The Motley Fool

OCTOBER 6, 2024

"Bethlehem Steel was a giant. You knew if you worked for a place like that, you were. set for life." -- Wife of a Bethlehem Steel worker I've been writing for The Motley Fool for a long time, but that line -- quoted in one of my very first columns , way back in 2005 -- still haunts me. As I continued in the article: Bethlehem Steel went bankrupt, and retirees who thought they were "set for life" found themselves out in the cold instead.

Pension Funds 246

Pension Funds Funds Stock Market Stock Market 246

A Wealth of Common Sense

OCTOBER 6, 2024

The world has never been better but it feels like things are getting worse. We see so much more bad stuff than previous generations because of our access to a limitless amount of information. Don’t get me wrong — we have a lot of problems and always will. But things are much better than the headlines would have you believe.

121

121

The Motley Fool

OCTOBER 6, 2024

Conventional wisdom is that Nvidia (NASDAQ: NVDA) will continue to dominate the artificial intelligence (AI) chip market, as it has since the introduction of ChatGPT. Yet, there's a barrage of competition coming not only from merchant competitors and cloud giants producing their own in-house accelerators but also from AI chip start-ups. One such start-up, Cerebras, just filed a prospectus ahead of an impending initial public offering (IPO).

Companies 246

Companies Initial Public Offering Shareholders Accounting 246

Million Dollar Round Table (MDRT)

OCTOBER 6, 2024

By Antoinette Tuscano, MDRT senior content specialist Putting clients first and being knowledgeable is a given for MDRT members. Yet, it can take more than that for financial advisors to achieve their loftiest goals. It’s often about a set of beliefs and consistent action powered by processes that gives goals momentum. In these MDRT meeting presentations popular on YouTube, watch what made a difference for MDRT members from around the world and start reaching your highest goals.

91

91

The Motley Fool

OCTOBER 6, 2024

America's space industry was supposed to undergo a big change in 2023. As multiple news outlets reported at the time, the United Launch Alliance (ULA) joint venture between Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) was up for sale, with a deal likely to happen before the end of the year. It didn't happen. No matter, said the pundits. As 2023 flipped over to 2024, ULA was still for sale.

Bidding 246

Bidding Returns Companies Investors 246

Financial Times: Moral Money

OCTOBER 6, 2024

Former US secretary of state and climate envoy becomes co-executive chair of Galvanize Climate Solutions

Investing 84

Investing Funds 84

The Motley Fool

OCTOBER 6, 2024

If you're thinking of relocating for retirement , consider South Carolina. It was recently ranked the fourth-best state to retire in by the folks at Bankrate. Beneath that top number is a mix of results. It was 33rd-best and 31st-best, respectively, in the quality and cost of healthcare and in crime, but ninth-best for weather and 17th-best for affordability.

Taxes 246

Taxes Accounting 246

The Motley Fool

OCTOBER 6, 2024

Here's a clue to help you consider whether you want to relocate in retirement to Rhode Island: Its state nickname is the Ocean State. Nestled in New England, it's one of the original 13 colonies and home to the historic towns of Providence and Newport. By some measures, Rhode Island falls short of ideal, ranked the 30th-best state for retirement by Bankrate.

Taxes 246

Taxes Accounting 246

Financial Times M&A

OCTOBER 6, 2024

Owner of 7-Eleven brand considers disposing of supermarket chain and selling stake in Seven Bank

Assets 69

Assets Stakes Banks 69

The Motley Fool

OCTOBER 6, 2024

Over the past few years, there's been a resurgence in the popularity of stock splits. The practice was commonplace in decades past, but had fallen out of favor, only to rebound in recent years. Companies will typically embark on this course after years of strong business and financial results, resulting in a surging stock price. Evidence suggests that the strong performances that precipitated stock splits tend to continue.

Banks 246

Banks Shareholders Investors Companies 246

Africa Capital Digest

OCTOBER 6, 2024

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Norfund loan to support construction of recycling facility first appeared on Africa Capital Digest.

