Sat.Mar 02, 2024

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The 5 Little-Known Perks of Owning a Hybrid Car Over an EV

The Motley Fool

Image source: Getty Images Hybrid vehicles are increasingly popular with American drivers, and more than 1.2 million were sold last year. Their popularity is surging despite a general push by automakers to sell fully-electric vehicles (EVs). While EV sales are growing, some consumers are weighing the benefits and drawbacks of hybrids, and many are choosing to go with hybrid options.

Taxes 246
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Healthcare investor looks to cash in on pharma outsourcing trend with €1bn-plus sale

Financial Times M&A

GHO Capital has put contract research group FairJourney Biologics up for sale

Investors 105
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1 "Magnificent Seven" Stock Down 52% to Buy and Hold Forever

The Motley Fool

The "Magnificent Seven" stocks have dominated market headlines for the past year or so. These big tech stalwarts, often worth over a trillion dollars each, have collectively obliterated the broader market. However, "Magnificent Seven" member Tesla (NASDAQ: TSLA) is one notable exception. The stock has been virtually flat over the past 12 months and down over 50% from its high.

Investors 246
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The contrarian placing Elliott’s bets on the UK high street

Financial Times M&A

Paul Best is leading the US hedge fund’s bid for Currys in an attempt to boost its retail portfolio

Bidding 104
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Why Is Poland Buying $1.2 Billion in Blimps from RTX Corp?

The Motley Fool

It's ba-a-ck! If you lived on the East Coast in 2015, you probably remember the saga of Raytheon's wandering blimp. A few days before Halloween, a Joint Land Attack Cruise Missile Defense Elevated Netted Sensor System (JLENS) air defense aerostat that Raytheon -- now RTX Corporation (NYSE: RTX) -- sold to the military broke loose from its moorings and began floating willy-nilly up and down the countryside before eventually being shot out of the sky by Pennsylvania State Troopers armed with shotg

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ETCHE SELLS THE GALLIC PORTFOLIO, CONSISTING OF FIVE ASSETS IN THE LYON REGION

KKR

Paris, 18 December 2023 - Etche, KKR’s logistics real asset platform in France, has sold a portfolio of five assets located in the Lyon region, with a total area of approximately 29,000 square meters.

Assets 40

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KKR Announces Intra-Quarter Monetization Activity Update for the Fourth Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from October 1, 2023 to December 21, 2023. Based on information available to us as of today, with respect to the period through December 21, 2023, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $500 million.

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1 Top Cryptocurrency to Buy Before It Soars Another $500 Billion in Value, According to Fidelity Investments

The Motley Fool

With Bitcoin (CRYPTO: BTC) soaring in price, analysts and traders are now ratcheting up their predictions for just how much higher this crypto could go. While some of these predictions sound like pie-in-the-sky wishful thinking -- such as claims that Bitcoin will skyrocket in value to $1 million in a matter of weeks -- there are actually some predictions that are much more grounded in reality.

Investing 246
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KKR Completes Acquisition of Remaining 37% of Global Atlantic

KKR

NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) and The Global Atlantic Financial Group LLC (together with its subsidiaries, “Global Atlantic”) today announced the closing of the previously-announced transaction in which KKR is acquiring the remaining 37% of Global Atlantic, increasing KKR’s ownership to 100%. This press release features multimedia.

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Warren Buffett Calls This Metric "Worse Than Useless," but Everyone Uses It. Here's How to Make Yourself a Smarter Investor.

The Motley Fool

Investors look forward to Warren Buffett's annual shareholder letter, and in the 2023 version, released on Feb. 24, he didn't disappoint. It was chock-full of Buffett's typical down-to-earth, blunt, and solid investing advice mixed with his wit and humor. He paid tribute to his decades-long investing partner, Charlie Munger, who passed away last year, and in a first, he addressed the letter as if he were writing to his sister Bertie.

Investors 246
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KKR Launches New Digital Global Education Platform for Financial Advisors and Individual Investors

KKR

Platform to help fill the knowledge gap around the alternatives landscape, which has long served as a barrier to private markets investing NEW YORK--(BUSINESS WIRE)-- Today, KKR, a leading global investment firm, unveiled “KKR Alternatives Unlocked,” a digital platform designed to empower financial advisors and their clients to better understand the alternatives investing landscape.

