Sat.Aug 10, 2024

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Here's the Average Social Security Benefit at Ages 62, 66, and 70

The Motley Fool

Regardless of whether you're retired or just entering the labor force, there's a high likelihood that Social Security income will be needed, in some capacity, to help cover your expenses in your golden years. For more than two decades, national pollster Gallup has been surveying retirees and non-retirees to assess their current or expected reliance on Social Security as an income source during retirement.

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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The End of Spam: Robocalls and texts… your days are numbered : The industry blasting your phone with spam calls and texts is about to implode. The feds could throw a wrench into the opaque, sometimes sketchy, and incredibly lucrative lead-generator industry. ( Sherwood ) • The Well-Off People Who Can’t Spend Money : Tightwads drag around a phantom limb of poverty, no

Finance 75
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Boeing's Going, and Its CEO is Already Gone

The Motley Fool

Since reporting second-quarter earnings last week, shares of Boeing (NYSE: BA) have lost $25 in value -- a stock market decline of more than 13% -- as of this writing. That should not come as a huge surprise, though. Boeing's earnings were truly awful. Bad enough, in fact, to cost Boeing's CEO his job. Boeing by the numbers Boeing "missed earnings" in a big way last week.

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Marcum Asia seeks new path after exclusion from deal for US parent

Financial Times M&A

Firm with annual revenues of about $50mn will be able to use brand during transition period

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Warren Buffett Just Sent a $277 Billion Warning to Stock Investors

The Motley Fool

Warren Buffett is considered one of the greatest investors of all time, and he has the track record to prove it. He took Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) from a struggling textile business in the 1960s to a massive conglomerate worth $900 billion today by buying highly valuable businesses at a fair price. Since Buffett took over the company, Berkshire Hathaway's share value has grown at an average compound annual rate of 19.8%, well above the 10.2% returned by the S&P 500 over

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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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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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3 Stock-Split Stocks to Buy Hand Over Fist Before They Soar as Much as 204% According to Select Wall Street Analysts

The Motley Fool

One of the most intriguing developments for investors over the past few years is the return to popularity of stock splits. While the practice was commonplace in the late 1990s, it had fallen out of favor but has enjoyed a resurgence over the past several years. This corporate action is usually taken in response to years of strong operating and financial results, which ultimately drive a thriving stock price.

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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.

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Realty Income's Consistent Results Continue. Why the Stock Could Finally Rally.

The Motley Fool

Realty Income (NYSE: O) turned in another solid quarter when it reported its second-quarter results. While the stock has struggled over the past five years, the real estate investment trust (REIT) has continued to produce consistent results while paying an attractive dividend. Let's take a look at its most recent quarterly report, the safety of its dividend, and whether the stock can finally start to move higher.

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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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Is the Deal Between Palantir Technologies and Microsoft a Game-Changer?

The Motley Fool

Arguably, the most important secular tailwind to emerge since early last year has been the rapid adoption of artificial intelligence (AI). This is causing an ongoing paradigm shift in business as companies figure out how best to benefit from these next-generation algorithms. What sets generative AI apart from its predecessors is its versatility. These AI systems can be used to generate images, create stories, summarize data, and create presentations, all with a few simple prompts.

Prospects 246
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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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Meet the Newest Stock-Split Stock in the S&P 500. It Soared 500% Since Last Year, and Wall Street Says It's Still a Buy Right Now.

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) is the most widely followed benchmark in the U.S. and is made up of the 500 largest companies in the country. Given the breadth of its membership, it is considered by many to be the most reliable indicator of overall stock market performance. To be included in the S&P 500, a company must meet certain criteria: Be based in the U.S.

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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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After Soaring 400% Over the Past 5 Years, Can Broadcom Still Deliver Market-Beating Returns in the Future?

The Motley Fool

Investing in semiconductor stocks has generally been a great move in recent years. And Broadcom (NASDAQ: AVGO) has been no exception to that. In five years, it has accumulated incredible gains for investors. Not only has it appreciated in value over that time, but the stock has also grown its dividend at a fairly high rate, making it an attractive investment option for both growth and dividend investors.

