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Fashion brand True Religion acquired by Acon Investments

Private Equity Insights

True Religion announced on Tuesday that private equity firm Acon Investments has acquired a majority stake in the company. The US-based clothing company will maintain its independence following the acquisition. Equally, earnings before interest, taxes, depreciation, and amortisation (EBITDA) reached $80m.

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Why Shares in This Housing Market Products Company Crashed This Week

The Motley Fool

Shares in fiber cement siding company James Hardie Industries (NYSE: JHX) declined by 15.8% There's no doubt why the move occurred; the announcement of an agreement to combine with outdoor decking company Azek (NYSE: AZEK) on Monday sent the shares sharply lower. in the week to Friday morning. billion Azek deal. billion Azek deal.

Companies 233
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Where Will Palantir Stock Be in 5 Years?

The Motley Fool

Investor optimism about artificial intelligence (AI) is rising, while global tensions could boost demand for the company's military targeting and analytics software. The company made a name for itself in the aftermath of the Sept. The company's current fundamentals don't justify its price tag. Valuation is another major concern.

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Prediction: This Tech Giant Will Emerge as the Leading Artificial Intelligence Company in the World

The Motley Fool

Companies have spent tens of billions of dollars in a race to advance artificial intelligence capabilities over the past two years. Several companies have emerged as big winners in the early days of the generative AI boom, but not all of them will maintain their leading position. Indeed, the company's free cash flow totaled $10.9

Companies 246
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Prediction: SoundHound AI Stock Will Soar in 2025

The Motley Fool

The company's platform delivers strong advancements in this technology, and it has already seen widespread adoption in some fields. million for the quarter, meaning expenses more than doubled what the company generated in revenue. However, the recognition of voice inputs has always been OK at best, and the response quality also varied.

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The Smartest High-Yield Energy Stocks to Buy With $1,000 Right Now

The Motley Fool

Many of these companies are structured as master limited partnerships (MLPs), which pass through their profits to their unitholders and as such don't pay corporate taxes. In the past, companies often had a structure of a general partner (GP) and limited partner (LP) that ultimately was more beneficial to the GP.

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Cathie Wood Predicts Tesla Stock Will Reach $2,600: I Predict It Will Fall Further From $240

The Motley Fool

The electric vehicle maker and tech company is seeing slowing sales, declining deliveries, and is failing to bring viable new products to market. Falling deliveries, inventory buildup In the past couple of years, CEO Elon Musk's focus has been divided among a wide range of companies, products, and services (and several political endeavors).