Sat.Sep 21, 2024

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3 Required Minimum Distribution (RMD) Rules Everyone Needs to Know Before the End of 2024

The Motley Fool

In just a few months, we'll turn the calendar to 2025. Before we do, however, there are some important financial tasks to take care of. One of the biggest for many retirement account holders is required minimum distributions , or RMDs. While you get a tax break when you contribute to a tax-deferred retirement account like an IRA or 401(k) , Uncle Sam eventually wants his cut.

Taxes 246
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Qualcomm approached Intel about takeover bid in recent days

Financial Times M&A

No formal offer has been made in deal which would be biggest tech acquisition in history

Bidding 111
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Say Goodbye to Your Historic Social Security Cost-of-Living Adjustment (COLA) in 2025

The Motley Fool

For a majority of Americans, Social Security income is an absolute necessity during retirement. In each of the last 23 years, national pollster Gallup has surveyed retirees to gauge how reliant they are on their Social Security check. Consistently, between 80% and 90% of respondents stated that it was a major or minor source of income, including 88% of respondents in 2024.

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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: • America may be on the brink of an epic vibe shift : Stock prices at records, gas prices falling, and the Fed is cutting. Will it be enough to lift the sour consumer mood that set in during the pandemic? ( Sherwood ) • The Mr. Beast Memo is a Guide to the Gen Z Workforce: Mr.

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A Little Good News for Tesla

The Motley Fool

Sentiment surrounding the electric vehicle (EV) industry hasn't exactly been inspiring of late. Sales growth has slowed in the U.S., highly subsidized yet well-built and well-received Chinese EVs are attempting to break into markets around the world, and charging infrastructure in many places still leaves much to be desired. Tesla (NASDAQ: TSLA) has had its fair share of bad news, but registration data for July brought a bit of good news for its shareholders.

Taxes 246
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Figuring out the big trends to uncover global investment opportunities

Top 1000 Funds

Former US Secretary of State Condoleezza Rice and Franklin Templeton Investments president Jenny Johnson told the Fiduciary Investors Symposium that the big trends of demographics, digitisation and de-globalisation are creating plenty of opportunities for investors, and cautioned on major global geopolitical risks, specifically, the ongoing Russia-Ukraine conflict.

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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 Simple Vanguard ETF Can Turn $500 Per Month Into $50,000 in Annual Dividend Income

The Motley Fool

Building a portfolio of great stocks that can pay out enough in dividends to cover most of your major expenses in retirement is a big goal for many investors. Experts and amateurs alike spend a lot of time and effort searching for great dividend stocks that not only pay a reasonably high yield today, but will also grow their payouts over time. Finding those stocks means you'll likely receive an annual pay raise every year as long as you remain diversified.

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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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This 1 Simple ETF Could Turn $500 a Month Into $500,000

The Motley Fool

Anyone can turn $500 into $500,000 -- if you have the time and the patience. Don't believe it? Read further to discover the secrets of how consistent savings and long-term stock market returns can add up to a half-million bucks. Image source: Getty Images. Getting started First things first: In order to grow a nest egg, you must save. So, let's imagine a hypothetical investor who has it within their means to save $500 per month.

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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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3 Reasons to Buy Chipotle Mexican Grill Like There's No Tomorrow

The Motley Fool

Chipotle Mexican Grill (NYSE: CMG) has become one of the most prominent fast-casual restaurant brands in the world. But all companies, no matter how well consumers like them, cycle between good and bad times. With Chipotle's stock down around 15% from its 52-week high, long-term growth investors might want to jump aboard. And, yes, there are some negatives to understand before you do.

Returns 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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1 No-Brainer Electric Vehicle (EV) Stock to Buy With $200 Right Now

The Motley Fool

It wasn't long ago that nearly every electric vehicle (EV) stock was soaring in value. In 2021, for example, industry hype was at a fever pitch. Several EV companies -- including Rivian Automotive and Lucid Group -- debuted on the public markets with great fanfare, while conventional automakers were boasting about plans to aggressively expand their EV lineups.

Capital 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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3 Reasons to Buy Broadcom Stock Like There's No Tomorrow

The Motley Fool

Investing in artificial intelligence may feel a little wild right now. So much is changing, and many tech companies that weren't formerly in the AI space have pivoted to the market (or at least tried to). But there's one company that is seemingly making the right moves in AI right now, benefiting from a unique niche in the market, and has the potential to continue tapping into AI in the years ahead.

Returns 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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Here's the Income You Need to Be in the Top 50% of American Households

The Motley Fool

The Census Bureau's Current Population Survey (CPS) collects data from roughly 60,000 U.S. households each month, representing about 110,000 individuals aged 15 and older. The surveys are administered monthly to provide continuity, but the results are published annually. In 2023, those U.S. households reported a median income of $80,610, up 4% from $77,540 in 2022.

