Sat.Sep 14, 2024

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NuScale Power Is Great. Here's Why You Shouldn't Buy It.

The Motley Fool

NuScale Power (NYSE: SMR) is at the leading edge of the nuclear power sector. It is doing great things and making important progress toward its goal of mass-producing small-scale modular nuclear reactors. In a world increasingly looking toward carbon-free energy sources, it is positioning itself well for a bright future. But it won't be a good fit for every investor.

Prospects 246
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Axel Springer and KKR near deal on $13.5bn break-up

Financial Times M&A

Agreement to be discussed next week could cement Mathias Döpfner’s control over media outlets Politico and Bild

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190 Million Americans Don't Know Social Security Cuts Could Be Coming -- and the Size May Surprise Retirees

The Motley Fool

Social Security is an essential part of American life. The program pays a regular, monthly income to millions of American retirees -- more than 70 million last year. For many, it provides a meaningful supplement to personal savings and a measure of safety. To others, it is almost all they have. In fact, for the bottom 40% of earners, Social Security accounts for 84% of their post-retirement income.

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Eyecare company Bausch + Lomb explores sale to end messy spin-off

Financial Times M&A

Contact lens supplier is looking for buyers to separate from indebted parent company

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Prediction: Here's What the Average 30-Year Mortgage Rate Will Be in 2025

The Motley Fool

Image source: Getty Images Mortgage rates have fallen quite a bit since the late-2023 peak. According to the latest data from the Mortgage Bankers Association, the average interest rate on a 30-year fixed-rate mortgage is now 6.29%. However, with the Federal Reserve widely expected to gradually cut the federal funds rate through at least the end of 2025, there's a solid probability that prospective home buyers will get a chance to buy with even lower mortgage rates in the near future.

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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: • Breaking Down OnlyFans’ Stunning Economics : In 2024, OnlyFans generated $6.3 billion in gross revenues, up from $300 million five years earlier. Though OnlyFans is based around subscriptions, over 60% over consumer spending is now via transactions (and unlike say, Candy Crush, these are not micro transactions but instead add-on purchases that can cost dozens of dollars or

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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 2025 Social Security Cost-of-Living Adjustment (COLA) Is Almost Official. Here's How Much Retirement Benefits Could Increase Next Year

The Motley Fool

The Bureau of Labor Statistics (BLS) just released the second of three data points that will determine how much more retirees will receive in Social Security retirement benefits next year. The annual Social Security cost-of-living adjustment , or COLA, is an important feature of the program. Many retirees rely on the annual bump in benefits to help make ends meet and keep up with the rising costs of everyday life.

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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 2025 Social Security COLA Announcement Is 26 Days Away. Here's What Retirees' Increase Will Be as Things Stand Now.

The Motley Fool

The countdown is on to the biggest date on the calendar for Social Security. I'm referring to the announcement of next year's cost-of-living adjustment (COLA) amount. Technically, the Social Security Administration (SSA) hasn't said when it will announce the 2025 COLA. However, the agency always follows quickly behind the U.S. Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) news release for September.

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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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Starbucks' Turnaround Plan Is Here. Is the Coffee Stock a Buy?

The Motley Fool

New Starbucks (NASDAQ: SBUX) CEO Brian Niccol got about the warmest welcome in stock-market history when he was named the coffee giant's new chief in August. Shares of Starbucks jumped 24% when Niccol's hiring was announced a month ago, adding roughly $20 billion to the company's market cap. It's rare to see that kind of value added by just a CEO appointment.

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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The CEO of Nvidia Just Sold $78 Million Worth of His Company's Stock. Here's What Investors Need to Know.

The Motley Fool

Nvidia (NASDAQ: NVDA) stock sent investors on a wild ride so far in 2024. It was trading at a stock split-adjusted price of around $48 at the start of the year. The price got as high as $140.76 at one point in mid-June, then plunged to $99 by early August before recovering enough to trade around $130 a share by mid-August. It then fell 21% over a few weeks to trade around $103 in early September before recovering somewhat this past week, and it now trades around $118.

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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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Some Retirees Won't Get to Keep All of Their 2025 Social Security Cost-of-Living Adjustment (COLA). Here's Why.

The Motley Fool

We're only about a month away from the 2025 Social Security cost-of-living adjustment (COLA) announcement. Many seniors feel that recent COLAs haven't helped their checks keep pace with inflation like they're supposed to, and next year's COLA probably won't do anything to change that. We don't know what it'll be yet, but current projections put it lower than the 3.2% bump recipients got last year.

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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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After Moderna's Shocking News, Is the Stock a Buy or a Sell?

The Motley Fool

Moderna 's (NASDAQ: MRNA) struggles may last a little longer than expected. The biotech company had seen both sales and its stock price plummet as demand for its coronavirus vaccine waned, but seemed to be on the road to recovery. It won approval for its new respiratory syncytial virus (RSV) vaccine, reported positive data from trials of late-stage candidates, and even saw its shares climb about 20% in the first half of the year.

