Wed.Oct 11, 2023

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This Southwest Gift Card Deal From Costco Could Save You $70 on Your Next Flight

The Motley Fool

Image source: Getty Images Flights are a travel expense that can quickly make any vacation costly. Even if you budget accordingly and buy your tickets well in advance, you may have to spend more than you'd prefer. But Costco has a deal that could help some travelers save money on flights. The warehouse club sells discounted gift cards to its members.

Debt 264
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Bain Capital Postpones $700m Virgin Australia IPO Until Next Year

Private Equity Insights

Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next year, a person with knowledge of the matter said on Tuesday. The U.S.-based private equity firm will consider listing in 2024 after assessing market conditions, said the source who declined to be identified as the discussions were private. Bain said in January it would explore re-listing Virgin, which it bought for $2.45bn including liabilities in 2020 after it was placed in voluntary administ

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3 Perks of Buying Tires at Costco

The Motley Fool

Image source: Getty Images No, it's not just you. Tire prices have gone up. The average price of tires has risen 21.4% over the last two years, according to Michael Grabell from ProPublica. That would make a tire that cost $100 about $120 in today's dollars, while a tire that cost $250 would now be $300. To make matters worse, you can't always plan for tire expenses.

Financing 246
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Sagard Private Equity Canada invests in growth of Norbec

PE Hub

Norbec is a Boucherville, Quebec-based manufacturer of insulated metal panels and walk-in coolers and freezers. The post Sagard Private Equity Canada invests in growth of Norbec appeared first on PE Hub.

Investing 240
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Why Shares of Fresenius Medical Care Were Dropping on Wednesday

The Motley Fool

What happened Shares of Fresenius Medical Care (NYSE: FMS) were down more than 18% as of noon ET on Wednesday. The healthcare company's shares are up a little more than 5% so far this year. The drop came because a competitor's drug fared well in preventing kidney disease, and a big part of Fresenius' business is in dialysis therapies. So what Fresenius is the world's largest provider of products and services for individuals with kidney diseases.

Companies 246
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Capstreet-backed TradePending snaps up marketing agency Fixed Ops Digital

PE Hub

TradePending is a sales enablement and consumer experience software platform for car dealerships. The post Capstreet-backed TradePending snaps up marketing agency Fixed Ops Digital appeared first on PE Hub.

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Ronin Equity seeks add-ons after merging six companies to craft Lotus

PE Hub

Ronin formed Lotus Beverage Alliance in April when the PE firm merged six craft beverage equipment providers. The post Ronin Equity seeks add-ons after merging six companies to craft Lotus appeared first on PE Hub.

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Amazon's Prime Day Isn't About Sales Anymore

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. You can only go so many years raising prices just before a Prime event before consumers catch on. Amazon's October Prime sales event wrapped up Tuesday, and this year saw a shift in consumer behavior.

Investors 246
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Ronin brews up craft beverage equipment platform; new shop Citation Capital invests in smart snacking

PE Hub

Citation Capital is backing snacking firm Cibo Vita. The post Ronin brews up craft beverage equipment platform; new shop Citation Capital invests in smart snacking appeared first on PE Hub.

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3 Reasons to Buy Abbott Laboratories Stock

The Motley Fool

Medical device giant Abbott Laboratories (NYSE: ABT) hasn't performed well in the past year. The company has had to deal with several issues that affected its results and its public image, notably the recall of its baby formula products. However, every corporation faces challenges at some point -- that's not a good reason to avoid buying shares. And in the case of Abbott, there are plenty of good arguments as to why investors should strongly consider investing in the stock.

Prospects 246
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TA and OceanSound to invest in Kinective

PE Hub

This transaction will enable Kinective to bolster product innovation and increase investment in sales and support resources. The post TA and OceanSound to invest in Kinective appeared first on PE Hub.

Investing 215
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I Haven't Started Saving and My Kids Are Almost in College. Am I Too Late?