Taxes 246
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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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3 Stock-Split Stocks to Buy Before They Soar as Much as 243%, According to Select Wall Street Analysts

The Motley Fool

The popularity of stock splits has seen a resurgence in recent years. While the procedure was common throughout the 1990s, it had faded into near obscurity before enjoying a renaissance over the past decade. Companies will normally embark on a stock split after years of strong operational and financial results have driven a surging stock price. The prospect of a stock split is generally a reason for investors to take a fresh look at the company in question -- and with good reason.

Banks 246
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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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Can Nvidia Stock Hit $200 in 2024?

The Motley Fool

Over the last two years, the hype around the artificial intelligence (AI) boom has led to incredible operating momentum for Nvidia (NASDAQ: NVDA) , the company that designs and manufactures most of the industry's chips. But while business is roaring, the company's stock price seems to have hit a roadblock. Let's discuss why this might be happening and determine whether Nvidia's shares can hit $200 before the end of the year.

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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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Could Investing $10,000 in Microsoft Make You a Millionaire?

The Motley Fool

Microsoft (NASDAQ: MSFT) has been one of the top stocks on the market in the past decade. Buying and holding shares of this technology giant over this period has helped investors enjoy market-beating returns. More specifically, Microsoft stock has delivered an annual return of almost 27% in the past 10 years, assuming the dividends paid out by the company were reinvested.

Investing 246
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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 Cost-of-Living Adjustment (COLA) Might Not Increase Your Monthly Benefits as Much as You Think

The Motley Fool

Seniors collecting Social Security receive a raise almost every year to help their checks keep up with the rising cost of living. The government is still a few weeks away from finalizing the numbers to calculate next year's cost-of-living adjustment , or COLA. If everything goes as expected, Social Security recipients should receive a 2.5% bump to their benefits starting in January.

Taxes 246
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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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This Is the Average Social Security Benefit for Age 67

The Motley Fool

Social Security is a substantial source of income for millions of retirees. 60% of current retirees rely heavily on their benefits, according to a 2024 poll from Gallup, with a whopping 88% saying they depend on Social Security to some degree. If you're looking to maximize your payments, delaying claiming can boost your checks by hundreds of dollars per month.

Banks 246
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KKR to Present at the Barclays Global Financial Services Conference

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Raj Agrawal, Partner and Global Head of Infrastructure, will present at the Barclays Global Financial Services Conference on Monday, September 9, 2024 at 9:45 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For.

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We Have 5 of the 6 Pieces of Data We Need to Calculate the 2025 Social Security Cost-of-Living Adjustment (COLA). Here's What They're Telling Us.

The Motley Fool

The Social Security Administration will officially announce the 2025 cost-of-living adjustment (COLA) on Oct. 10, 2024. It might seem like an arbitrary date to you, but it's not. That's when the government releases the September figure for the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). It's the final piece of information we need to determine the Social Security COLA.

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KKR-Mirastar Acquires Portfolio of Five Prime Logistics assets across the UK from PLP

KKR

London, 3 September 2024 – KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have completed the off-market acquisition of a prime UK logistics portfolio from PLP, totalling 890,364 square feet across five assets. The portfolio is currently 80% let, with a weighted average lease term to break of 10 years. The assets provide best-in-class specifications, including BREEAM Very Good certifications and EPC A+ ratings.

Assets 40
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1 Magnificent High-Yield Dividend Growth Stock Down 40% to Buy and Hold Forever

The Motley Fool

Normally, investors looking for dividend growth wouldn't expect to find it in the real estate investment trust (REIT) sector. But sometimes there are gems that get overlooked because they don't conform to the norms. Rexford Industrial Realty (NYSE: REXR) is just such a genre-defying stock. Here are three reasons why this is one magnificent high-yield dividend growth stock you'll want to consider buying and holding forever. 1.

Investors 246
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Axel Springer Announces New Corporate Structure to Unlock Future Growth Potential

KKR

Berlin, September 19, 2024 – Axel Springer SE (“Axel Springer”) today announced a strategic decision to create a new corporate structure for the company, with a goal to create a focused media company and separately held classifieds businesses. The new corporate structure is designed to position all businesses for optimal future growth potential and success in their respective markets.

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Wall Street Analysts Are Bullish on This Artificial Intelligence (AI) Stock. Here's Why I'm Not.

The Motley Fool

It's an understatement to say that Wall Street analysts are bullish on Nvidia (NASDAQ: NVDA). FactSet tracks 64 analyst ratings on the chip designer's stock. And 51 of them rate Nvidia a buy in that system -- the highest available grade, equivalent to a strong buy on most rating platforms. Nine more call Nvidia an overweight opportunity, and the last four have settled for a hold.

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