The Latest Breaking News from Bloomin Brands

Outback Steakhouse's parent company Bloomin' Brands has closed 21 locations and suspended shareholder dividends as it launches a major restructuring plan.

Outback Steakhouse begins a major turnaround after closing 21 U.S. restaurants to improve service, menus, and customer experience.

Bloomin' Brands has seen a 35% slide in its stock price this year

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.14%. Stocks on Friday settled mixed, with the S&P 500...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.58%. Stocks this morning are moderately lower, with the S&P...

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.66%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.94%, both at 2-month lows. This morning, Stock indexes are under pressure as worries about China’s economy and higher global interest rates dampen market sentiment. Stock...

In an increasingly toxic political climate, the reputational risks of corporate donations to candidates could outweigh the potential gains.

Bloomin Brands (NASDAQ:BLMN) has observed the following analyst ratings within the last quarter:

A top fast food restaurant saw shares jump on rumors of a potential takeover by a leading investor. The move would follow up a busy 2021, which saw several large transactions in the space. Here’s a look at how merger and acquisition activity could shape up in the restaurant sector.