold rating, forty-one have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $236.20. Amazon.com Stock Performance NASDAQ AMZN opened at $207.89 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The firm’s fifty day moving average price is $194.78 and its two-hundred day moving average price is $186.94. Amazon.com, Inc. has a 1 year low of $142.81 and a 1 year high of $215.90. The firm has a market capitalization of $2.19 trillion, a P/E ratio of 44.52, a price-to-earnings-growth ratio of 1.38 and a beta of 1.14. Amazon.com ( NASDAQ:AMZN – Get Free Report ) last issued its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.29. The company had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The company’s revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.85 earnings per share. As a group, research analysts anticipate that Amazon.com, Inc. will post 5.29 EPS for the current year. Insider Activity In related news, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total value of $246,237.22. Following the transaction, the director now directly owns 24,912 shares in the company, valued at approximately $4,958,982.72. This represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link . Also, CEO Douglas J. Herrington sold 5,502 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $205.81, for a total transaction of $1,132,366.62. Following the completion of the transaction, the chief executive officer now owns 518,911 shares in the company, valued at $106,797,072.91. This trade represents a 1.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 6,026,683 shares of company stock valued at $1,252,148,795 over the last ninety days. 10.80% of the stock is currently owned by company insiders. Amazon.com Company Profile ( Free Report ) Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content. See Also Five stocks we like better than Amazon.com High Dividend REITs: Are They an Ideal Way to Diversify? The Latest 13F Filings Are In: See Where Big Money Is Flowing Basic Materials Stocks Investing 3 Penny Stocks Ready to Break Out in 2025 What is the Nasdaq? Complete Overview with History FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter .Elon Musk and Vivek Ramaswamy test drove their new Department of Government Efficiency, or DOGE , on Capitol Hill this week, visiting House and Senate Republicans, who celebrated their promise of reduced government and dramatically lower federal spending. But the duo kept their remarks short. While tossing out a number with a dozen zeroes in it – Musk has spoken of saving "at least $2 trillion" in federal spending -- they offered little by way of programmatic detail. To their credit, they were there to hear from members who have been on the frontlines of the budget wars for decades. And if they were listening to people like Tom Cole, the Oklahoma Republican who will now chair the House Appropriations Committee, they heard a cautionary note. Cole was among the members meeting with Musk and Ramaswamy this week and told the New York Times they were "trying to understand the full scope" of the DOGE project and "how much would be done by executive action." People typically talk about "the budget," but the real business of spending takes place in the appropriations process, where the notional becomes real. Such appropriations are the fundamental and ultimate business of Congress, as per the Constitution . Whatever the DOGE winds up offering or contributing, it cannot pass appropriations without Congress. Efforts to circumvent the Hill by using impoundment or other executive maneuvers will confront the Budget Control and Impoundment Act of 1974 – a major victory for Congress' spending powers in the year President Richard Nixon was weakened by impeachment proceedings that led to his resignation. Yet the DOGE team has an unmistakable swagger, not unlike their sponsor in President-elect Donald Trump. Still, for those with long Washington memories, DOGE stirs echoes of similar promises made in the past – that recall frustrations and futility. Making it a mantra Vows to shrink the federal deficit, pay down the national debt and "run government more like a business" have long been a stock element of electoral politics – especially in eras when populist anti-tax and anti-government sentiments were running strong. Candidates for office who have business backgrounds or MBAs have made it a mantra. It was a component in Ronald Reagan's carefully constructed bid for the presidency in 1980, which decried a federal debt that was approaching $1 trillion. It was a scary figure at a time when that "T-word" had scarcely common usage. In office, Reagan assigned the deficit and spending problems to his first director of the Office of Management and Budget, a young Republican congressman from Michigan named David Stockman. A former seminarian who spoke with great conviction, Stockman attacked bloat in the budgets of past presidents as if they were a species of sin. Democrats, and not a few Republicans, were put off and pushed back. But Stockman was a true believer, not just in Reagan but in the power of the knife. He produced some of the most dramatic