Tue.Aug 27, 2024

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3 Dividend Kings to Buy Now for a Lifetime of Passive Income

The Motley Fool

Generating income from an investment for the rest of your life is a tall order, regardless of your age or risk tolerance. To have that level of confidence in a company, the business has to be operationally sound and endure economic cycles. It should have financial credibility, a strong balance sheet, and a pathway toward growing earnings and dividend payouts.

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Financial Voices I Ignore

A Wealth of Common Sense

The firehose of information we’re afforded these days is a double-edged sword. There is an abundance of news, analysis, charts and opinions but it can all be overwhelming if you don’t have an effective filter in place. When it comes to finance I have some filters to help understand which types of sources and people to safely ignore. These are the types of financial voices and data I immediately ignore: Pricing.

Financing 144
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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

Cathie Wood is busy trying to get back on track. Most of the exchange-traded funds held by Ark Invest -- where she is the co-founder, CEO, and investment manager -- are underwater in the otherwise buoyant 2024. It's not stopping her from taking big bets on disruptive companies. If she's right, being out of favor now is a temporary condition. Wood publishes all of Ark's daily transactions, so we know what she is buying and selling.

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Boyne Buys Second Roofing Platform

Private Equity Professional

Boyne Capital has acquired Premier Building Associates , a top 100 US roofing contractor. Premier Building Associates (PBA) provides commercial roofing services focusing on re-roofing and maintenance services, primarily in the New England and Tri-State markets of Connecticut, New York, and New Jersey. As a roofing services platform, PBA has recently expanded to perform work nationwide for large blue-chip customers in big-box retail, manufacturing, aerospace and defense, education, and REIT secto

Education 130
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Here's The Average Credit Card Debt in America. How Do You Compare?

The Motley Fool

Image source: Getty Images Sometimes, necessary expenses just aren't in the budget. And when that happens, it's often easiest to turn to credit cards to fill the gap. Over time, high APRs and increasing needs can build, leading to significant credit card debt. If you find yourself in that situation, know that you aren't alone: Just under half (47%) of Americans carry a balance from month to month.

Debt 246
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Hammer & Steel Acquired by Argonaut

Private Equity Professional

Argonaut Private Equity has acquired Hammer & Steel Global , a deep foundation drilling and pile-driving equipment provider. Hammer & Steel’s pile-driving equipment – available for purchase or rental – includes vibratory hammers, diesel hammers, and impact hammers, which drive steel, concrete, or wood piles into the ground to provide foundational support for construction projects.

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More Trending

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Top private equity firms, ranked by number of add-on investments

Private Equity Info

Acquisitions by private equity firms are trending to a higher mix of add-on investments, relative to platform investments, as we reported in a data study published in May.

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Why Costco Stock Topped the Market on Tuesday

The Motley Fool

Tuesday was a slow and largely unmemorable news day for Costco Wholesale (NASDAQ: COST). Still, the big retailer's stock landed comfortably in positive territory, rising by nearly 2% on the day against the S&P 500 index's marginal gain of 0.2%. A glowing analyst note about the company's current performance and looming future was a tailwind for that increase.

Returns 246
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Supio Raises $25M in Series A Funding

FinSMEs

Supio, a Seattle, WA-based provider of a purpose-built AI platform for personal injury and mass tort plaintiff law firms, raised $25M in Series A funding. The round, which brought the total amount to $33M, was led by Sapphire Ventures, with participation from existing investors Bonfire Ventures and Foothill Ventures. The company intends to use the […] The post Supio Raises $25M in Series A Funding appeared first on FinSMEs.

Law Firms 116
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Redfin Is Up 50% So Far in August -- but Here Are 4 Reasons It Could Still Be a Great Stock to Buy Now

The Motley Fool

Real estate technology company Redfin (NASDAQ: RDFN) has taken investors on quite a roller-coaster ride. After losing more than 95% of its peak value after the real estate market slowed to a crawl in 2022, the stock has more than tripled from the lows and is up by more than 50% in the past couple of weeks. However, with Redfin still trading at a rather small market cap ($1.3 billion) and several big catalysts that could help the business over the next few years, it could still be a great stock t

Returns 246
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Navigator Medicines Raises $100M Series A Financing

FinSMEs

Navigator Medicines, a Scotch Plains, NJ-based biotech company, raised $100M in Series A funding. The round was led by RA Capital Management and Forbion. In conjunction with the financing, Mr. Joustra and Dr. Andrew Levin, Partner and Managing Director at RA Capital Management, will join the Board of Directors at Navigator. The company intends to […] The post Navigator Medicines Raises $100M Series A Financing appeared first on FinSMEs.

