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Financial Strategy

All articles tagged with #financial strategy

business12 days ago

Allison Transmission Acquires Dana's Off-Highway Business to Strengthen Global Leadership

Dana Incorporated has completed the sale of its Off-Highway business to Allison Transmission for $2.7 billion, a move that strengthens its focus on light- and commercial-vehicle markets, reduces debt by about $2 billion, and plans to return $1 billion to shareholders by 2027, supporting its ongoing transformation and growth strategy.

business17 days ago

Paris Hilton Secures Mortgage for $63M Mansion from Mark Wahlberg

Paris Hilton, despite her substantial net worth, took out a $43.75 million mortgage on her $63 million Beverly Hills mansion, a move that aligns with the financial strategy of many ultra-wealthy individuals who prefer to keep liquidity available for investments and other ventures rather than paying cash upfront, illustrating that leveraging debt can be a smart financial decision even for the extremely wealthy.

business1 year ago

Activists Push Macy's to Unlock Real Estate Value Amid Financial Struggles

Activist investors Barington Capital and Thor Equities propose that Macy's could unlock more value by selling its valuable real estate assets, arguing that the company's real estate is worth more than its current market value. They suggest that Macy's could benefit from breaking up its operations and selling off parts, similar to strategies used by other struggling retailers like Sears. Macy's management, however, remains committed to its current strategy of closing underperforming stores and investing in top locations, rejecting the proposal as not in shareholders' best interests.

finance1 year ago

Roth IRA Conversions Surge Amidst Tax Uncertainty

Despite the reduced likelihood of tax hikes under President-elect Donald Trump, demand for Roth IRA conversions is expected to rise as investors focus on long-term tax planning. Roth conversions, which involve shifting pretax IRA funds to a Roth IRA for tax-free growth, are increasingly popular, especially with the potential expiration of Trump's 2017 tax cuts in 2025. Financial advisors recommend considering Roth conversions in lower-income years to minimize taxes, but emphasize the importance of individual financial situations and comprehensive tax projections.