Mon.Dec 04, 2023

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3 Reasons to Cancel Your Costco Membership in 2024

The Motley Fool

Image source: Getty Images If you're a member of Costco , you're in good company. As of September 2023, the warehouse club giant had an impressive 127.9 million cardholders and 71 million member households. You may be well aware that a Costco membership has the potential to result in a lot of money for your savings account. But if these things apply to you, you may not want to keep your Costco membership in the new year. 1.

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Beach Point invests in growth of lighting products maker Eurofase

PE Hub

Eurofase is a Toronto-based manufacturer of premium lighting and heating products in North America. The post Beach Point invests in growth of lighting products maker Eurofase appeared first on PE Hub.

Investing 229
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Disney CEO Bob Iger Is Leaving, and the Battle for Control Is Heating Up

The Motley Fool

In this video, I will be talking about Walt Disney (NYSE: DIS) , the return of the dividend, the battle between activist investor Nelson Peltz and Disney CEO Bob Iger, who will be leaving the company in 2026, and what investors can expect from Disney in 2024. *Stock prices used were from the trading day of Dec. 1, 2023. The video was published on Dec. 4, 2023. 10 stocks we like better than Walt Disney When our analyst team has a stock tip, it can pay to listen.

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Francisco Partners backs merger of sheet music publisher Hal Leonard and music apps creator Muse Group

PE Hub

Hal Leonard’s licensed arrangements include scores from Taylor Swift and The Beatles to John Williams and Disney soundtracks. The post Francisco Partners backs merger of sheet music publisher Hal Leonard and music apps creator Muse Group appeared first on PE Hub.

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Could Nio Stock Help You Retire a Millionaire?

The Motley Fool

Nio (NYSE: NIO) became one of the market's hottest electric vehicle (EV) stocks during the apex of the growth and meme stock rally. The Chinese EV maker, which went public at $6.26 per American depositary share (ADS) on Sept. 12, 2018, saw its shares soar to an all-time high of $62.84 on Feb. 9, 2021. But today, its stock trades at about $7. Therefore, a $1,000 investment in Nio would have blossomed to over $10,000 before withering back to about $1,100.

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Resurgens Technology Partners buys health tech firm Valant Medical

PE Hub

Valant Medical was backed by Gemspring Capital. The post Resurgens Technology Partners buys health tech firm Valant Medical appeared first on PE Hub.

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New Mountain-backed PerkinElmer snaps up manufacturer Covaris

PE Hub

Covaris is also backed by New Mountain. The post New Mountain-backed PerkinElmer snaps up manufacturer Covaris appeared first on PE Hub.

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Social Security: Here's Exactly How Much Your Benefits Will Go Up in 2024

The Motley Fool

Social Security is a major source of income for millions of older adults, and many people rely on their benefits heavily in retirement. In fact, around 1 in 5 adults age 50 and older have no other source of retirement income outside of Social Security, according to a 2023 report from the Nationwide Retirement Institute. Next year will bring good news for retirees, as benefits will be going up beginning in January 2024.

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Thurston Group-backed ARC Health acquires mental health practice Advanced Psychiatric Group

PE Hub

Based in Ohio, ARC Health is a group of mental healthcare practices. The post Thurston Group-backed ARC Health acquires mental health practice Advanced Psychiatric Group appeared first on PE Hub.

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Why Beyond Meat Stock Jumped 22% in November

The Motley Fool

Shares of Beyond Meat (NASDAQ: BYND) were sizzling in November as the stock heated up after a long slump. Investors were encouraged by news of layoffs and further cost cuts in its third-quarter earnings report, and the stock also benefited from the broader market gains, as interest rates appears to have peaked and inflation is slowing. Though the business is still struggling, shares had fallen far enough earlier that the stock was able to recover by 22% in November, according to data from S&

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Ares Management buys renewable natural gas provider Burnham RNG

PE Hub

The seller is Edge Natural Resources. The post Ares Management buys renewable natural gas provider Burnham RNG appeared first on PE Hub.

