Sun.Sep 15, 2024

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Where Will Walgreens Boots Alliance Be in 3 Years?

The Motley Fool

While you've probably had a consistent experience going to the pharmacies operated by Walgreens Boots Alliance (NASDAQ: WBA) over the years, that doesn't make it a company that's in stasis. In fact, within the next three years, there's a very high chance that it'll be changing in a handful of ways that are relevant to investors. But even if the retail experience doesn't shift much, there's reason to believe that the stock's value will continue to deteriorate as a result of what its management pl

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10 Money Revelations in my 40s

A Wealth of Common Sense

I wrote a post almost 10 years ago about money revelations in my 30s. Here’s an updated version now that I’m approaching my mid-40s (dammit Father Time): 1. Lifestyle creep isn’t always bad. Yes, you need to live below your means, delay gratification and avoid overspending. But I am not a fan of living like a pauper when you’re younger just so you can have more money when you’re older.

Finance 138
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The Fed Is Set to Cut Interest Rates -- the Time to Be Fearful When Others Are Greedy Has Arrived

The Motley Fool

For the better part of the last two years, it's been all systems go for bulls on Wall Street. Since the start of 2023, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) , benchmark S&P 500 (SNPINDEX: ^GSPC) , and growth stock-powered Nasdaq Composite (NASDAQINDEX: ^IXIC) are higher by 25%, 47%, and 69%, respectively, as of the closing bell on Sept. 13, 2024, and have all hit multiple record-closing highs this year.

Banks 246
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Berlin’s bankers at JPMorgan invited UniCredit to bid for Commerzbank stake

Financial Times M&A

Top government officials were unaware of talks with Italian lender that created impression approach was welcome

Bidding 111
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Billionaire Bill Gates Has 69% of His Foundation's $48 Billion Portfolio Invested in Just 3 Phenomenal Stocks

The Motley Fool

When Bill Gates became a billionaire in 1987, he was the youngest person to reach that milestone. He reached billionaire status at 23, and 12 years later became the first centibillionaire, achieving a $100 billion net worth well ahead of anyone else. Gates and his then-wife Melinda established a charitable foundation in 2000 to enhance healthcare and reduce poverty around the world, the Bill and Melinda Gates Foundation.

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Block hostile Taiwan bank takeover for sector’s sake, says rival bidder

Financial Times M&A

Taishin claims $15bn friendly merger with Shin Kong would help banks support Taiwanese tech companies’ global push

Banks 99

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6 items for your not-to-do list

Million Dollar Round Table (MDRT)

By Matt Pais, MDRT Content Specialist You may regularly make a to-do list, but how often do you make a not-to-do list? Try these tactics as an unconventional means of pushing yourself toward exceeding expectations, from past MDRT member Denny Kern Heath, of Kingston, Jamaica.

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My 3 Hot Takes on What Could Happen if the DOJ Takes Action Against Nvidia

The Motley Fool

Last week, reports from Bloomberg, Reuters, and CNBC presented some conflicting details regarding a supposed U.S. Department of Justice (DOJ) subpoena issued to Nvidia (NASDAQ: NVDA) as part of an alleged antitrust investigation. Nvidia's public relations team denies that the company has been subpoenaed, but the mere idea of such action led to some selling activity for the semiconductor stock since the news was first reported on Sept. 4.

Prospects 246
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F1 rival calls for Brussels scrutiny of Liberty Media’s €4bn MotoGP takeover

Financial Times M&A

Formula E’s Alejandro Agag warns deal would hand US group significant power with broadcasters

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Where Will Rocket Lab USA Stock Be in 3 Years?

The Motley Fool

Rocket Lab USA (NASDAQ: RKLB) , the creator of the Electron orbital rocket, went public by merging with a special purpose acquisition company (SPAC) three years ago. The combined company's stock started trading at $11.58, soared to an all-time high of $20.72 just two weeks later, but now trades at less than $7 a share. Like many other SPAC-backed companies, Rocket Lab set the bar too high during its pre-merger investor presentation.

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KKR and Palm Capital to Acquire Prime Last-Mile Logistics Asset in Denmark

KKR

Investment in freehold logistics asset with strong development potential and asset management initiatives in Greater Copenhagen STOCKHOLM--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Palm Capital, the pan-European real estate private equity specialist today announced the acquisition of a prime last-mile logistics asset in Greater Copenhagen, Denmark, from Catena, the.