Capital 52

Capital Debt 52

The Motley Fool

OCTOBER 6, 2024

Home Depot (NYSE: HD) has struggled in recent years with a sluggish housing market. Sales and profits are down following a boom during the pandemic, and there's not much management can do to correct that. However, the stock has begun to return toward its previous heights on bets that falling interest rates will drive a rebound in the housing market benefiting the retailer, and one Wall Street analyst just upgraded the stock on that trend.

Returns 246

Returns Portfolios Investors Investing 246

Africa Capital Digest

OCTOBER 6, 2024

To read this article, you must be a paid subscription member. (Current members login here) [.] The post IFC commitment helps Equator fund reach final close first appeared on Africa Capital Digest.

Funds 52

Funds Capital Venture Capital 52

The Motley Fool

OCTOBER 6, 2024

Palantir Technologies (NYSE: PLTR) and Nvidia (NASDAQ: NVDA) are two of the hottest artificial intelligence (AI) stocks on Wall Street. In fact, with year-to-date returns of 132% and 150%, respectively, they rank among the five best-performing components of the S&P 500. However, Wall Street expects the stocks to move in opposite directions over the next year.

Consulting 246

Consulting Consultants Accounting Shareholders 246

Africa Capital Digest

OCTOBER 6, 2024

To read this article, you must be a paid subscription member. (Current members login here) [.] The post AFC and Arise set up $100mln capital pool for entrepreneurs first appeared on Africa Capital Digest.

Capital 52

Capital Debt 52

The Motley Fool

OCTOBER 6, 2024

Investors looking for a quick and easy way to invest in the biggest and fastest-growing technology stocks in the world have flocked to the Invesco QQQ Trust ETF (NASDAQ: QQQ). The ETF tracks the Nasdaq-100 index , which consists of the largest non-financial companies listed on the Nasdaq stock exchange. The Nasdaq is historically the exchange of choice for tech companies, so it should be no surprise that the majority of the index consists of technology stocks.

Stock Exchanges 246

Stock Exchanges Assets Funds Stakes 246

Africa Capital Digest

OCTOBER 6, 2024

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Investors join forces to launch South African seed fund of funds first appeared on Africa Capital Digest.

Funds 52

Funds Investors Capital Venture Capital 52

The Motley Fool

OCTOBER 6, 2024

Realty Income (NYSE: O) has long been an income-focused investor favorite given its monthly dividend payout that rises quite regularly. However, the stock's price performance has been a bit of a dud over the past five years, falling more than 15% over that stretch. More recently, though, Realty Income stock started to regain some momentum, and it is up more than 25% over the past year.

Stakes 246

Stakes Portfolios Taxes Funds 246

Africa Capital Digest

OCTOBER 6, 2024

To read this article, you must be a paid subscription member. (Current members login here) [.] The post African Development Bank buys stake in credit guarantee company first appeared on Africa Capital Digest.

Stakes 52

Stakes Banks Companies Capital 52

The Motley Fool

OCTOBER 6, 2024

Artificial intelligence (AI) stocks are having their moment in the spotlight. For nearly two years, consumers, businesses, and investors have been betting big on the ability of AI to tackle all sorts of tasks due to the large language model breakthroughs from companies such as OpenAI and Alphabet. One stock on the cutting edge of this industry is SoundHound AI (NASDAQ: SOUN).

Shareholders 246

Shareholders Returns Investors Companies 246

Africa Capital Digest

OCTOBER 6, 2024

To read this article, you must be a paid subscription member. (Current members login here) [.] The post EG Capital’s maiden fund zeroes in on first close first appeared on Africa Capital Digest.

Funds 40

Funds Capital Debt 40

The Motley Fool

OCTOBER 6, 2024

At first glance, the drop in Realty Income (NYSE: O) may not seem profound. A 25% drop places it barely in bear market territory, and in a world where many prominent stocks are still down 75% or more since the 2021 bear market, such a drop seems less meaningful. However, investors need to remember that it is down 25% since before the pandemic! Although it is up significantly from its 2020 lows, high interest rates seem to have derailed a potential recovery.