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5 Best Gifts for the Foodies on Sale at Costco Right Now

The Motley Fool

Image source: Getty Images Foodies are notorious for having picky palates, so you may be intimidated when it comes to gifting. While Costco isn't necessarily what comes to mind when you think "gourmet," the warehouse brand actually has a variety of products that could fit the bill for a discerning giftee. Here are a few potential gifts on sale right now. 1.

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Macquarie seeks energy TIC service providers for Camin Cargo Control

PE Hub

Private equity firms, including Macquarie and KKR, are increasingly investing in TIC service providers. The post Macquarie seeks energy TIC service providers for Camin Cargo Control appeared first on PE Hub.

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My Friend Made $3,000 in 30 Days by Reselling Clothes Online. Here's How

The Motley Fool

Image source: Getty Images Best. Month. Ever. That's what my housemate, a professional reseller, told me after checking her eBay and Poshmark sales. Combined, she earned over $3,000 in profits in November. It's her best 30 days of sales, period. Here's how she made $3,000 in 30 days: She crosslisted to eBay and Poshmark. She created new listings consistently.

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O2-backed BerlinRosen invests in marketing firm Message Lab

PE Hub

BerlinRosen is a communications firm. The post O2-backed BerlinRosen invests in marketing firm Message Lab appeared first on PE Hub.

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1 Warren Buffett Stock to Buy and Hold Forever

The Motley Fool

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett is a truly remarkable business picker. To illustrate the point, a mere $100 invested in Berkshire Hathaway stock 43 years ago would now be worth a staggering $187,000. However, even Buffett is not immune to the forces of "creative destruction" that shape the American economy. To wit, most of Buffett's extraordinary returns over the years have come from a small handful of exceptional performers such as Apple , American Express , an

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Kelso-backed Novvia Group acquires Ocean State Packaging

PE Hub

Novvia Group is a provider of packaging solutions. The post Kelso-backed Novvia Group acquires Ocean State Packaging appeared first on PE Hub.

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3 Dividend-Paying Tech Stocks to Buy in December

The Motley Fool

Dividend investors tend not to think about tech stocks when seeking income. Many emerging tech plays forgo dividend payments to invest in growth. Also, even when they pay dividends, they tend to have dividend yields below the S&P 500 average of 1.5%. Nonetheless, some long-time tech companies have matured and followed the lead of their non-tech counterparts by offering a payout.

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Capitol Meridian Partners backs software firm Clarity Innovations

PE Hub

Clarity’s founders and management team will continue to lead the firm and remain significant shareholders. The post Capitol Meridian Partners backs software firm Clarity Innovations appeared first on PE Hub.

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Is It Too Late to Buy UiPath Stock?

The Motley Fool

UiPath 's (NYSE: PATH) stock surged 13% during after-hours trading on Nov. 30 after the automation software provider posted its latest earnings report. For the third quarter of fiscal 2024, which ended on Oct. 31, its revenue rose 24% year over year to $326 million and topped analysts' expectations by $10 million. Its adjusted net income jumped 159% to $69 million, or $0.12 per share, and beat the consensus forecast by a nickel.

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CDPQ acquires stake in audiovisual solutions provider Solotech

PE Hub

Since 2013, Solotech has been held by a group of Quebec-based shareholders: Claridge, Investissement Québec and Desjardins Capital. CDPQ now joins that group. The post CDPQ acquires stake in audiovisual solutions provider Solotech appeared first on PE Hub.

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3 Ways to Lower Your Grocery Bills in 2024

The Motley Fool

Image source: Getty Images There are certain household expenses that are pretty much unavoidable. We all have to pay for shelter, whether in the form of a rent check or mortgage payment, and we all have to put food on the table. As of October, the cost of groceries was still up 2.1% on an annual basis, according to that month's Consumer Price Index.

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Sysco scoops up foodservice equipment provider Edward Don & Co from Vestar

PE Hub

Based in Houston, Sysco is a wholesale restaurant food distributor. The post Sysco scoops up foodservice equipment provider Edward Don & Co from Vestar appeared first on PE Hub.