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2 AI Stocks That Can Crush the S&P 500 Through 2030

The Motley Fool

The S&P 500 has delivered outstanding returns over the last year and is currently up around 23%. However, the index has returned an average annual return of about 10% going back decades, so if you want to find market-beating stocks, you need to look for companies that can sustain high double-digit growth for several years. The artificial intelligence (AI) market is a promising field to look for growth stocks.

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KKR Acquires Park 8Ninety, a 12 Building Class A Industrial Logistics Park in Houston, from Artis REIT

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has completed the acquisition of Park 8Ninety, a 12 building industrial logistics park in Houston, Texas, from Artis Real Estate Investment Trust (“Artis REIT”) for approximately $234 million. The approximately 1.8 million square-foot (SF) master planned park was completed in phases between 2017 and.

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The Smartest Dividend Stocks to Buy With $500 Right Now

The Motley Fool

For investors, dividend-paying stocks offer an immediate return, and those with consistent, rising payouts have performed even better, with less volatility than the benchmark S&P 500. One explanation could be that annual dividend increases compel management to maintain disciplined capital allocation while also signaling strong confidence to investors in the company's future growth.

Stakes 246
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Carlyle and KKR Strategic Partnerships Agree to Acquire Approximately $10.1 Billion Prime Student Loan Portfolio from Discover Financial Services

KKR

NEW YORK--(BUSINESS WIRE)-- Global investment firms Carlyle (NASDAQ: CG) and KKR (NYSE: KKR) today announced that one or more strategic partnerships comprised of funds and accounts managed by Carlyle and KKR’s respective credit businesses have agreed to purchase an approximately $10.1 billion portfolio of prime student loans from Discover Financial Services (NYSE: DFS).

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Should You Buy XRP and Hold Through 2024 and Beyond?

The Motley Fool

Although XRP (CRYPTO: XRP) was once a crypto darling, it hasn't done much in recent years. Currently, XRP is trading for just $0.57 and is down about 10% for the year. By way of comparison, crypto bellwether Bitcoin is up a robust 40% for 2024. But there's no reason to give up hope quite yet if you're thinking about investing in XRP. There are three reasons XRP could turn things around by the end of this year.

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Trinseo Announces New Receivables Financing Facility from KKR

KKR

WAYNE, Pa. & NEW YORK--(BUSINESS WIRE)--Trinseo PLC (“Trinseo” or “the Company”)(NYSE: TSE), a specialty material solutions provider, today announced that a special purpose finance entity, Styron Receivables Funding Designated Activity Company, has entered into a $150 million non-recourse financing facility with credit funds and accounts managed by KKR, a leading global investment firm.

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Nvidia Stock vs. Palantir Stock: Wall Street Says Buy One and Sell the Other

The Motley Fool

Consultancy PwC estimates artificial intelligence (AI) will contribute more than $15 trillion to the global economy by 2030. Investors hoping to benefit are piling into AI stocks, and Nvidia (NASDAQ: NVDA) and Palantir Technologies (NYSE: PLTR) have been two of the most popular choices. In the last two years, Nvidia shares surged 728%, and Palantir shares advanced 348%.

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KKR to Acquire Janney Montgomery Scott from Penn Mutual

KKR

NEW YORK & PHILADELPHIA--(BUSINESS WIRE)-- KKR, a leading global investment firm and The Penn Mutual Life Insurance Company (“Penn Mutual”) today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Janney Montgomery Scott LLC (“Janney” or the “Company”). This press release features multimedia.

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3 Reasons Not to Buy Produce at Costco

The Motley Fool

Image source: The Motley Fool/Unsplash A big reason to join Costco is to save money on the groceries and household essentials you buy all the time. And so you may be in the habit of buying things like milk, eggs, and toilet paper in large quantities when you do your Costco shopping. But if there's one item you may want to think twice about before buying it in bulk, it's fresh produce.

Returns 246
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T-Mobile and KKR Announce Joint Venture to Acquire Metronet and Offer Leading Fiber Solution to More U.S. Consumers

KKR

BELLEVUE, Wash. & NEW YORK & EVANSVILLE, Ind.--(BUSINESS WIRE)--T-Mobile (NASDAQ: TMUS), America's 5G leader and fastest-growing fixed wireless broadband provider, today announced it has entered into a definitive agreement to establish a joint venture (JV) with leading global investment firm KKR (NYSE: KKR) that will acquire Metronet including its broadband infrastructure, rapidly growing residential fiber business operations and existing customers.