Financing 111
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Prediction: A 0.75% Federal Funds Rate Cut Will Reignite the Housing Market

The Motley Fool

Image source: The Motley Fool/Upsplash Well, it's unofficially official -- there's a federal funds rate cut coming in September, almost definitely, maybe certainly. This is what we've all been waiting for, a lower interest rate to temper the chronically high housing prices that have been a big part of the post-COVID-19 economy. But chatter and the CME FedWatch Tool says that we're likely to only see a 0.25% interest rate drop in September.

Funds 246
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NFL to allow private equity investment for first time

Financial Times M&A

Ares, Sixth Street, Blackstone, Carlyle and CVC among firms approved to bid for a slice of lucrative American football market

Bidding 111
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Eli Lilly's Stock Keeps Looking Better and Better. Here's the Latest Reason Why.

The Motley Fool

These are heady days for Eli Lilly (NYSE: LLY). New medicines are launching, investments in manufacturing are paying off, and additional clinical trials point to the possibility of more revenue in the future. It seems like there's a fresh reason to be even more bullish about the stock every single week. This past week was no exception to the trend. Here's why.

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Planera Secures $13.5M in Series A Funding

FinSMEs

Planera, a San Jose, CA-based provider of a construction CPM scheduling and planning solution, raised $13.5M in Series A funding. The round was led by Sierra Ventures, with participation from Sorenson Capital, Brick and Mortar Ventures, Prudence VC and Firebolt Ventures. The company intends to use the funds to accelerate the development and deployment of its innovative, collaborative, […] The post Planera Secures $13.5M in Series A Funding appeared first on FinSMEs.

Funds 111
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Peloton Stock Soared 44% Last Week, but Here's Why the Rally Might Fade

The Motley Fool

Peloton Interactive (NASDAQ: PTON) makes at-home exercise equipment fitted with digital screens, which can be used to stream everything from virtual classes to music. Its stock soared to an all-time high of $163 near the end of 2020 on the back of surging sales as consumers sought ways to remain active during lockdowns. But demand has plunged since then, and the company's losses grew so large that it has been in a fight for survival over the past year.

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Katara Raises $2.2M in Seed Funding Round

FinSMEs

Katara, a Dover, DE-based provider of an AI-agent workflow automation platform, raised $2.2M in Seed funding. The round, which brought the total amount to $2.6M, was led by Diagram Ventures and Sparkle Ventures, with participation from StreamingFast and other strategic angels. The company intends to use the funds to expand its reach beyond web3 to […] The post Katara Raises $2.2M in Seed Funding Round appeared first on FinSMEs.

Funds 110
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Prediction: Nvidia Will Beat Wall Street's Earnings Estimate by 10% or More on Wednesday

The Motley Fool

Artificial intelligence (AI) giant Nvidia (NASDAQ: NVDA) is slated to report its results for the second quarter of fiscal 2025 (ended July 28, 2024) on Wednesday, Aug. 28, after the market close. Nvidia's upcoming earnings release is widely considered the most anticipated of this quarterly earnings season. That's because the company is viewed as a bellwether, or indicator, for the AI space and the overall market.

Financing 246
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7-Eleven’s Japanese owner explores protected status to thwart foreign bid

Financial Times M&A

Internal talks on stymieing takeover attempt by Canada’s Couche-Tard comes despite official moves to look at best value for investors

Bidding 108
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2 AI Stocks to Buy Before They Soar 68% and 218%, According to Select Wall Street Analysts

The Motley Fool

Investing in AI (artificial intelligence) stocks has gained momentum over the past few years. With businesses across industries increasingly adopting AI technologies to improve productivity, cost efficiency, and informed decision-making, AI will continue to be a major investment theme over the coming years. Yet, not all businesses investing in, or deploying, artificial intelligence-based technologies have equal prospects ahead.

Prospects 246
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PXBT: How To Start Trading

FinSMEs

Entering the world of trading can be exciting, with the thrill of market dynamics, trading attracts many beginners eager to learn the ropes. However, navigating this field requires a solid foundation of knowledge and strategic planning. This guide aims to outline the essentials of trading, offering a comprehensive overview that will help you understand the […] The post PXBT: How To Start Trading appeared first on FinSMEs.

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Is Chewy Stock Going to $35? 1 Wall Street Analyst Thinks So.

The Motley Fool

Up 75% from its 52-week lows, Chewy (NYSE: CHWY) may have investors feeling as though they've missed a golden opportunity. However, when we zoom out on the time horizon, it is abundantly clear that the best may be yet to come for the leading e-commerce pet specialty retailer. One Wall Street analyst who is echoing these beliefs is Anna Andreeva with Piper Sandler.