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Bitcoin Is Soaring, and These 2 Crypto Stocks Look Red-Hot

The Motley Fool

November was an amazing month for the stock market, which managed to claw back its losses from the previous couple of months. Yet the strong performance on Wall Street might have kept many mainstream investors from noticing what was happening in the cryptocurrency markets, where Bitcoin (CRYPTO: BTC) and many other digital assets posted sharp gains as well.

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Thoma Bravo exits cybersecurity firm Imperva

PE Hub

The deal puts Imperva at a valuation of about $3.6 billion. The post Thoma Bravo exits cybersecurity firm Imperva appeared first on PE Hub.

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2 Stocks Down 30% to 81% to Buy Right Now

The Motley Fool

Stocks have surged in November on signs that the Federal Reserve could be done raising interest rates, and mostly solid results in earnings season. Following that, the S&P 500 looks set to cap off 2023 with above-average gains for the year. However, there are still a number of stocks trading at steep discounts following the bear market in 2022. Keep reading to see two that look like great buys right now, according to these Motley Fool contributors.

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TZP Group makes investments to form dance brands holding company DanceOne

PE Hub

In addition to the transaction, TZP Partner Dan Galpern and Principal Zack Vertsman, will join the board of directors. The post TZP Group makes investments to form dance brands holding company DanceOne appeared first on PE Hub.

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Should You Rush to Buy Amazon Stock Before the End of the Year?

The Motley Fool

Saying that Amazon (NASDAQ: AMZN) has won back investors would be a bit of an understatement. Its shares have rocketed 73% higher through the first 11 months of 2023, which is an optimistic breath of fresh air following last year's huge decline. As 2023 nears its close, those who have missed Amazon's rally might be eyeing the business as a worthy opportunity right now.

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Garnett Station Partners recruits Battier as senior advisor

PE Hub

In this role, Battier will work with Garnett Station’s portfolio companies to optimize organizational design and integrate data-based decision making to improve operations. The post Garnett Station Partners recruits Battier as senior advisor appeared first on PE Hub.

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Why Carnival Stock Jumped 31% in November

The Motley Fool

Carnival Stock (NYSE: CCL) (NYSE: CUK) gained 31% in November, according to data from S&P Global Market Intelligence. It's benefiting from investor confidence as the Federal Reserve has made positive comments about its handling of interest rates and its pause in increases. The cruise industry is back in business Carnival became a meme-stock star when the travel industry dissolved almost overnight amid a global pandemic.

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Partners Group got ahead of growing software sale pipeline with Civica exit

PE Hub

Blackstone agreed to buy Civica, a cloud software service provider, from Partners Group for around $2.5bn in late November. The post Partners Group got ahead of growing software sale pipeline with Civica exit appeared first on PE Hub.

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Should I Buy a House at the End of the Year?

The Motley Fool

Image source: Getty Images There are all kinds of pieces of accepted wisdom about homeownership that turn out to be more complicated in real life. For example, people say you can get a better deal if you buy a house at the end of the year. The thinking is that prices will be lower because of potential tax advantages, less competition, and sellers who really want to get the deal done.

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GTCR taps Sullivan as HR chief officer

PE Hub

In this role, Sullivan will lead the firm's talent strategy, and oversee all of GTCR's human resources functions. The post GTCR taps Sullivan as HR chief officer appeared first on PE Hub.

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1 Monster Dividend Stock Growth Investors Should Load Up On Right Now

The Motley Fool

Dividend stocks have a well-earned reputation for outperformance. Modern portfolio theory (MPT), however, indicates that growth investors should strictly adhere to a couple of critical guidelines when picking dividend stocks for their portfolios. Among the most important guideposts recommended by the peer-reviewed MPT literature are selecting stocks with dividends lower than the average of the benchmark S&P 500 index; selecting stocks with premium valuations and a track record of positive an

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