The Motley Fool

Image source: Getty Images Many parents have the goal of putting their kids through college so they don't have to accrue a ton of debt in the course of getting a degree. But what if you're only a few years away from your kids starting college and you've yet to sock money away for it? It's easy to see how that might happen. It's hard to set aside money for college when you have a mortgage to pay, a car that keeps needing repairs, and other such unavoidable expenses.

Education 246
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PODCAST: Mastering the diplomacy of value creation

PE Hub

The third installment of Disruption Matters season two discusses the leadership agenda, ESG and human capital. The post PODCAST: Mastering the diplomacy of value creation appeared first on PE Hub.

Capital 215
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2025 Could Be a Big Year for This Top Warren Buffett Stock

The Motley Fool

Occidental Petroleum (NYSE: OXY) currently makes most of its money producing oil and gas. However, the energy company is working to build out a new growth platform that could be a major driver starting in 2025. That bodes well for Warren Buffett, whose Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) owns a large position in the oil stock. Here's a look at why 2025 could be a big year for this top Warren Buffett stock.

Companies 246
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Osceola Capital-backed Talent Groups acquires two staffing firms Abacus Technical Services and InSource Group

PE Hub

Talent Groups is a national IT staffing company. The post Osceola Capital-backed Talent Groups acquires two staffing firms Abacus Technical Services and InSource Group appeared first on PE Hub.

Capital 212
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Disney World Raises Prices, Perks, and Hope

The Motley Fool

It's not just some of Walt Disney 's (NYSE: DIS) premium streaming services getting more expensive this month. The entertainment giant tweaked some of the ticket prices for its domestic theme park resorts on Tuesday. It's not all bad news, as Disney World relaxes one of its more unpopular passholder restrictions at Disney World, and both resorts are holding the line on their cheapest one-day admissions.

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Tacora to get C$75m DIP facility as part of CCAA proceedings

PE Hub

Tacora Resources is the owner and operator of the Scully Mine located near Wabush, Newfoundland and Labrador. The post Tacora to get C$75m DIP facility as part of CCAA proceedings appeared first on PE Hub.

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1 in 3 Americans Are Now Dealing With Identity Theft, So Here Are the Steps I'm Taking ASAP to Protect Myself

The Motley Fool

Image source: Getty Images Identity theft is increasingly common and impacts millions of Americans. It's horrible to think that someone might be lurking on the internet or rifling through your trash to find data they can use to impersonate you. But sadly, criminals can use even scraps of personal information to open accounts or get credit in your name.

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Kain Capital-backed PERA taps Stevie as CEO

PE Hub

PERA is a manager of mid-sized regional hospice and palliative care providers. The post Kain Capital-backed PERA taps Stevie as CEO appeared first on PE Hub.

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2 Top Tech Stocks to Buy in October

The Motley Fool

The kids are back in school, every shopping center smells of pumpkin spice, and the last earnings season of the calendar year is about to kick off. At this juncture, the tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) stock market index has gained 30% year-to-date but also traded sideways in the last two months. Many potent tech stocks lurk in Wall Street's autumn leaf piles with modest share prices.

Debt 245
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Sysco to acquire Vestar Capital-backed foodservice equipment provider Edward Don

PE Hub

J.P. Morgan and William Blair served as joint lead financial advisors to Edward Don and Vestar Capital. The post Sysco to acquire Vestar Capital-backed foodservice equipment provider Edward Don appeared first on PE Hub.

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3 Stocks Cut in Half in 2023 That Could Double in 2024

The Motley Fool

The market's had its shares of winners this year. It has also had plenty of losers, but then you get to some of Wall Street's biggest losers. There are 37 stateside-listed stocks with market caps of at least $1 billion that have shed more than 50% of their value this year. Let's go over three that I think can bounce back, doubling in the year ahead.

Education 245
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TPG Rise Climate to buy TIC services firm AmSpec

PE Hub

The transaction is expected to close in the fourth quarter of 2023. The post TPG Rise Climate to buy TIC services firm AmSpec appeared first on PE Hub.

