Sat.Oct 26, 2024

article thumbnail

Starbucks Serves Up a Cold Q4. Is the Turnaround Still Alive?

The Motley Fool

Investors in Starbucks (NASDAQ: SBUX) knew that the arrival of Brian Niccol, the former star CEO of Chipotle , in the corner office wouldn't magically fix the business. Still, they were unprepared for how bad Starbucks' performance was in the fiscal fourth quarter, which ended Sept. 29. The coffee chain dumped its preliminary results on investors a week earlier, clearing the air before the full report next Wednesday.

Investors 246
article thumbnail

Sweden’s EQT eyes deal push as it girds for wave of PE consolidation

Financial Times M&A

Chief Christian Sinding says firm is weighing acquisitions of private investment groups and growth-focused investment firms

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Become a Dividend Millionaire

The Motley Fool

When it comes to investing, it takes patience and persistence. You are not going to make money in every investment, which is why it is key to invest in high-quality companies with strong free cash flows. One way to do this all at once is through a well-rounded dividend ETF like the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). In today's video, I will breakdown the power of compounding and how that can help you build the portfolio you envision having and retiring with.

article thumbnail

Former Tory treasurer Malik Karim dispels corporate fears over Labour

Financial Times M&A

Fenchurch Advisory boss points to uptick in M&A and industry shifts for boost in profits

90
article thumbnail

Rivian's New Competitor Is a Huge Problem

The Motley Fool

Rivian 's (NASDAQ: RIVN) partnership with Volkswagen took a strange turn today when Volkswagen's Scout brand introduced two new vehicles that look a lot like Rivians. This will increase competition in the EV truck and SUV segment and VW is doing it with the help of Rivian's technology. Travis Hoium breaks down why this is so bad for Rivian in the video below.

Returns 246
article thumbnail

BT explores sale of Radianz unit as part of overhaul

Financial Times M&A

UK telecoms group is working with Citigroup on possible disposal

71

More Trending

article thumbnail

10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Savers Bid a Sad Farewell to Higher Yields : Interest rates on CDs and savings accounts are down and expected to keep falling. A mourning period is under way for the all too brief era of 5% yields. ( Wall Street Journal ) • Goldman Sachs cautions that predicting the next decade of returns is hard : The strategists forecast lackluster returns, but they definite

Bidding 69
article thumbnail

1 Top Cryptocurrency to Buy Before It Soars 5,300%, According to Cathie Wood

The Motley Fool

It's been a great week for cryptocurrency investors. The prices for many major cryptocurrencies have soared in recent days, and many experts are calling for more upside. In fact, Cathie Wood -- an iconic investor known for her aggressive investment style -- believes one legendary cryptocurrency still has more than 5,300% in upside to go. This famous cryptocurrency remains your best bet When it comes to crypto markets, no asset has more name recognition than Bitcoin (CRYPTO: BTC).

Assets 246
article thumbnail

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.

article thumbnail

This 14%-Yielding Dividend Has Been Stable for 55 Months in a Row (Can the Streak Continue?)

The Motley Fool

AGNC Investment (NASDAQ: AGNC) is a prolific dividend stock. The mortgage-focused real estate investment trust (REIT) pays a monthly dividend that currently yields over 14%. That's more than 10 times higher than the S&P 500 (1.3% yield). The mortgage REIT has paid its monster dividend for 55 months in a row. That's impressive, considering the market conditions it has endured over the past few years.

article thumbnail

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
article thumbnail

3 Nuclear Power Stocks That Could Power the Artificial Intelligence Revolution

The Motley Fool

The artificial intelligence (AI) revolution is creating an unprecedented surge in energy demand. The International Energy Agency projects that data centers may account for up to one-third of the anticipated increase in U.S. electricity demand from 2024 through 2026. Major tech companies are making bold moves into nuclear power to meet their growing energy needs.

article thumbnail

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.

article thumbnail

Billionaires Are Buying This Cryptocurrency That Could Soar 200% Over the Next 12 Months, According to an Investment Firm

The Motley Fool

After trading down or sideways for much of the past seven months, Bitcoin (CRYPTO: BTC) may finally be ready for a major breakout. The investment firm Bernstein has just released a report detailing all the reasons it thinks Bitcoin could hit a new all-time high of $200,000 by the end of 2025. Based on Bitcoin's current price of about $68,000, that would represent nearly a 200% gain.

article thumbnail

KKR Closes $4.6 Billion Ascendant Fund

KKR

The Fund is the first of its kind at KKR, targeting the large and fragmented North American middle market KKR to support implementation of broad-based employee ownership and engagement programs in all control investments in the Fund NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final closing of KKR Ascendant Fund SCSP (“Ascendant” or the “Fund”), a $4.6.

