Tue.Sep 17, 2024

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The Middle Class Is Shrinking. That's Both Good News and Bad News

The Motley Fool

Image source: Getty Images There used to be more Americans in the middle class. In fact, according to recent data from Pew Research, 61% of Americans lived in middle-class households in 1971, while just 51% were in the middle class in 2023. The fact that there are so many fewer middle-class people in the U.S. may seem like a dire catastrophe, especially as a middle-class lifestyle is often considered the dream of people who want a financially stable life with the necessities covered and some mon

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The FTC’s fight to stop an $8.5bn American fashion takeover

Financial Times M&A

Michael Kors among those called to testify as regulators try to block a deal between the owners of Coach and his brand

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Planning to Retire at Age 70? Here's Why You Shouldn't Count On It.

The Motley Fool

As of 2022, the average retirement age in the U.S. was 61, according to a Gallup Poll. But you may be making plans to leave the workforce at a much later age than that. Given an increase in life expectancies, it's not a bad idea to aim to retire at age 70 instead of planning to do in your mid- or even late 60s. In fact, retiring at age 70 offers a number of benefits.

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Summit Park Soars with Latest Buy

Private Equity Professional

Summit Park has acquired Thrust Flight , a provider of professional flight training services. In this transaction, Summit Park partnered with Thrust Flight’s founder and CEO, Patrick Arnzen , other senior management team members, and AltitudeX Aviation. Thrust Flight is a pilot training school catering to individuals aspiring to become professional pilots.

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What's a Good Net Worth for Someone Your Age?

The Motley Fool

Image source: The Motley Fool/Upsplash If you want to know how you're doing financially and whether you're wealthy (or on the path to wealth), tracking your net worth is the best way to do it. Your net worth is determined by adding up the value of all of your assets, like your home and investments, then subtracting all your liabilities or debts like your mortgage or credit cards.

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Swander Pace Sells Reliance Vitamin to Impetus Wellness

Private Equity Professional

Swander Pace Capital (SPC) has completed the sale of Reliance Vitamin to Impetus Wellness Group , a new platform company formed by AEA Investors. Reliance Vitamin was acquired in October 2017 by Branch Brook Holdings , a partnership between Swander Pace Capital , Jefferson Capital , and United Natural Foods. This partnership, formed in 2012, was created to invest in organic and specialty consumer product companies.

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What If You Only Invested At Market Peaks?

A Wealth of Common Sense

I’m at Future Proof this week with 4,000 friends in the financial advice space. Here’s a look back at the most popular post in A Wealth of Common Sense history. * In 2014 I wrote a piece called What If You Only Invested at Market Peaks? It’s hard to believe it now, but many investors assumed after a massive 30%+ run-up in the S&P 500 in 2013 that a peak was imminent.

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Could Nvidia Stock Help You Become a Millionaire?

The Motley Fool

If you had invested $5,000 in Nvidia (NASDAQ: NVDA) 10 years ago, your investment would be worth more than $1.24 million today. The chipmaker minted a lot of millionaires, as its sales of gaming and data center graphics processing units (GPUs) skyrocketed. But with a market cap of $2.9 trillion, Nvidia is now the third largest publicly traded company in the world after Apple and Microsoft.

Returns 246
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Kepler Cheuvreux buys majority stake in Trackinsight

Financial Times M&A

Financial services company says the acquisition will provide professionals with ETF selection tools

Stakes 112
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Is Nvidia a Buy?

The Motley Fool

The question on many investors' minds is whether Nvidia (NASDAQ: NVDA) , one of the best-performing stocks in the market, is still a buy after its huge run-up the past five years. For those who missed out on buying the stock, let's look at five reasons that I think the answer is still yes. 1. The AI arms race Currently there is a race among big technology companies to build data centers designed to handle artificial intelligence (AI).

Prospects 246
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EU competition chief warns against weakening rules to create champions

Financial Times M&A

Margrethe Vestager’s comments come as successor told to be ‘more supportive’ of companies

Companies 111
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Here's How Much Money You'll Lose When the Fed Cuts Interest Rates by 0.25%

The Motley Fool

Image source: The Motley Fool/Upsplash As of this writing, the Fed is expected to cut the federal funds rate by 25 basis points (0.25%) at its next meeting on Sept. 18, 2024. The Fed rate cut is good news for borrowers and businesses, but it can be bad news for anyone who has a savings account. Let's look at who stands to lose money from a Fed interest rate cut -- and how much lower interest rates can hurt your savings.