cuts in programs affecting mass constituencies that have ever been discussed. Even the Senate Budget Chairman Peter Domenici, a Republican budget hawk in his own right, reminded Stockman of Senate "prerogatives" at a critical moment in Reagan's first-year confrontation with Congress. Ultimately, Stockman's mandate to cut spending collided with two other Reagan articles of faith: tax cuts and a vigorous military build up to challenge what was then still the Soviet Union. By the end of Reagan's first term, some spending had been cut, but tax cuts and a trillion in new defense spending had doubled and would soon triple that trillion-dollar national debt figure. And Stockman was out of government writing a memoir called The Triumph of Politics: Why the Reagan Revolution Failed. Reagan then turned to a businessman named J. Peter Grace and a commission charged with finding efficiencies in the government. Grace and his cohort got into the weeds and made many useful recommendations, some of which the various agencies of the government adopted. But the optics were not so good when it was revealed that Grace's business, W. R. Grace & Company, itself had paid almost no taxes in the year Reagan appointed its chairman to head his commission. Spending and taxes were a major focus for Reagan's immediate successor, George H.W. Bush. Without the benefit of any outside commissions, the first Bush managed to reach a compromise with Democratic majorities in the House and Senate that both cut spending and raised revenue the old-fashioned way -- through higher taxes. It formed the basis for a relatively successful decade of budget policy that, in theory or on paper at least, made a balanced budget a practical projection prior to the year 2000. But the tax component of that 1990 package broke Bush's "no new taxes" pledge and cost him substantial support in his own party. House Republican leader, Newt Gingrich, led a rebellion against the package, and conservative firebrand Pat Buchanan challenged Bush in the 1992 primaries, weakening Bush's bid for a second term. That experience made higher taxes all but unmentionable in the GOP. That turn recognized the rise of an anti-tax and government-skeptical populism on the right that has been a major force in American politics ever since. New voice on the right Among the new voices on the right was that of H. Ross Perot, a Texan and an early high-tech billionaire who ran against Bush and the deficit and Washington in general as an independent candidate for president in 1992. Perot was a billionaire at a time when there were not so many of them, and his suggestions about running the government more like a business hit home with many. For a time in June 1992, Perot was nearing 40% in national polls while the incumbent Bush and his Democratic challenger Bill Clinton were both below 30%, Another businessman, legendary automaker Lee Iacocca, had flirted with a White House campaign for a time in the late 1980s, sounding the same theme. The implication was that any competent private-sector manager could do a better job than the politicians and bureaucrats who only served themselves. Perot's campaign in 1992 and a sequel in 1996 eventually fell short, but the spirit he had unleashed with his independent bid sounded alarms in both the major parties. The issue of federal deficits and spending was only part of that spirit, but it was one the parties could at least attempt to address. The Republican reaction was to back a constitutional amendment requiring a balanced budget, which at least sounded like a solution. When the GOP next had majorities in both chambers, its leaders managed to get to two thirds approval in the House but fell short in the Senate. The Democrats, meanwhile, put at least some faith in a new effort called the National Performance Review under the aegis of Vice President Al Gore. It was supposed to streamline the federal establishment, which Gore referred to as "reinventing government." Like DOGE, the impetus for REGO (as some called it) was to cut spending, reduce regulation and cut down the size of the federal workforce. In pursuit of those goals, and backed by President Bill Clinton, Gore unearthed some of the work of the Grace Commission. Grace's operation produced a small library of recommendations but had too little to show for it in terms of real change. Clinton began his 1996 State of the Union by declaring "the era of big government is over" and highlighted six-figure reductions in the federal workforce as part of his reelection campaign. Yet overall, spending kept going up. And at times it took major leaps upward such as the War on Terror in the first decade after 9/11 and the outlays to counteract the Wall Street meltdown of 2008-2009, caused by the mortgage-backed securities crisis. Spending and the debt scaled new heights after COVID struck and the economy staggered. The need to look frugal Through it all, administrations and Congress kept looking for ways to look frugal. One that won applause from inside government and out was the National Commission on Fiscal Responsibility and Reform, launched in 2010 during what some called the "Great Recession." It was known as the Simpson-Bowles commission for its Republican and Democratic chairs, former Wyoming Sen. Alan Simpson and former White House Chief of Staff Erskine Bowles. It took seven months to produce an ambitious, balanced package that trimmed Social Security and Defense and also restrained some tax breaks and raised the federal gasoline tax. But only 11 of the 18 members of the commission voted for the package, falling short of the required supermajority of 14. In later years, there would be additional efforts, some with the support of the White House and some without. The House and Senate deal struck by Republican Rep. Paul Ryan and Democratic Senator Patty Murphy in 2015 ended a government shutdown and revived the spirit of Simpson-Bowles. But it too fell short of being the grand bargain some in both parties and many in the academic community were calling for. Overall, each of these efforts learned what Gore and Grace and Stockman had learned: Whatever successes they achieved, federal spending kept going up because the "big fish" in the federal budget were not getting caught. Where are the big ones? The biggest elements of federal spending begin with interest in the existing debt. It was a trillion when Reagan ran against it in 1980. It tripled in the decade that followed, and it has tripled since then and tripled again. It now exceeds $36 trillion and is rising. The next hardest fish to catch? Payments to American citizens through Social Security, Medicare, Medicaid, veterans' health benefits and other programs that do not need annual appropriations. That's more than half the federal budget right there. Payments under these programs essentially just send the bills to the taxpayers, yet the taxpayers have made it clear they do not want those payments to stop. The third denizen of the deep that budget hawks cannot reach is the budget for defense or national security. The growth in that category has only slowed occasionally since Reagan came to office, and since 9/11 it has been more or less beyond challenge. At 13% of the budget it is almost two-thirds the price tag of Social Security. And any chance of curtailing it probably went out the window with the election of the current Republican majorities in Congress. But responsibility for the current condition of U.S. finances rests on both political parties, and, ultimately, on the voters who keep returning them to office. Still, clearly, efforts to root out government inefficiencies and slash spending, at least in message, continue. Stockman, by the way, at 78 is still at it, posting regularly to his David Stockman's Contra Corner , with a series of memos to Musk and Ramaswamy on "How to Cut $2 Trillion of Fat, Muscle and Bone." This week he was up to Memo #11. Copyright 2024 NPRNo. 22 Illinois 38, Northwestern 28
Icelanders have voted to elect a new parliament after disagreements over immigration, energy policy and the economy forced Prime Minister Bjarni Benediktsson to pull the plug on his coalition government and call an early election. All polling stations managed to open despite fierce weather in the sub-Arctic nation that left roads in many areas blocked by snow. Ballot counting began after polls closed at 10pm local time, with results expected early Sunday. This is Iceland’s sixth general election since the 2008 financial crisis devastated the economy of the nation and ushered in a new era of political instability. Opinion polls suggested the country could be in for another upheaval, with support for the three governing parties plunging. Mr Benediktsson, who was named prime minister in April following the resignation of his predecessor, struggled to hold together the unlikely coalition of his conservative Independence Party with the centrist Progressive Party and the Left-Green Movement. “My expectation is like, something new (is) going to happen, hopefully,” said Horour Guojonsson, voting in the capital, Reykjavik. “We always have had these old parties taking care of things. I hope we see the light now to come in with a younger people, new ideas.” Iceland, a nation of about 400,000 people, is proud of its democratic traditions, describing itself as arguably the world’s oldest parliamentary democracy. The island’s parliament, the Althingi, was founded in 930 by the Norsemen who settled the country.
Thomson to succeed Peter A. Altabef, effective April 1 , 2025 Altabef, CEO since 2015, to remain as Chair of the Board BLUE BELL, Pa. , Dec. 5, 2024 /PRNewswire/ -- The Unisys (NYSE: UIS) Board of Directors announced today that it unanimously elected Mike Thomson , current President and Chief Operating Officer at Unisys, to succeed Peter Altabef as the company's CEO, effective April 1, 2025 . Also, effective April 1 , Thomson will join the company's Board and will retain his current title as President. Altabef, currently Chair and CEO, will continue as Chair of the Board. "On behalf of the entire Board, I am delighted to have a leader of Mike's caliber to be the next CEO and President of Unisys," said Altabef. "He is a proven executive who has exceptional leadership qualities and the experience to