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This Is How Much Money You Can Make With $5,000 in a High-Yield Savings Account

The Motley Fool

Image source: Getty Images If I were to sit down and rank the best money moves I've made in the last few years, opening a high-yield savings account last year would definitely be near the top. Not only was the account incredibly easy to open, but I've made more than $1,000 on my savings this year so far, thanks to earning a generous APY. Admittedly, I'm in the process of meeting a big savings goal , so you may not have as much saved cash as I currently do.

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Trivest appoints Gracer as ESG director

PE Hub

Gracer is based in Southern California. The post Trivest appoints Gracer as ESG director appeared first on PE Hub.

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Is Recursion Pharmaceuticals Stock a Buy Now?

The Motley Fool

It has been a tumultuous year for the clinical-stage biotech Recursion Pharmaceuticals (NASDAQ: RXRX). Earlier this year, the company's shares skyrocketed after it announced a partnership with the tech giant Nvidia , but Recursion has since given up all these gains -- and then some. As of this writing, the company's stock is down by 8% since the year started.

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Apax snaps up Bazooka Candy Brands

PE Hub

The sellers are Michael D. Eisner’s Tornante Company and Madison Dearborn Partners. The post Apax snaps up Bazooka Candy Brands appeared first on PE Hub.

Companies 172
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3 Ways to Get Your Brokerage Account Balance to $50,000 by 30

The Motley Fool

Image source: Getty Images A $50,000 brokerage account balance might seem like the sort of thing you could attain by age 50. But believe it or not, you may be able to grow your balance to $50,000 much sooner than that -- by age 30, in fact. If your account balance is currently $0, you might assume that's impossible. But thankfully, it's not. If you follow these steps, you could easily end up sitting on $50,000 by the time your 30th birthday rolls around.

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SK Capital to buy food and beverage ingredients firm J&K Ingredients

PE Hub

The seller is CORE Industrial Partners. The post SK Capital to buy food and beverage ingredients firm J&K Ingredients appeared first on PE Hub.

Capital 170
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Why Dialysis Stocks Plunged Today

The Motley Fool

What happened Shares of several major dialysis stocks plunged on Wednesday after Novo Nordisk (NYSE: NVO) indicated one of its diabetes treatments could also be used to treat chronic kidney disease. Dialysis products and services providers were broadly negative in early trading, including drops of around 19% each as of 12:00 p.m. EDT for DaVita (NYSE: DVA) , Outset Medical (NASDAQ: OM) , and Fresenius Medical (NYSE: FMS).

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Middleground appoints Speight as partner

PE Hub

He will be based in the firm’s Lexington, Kentucky headquarters. The post Middleground appoints Speight as partner appeared first on PE Hub.

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Why Riot Platforms Stock Tumbled Today

The Motley Fool

What happened A new research report from a prominent bank shined a harsh light on Riot Platforms (NASDAQ: RIOT) Wednesday. The company, a Bitcoin miner, saw its share price erode by nearly 8% as a result. That performance contrasted unfavorably with that of the S&P 500 index, which was in positive territory with a 0.4% rise. So what That morning, a team of analysts at JPMorgan Chase initiated coverage of a set of Bitcoin mining stocks, among which was Riot Platforms.

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Mubadala Plans to Invest $1bn a Year in Brazil

Private Equity Insights

Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, is bullish on Brazil’s growth prospects under President Luiz Inacio Lula da Silva and plans to invest more than $1bn a year to expand its holdings in the country that range from an oil refinery to a toll road. More than a decade after coming to Brazil to invest in then-billionaire Eike Batista’s commodities empire, the firm has deployed more than $5 billion in the country, Oscar Fahlgren, the head of Mubadala Capital in

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Why Japan should sell Nintendo

Financial Times M&A

A sale of one of its crown jewels could be transformative for the country

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