Banks 246
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Marlboro maker sells asthma inhaler group at discount after health backlash

Financial Times M&A

Philip Morris pivot from tobacco to healthcare with purchase of Vectura sparked opposition from doctors

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Top 3 Signs You Need to Cancel Your Credit Card

The Motley Fool

Image source: The Motley Fool/Getty Images Credit cards are a useful financial tool. You can use them to pay for everyday purchases, easily shop in-store or online, and earn rewards when you swipe your cards. But it's essential to use credit cards carefully. Otherwise, your actions can negatively impact your wallet. Are you feeling uneasy about your recent credit card usage habits?

Debt 246
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Guardian in talks to sell the Observer to Tortoise Media

Financial Times M&A

Media start-up pledges to invest £25mn in world’s oldest Sunday newspaper

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Prediction: 1 Top Growth Stock Down 40% That Could Start Skyrocketing After Sept. 25

The Motley Fool

Memory demand has been booming in 2024 as semiconductor companies, smartphone original equipment manufacturers (OEMs), and personal computer (PC) makers look to get their hands on compute and storage memory chips to churn out more artificial intelligence (AI) processors, generative AI smartphones, and AI-enabled PCs. As a result, the top and bottom lines of Micron Technology (NASDAQ: MU) are now growing at a breathtaking pace.

Prospects 246
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The questions over Commerzbank’s stake sale

Financial Times M&A

Deal is a textbook example of how not to create price tension in a capital markets offering

Stakes 104
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Cathie Wood Says Humanoid Robotics Are a $24 Trillion Opportunity. Here's 1 "Magnificent Seven" Stock You Won't Want to Miss If She's Right.

The Motley Fool

Over the last couple of years, artificial intelligence (AI) has widely been touted as the next frontier in software development, semiconductor chips, and machine learning. However, some of the more closely followed use cases in AI tend to revolve around self-driving cars, data analytics, and cloud computing. But what if I told you that there's a $24 trillion opportunity in AI that's flying totally under the radar?

Prospects 246
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Clawback conversations: A look at GP attitudes and preferences in waterfall structures and clawback risk

Private Equity Wire

A persistently muted deal landscape, resulting from skyrocketing debt costs and widespread macro-economic uncertainty, have steadily upped the pressure on private equity GPs over the past two years. Among the sources of pressure is the risk of clawbacks – LP claims on GPs’ carried interest in the event of losses. This report dives deeper into how these risks are playing out under current market conditions, and what firms are doing to adapt.

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These 3 Changes Are Coming to IRAs in 2025

The Motley Fool

Image source: Getty Images If you're saving and investing for retirement, it's important to check once a year to see if there are any new rules or changes coming to IRAs. The IRS occasionally makes changes and updates, such as raising contribution limits or updating the requirements for withdrawing money from IRAs. Knowing the latest rules for traditional and Roth IRAs can help you maximize your tax advantages, save more money for retirement, and avoid unexpected tax bills.

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Aurelius said to eye big fund size jump with €750m-plus European Opportunities V raise

AltAssets

European asset manager Aureliusis reportedly eyeing more than €750m for its latest European Opportunities fund - more than double the size of its predecessor in the strategy. The post Aurelius said to eye big fund size jump with €750m-plus European Opportunities V raise appeared first on AltAssets Private Equity News.

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Forget the Dow Jones: Buy This Magnificent ETF Instead

The Motley Fool

If you want to invest in the stock market in order to increase your net worth significantly over the long term, that's a fantastic plan. It's hard to beat the stock market for long-term wealth building. If you pick a few stocks on your own, though, one or more may turn out to be stinkers, though -- that happens to the best of us, even Warren Buffett.

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Ares Management seals biggest real estate fund yet with $3.3bn final close

AltAssets

Ares Management has raised its biggest real estate fund to date by hauling in more than $3.3bn for RE Opportunity Fund IV - a 50% increase from its predecessor fund in the strategy. The post Ares Management seals biggest real estate fund yet with $3.3bn final close appeared first on AltAssets Private Equity News.

