Sat.Aug 24, 2024

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Billionaire Bill Gates Has 83% of His $48 Billion Portfolio in Just 4 Stocks

The Motley Fool

Most investors have probably heard of Bill Gates, best known as a billionaire philanthropist and co-founder of Microsoft (NASDAQ: MSFT). After heading up the technology company he founded for more than 25 years, the former CEO stepped down to focus on his charity work. Gates is worth an estimated $132.6 billion (as of this writing), according to Forbes, making him the ninth richest person in the world.

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Private equity circles Grant Thornton’s UK business

Financial Times M&A

Carlyle, Blackstone and Permira among firms considering buying a stake in mid-tier accountant

Stakes 108
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Prediction: Chipotle Stock Will Outperform Starbucks Over the Next 5 Years

The Motley Fool

Brian Niccol, the CEO of Chipotle Mexican Grill (NYSE: CMG) , leaving to take the same position at Starbucks (NASDAQ: SBUX) created waves in the market, with Starbucks stock soaring and Chipotle stock sinking. The immediate reaction was understandable. Starbucks had been in a rut and in need of a jolt, and Niccol had a very successful run at Chipotle.

Returns 246
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Talk Your Book: Alt Goes Mainstream with Michael Sidgmore

A Wealth of Common Sense

On today’s show, we are joined by Michael Sidgmore, Partner and Co-Founder of Broadhaven Ventures to discuss all things Alternatives.

Investing 104
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Peloton Stock Soars! Is It Too Late to Buy?

The Motley Fool

Fool.com contributor Parkev Tatevosian reviews Peloton 's (NASDAQ: PTON) latest quarterly results. *Stock prices used were the afternoon prices of Aug. 21, 2024. The video was published on Aug. 23, 2024. Should you invest $1,000 in Peloton Interactive right now? Before you buy stock in Peloton Interactive, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Peloton Interactive wasn’t one of them.

Returns 246
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Siemens Healthineers boosts cancer imaging with €200mn Novartis deal

Financial Times M&A

German healthcare group buys business that specialises in producing radioactive chemicals used in scans

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The price of F1’s US success

Financial Times M&A

Plus, why football is hooked on betting, the NFL’s dance with institutional capital and more

Capital 89
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Want to Save Money on Your Long-Distance Move? Here's How

The Motley Fool

Image source: Getty Images Moving is no one's idea of a good time -- and I should know. I just moved for the 36th time in my life. But this time, my move was into the house I just bought, so I'm hoping to stay for a while. True to form, this last move wasn't an insignificant expense for my budget -- but thankfully, I was only moving a distance of less than one mile.

Companies 246
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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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Warren Buffett Issued a $277 Billion "Warning" for the Stock Market. Investors May Want to Ignore It (Mostly).

The Motley Fool

As of the end of the second quarter, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) held a record $277 billion in cash, cash equivalents, and U.S. Treasury bills on its balance sheet -- more than double what it held six quarters earlier. The giant conglomerate has also been a net seller of stocks over the past year and a half. Since December 2022, its stock purchases have totaled $21 billion, but its stock sales have exceeded $137 billion.

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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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Nvidia's Stock Has Soared 30% Since It Announced Its 10-for-1 Stock Split. History Says This Will Happen Next.

The Motley Fool

The artificial intelligence (AI) craze has powered the stock market higher this year, and few companies have benefited from that more than Nvidia (NASDAQ: NVDA). In the months since ChatGPT launched in November 2022, eliciting a tidal wave of demand for AI-capable hardware, the chipmaker's share price has surged by 800% Nvidia was the best-performing stock in the S&P 500 in 2023, and it could deliver a repeat performance in 2024.

Stakes 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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Here's How Much the Top 10% of Americans by Net Worth Have Saved for Retirement

The Motley Fool

The top 10% lead different lives compared to the rest of us. Many average workers are struggling to set aside any money for retirement amid rising bills and competing priorities. In fact, for those in the 25th to 49.9th percentile by net worth, median retirement savings was just $22,380 in 2022, according to a Motley Fool report. But the wealthiest Americans often have an easier time reaching their retirement goals.

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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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Prediction: On Aug. 28, This Figure From Nvidia Will Confirm an Artificial Intelligence (AI) Bubble That's in the Early Stages of Bursting

The Motley Fool

Since 2023 began, no trend has been more responsible for lifting Wall Street's major stock indexes to new heights than the rise of artificial intelligence (AI). The allure of AI is the long-term capacity for software and systems to learn without human intervention. This gives AI-driven software and systems the ability to become more efficient at their tasks, and potentially evolve to learn new skills.