Funds 40
article thumbnail

Warren Buffett's Actions Speak Louder Than Words -- and His Actions Foreshadow Trouble for Wall Street

The Motley Fool

There arguably isn't a money manager who commands the attention of professional and everyday investors on Wall Street quite like Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett. But when you practically double up the average annual total return, including dividends, of the benchmark S&P 500 (SNPINDEX: ^GSPC) spanning almost six decades, you're bound to earn quite the following.

Banks 246
article thumbnail

KKR Announces Intra-Quarter Monetization Activity Update for the Third Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced income from monetization activity in excess of $535 million with respect to the period from July 1, 2024 through September 23, 2024 based on information available as of today. In its Asset Management segment, KKR has earned total realized performance income and realized investment income in excess of $450 million.

article thumbnail

Meet the Ultra-Low-Cost Vanguard ETF That Has 33% of Its Holdings in Nvidia, Apple, and Microsoft

The Motley Fool

In the span of just two years, the combined market cap of Nvidia (NASDAQ: NVDA) , Apple (NASDAQ: AAPL) , and Microsoft (NASDAQ: MSFT) has gone from $4.36 trillion to just over $10 trillion. Microsoft and Nvidia are already at the forefront of artificial intelligence (AI), while Apple plans to further integrate AI into its products and services. The rapid rise in the value of these three companies in a relatively short amount of time has changed the landscape of the broader market.

article thumbnail

KKR Releases “An Alternative Perspective: Past, Present, and Future”

KKR

New Report Highlights the Private Alternatives Sector’s Expansion Beyond Private Equity and Potential for Future Growth NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “An Alternative Perspective: Past, Present, and Future,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

Assets 40
article thumbnail

Is Elon Musk "Superhuman"? Here's Why Nvidia's Jensen Huang Thinks So After the Tesla Chief's $2.5 Billion Feat

The Motley Fool

Few people elicit as strong a reaction as Elon Musk. The outspoken Tesla founder is fond of making bold claims and huge promises -- promises that he doesn't always keep, much to the chagrin of Tesla investors. Add to that his social media activity, and he is often a divisive figure. One thing that can't be denied is that Musk has vision. That -- and a massive net worth -- make him capable of marshaling huge resources to accomplish incredible tasks.

Startups 246
article thumbnail

Consortium of KKR and the Skip Essential Infrastructure Fund to acquire Majority Stake in Queensland Airports

KKR

SYDNEY--(BUSINESS WIRE)-- KKR, a leading global investment firm, and the Skip Essential Infrastructure Fund, today announced the signing of definitive agreements under which a consortium of KKR (on behalf of funds managed by it) and the Skip Essential Infrastructure Fund (the ‘Consortium’) will acquire a 74.25% stake in Queensland Airports Limited (‘Queensland Airports’) from The.

Stakes 40
article thumbnail

Did Warren Buffett Send the Market a Warning With Berkshire's Sales of Apple and Bank of America? Here's What Billionaire Investor David Einhorn Thinks

The Motley Fool

Warren Buffett's company Berkshire Hathaway has surprised the market this year by selling big chunks of two of its largest holdings. First, Berkshire sold more than 60% of its shares in the consumer tech giant Apple , which had constituted more than 40% of Berkshire's equities portfolio. Then, in the second and third quarter, Berkshire trimmed its position in Bank of America by more than 28% through numerous small incremental transactions.

Banks 246
article thumbnail

KKR to Sell GeoStabilization International to Leonard Green & Partners

KKR

All 900+ GSI Employee Owners to Earn Cash Payouts, with Longest Tenured Hourly Employees Each Receiving Over $325,000 in Proceeds DENVER & NEW YORK--(BUSINESS WIRE)-- KKR today announced an agreement to sell GeoStabilization International (“GSI” or the “Company”) to Leonard Green & Partners, L.P. (“LGP”). GSI is a leading provider of geohazard mitigation solutions and roadway safety services.

article thumbnail

Prediction: This Will Be the Best-Performing Stock in the $1 Trillion Club in 2025

The Motley Fool

Nvidia (NASDAQ: NVDA) was the best-performing stock in the entire S&P 500 (SNPINDEX: ^GSPC) in 2023, ending the year with a 239% gain. It's up a further 181% so far in 2024, but that isn't enough to lead the index -- first place is currently held by Vistra Corp. However, a 181% gain is enough to place Nvidia ahead of every other company worth $1 trillion or more.

