Sat.Aug 03, 2024

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Is It Safe to Rent Your Home During Retirement?

The Motley Fool

Image source: Upsplash/The Motley Fool In retirement, it's a great idea to try to keep your ongoing monthly costs as low as possible. The reason? Once you stop working, you may be limited to not just a fixed income but a lower one than what you earned during your career. So the less you have to spend to live, the better. To that end, you may think it's best to own a home in retirement -- especially a home that's already paid off.

Taxes 246
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Private capital groups deploy $160bn as they prepare for deal revival

Financial Times M&A

Ares, Apollo, Blackstone and KKR prepare to increase buyout-linked investments as interest rates ease

Buyout 111
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3 Reasons Not to Shop at Trader Joe's Despite the Low Prices

The Motley Fool

Image source: Upsplash/The Motley Fool Trader Joe's has ample charm. The multicolored aisles, the bubble letters, the fun packaging designs, the employees' Hawaiian-shirt uniforms, the wooden paneling on the walls, the nautical decorations. It's a fun store to buy your groceries from. And it could save you money to shop there, especially if you like "fancy" snack foods, like dark chocolate French butter cookies and apricot cardamom spread.

Financing 246
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Brazil environment minister urges carbon credit buyers to beware fraud

Financial Times: Moral Money

Marina Silva says allegedly criminal schemes in Amazon could harm reputation of tool in fight against climate change

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1 Little-Known Social Security Rule Could Boost Your Monthly Check Up to 26.7%, Even if You've Already Claimed Benefits

The Motley Fool

The size of your Social Security check isn't set in stone once you claim benefits. There are several things that could change how much you receive each month. Still, the age at which you claim your Social Security retirement benefits can have a huge impact on your finances in retirement. Those claiming early typically receive a smaller benefit than those who wait.

Financing 246
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Axa chief says proposed €5bn BNP deal could enable deal spree

Financial Times M&A

French insurer expects ‘significant’ M&A firepower from offloading asset manager

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Bilt Rewards Raises $150M in Additional Funding

FinSMEs

Bilt Rewards, a NYC-based loyalty program for the home and neighborhood, raised an additional $150m in funding. The round was led by Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, with participation from existing investors and new endowments including Vanderbilt University Endowment and the University of Illinois […] The post Bilt Rewards Raises $150M in Additional Funding appeared first on FinSMEs.

Funds 64
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3 Things to Know About Intel's Disastrous Report

The Motley Fool

Semiconductor giant Intel (NASDAQ: INTC) was expecting demand in its core markets to pick back up in the second quarter, but that demand failed to materialize. In the company's conference call with analysts on Thursday, chief financial officer David Zinsner said, ". the market has not recovered as expected, and we're obviously not satisfied with our results.

Returns 246
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KKR to Acquire Pan-European Live Entertainment Group Superstruct from Providence Equity Partners

KKR

Investment supports Superstruct’s ambition to become a global leader in music festivals and live events LONDON--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announces the acquisition of Superstruct Entertainment (“Superstruct” or the “Company”), from Providence Equity Partners (“Providence”), a premier private equity firm specializing in growth-oriented investments in media,

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A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 50% to Buy Now and Hold Forever

The Motley Fool

Battling a trio of challenges, including weaker consumer confidence, less snowfall at its North American ski resorts, and tough comparables after a post-COVID resurgence, Vail Resorts (NYSE: MTN) has seen its shares decline 50% since 2021. While Vail is the largest global ski resort with 42 locations across North America, Australia, and Europe, it is still subject to the cyclical nature of its industry -- and currently, most of these somewhat random factors are working against it.

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KKR Acquires $2.1 Billion Multifamily Portfolio from Quarterra

KKR

Portfolio of 18 High-Quality, Class A Assets Concentrated in Coastal and Sunbelt Markets NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of 18 multifamily assets from a closed-ended fund sponsored by Quarterra Multifamily, a premier multifamily real estate development and operating company, for approximately.

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5 Reasons to Buy Nvidia Stock Before Aug. 28

The Motley Fool

Nvidia 's (NASDAQ: NVDA) transformation from a gaming industry specialist to an artificial intelligence (AI) powerhouse has been nothing short of phenomenal. Accounting for roughly 70% to 95% of the chips used in training and inferencing large language models (according to Mizuho Securities), Nvidia has emerged as the biggest beneficiary and enabler of the ongoing AI revolution.

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KKR and Teachers’ Venture Growth Lead US$140 Million Series E Round in Leading Japanese Cloud-Native Human Resources Software Platform SmartHR

KKR

TOKYO--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, today announced the signing of definitive agreements under which KKR (on behalf of funds managed by it) and TVG will jointly lead a US$140 million (JPY 21.

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Here's How Much You Should Have Invested for Retirement at Age 60

The Motley Fool

Retirement is becoming incredibly expensive, especially as costs like housing and healthcare continue to soar. The average 65-year-old couple can expect to spend around $315,000 on out-of-pocket healthcare costs alone in retirement, according to a 2023 report from Fidelity Investments. Also, with Social Security struggling with a cash shortage , your benefits may be even less reliable in the future.

