Sat.Nov 02, 2024

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Is It Better to Collect Social Security at 62, 66, or 70? A Comprehensive Study of Retired-Worker Claims Provides a Clear Answer.

The Motley Fool

In September, more than 68 million Americans took home a Social Security benefit, including almost 51.5 million retired workers. Even though the average retired-worker check is a modest $1,921.56, this income has proven vital to the financial well-being of retirees. Based on an analysis from the Center on Budget and Policy Priorities, the poverty rate for adults age 65 and over was 10.2% in 2022.

Taxes 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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3 Hypergrowth Stocks That Could Make You a Ton of Money

The Motley Fool

Any investor can find monster winners in the stock market. The important thing to remember is that Wall Street can be slow to award excellent growth stocks the valuation they deserve. But if you persistently buy shares of high-growth businesses, you are almost certain to stay ahead of the game over the long run. To give you a jump-start on your search, three Motley Fool contributors are here to discuss three growth stocks that are poised to deliver outstanding returns to investors.

Bidding 246
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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
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Best Stock to Buy Right Now: Home Depot vs. Lowe's

The Motley Fool

There's no question about it. Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) dominate the home improvement retail sector. Together, they have an estimated 45% market share in the industry. As you can see from the chart below, both stocks have performed well over the last 10 years, though Lowe's has slightly outperformed Home Depot. HD data by YCharts If you're looking to invest in the sector, you're likely choosing between these two stocks.

Returns 246
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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.

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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).

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Prediction: The Fourth Quarter Will Be Huge for Nvidia

The Motley Fool

The past several quarters already have been pretty successful for Nvidia (NASDAQ: NVDA). The company has built an artificial intelligence (AI) empire thanks to its strengths in the technology customers need to fuel AI projects. Nvidia's AI chips, or graphics processing units (GPUs), are the fastest around, and customers are flocking to the company for them -- even if they have to wait due to demand outstripping supply.

Returns 246
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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
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1 Little-Known Social Security Rule Could Boost Your Monthly Check Up to 26.7%, Even if You're Already Collecting Benefits

The Motley Fool

You might not realize it, but your Social Security check isn't set in stone once you claim benefits. On top of the annual COLA , which increases monthly benefits to keep up with inflation, there are several factors that could result in a boost to your income. Examples include switching to spousal or survivor benefits, or no longer falling subject to the retirement earnings test.

Financing 246
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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.

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9 High-Yield Dividend ETFs to Buy to Generate Passive Income

The Motley Fool

Passive income -- what's not to like? It's money that comes to you without your having to actively work for it. There are many kinds of passive income , such as income from rental properties and interest from bonds. A particularly powerful kind of passive income is that from dividend-paying stocks , because they offer the chance of stock-price appreciation, dividend income, and dividend growth.

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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
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2 Top Dividend Stocks I Plan to Buy Even More of In November

The Motley Fool

I love buying dividend stocks. I like to collect the passive income they produce. On top of that, dividend stocks have historically delivered much higher total returns than companies that don't pay dividends. Because of that, they're a no-brainer investment for me. I like to routinely add to my favorite dividend stocks each month. Two that top my buy list for November are Chevron (NYSE: CVX) and Vici Properties (NYSE: VICI).

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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
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Should You Buy Freeport McMoRan While It's Below $50?

The Motley Fool

After being above $50 recently, copper, gold, and molybdenum miner Freeport McMoRan's (NYSE: FCX) stock has dipped to about $46.60 at the time of writing. Frankly, this looks like a good buying opportunity in a stock with plenty of long-term potential upside. Here are four reasons why. Valuation remains attractive Read no further if you aren't bullish or at least agnostic about the outlook for the price of copper -- Freeport's most important metal that it mines.

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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.

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Should You Buy AGNC Investment (and Its 14% Yield) While It's Below $10?

The Motley Fool

Shares of AGNC Investment (NASDAQ: AGNC) have risen nearly 40% over the past year. But when you add the mortgage real estate investment trust's (REIT's) huge 14.5% dividend yield to the mix, its total return (which assumes dividend reinvestment) was an even more impressive 60% or so.That's a huge total return and easily beats the 42% total return of the S&P 500 index.

Investing 245
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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.

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Here's Why Energy Transfer Stock Is a Buy Before Nov. 6

The Motley Fool

It's important to take the long-term view when investing. You should think in terms of years and decades, not months and days. However, it's also wise to keep an eye on the calendar before investing to get ahead of a potential catalyst. Those interested in buying midstream giant Energy Transfer (NYSE: ET) should circle Nov. 6 on their calendar. It's an important date for the master limited partnership (MLP) because it precedes the company's next earnings report and distribution payment.

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KKR Acquires Portfolio of Four Industrial Warehouses Serving the Central Florida Market

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of four Class A industrial warehouses serving the greater Central Florida market, including Orlando and Tampa. This press release features multimedia. View the full release here: [link] Business Wire) The four industrial.