Returns 246
article thumbnail

BBVA forms a Strategic Partnership with KKR, investing $200 million in its Global Climate Strategy

KKR

NEW YORK – September, 27th, 2024 – BBVA and leading global investment firm KKR have formed a new strategic partnership to support the decarbonization of the real economy.

article thumbnail

3 Social Security Changes Retirees Need to Know About in 2025

The Motley Fool

Did you know that Social Security is 89 years old? The Social Security Act was signed in August 1935 to provide benefits for older Americans, and the program has been going (relatively) strong ever since. But despite the fact that Social Security has been around for nearly a century, its rules tend to change from one year to the next. Here are three ways Social Security is changing in 2025 -- and how they might have an impact on you.

Taxes 246
article thumbnail

Powin Secures $200 Million in Debt Capital From KKR to Bolster Growth and Innovation in Energy Storage

KKR

PORTLAND, Ore.--(BUSINESS WIRE)--Powin, a global leader in battery energy storage solutions, announced today that it has successfully secured a revolving credit facility of up to $200 million primarily from insurance accounts managed by KKR, a leading global investment firm.

Debt 40
article thumbnail

Philip Morris International Hits All-Time Highs. Is It Too Late to Buy the Stock?

The Motley Fool

The tobacco space hasn't been viewed as a place to find growth stocks in a very long time. However, Philip Morris International (NYSE: PM) may be changing that narrative as its smoke-free business continues to drive tremendous momentum for the company. The stock recently hit an all-time high on the back of yet another strong quarter and is up over 40% year to date.

Returns 246
article thumbnail

Peregrine Closes on Debt Financing from KKR

KKR

BOULDER, Colo. and NEW YORK , Oct. 2, 2024 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility-scale energy storage, and KKR, a leading global investment firm, today announced that Peregrine has closed on a credit facility from insurance accounts managed by KKR that can provide financing for up to $250 million in assets.

Debt 40
article thumbnail

Does Stanley Druckenmiller Know Something David Tepper Doesn't? The Billionaire Investor is Avoiding the China Rally and Investing in Another Foreign Market Instead.

The Motley Fool

There may not be two investors with more successful careers than billionaires Stanley Druckenmiller and David Tepper. Druckenmiller, through his fund, Duquesne Capital, generated average annual returns of 30%. Tepper and his fund, Appaloosa Management, generated a compound annual growth rate of 25%. It's hard to believe that two investors as successful as Druckenmiller and Tepper could have such different views of the market, but that's why we have a market.

article thumbnail

KKR Acquires Leading Near-Airport Parking Provider, The Parking Spot, from Green Courte Partners

KKR

NEW YORK & CHICAGO--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired The Parking Spot (“TPS” or the “Company”), the nation’s leading owner and operator of near-airport parking properties, from an affiliate of Green Courte Partners, LLC, a private equity real estate investment firm. Financial terms of the transaction were not disclosed.

article thumbnail

The Ultimate Biotech Stock to Buy With $50 Right Now

The Motley Fool

If I had to buy one share of any biotech with no price restriction, I'd naturally gravitate toward the most successful companies in the industry. However, the exercise becomes more complicated if you stipulate a limit of $50 per share; most of the prominent biotech stocks are trading well above that amount. Those around that level are, disproportionately, relatively small and risky companies whose prospects don't look all that strong.

Prospects 246
article thumbnail

KKR & Co. Inc. to Announce Third 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 third quarter 2024 on Thursday, October 24, 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 Thursday, October 24, 2024 at 10:00 a.m.

article thumbnail

This Magnificent Stock Has Made Many Millionaires, and Could Make More

The Motley Fool

When investors run through their mental catalog of the market's biggest-ever winners, names like Nvidia and Amazon come to mind. And rightfully so. Nvidia's tech is at the heart of most artificial intelligence (AI) platforms, while Amazon is largely responsible for ushering in the era of e-commerce. Their stocks' millionaire-making gains are well justified.

Returns 246