Investing 246
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KKR Acquires Controlling Stake in Baby Memorial Hospital, a Multi-Specialty Hospital Network in India

KKR

Transaction marks KKR’s latest investment in India’s healthcare sector Investment will support the build-out of a leading pan-India network of hospitals MUMBAI, India--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Baby Memorial Hospital (‘BMH’), a leading regional multi-specialty hospital chain in India, today announced the signing of definitive agreements under which funds.

Stakes 40
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Prediction: 2 Stocks That Will Be Worth More Than Johnson & Johnson 10 Years From Now

The Motley Fool

Few healthcare companies are more famous than Johnson & Johnson (NYSE: JNJ). The pharmaceutical giant earned its stature in the industry thanks to its incredible innovative abilities and a business that's been executing for decades. However, its growth has stalled in recent years. The company's financial results haven't been particularly strong, and it's also dealing with a barrage of lawsuits and other legal challenges.

Legal 246
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Nasuni announces investment from Vista Equity Partners, KKR and TCV

KKR

BOSTON, July 9, 2024 /PRNewswire/ -- Nasuni, a leading enterprise data platform for modern hybrid cloud environments, today announced a strategic growth investment led by Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.

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2 Unstoppable Dividend Stocks to Buy if There's a Stock Market Sell-Off

The Motley Fool

There are plenty of excellent reasons to invest in dividend stocks, including the fact that only rock-solid companies can afford to sustain payout increases for a long time. When you put your money into corporations that have been paying dividends for a while, you may be investing in relatively safe and robust companies. However, even though dividend stocks can be great to buy, they're even better when you can get them at a discount.

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KKR & Co. Inc. to Announce Second Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the second quarter 2024 on Wednesday, July 31, 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 Wednesday, July 31, 2024 at 10:00 a.m. ET.

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Moving Your Money? Here's How to Make Sure Your New Bank Is Secure

The Motley Fool

Image source: The Motley Fool/Upsplash Looking for a new bank account? I don't blame you -- banks are better than ever these days. A lot of them offer accounts that don't have monthly maintenance fees and can be opened online in a matter of minutes -- no shoes (or pants) required. That said, it's a good idea to do your research before you open an account with just any old bank and fund it with your hard-earned cash.

Banks 246
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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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The Unfortunate Truth About Saving for Retirement in an IRA

The Motley Fool

Retiring on Social Security alone is a seriously bad idea. With the average retired worker today only getting about $23,000 in annual benefits, it's just not enough money to live on -- or at least not comfortably. That's why it's so important to save for retirement on your own. And to that end, you have choices. If your employer offers a 401(k) plan , you may be inclined to sign up.

Taxes 246
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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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Can This Hot Semiconductor Stock Keep Outperforming Nvidia?

The Motley Fool

The market warmed to ON Semiconductor's (NASDAQ: ON) second-quarter earnings report, and the stock has now significantly outperformed Nvidia over the last month, with a 14.2% increase compared to a 5.4% decline for the stock market darling (as of this writing). The question is why and whether it can continue. A cyclical stock to buy ON Semiconductor services two highly cyclical end markets, namely automotive (electric vehicles, power management, advanced driver assistance systems, etc.) and indu

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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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2 Ultra-High-Yield Dividend Stocks to Buy in August and Hold at Least a Decade

The Motley Fool

Whether you're interested in outperforming the broad market or producing a passive income stream, dividend-paying stocks are what you want in your portfolio. Nearly everyone knows that dividend payers deliver quarterly payouts, but that's not all they're good for. It's a well-documented fact that companies committed to distributing their profits usually outperform companies that don't have a dividend program.

Buyout 246
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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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1 Unstoppable Stock That Could Join Apple, Microsoft, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club

The Motley Fool

It's hard to overstate the degree to which artificial intelligence (AI) has altered the technology landscape since early last year, and nowhere is that more apparent than in the ranks of the world's most valuable businesses. While the No. 1 position has changed hands several times over the past 12 months, it's currently occupied by Apple. The company's recent AI announcements have energized the Apple faithful, driving its market cap to $3.4 trillion.

Banks 246
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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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Is the U.S. Flashing a Big Warning Sign for Coca-Cola and PepsiCo?

The Motley Fool

The second-quarter results are in for Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP) , two of the most important consumer staples makers on the planet. These giant soda companies witnessed similar weakness in one very important market. Here's a look at what happened and why investors need to worry a bit. PepsiCo took a harder hit than Coca-Cola Both PepsiCo and Coca-Cola are U.S. companies.

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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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Eli Lilly vs Novo Nordisk: A Recent Study Suggests This Company Has the Best Weight Loss Drug

The Motley Fool

Eli Lilly (NYSE: LLY) and Novo Nordisk (NYSE: NVO) are the two big names dominating the anti-obesity market today. They've been generating billions in revenue from their treatments, and there's still a lot of growth for these companies. However, the weight loss drug that proves to be more effective could ultimately determine which company will capture the lion's share of the market.

Companies 246
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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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This Low-Cost ETF Has Outperformed the S&P 500 in 9 of the Past 10 Years

The Motley Fool

Investing in the S&P 500 is great if you want minimal risk, and to generate some good, modest returns over the long haul. But what if you wanted more than that? There are plenty of exchange-traded funds (ETFs) that can offer lots of diversification, and that could have the potential to generate superior returns over the broad index. One fund that has routinely outperformed the S&P 500 index is the Vanguard Information Technology Index Fund ETF (NYSEMKT: VGT).