Returns 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.

Assets 40
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Is ExxonMobil a Millionaire Maker?

The Motley Fool

ExxonMobil (NYSE: XOM) is among the largest energy companies in the world. Whether it is using the Exxon, Mobil, or Esso nameplate, there's probably an ExxonMobil gas station somewhere near you. But being big and well known isn't enough to make the stock a millionaire maker. Here's what investors need to understand before they buy ExxonMobil. 1. ExxonMobil is an industry giant ExxonMobil has a market cap of roughly $500 billion.

Debt 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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3 Reasons to Buy Enbridge Stock Like There's No Tomorrow

The Motley Fool

The big reason most income investors will want to buy Enbridge (NYSE: ENB) is its hefty dividend, which currently yields 6.9%. However, you really need to dig beneath that number to understand why this stock is so desirable to own. The list of pros includes the dividend (but for more than just the yield), the diversified underlying business, and the expansion the company has undertaken. 1.

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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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Social Security's Supposed to Help People Retire. So Why Are So Many Beneficiaries Thinking About Returning to Work?

The Motley Fool

Social Security provides a critical source of retirement income for millions of retirees. For many years, it was seen as part of a "three-legged stool" of retirement planning, with the other two legs being a pension and personal savings. But times have changed since then, and many workers are struggling to save for retirement largely on their own. In spite of receiving Social Security checks, 44% of retirees are considering a return to the workforce, according to The Motley Fool's recent researc

Returns 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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AMD's Leapfrog Moment Has Arrived. Here's Why Now May Be a Once-in-a-Lifetime Opportunity to Buy the Stock.

The Motley Fool

Over the past couple of years investors haven't been able to buy semiconductor stocks fast enough. A big reason for this is because sophisticated chips known as graphics processing units ( GPUs ) are one of the core power sources of artificial intelligence (AI) applications such as machine learning and even autonomous driving. As the AI narrative continues to push the markets higher, chip stocks will likely remain in high demand.

Investors 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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Sam's Club Can Revoke Your Membership for These 4 Reasons

The Motley Fool

Image source: Getty Images A Sam's Club membership comes with lots of perks, like home improvement discounts, travel and entertainment deals, and affordable health insurance for small-business owners. A Club membership costs $50 per year, while a Plus membership will set your budget back $110 annually. Most people who shell out for a membership will get to take advantage of these perks without any issue.

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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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Rocket Lab Owns 2/3 of the U.S. Launch Market -- That Isn't SpaceX

The Motley Fool

When Rocket Lab (NASDAQ: RKLB) reported second-quarter earnings last week, it ignited a multiday rally that sent its stock price soaring as much as 18%. And no wonder. Sales at the small space rocket manufacturer soared 71% year over year, beating analyst forecasts. The per-share loss for the quarter was $0.08 -- not great -- but still better than the $0.10 loss that Wall Street forecast.

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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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Baby Boomers: Busting Retirement Myths

The Motley Fool

Image source: Getty Images I read an article in The Economist recently, headlined, "Baby-boomers are loaded. Why are they so stingy?" It isn't a fair headline. Some baby boomers are loaded. But many are struggling to make ends meet and approaching retirement with very little in their bank or brokerage accounts. Born between 1946 and 1964, baby boomers are now aged 60 to 78.

Taxes 246
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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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CD Investors Must Come to Terms With 2 Harsh Realities

The Motley Fool

Image source: Getty Images In the post-pandemic era, CD investors may be feeling as if they've had it pretty good. Rates have been upward of 5.00% for the first time in a long time. It's even possible to get short-term CDs paying great rates so you don't have to commit to locking up your money for years to earn high yields. But, while this picture may seem like a rosy one, there are actually two harsh realities that those investing in CDs should face. 1.

Investors 246
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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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Super Micro Computer Announced a Stock Split. But There's an Even Better Reason to Buy Right Now.

The Motley Fool

Stock splits have been fairly common among companies associated with artificial intelligence (AI). This is because they have performed so well over the past year-and-a-half that their stock prices have reached a level where a split is a good idea. One company that has recently joined this club is Super Micro Computer (NASDAQ: SMCI) , commonly known as Supermicro.

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