Shareholders 246

Shareholders Taxes Portfolios Returns 246

KKR

OCTOBER 6, 2024

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.

Consulting 40

Consulting Consultants Companies Investing 40

The Motley Fool

OCTOBER 6, 2024

OpenAI was founded in 2015 by a team of researchers and entrepreneurs which included Sam Altman, Peter Thiel, and Tesla Chief Executive Offficer Elon Musk. It was established as a not-for-profit research organization with a mission to develop artificial intelligence (AI) technology that benefits all of humanity. OpenAI planned to raise $1 billion through donations to achieve its research and development goals.

Startups 246

Startups Initial Public Offering Investing Stakes 246

KKR

OCTOBER 6, 2024

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.

Portfolios 40

Portfolios Investment Firms Investing 40

The Motley Fool

OCTOBER 6, 2024

There's a reason Social Security benefits are eligible for an automatic cost-of-living adjustment (COLA) each year. Many seniors get the bulk of their income from Social Security. Without COLAs, people in that boat would be guaranteed to lose buying power over time due to inflation. If you've been searching all over the internet trying to get information about next year's Social Security COLA, the good news is that your wait can come to an end this week.

Education 246

Education Financing Finance 246

KKR

OCTOBER 6, 2024

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.

Capital 40

Capital Investment Firms Companies Investing 40

The Motley Fool

OCTOBER 6, 2024

Nike (NYSE: NKE) shares sank after the athletic apparel and footwear company reported disappointing sales and pulled its guidance for the year. The stock is now down more than 20% year to date. The company also delayed its upcoming investor day as its new CEO is gearing up to take over later this month and lay out his plan for helping turn around the company.

Returns 246

Returns Companies Investors Portfolios 246

KKR

OCTOBER 6, 2024

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”).

Banks 40

Banks Shareholders Accounting Funds 40

The Motley Fool

OCTOBER 6, 2024

Broadcom (NASDAQ: AVGO) has risen to near the top of the pyramid when it comes stocks that are considered strong artificial intelligence (AI) investments. While it isn't quite to the level of Nvidia , it's likely just a tier or two below it. Broadcom is an enormous company, currently worth around $780 billion. That means it's a stone's throw away from achieving the illustrious $1 trillion market capitalization, as it only needs to rise just shy of 30% to achieve this impressive feat.

Capital 246

Capital Returns Investors Portfolios 246

KKR

OCTOBER 6, 2024

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.

Financial Services 40

Financial Services Investors 40

The Motley Fool

OCTOBER 6, 2024

Investing in companies that have paid dividends for decades is the best starting point to look for safe passive income. These are companies that have been tested against multiple economic cycles but have continued to deliver returns to shareholders. Here are two dividend stocks that could pay you extra cash for the rest of your life. 1. Coca-Cola Coca-Cola (NYSE: KO) is one of the safest stocks to buy if you're looking for a balance of high yield and growth.

Shareholders 246

Shareholders Financing Finance Returns 246

KKR

OCTOBER 6, 2024

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

Assets Portfolios 40

The Motley Fool

OCTOBER 6, 2024

Some questions about Social Security are easy. What is it? Why does it exist? How do you sign up? The answers to those questions are straightforward. However, there's one key question about Social Security that's more challenging: When should you claim Social Security retirement benefits? Researchers have conducted studies over the years to try to answer this question.

Banks 246

Banks Returns Investing 246

KKR

OCTOBER 6, 2024

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.

Companies 40

Companies 40

The Motley Fool

OCTOBER 6, 2024

Lately, all eyes have been on the 2025 Social Security cost-of-living adjustment (COLA) and the effect it will have on benefits next year. Checks will go up beginning in January, though we won't know by how much until the COLA announcement on Oct. 10. The increase will give retirees a little relief in the near term. But for those who expect to claim benefits for another decade or more, larger checks could be cause for concern, especially in light of new data on Social Security's future.

Taxes 246

Taxes Funds Investing 246

KKR

OCTOBER 6, 2024

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

Funds Investment Firms Investing 40