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Forget Paper Checks: Here's Why It's Time to Use Other Payment Methods

The Motley Fool

Image source: Getty Images Ever stand in line at the grocery store behind someone paying with a paper check? It can be a frustrating experience -- especially since it seems like many people who still use them don't bother to carry a pen and must take a chance on the store cashier having one that works. In these moments, I often wonder why people don't apply for a top-rated rewards credit card instead.

Banks 245
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KKR Invests in Enilive to Accelerate Sustainable Mobility and the Energy Transition

KKR

LONDON & MILAN--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of an agreement under which KKR will acquire a 25% stake in Enilive, Eni’s mobility transformation company dedicated to biorefining, biomethane production, smart mobility solutions, and providing services to support people on the move. Closing of the transaction is subject to customary.

Stakes 40
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Should You Buy SoundHound AI Stock Before Nov. 12?

The Motley Fool

SoundHound AI (NASDAQ: SOUN) has been one of the hottest stocks on the market in 2024, clocking outstanding gains of nearly 140% as of this writing. But shares of the voice artificial intelligence (AI) solutions provider have witnessed a lot of volatility along the way. The stock rocketed higher in the first three months of the year, driven by news that semiconductor giant Nvidia had made a small investment in the company.

Companies 245
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KKR & Co. Inc. Reports Third Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its third 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 results.

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Is Nvidia a Buy?

The Motley Fool

Nvidia (NASDAQ: NVDA) has been the quintessential artificial intelligence (AI) stock for the past two years. The company's dominance in the market for the chips that power the data centers used for AI has launched it to unprecedented growth. The stock has appreciated more than 850% since the beginning of last year and continues marching higher, with its third-quarter earnings report right around the corner.

Returns 244
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CVC joins KKR in the acquisition of Superstruct Entertainment

KKR

London, October 28, 2024 – KKR and CVC, two leading global investment firms, today announce that CVC has invested alongside KKR to support Superstruct Entertainment (“Superstruct”) in its next phase of development as one of the world’s premier live entertainment groups.

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My Family Downsized to One Car 5 Years Ago. Here's How Much We've Saved

The Motley Fool

Image source: Getty Images More than five years ago, my family of four downsized from two cars to just one. I initially expected us to have a single vehicle for about a year, but it turned into a much longer experiment that has saved us thousands of dollars in car payments, insurance, and maintenance. Here's how much we've saved compared to the average cost of buying a new car or keeping my old one -- and how you can save on vehicle expenses without getting rid of your car.

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KKR and Energy Capital Partners Announce $50 Billion Strategic Partnership to Support AI Growth Through Investments in Data Centers and Power Generation

KKR

Strategic partnership with available capital and scale ready to meet the urgent need to fund data center, power, and grid infrastructure in the U.S. and globally Scaling of AI and cloud infrastructure in the U.S. expected to cost at least $1 trillion by 2030 NEW YORK & SUMMIT, N.J.--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Energy Capital Partners (“ECP”), the largest.

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3 Little-Known Perks of Having a Credit Score of 800 or Higher

The Motley Fool

Image source: The Motley Fool/Unsplash Your credit score is a number you may not think about until it's time to apply for a new loan or credit card. But you should know that once your score reaches 800, your options for borrowing are likely to increase. Experian, one of the three big consumer credit reporting bureaus, calls a credit score of 800 or above exceptional.

Debt 244
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Birch Creek Closes $150m Credit Facility with KKR

KKR

ST. LOUIS, Oct. 31, 2024 /PRNewswire/ -- Birch Creek Energy, LLC ("Birch Creek"), a utility scale solar and storage developer and independent power producer, and KKR, a leading global investment firm, today announced that Birch Creek has closed on a $150 million credit facility within KKR's High-Grade Asset-Based Finance (ABF) strategy via insurance accounts managed by KKR.

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Should You Ignore Chevron and Buy This Magnificent High-Yield Energy Stock Instead?

The Motley Fool

Chevron (NYSE: CVX) is a very well-run energy company. And it offers an attractive 4.3% dividend yield backed by 37 years worth of annual dividend increases. If you are looking for a diversified energy stock with a high yield, it would make a great addition to your portfolio. But if you care more about yield than about diversification, you might be better off with Enterprise Products Partners (NYSE: EPD).

Returns 243
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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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Up 264%, Is MicroStrategy On Track to Become the First $1 Trillion Crypto Stock?

The Motley Fool

Right now, there are only a handful of companies with a market cap exceeding $1 trillion. With the exception of Warren Buffett's Berkshire Hathaway , all of them are high-growth tech stocks. So the natural assumption is that the next great $1 trillion company will be yet another tech company. But what if the next $1 trillion company is a crypto company instead?