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Jobilla Raises €6M in Additional Funding

FinSMEs

Jobilla, a Helsinki, Finland-based company which specializes in digital recruitment technology, raised €6M in additional funding. The round was led by Juuri Partners, Trind VC, Business Finland, business angels, and Matti Vikkula, who joins Jobilla as the Chair of Board. The intends to use the funds to improve the AI-driven platform and increase its market position […] The post Jobilla Raises €6M in Additional Funding appeared first on FinSMEs.

Funds 105
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My 5-Year CD Stands to Earn Me Nearly $700 More Than My High-Yield Savings With Rates Set to Fall

The Motley Fool

Image source: The Motley Fool/Upsplash We've reached a pivotal time for making decisions when it comes to our savings. With the Federal Reserve expected to begin dropping the federal funds rate next month and predictions that it will fall approximately 2 full percentage points through next year, it could be now or never for folks looking to lock in high APYs.

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The Riverside Company to invest in German HR tech provider GFOS 

Private Equity Wire

An affiliated European fund of The Riverside Company, a lower middle market-focused global private investor, has agreed to invest in GFOS Group, a German software provider for workforce management, access control and manufacturing execution systems. Headquartered in Essen, GFOS was founded by Burkhard Röhrig in 1988 and is now led by Katharina Van Meenen-Röhrig and Dr Ignace Van Meenen.

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3 Reasons Not to Buy a TV at Costco

The Motley Fool

Image source: Getty Images Most trips to Costco mean a trunk full of groceries and the odd free sample. But the wholesaler sells a ton of other products, including TVs. While that can spell big savings ( Costco is rightly acclaimed for its many savings opportunities), there are certain circumstances when you might want to shop elsewhere for your new TV. 1.

Financing 246
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Magnetar joins gen AI revolution with $235m specialist fund close

AltAssets

Alternative asset manager Magnetar has raised a $235m venture capital fund focused on generative AI startups. The post Magnetar joins gen AI revolution with $235m specialist fund close appeared first on AltAssets Private Equity News.

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Meet the Artificial Intelligence (AI) Stock Warren Buffett Just Sold Completely -- I'm Not Surprised

The Motley Fool

Warren Buffett is the chairman and CEO of the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) investment company. Berkshire wholly owns several well-known businesses, including GEICO Insurance and Dairy Queen, but it also holds 47 publicly traded stocks and securities. Under Buffett's 59-year tenure, Berkshire has delivered a compound annual return of 19.8% for its investors.

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Warburg Pincus backs AUD1bn bet on Australian housing market 

Private Equity Wire

Global private equity major Warburg Pincus, with AUM totalling AUD123bn ($83bn), has made a strategic move into the Australian housing market by partnering with MA Financial to launch a new AUD1bn ($673,000) investment vehicle, according to a report by the Australian Financial Review. The partnership, which aims to address the funding gap in Australia’s residential property sector by providing critical financing to developers, will see Warburg Pincus support MA Financial’s Australia

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Why Bank of Montreal Stock Tanked on Tuesday

The Motley Fool

Investors weren't in a forgiving mood after digesting Bank of Montreal 's (NYSE: BMO) latest news on Tuesday. After the north-of-our-border lender divulged its latest set of quarterly results, investors assertively traded out of the stock. When the smoke cleared, Bank of Montreal shares closed the day more than 6% lower; meanwhile, the S&P 500 index finished in positive territory, with a 0.2% gain.

Banks 245
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Impax appoints Head of Nordics

Private Equity Wire

Impax Asset Management, a specialist asset manager investing in sustainable economic transition, has appointed Magnus Kristensen as Head of Nordics with responsibility for business development in the region. Kristensen reports to Paul Voûte, Co-Head, Client Group at Impax. Viktoria von Kunow, who previously led Impax’s business development activities in the region, will now focus on clients in Germany, Austria and Switzerland.

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Great News for SoFi Stock Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses what the news could mean for SoFi (NASDAQ: SOFI) stock investors. *Stock prices used were the afternoon prices of Aug. 24, 2024. The video was published on Aug. 26, 2024. Should you invest $1,000 in SoFi Technologies right now? Before you buy stock in SoFi Technologies, 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 SoFi Technologies wasn’t one of the

Investors 245
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Kroger-Albertsons’ merger trial raises questions over US shopping habits

Financial Times M&A

Consumer and worker benefit questioned in largest US supermarket merger in history

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3 Reasons to Buy Cava Stock Like There's No Tomorrow

The Motley Fool

Cava Group 's (NYSE: CAVA) stock has been on a tear, well more than doubling in value since the company came public in June 2023. That's a huge price gain in a very short period of time, creating some concern that a bubble may have formed. However, investors concerned that all the gains are already priced in shouldn't pass on the stock without giving it a good look.

Investors 245