continue to advance our company. As our President and COO, Mike has helped shape and execute the strategies that have driven our strong ongoing performance, and he has a proven track record of operational excellence – both at Unisys and in other roles throughout his career – that position him well for the company's next chapter. Mike's passion for Unisys and the work we do for our clients, his authentic leadership, and deep knowledge of the business will make him an excellent CEO." Thomson joined Unisys in 2015 as the Corporate Controller and Principal Accounting Officer, advanced to Chief Financial Officer in 2019, and was named President and COO in 2021, responsible for overseeing the company's commercial organization and its business units, among other functions. For more than 25 years, Thomson has held progressively senior roles across a diverse set of industries, in addition to his most recent roles at Unisys, proving his strong ability to advance and run the operations of a company. "The selection of the CEO and ensuring a smooth and successful transition is one of the Board's most important responsibilities," said Nate Davis , Lead Independent Director of the Board. "Mike's skill at strengthening Unisys' financial standing and operational capabilities positions him to lead the company effectively. At the same time, we are fortunate to benefit from Peter's ongoing and active role as Chair. Peter's bold vision to build on the company's strong roots as an innovator was the catalyst for leading Unisys through a major brand and culture transformation, with results that made the company more relevant and visible to its clients, prospects, and other stakeholders. Peter has exemplified the Unisys culture and inspires people with his commitment to preparing for what's around the corner." Altabef has served as CEO since January 2015 , and as Board Chair since April 2018 . During his tenure, he has led the way for a new wave of innovation for the 151-year-old company. "I am honored to step into the CEO role," said Thomson. "Peter's leadership has positioned us well as a company, and I am proud to carry on that leadership legacy for our business and our people for the next chapter of the Unisys story. Our commitment to excellence and innovation for our clients and the drive for growth and improved profitability as part of our transformation journey remains strong. I look forward to continuing my relationship with Peter and working with our exceptional leadership team to deliver on our strategy and be prepared to capitalize on new opportunities that will propel us forward." Unisys' total company full-year revenue growth and non-GAAP operating profit margin guidance provided in its third-quarter 2024 earnings announcement on October 29, 2024 , has not changed. Forward-Looking Statements This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Words such as "anticipates," "estimates," "expects," "projects," "may," "will," "intends," "plans," "believes," "should" and similar expressions may identify forward-looking statements and such forward-looking statements are made based upon management's current expectations, assumptions and beliefs as of this date concerning future developments and their potential effect upon Unisys. There can be no assurance that future developments will be in accordance with management's expectations, assumptions and beliefs or that the effect of future developments on Unisys will be those anticipated by management. Forward-looking statements in this release include, but are not limited to, statements made in Messrs. Altabef, Davis and Thomson's quotations, any projections or expectations of growth and profitability, the assumptions and other expectations made in connection with our full-year 2024 financial guidance and statements regarding future economic conditions or performance. Additional information and factors that could cause actual results to differ materially from Unisys' expectations are contained in Unisys' filings with the U.S. Securities and Exchange Commission (SEC), including Unisys' Annual Reports on Form 10-K and subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other SEC filings, which are available at the SEC's web site, http://www.sec.gov . Information included in this release is representative as of the date of this release only and while Unisys periodically reassesses material trends and uncertainties affecting Unisys' results of operations and financial condition in connection with its preparation of management's discussion and analysis of results of operations and financial condition contained in its Quarterly and Annual Reports filed with the SEC, Unisys does not, by including this statement, assume any obligation to review or revise any particular forward-looking statement referenced herein in light of future events. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events. About Unisys Unisys is a global technology solutions company that powers breakthroughs for the world's leading organizations. Our solutions – cloud, AI, digital workplace, logistics, and enterprise computing – help our clients challenge the status quo and unlock their full potential. To learn more about how we've been helping clients push what's possible for over 150 years, visit unisys.com and follow us on LinkedIn . RELEASE NO.: 1205/9975 Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder. UIS-C View original content to download multimedia: https://www.prnewswire.com/news-releases/unisys-appoints-michael-m-thomson-as-chief-executive-officer-302324343.html SOURCE Unisys CorporationThese Black Friday TV deals are still going strong