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3 Stocks I Plan to Buy for My Retirement Account in March

The Motley Fool

I add cash to my retirement accounts each month. Depending on market conditions and my current cash position, I like to deploy at least some of it immediately. Even though stocks are near an all-time high, and my cash is lower than I'd like, I plan to buy a few stocks in March because they're just such attractive opportunities right now. Realty Income (NYSE: O) , Starbucks (NASDAQ: SBUX) , and Verizon Communications (NYSE: VZ) top the list of stocks I plan to buy in my retirement accounts this m

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KKR & Co. Inc. to Announce Fourth Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the fourth quarter 2023 on Tuesday, February 6, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Tuesday, February 6, 2024 at 10:00 a.m. ET.

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3 Secrets of 401(k) Millionaires

The Motley Fool

Retiring with at least $1 million is a goal for many. Sadly, most people don't achieve it, at least not via retirement accounts. Only about 3.2% of American households had at least $1 million saved in retirement accounts, according to an analysis by the Employee Benefit Research Institute of Federal Reserve consumer data from the end of 2019. It's not inside information or special savings accounts that separate those with $1 million saved for retirement from the average person trying to build a

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KKR acquires two Multi-Family blocks at Wembley Park from Quintain

KKR

London, 22 January 2024 – KKR, a leading global investment firm, today announces the acquisition of two high-quality, purpose Build-to-Rent (BtR) multi-family buildings from Quintain, the developer and asset manager behind Wembley Park, for an undisclosed sum.

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Arm Stock Has 26% Downside, According to 1 Wall Street Analyst

The Motley Fool

It's no secret that Arm Holdings (NASDAQ: ARM) stock benefitted from the artificial intelligence (AI) boom. Since its IPO at $51 per share in September, the stock price has nearly tripled, with shares trading for $146 on Monday. One analyst suggests the price spike put Arm's valuation into rarified territory and pullback is coming. New Street Research analyst Pierre Ferragu downgraded Arm to neutral (hold) from buy while maintaining a one-year price target of $110.

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KKR Provides Global Accounts Receivable Facility to Weber LLC

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced that its private credit funds and accounts have provided a non-recourse accounts receivable financing for Weber LLC (“Weber”), the global leader in outdoor cooking products, innovation, and technology, to support the company’s operations and strategic investments in long-term growth. The initial $200 million facility is collateralized by certain.

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If You Do One Thing Before Shopping at Costco, Do This

The Motley Fool

Image source: Getty Images If you're a Costco member, it often makes sense to buy many of your household items at the warehouse club to take advantage of the discounted prices. But, you'll want to be smart about how you shop. One way you can do that is to avoid unnecessary trips to the store, as each time you visit a Costco, you're at risk of making impulse buys that could drain your bank account.

Banks 246
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Optio Investment Partners, Kennedy Lewis Investment Management and KKR announce multi-year financing agreement

KKR

Stockholm and London, 23 January, 2024 – Optio Investment Partners (“Optio”), an innovative credit platform, Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading alternative credit manager, and KKR, a leading global investment firm, today announced a multi-year, multi-jurisdiction agreement. Under this agreement, Kennedy Lewis and KKR will provide asset-based funding to support the Optio Auto Evolution strategy, driving next generation auto financing.

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Will Meta Platforms Be Worth More Than Apple by 2030?

The Motley Fool

Meta Platforms ' (NASDAQ: META) stock has rallied by about 180% over the past 12 months and now trades just a few dollars shy of its all-time high. Investors rushed back to the social media giant as its advertising business recovered, and as management expanded its share buyback authorization by $50 billion and initiated a dividend. That rally lifted Meta's market cap past the trillion-dollar mark for the first time in two years this January, and it's now worth $1.2 trillion.

Returns 246
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KKR Closes US$6.4 Billion Asia Pacific Infrastructure Investors II Fund

KKR

Fund is largest pan-regional infrastructure fund to have been raised for Asia Pacific More than half of the Fund already invested or committed across ~10 investments HONG KONG--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final close of KKR Asia Pacific Infrastructure Investors II SCSp (the “Fund”), a US$6.4 billion fund focused on infrastructure-related.

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5 Vanguard ETFs That Could Be Millionaire-Makers

The Motley Fool

What's the most straightforward way to make $1 million? My answer is to consistently invest in a diverse group of stocks over the long term. This approach is kind of like the tortoise in Aesop's fable about the tortoise and the hare. It might not be exciting, but it can help you win the race. I also think that the easiest way to invest in a diverse group of stocks is to buy exchange-traded funds (ETFs).