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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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Adobe Stock Drops on Disappointing Guidance. Wasn't Artificial Intelligence (AI) Supposed to Boost Its Business?

The Motley Fool

In this video, I will go over Adobe 's (NASDAQ: ADBE) third-quarter earnings report. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Sept. 12, 2024. The video was published on Sept. 12, 2024. Should you invest $1,000 in Adobe right now? Before you buy stock in Adobe, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for 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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Is Nvidia Stock Recession-Proof? The Answer Might Surprise You.

The Motley Fool

Nvidia (NASDAQ: NVDA) stock has gone from blowing away the stock market in the first half of the year to whipsawing back and forth on seemingly small news items. It's unusual to see swings that amount to $200 billion in market value being added or taken away in just a single session. That's life for a stock worth nearly $3 trillion, though. Since Nvidia's stock hit an all-time high on June 20, it's moved up or down by 5% or more in 15 sessions, a reflection of the stock's own volatility and inve

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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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How Should a Beginner Invest in Stocks? Start With This ETF.

The Motley Fool

A great way to create wealth over the long term is through investing. But it isn't necessarily an easy way, especially for beginners. For those just starting out, finding the right individual stocks to invest in can seem a bit overwhelming. J.P. Morgan 's investment firm published a study in 2021 that found that 40% of companies in the Russell 3000 index, which tracks the 3,000 largest stocks traded in the U.S., saw a catastrophic price loss between 1980 and 2020.

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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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First-Look Stocks: Is This Space Start-Up Set to Skyrocket?

The Motley Fool

In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a first look at Intuitive Machines (NASDAQ: LUNR) and share their insights about the prospects for the small space start-up stock. *Stock prices used were from the morning of Sept. 10, 2024. The video was published on Sept. 14, 2024. Should you invest $1,000 in Intuitive Machines right now?

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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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Social Security's 2025 Cost-of-Living Adjustment (COLA) Is Taking Shape as Yet Another Lose-Lose Scenario

The Motley Fool

For a majority of retirees, Social Security income is a financial foundation they'd struggle to live without. In 2022, 22.7 million people were pulled above the federal poverty line by this critical program, including 16.5 million adults aged 65 and over, according to an analysis from the Center on Budget and Policy Priorities. If Social Security didn't exist, the senior poverty rate would be almost four times higher -- an estimated 38.7%, versus the current 10.2%.

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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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1 Headline Number from This Artificial Intelligence (AI) Giant's Latest Report Could Mislead Investors

The Motley Fool

When dissecting the state of a public company, you can't often rely on the headline figures alone. Frequently, there's more to the story than just revenue growth or profit margins -- there's a story behind each metric. Case in point, consider Broadcom 's (NASDAQ: AVGO) latest report. The company certainly wasn't trying to be misleading, but the headline number that it trumpets -- that its revenue rose 47% year over year to $13.1 billion -- doesn't tell the full story of what's going on.

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KKR Completes Acquisition of Varsity Brands from Bain Capital and Charlesbank

KKR

New investment supports Varsity Brands’ growth strategy and mission to serve sports teams, schools, and student-athletes DALLAS & NEW YORK--(BUSINESS WIRE)-- Varsity Brands (the “Company”), a leader in team sports, athletics and spirit, and KKR, a leading global investment firm, today announced the completion of the acquisition of Varsity Brands by KKR from Bain Capital and Charlesbank.

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The 2025 Social Security COLA Could Be Lower Than Expected – Here's Why

The Motley Fool

The Social Security cost-of-living adjustment, or COLA, is based on third-quarter inflation data. We just got a look at the numbers from August, and here's what they tell us about the raise Social Security beneficiaries will receive in 2025. The $ 22,924 Social Security bonus most retirees completely overlook If you're like most Americans, you're a few years (or more) behind on your retirement savings.

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KKR receives all regulatory approvals for the voluntary public tender offer for all outstanding shares of OHB SE

KKR

27 August 2024 – Orchid Lux HoldCo S.à r.l. (“Bidder”), a holding company controlled by investment funds, vehicles and/or accounts advised and managed by various subsidiaries of Kohlberg Kravis Roberts & Co. L.P. (“KKR”), today announced the receipt of the last outstanding regulatory approval for the voluntary public tender offer for the shares (ISIN: DE0005936124) of OHB SE (“OHB”).

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3 Reasons to Avoid Shopping at Aldi at All Costs

The Motley Fool

Image source: Getty Images Of the various expenses in your budget , groceries are probably a big one. So if you're looking for ways to save money on food shopping, you may be inclined to turn to Aldi. Aldi is known for its low prices on the groceries and household essentials it stocks. Because of this, you may be eager to start shopping there more often.

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