With Black Friday sales in full swing, there are still plenty of terrific deals to take advantage of. It’s the perfect time to shop for expensive electronics, including TV’s. Until Cyber Monday, you’ll be able to snag a high-end TV at a nice discount. Several top brands are offering huge deals on their best models. We’re seeing fantastic discounts on Samsung, LG, Sony and Hisense TVs. Whether you want a big-screen TV or something smaller for casual viewing, there are many options to consider getting during this sale event. Last updated on Nov. 30, 2024, at 2 a.m. ET. In this article: Samsung 55-Inch Class QLED 4K The Frame Series Smart TV , LG 77-Inch Class OLED B4 Series Smart TV and Hisense U6 Series 65-Inches ULED 4K Smart TV . The cool thing about this smart TV is that it features an Art mode you can enable, which displays modern and classic art pieces whenever you’re not watching. The color volume is fantastic, the matte film reduces light glare and the frame is customizable with multiple color bezel options. If you’re looking for an affordable 4K smart TV, this 65-inch LED model won’t disappoint. Motion Xcelerator reduces blur and lag, and object tracking delivers impressive 3D surround sound. It supports HDR and Mega Contrast to minimize the difference between light and dark areas. This Roku TV offers a sharp 4K resolution and supports HDR10+ technology, which enhances color, contrast and brightness. The home screen is customizable with shortcuts to your favorite apps, and the voice remote lets you effortlessly search for paid and free content. Are you looking for a solid TV for casual viewing? This 40-inch Amazon Fire TV has plenty to offer. The Fire TV platform provides quick access to live TV, video games and music, and the remote has a dedicated Alexa button for launching apps, searching for content and controlling smart devices on your network. This TV boasts Quantum Dot technology for reproducing stunning visuals and bright colors. When mounted, its AirSlim design allows it to blend seamlessly with your wall. The advanced processor automatically transforms non-UHD content into 4K and improves sound. You’d be hard-pressed to find a better TV for your home entertainment hub than this 77-inch LG smart TV. OLED technology produces accurate colors and deep blacks, and the a8 AI processor automatically fine-tunes the picture quality based on what you’re watching. Plus, it features NVIDIA G-Sync, AMD FreeSync Premium and VRR for improved gaming. This high-end smart TV boasts advanced OLED HDR+ technology, which enhances image brightness and clarity. Dolby Atmos and Object Tracking Sound Lite produce excellent sound quality, and the 144-hertz refresh rate delivers ultrasmooth motion for gaming and live sports. Plus, the smart Tizen OS offers streaming and gaming access. If you want a cheap smart TV for a smaller room in your home, this 42-inch Insignia Fire TV is the one for you. It’s a full HD TV with a 1080p resolution and a built-in Fire TV interface for streaming content from apps such as Netflix, Prime Video and Disney+. The Alexa voice remote makes it easy to find your favorite movies. This Hisense 65-inch TV features advanced Mini-LED technology for reproducing dark blacks and vibrant colors. Dolby Vision delivers superior picture quality, and the dedicated game mode provides a variable refresh rate for smooth gaming. The voice remote is convenient for finding content, and the smart TV interface is intuitive. If you have the space in your home for this massive TV, you’ll love the cinematic experience it offers. QLED technology delivers dazzling visuals and rich colors, and HDR Pro+ boosts contrast, brightness and clarity no matter what you watch. It has an integrated Google TV interface and is compatible with Alexa. Amazon Fire TV 43-Inch 4-Series 4K UHD Smart TV 38% OFF Amazon Fire TV 65-Inch Omni QLED Series 4K UHD Smart TV 25% OFF Amazon Fire TV 50-Inch Omni Series 4K UHD Smart TV 31% OFF Sony 75-Inch 4K Ultra HD Google TV Bravia TV 28% OFF Samsung 55-Inch Class QLED 4K Q80D Series Quantum HDR+ Smart TV 33% OFF LG 86-Inch Class UHD Smart TV 23% OFF LG 55-Inch Class QNED85T Series LED Smart TV 13% OFF Prices listed reflect time and date of publication and are subject to change. Check out our Daily Deals for the best products at the best prices and sign up here to receive the BestReviews weekly newsletter full of shopping inspo and sales. BestReviews spends thousands of hours researching, analyzing and testing products to recommend the best picks for most consumers. BestReviews and its newspaper partners may earn a commission if you purchase a product through one of our links.