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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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Knowing These 3 Things About Medicare Could Save You a Ton of Money in Retirement

The Motley Fool

Many retirees find that a good number of their expenses go down once they're no longer working. If you pay off your home before you wrap up your career, then you might spend less on housing in retirement than you did previously. And if you no longer have a job to commute to daily, then you may find that you're able to reduce your transportation costs by not having to buy as much gas or pay as many tolls.

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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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Costco Is Opening 31 New Locations in 2024. Is This a Sign You Need a Membership?

The Motley Fool

Image source: Getty Images At the start of the year, Costco had 871 warehouses worldwide. By the end of the year, the popular retailer hopes to push that total over the 900 mark. That's right, the world's favorite warehouse club started out 2024 aiming to open a total of 31 new warehouses this year. And so far, it seems to be on track. Costco opened three new warehouses last month (July 2024).

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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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Down 20% in 2024, Is Ford Stock a Buy On This Dip?

The Motley Fool

Despite being a well-known American car maker, Ford (NYSE: F) is a huge disappointment for its investors. In the past five years, shares have produced a total return of just 30%. This gain seriously lags the almost 100% total return of the S&P 500. This year has brought shareholders more pain, as Ford is down 20% in 2024 (as of Aug. 6). But maybe it's time to take a chance on the business.

Prospects 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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Better Artificial Intelligence Stock: Nvidia vs. Intel

The Motley Fool

Tech stocks have taken a deep dive, with the Nasdaq-100 Technology Sector down 10% in just five days. Fears of a recession triggered a major sell-off, with seven of the most valuable tech companies losing a combined $1 trillion in market value on Aug. 5. As a result, now is an excellent time to bulk up your portfolio with companies active in lucrative fields like artificial intelligence (AI).

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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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Investing $25,000 Into These 2 Stocks 15 Years Ago Would Have Made You Nearly $11 Million

The Motley Fool

A recession can seem like a bad time to invest in stocks. But if you're willing to invest in growing businesses and hang on for the long term, it can pay off, significantly. Two excellent examples of that are Nvidia (NASDAQ: NVDA) and Super Micro Computer (NASDAQ: SMCI) , also known as Supermicro. If you had invested $25,000 into these stocks right after the Great Recession ended, 15 years ago, you would be sitting on some life-changing returns right now.

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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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Prediction: Polkadot (DOT) Will Hit $10 by 2025

The Motley Fool

The Polkadot (CRYPTO: DOT) cryptocurrency could double in price next year. I know that's a strong statement -- but it comes with short-term caveats and even greater long-term prospects. So I expect the Web3 cryptocurrency to rise from less that $5 to more than $10 in about a year and a half, but it's still kind of a mixed bag. Let me untangle the good and bad news lying ahead for Polkadot and its investors.

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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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Billionaire Bill Ackman Has 60% of His Hedge Fund's $10 Billion Portfolio in Just 3 Stocks

The Motley Fool

Bill Ackman is one of the best-known billionaire investors in the world. Despite his star power, he failed to launch a publicly traded investment fund last month, as demand fell short of expectations. Ackman planned to launch a closed-end fund called Pershing Square USA, which would have put him in charge of investing billions of investors' dollars.

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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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Is It Too Late to Buy Shopify Stock?

The Motley Fool

Congratulations are in order to anyone who was holding a stake in Shopify (NYSE: SHOP) before Aug. 7. The stock shot higher following Wednesday morning's release of its second-quarter results, ending the day up a hefty 18%. The big move raises an equally big question: Is it too late to buy Shopify stock? In a word, nope. Shopify shines again Shopify helps companies of all sizes build and manage an e-commerce presence with services like web-based shopping carts, payment processing, etc.

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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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Forget Nvidia: Buy This Magnificent Artificial Intelligence (AI) Stock Instead

The Motley Fool

There's no denying Nvidia has been the centerpiece of the artificial intelligence (AI) revolution thus far. Its technology is used in the vast majority of the world's AI platforms simply because it offers the most computing power. And Nvidia shares have performed accordingly since the movement got going in earnest early last year. As is the case with any other industry, however, time is driving changes on the AI front.

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