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You'll Never Guess Which Generation Has the Biggest Credit Card Balance

The Motley Fool

Image source: Getty Images When you think of credit card debt, you might think of struggling young people just getting started in life. But is that really the case? Which generation of Americans actually has the most credit card debt? You can find out right here. The generation with the biggest debt balance According to research by The Motley Fool Ascent, the generation that owes the most is Gen X, followed by baby boomers, millennials, the Silent Generation, and finally Gen Z.

Debt 246
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Deal Roundup: Vista, Blackstone could pay up to $8bn for Smartsheet, Sverica seals Four Inc deal

AltAssets

Vista Equity Partners and Blackstone are reportedly in advanced talks for a buyout of collaboration software provider Smartsheet which could value the company at almost $8bn. The post Deal Roundup: Vista, Blackstone could pay up to $8bn for Smartsheet, Sverica seals Four Inc deal appeared first on AltAssets Private Equity News.

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3 Reasons Why Adobe Stock Could Continue to Fall, and 2 Reasons It's Still Worth Buying Now

The Motley Fool

Share prices of Adobe (NASDAQ: ADBE) sold off after the company reported its fiscal 2024 third-quarter results on Sept. 12 and management offered weak guidance for the rest of the year. The stock now trades down by more than 10% year to date compared to an over 14% gain in the tech sector and a 17.8% gain for the Nasdaq Composite. Yet despite some notable challenges that could weigh down the growth stock in the near term, Adobe is worth buying now.

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BlackRock revamps private credit business

Private Equity Wire

BlackRock Inc, the world’s largest asset manager, is restructuring its private credit division in a bid to close the gap with rivals in the rapidly expanding market, with the establishment of a new division Global Direct Lending led by Stephen Caron, according to a repot by Bloomberg. Caron, currently leads the European middle-market private debt division.

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Where Will SoundHound AI Be in 3 Years?

The Motley Fool

Shares of SoundHound AI (NASDAQ: SOUN) more than doubled over the past year as investors sought high-growth companies in the artificial intelligence (AI) segment. The company's focus on building some of the best voice assistant tools for large enterprises and its acquisitions have boosted SoundHound's sales and added to the narrative that the company could continue its winning streak.

Stakes 246
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Moderne Ventures’ corporate relationships-focused dealmaking attracts $230m for third fund

AltAssets

Moderne Ventures has picked up $230m for its third flagship generalist venture capital and growth equity fundraise. The post Moderne Ventures’ corporate relationships-focused dealmaking attracts $230m for third fund appeared first on AltAssets Private Equity News.

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4 Harmful Myths About Saving for Retirement

The Motley Fool

Image source: Getty Images Retirement planning is a complicated subject. After all, you're trying to save enough money to last for the rest of your life. That requires estimating how much money you'll need, deciding how much to save per month, and figuring out the best retirement accounts to use. As a personal finance writer, I see a lot of myths about saving for retirement.

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Panda Restaurant Group anchors $780m CFT Capital Management co-investment fund

AltAssets

LA-based CFT Capital Management has raised more than $780m for its second co-investment fund. The post Panda Restaurant Group anchors $780m CFT Capital Management co-investment fund appeared first on AltAssets Private Equity News.

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Warren Buffett Loves This Stock That's at a 52-Week Low

The Motley Fool

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has been accumulating a position in Occidental Petroleum (NYSE: OXY) for some time and now owns more than 27% of the oil company. In this video, I sit down with energy sector expert Tyler Crowe to take a closer look at whether Occidental could be a smart buy while it's trading at a 52-week low. *Stock prices used were the morning prices of Sept. 12, 2024.

Returns 246
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Circularity Capital names new Operating Principal

Private Equity Wire

Circularity Capital, a specialist private equity firm supporting growth stage European businesses in the circular economy, has appoint of Julediet Buffey as an Operating Principal in its portfolio growth team. Joining the business from LDC’s value creation team, Buffey brings extensive experience in driving revenue growth through optimising sales, marketing and pricing strategies.

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Is It Better to Buy a CD or Put Your Money in Savings? The Answer Is Simpler Than You Think

The Motley Fool

Image source: Upsplash/The Motley Fool If you have money that you won't need for five or more years, there's only one place it should go: a brokerage account. You can get the best returns possible by investing, and if you invest for the long term, you're taking on minimal risk. What if you don't have such a long timeline, though? If you'll need the money you're saving in the next five years, you have two big choices about where to put it: You could buy a certificate of deposit (CD) , or you coul