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ContourGlobal appoints Antonio Cammisecra as Chief Executive Officer

KKR

London, 5 February 2024 – ContourGlobal Ltd. (“ContourGlobal”), a developer, owner and operator of power generation assets around the world, today announces the appointment of Antonio Cammisecra as CEO, effective 2 February, 2024.

Assets 40
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3 Artificial Intelligence (AI) Stocks That Could Help Make You a Fortune

The Motley Fool

"Over time, it takes just a few winners to work wonders." -- Warren Buffett, from the 2022 Berkshire Hathaway letter to shareholders One big winner can make a fortune. No one knows this better than the Oracle of Omaha. Take Apple , one of Buffett's most famous investments. A $50,000 investment, made in 2007 -- the same year the iPhone debuted -- would have grown to a cool $3.5 million today, a mere 17 years later.

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KKR & Co. Inc. Reports Fourth Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its fourth quarter 2023 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial.

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Super Micro Computer Stock Analysis: Financial Statement Series

The Motley Fool

Fool.com contributor Parkev Tatevosian reviews Super Micro Computer 's (NASDAQ: SMCI) financial statement to reveal crucial information investors should know. *Stock prices used were the afternoon prices of Feb. 28, 2024. The video was published on March 1, 2024. Should you invest $1,000 in Super Micro Computer right now? Before you buy stock in Super Micro Computer, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors t

Returns 246
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KKR to Present at the Bank of America Securities Financial Services Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Bank of America Securities Financial Services Conference 2024 on Wednesday, February 21, 2024 at 10:30AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For.

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Should You Take Social Security at Age 62, 65, or 70? A Thorough Study Offers an Undeniably Huge Clue

The Motley Fool

No social program ensures the financial well-being of America's aging workforce more than Social Security. According to recently updated estimates from the Centers on Budget and Policy Priorities, America's top retirement program lifts almost 22.7 million people out of poverty each year, including 16.5 million adults aged 65 and over. It's also singlehandedly reduced the elderly poverty rate by roughly three-quarters, compared to what it would be if Social Security didn't exist.

Companies 246
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KKR’s Henry McVey Says Leading Family Offices Plan to Allocate More to Alternatives in 2024

KKR

New Asset Allocation Report Based on Proprietary Survey Highlights the Growth Ambitions of Family Offices NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “Loud and Clear,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA). Based on a proprietary survey of more than 75 Chief Investment Officers.

Assets 40
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Potential Stock Splits in 2024: 2 Top Growth Stocks Up 264% and 216% in 5 Years to Buy Now

The Motley Fool

Investors get excited about stock splits for two reasons. The most obvious reason is they reduce a company's share price, making the stock more accessible. The less obvious reason is they often spotlight strong businesses. To elaborate, forward stock splits are only necessary after substantial share price appreciation, which rarely happens to mediocre businesses.

Bidding 246
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KKR Leads Financing for Clarience Technologies’ Acquisition of Safe Fleet

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that it served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ Acquisition of Safe Fleet. KKR invested in the transaction through its credit vehicles and accounts. KKR Capital Markets acted as Left Lead Arranger and Joint Bookrunner on the transaction.

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Open Enrollment Is Over. Here's What to Do if You Still Don't Have Health Insurance

The Motley Fool

Image source: Getty Images The annual open enrollment period for health insurance ended as of Jan. 16, 2024. But open enrollment is not your only chance to get health insurance. If you've had a job change, or if you or someone in your family has had other big changes in their life or income, you can get health insurance outside of open enrollment. If you don't have health insurance, or if your company is going through layoffs and you're worried about what happens next, rest assured that you stil

Taxes 246
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KKR to Acquire Broadcom’s End-User Computing Division

KKR

MENLO PARK, Calif.--(BUSINESS WIRE)-- KKR today announced the signing of a definitive agreement with Broadcom Inc. (NASDAQ: AVGO) to acquire its End-User Computing Division (the “EUC Division”) in a transaction valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital and a dedicated strategic.

Capital 40
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Forget the "Magnificent Seven:" This Beaten-Down Growth Stock Is the Next Trillion-Dollar Company

The Motley Fool

Investing in " Magnificent Seven " stocks has proven a reliable way to make big profits. Many of these companies -- Apple , Amazon , Alphabet , Meta Platforms , Microsoft , Nvidia , and Tesla -- have seen their share prices double, triple, or even quadruple in value over just a handful of years. While investing in the Magnificent Seven may still be a smart decision, investors looking for the biggest growth opportunities should look elsewhere.

Companies 246