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2025's Social Security COLA: There's Great News and Not-So-Great News Ahead

The Motley Fool

If you're someone who gets the majority of your retirement income from Social Security, then you may be eager to find out how much of a raise you'll be getting come 2025. Unfortunately, you're going to have to sit tight a bit longer. The Social Security Administration won't be able to announce an official 2025 Social Security cost-of-living adjustment , or COLA, until October 10.

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KKR Acquires Marmic Fire & Safety

KKR

All Employees to Become Owners in the Company JOPLIN, Mo. & NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that investment funds managed by KKR have acquired Marmic Fire & Safety (“Marmic” or the “Company”), a leading provider of regulation-mandated fire equipment inspection, testing and maintenance services, from HGGC.

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Nvidia Stock Split Update: Down 2% Since June, History Says the AI Stock Will Do This Next

The Motley Fool

For many investors, Nvidia (NASDAQ: NVDA) has emerged as the quintessential artificial intelligence (AI) stock. That's because the company's graphics processing units (GPUs) are the industry standard in accelerating complex data center tasks, such as training machine learning models and running AI applications. Nvidia shares have surged 780% since the generative AI application ChatGPT went viral in late 2022.

Banks 245
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Instructure to be Acquired by KKR for $4.8 Billion

KKR

SALT LAKE CITY, July 25, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure"), a leading learning ecosystem, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion.

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Here's the Average Social Security Benefit at Ages 62 and 67

The Motley Fool

Regardless of whether you're already retired or just entering the workforce, there's a high likelihood that the income you receive from Social Security will be necessary to make ends meet during retirement. For more than two decades, national pollster Gallup has been surveying retirees and non-retirees to gauge how reliant they currently are (or expect to be, in the case of non-retirees) on their Social Security check.

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Avantus Announces Completion of Acquisition by KKR and Closing of $522 Million Development Facility

KKR

KKR’s majority equity investment and arrangement of a new development facility to accelerate the deployment of Avantus’ pipeline, including some of the nation’s largest solar and energy storage projects NEW YORK--(BUSINESS WIRE)-- Today, Avantus, a premier U.S. developer of utility-scale solar and solar-plus-storage projects, and KKR, a leading global investment firm, announced the completion.

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Should You Retire in Maine?

The Motley Fool

If you're thinking of relocating for retirement , consider Maine as a retirement destination. Here's a look at why you might want to -- and why you might not. A top attraction for Maine is that it has a solid healthcare system, which can be very important for retirees. (As you plan for retirement , be sure to keep healthcare costs in mind and plan for them, too.

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KKR & Co. Inc. Reports Second Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its second quarter 2024 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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3 Reasons to Cancel Your Costco Membership This September

The Motley Fool

Image source: Getty Images Costco members recently got a rude awakening. On Sept. 1, the warehouse club giant raised the cost of its membership fees. Now, a Gold Star Costco membership costs $65 per year instead of $60, while an Executive membership costs $130 instead of $120. While higher fees aren't exactly something to celebrate, they also aren't a good reason to cancel your Costco membership.

Debt 245
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KKR to acquire majority position in FGS Global to support long-term growth; FGS to become standalone communications and public affairs consultancy

KKR

NEW YORK & LONDON--(BUSINESS WIRE)-- KKR today announced the acquisition of WPP’s full equity position in FGS Global (“FGS” or the “Company”), the preeminent global communications and public affairs consultancy. The proposed transaction is supported by FGS management, builds on KKR’s initial minority investment in July 2023, and values FGS at US $1.7 billion.

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Better Database Stock: Oracle vs. MongoDB

The Motley Fool

Oracle (NYSE: ORCL) first introduced its relational database (the one that can be visualized in tables of rows and columns) in the late 1970s. While the Oracle database served user needs for decades, the nature of data has changed as computing capabilities have increased. That need prompted MongoDB (NASDAQ: MDB) to introduce Atlas, a non-relational database that can store unstructured data types.

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KKR Acquires Portfolio of Six Class A Industrial Warehouses Across the U.S.

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of six well-located, Class A industrial logistics properties in major U.S. Gateway and Sunbelt markets for approximately $377 million. The six modern industrial properties possess an average vintage of 2014 and feature 35-foot average clear heights.

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3 Tricks I Use to Spend Less at Costco Every Time I Shop There

The Motley Fool

Image source: Getty Images As someone who shops at Costco every week, I'm realistic about the minimum per-visit bill I'm looking at. And it's generally not small. But that's understandable. Feeding a family of five costs a lot of money, especially given the way grocery prices have increased in recent years. And because we like to incorporate fruits and vegetables into our diet, our food bills can be substantial.

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