Fri.Dec 20, 2024

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Carnival Corp. (CCL) Q4 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Carnival Corp. (NYSE: CCL) Q4 2024 Earnings Call Dec 20, 2024 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings, and welcome to the Carnival Corporation & plc fourth quarter 2024 earnings conference call. [Operator instructions] As a reminder, this conference is being recorded.

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Are M&A Deal Parties Turning Away from Reps & Warranties Insurance? 

Private Equity Professional

RWI usage is declining [1] for deals closed in 2024, including among Private Equity buyers. [2] When an M&A deal requires more carveouts for things like survival periods and caps and special escrows to cover RWI policy exclusions and limitations, deal makers are reevaluating the structure and cost of indemnification. Additionally, RWI may not provide a safety net expected by the sellers.

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Why IonQ Rallied This Week

The Motley Fool

Shares of IonQ, Inc. (NYSE: IONQ) rallied 11.6% this week through Thursday trading, according to data from S&P Global Market Intelligence. The quantum computing leader didn't report any news this week. However, the massive rally in quantum computing stocks we've seen over the few past months continued as several Wall Street sell-side analysts weighed in positively on the technology and IonQ specifically.

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Apollo projects private credit market to hit $40tn by 2030

Private Equity Wire

Apollo Global Management has projected significant growth in the private credit market, with asset-based finance driving a doubling in size from $20tn to $40tn within the next five years, according to a report by Bloomberg. The report quotes Akila Grewal, Apollos Global Head of Credit Product, as saying during Bloomberg Intelligences latest Credit Edge podcast, that: Were going to get there really soon, noting that Apollo’s expansive definition of private credit includes asset-based financ

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Italy’s XGEN eyes European life science success with new €180m fund

AltAssets

Italy-based XGEN Venture has hit a 180m final close for its XGEN Venture Life Sciences Fund. The post Italy’s XGEN eyes European life science success with new 180m fund appeared first on AltAssets Private Equity News.

Funds 98
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Blackstone, Carlyle, and Hellman & Friedman set for potential Medline IPO windfall

Private Equity Wire

Medline Industries, a medical supplies giant backed by PE firm Blackstone, Carlyle, and Hellman & Friedman, has confidentially filed for a US IPO, setting the stage for a 2025 listing that could value the company as high as $50bn, according to report by Reuters. If successful, the IPO would be one of the most significant private equity-backed listings of the decade.

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Deal Roundup: Inflexion invest in Mecenat, Lonsdale backs pair of healthcare businesses

AltAssets

Inflexion has invested in Mecenat Group, a Swedish user group consumer loyalty platform. The post Deal Roundup: Inflexion invest in Mecenat, Lonsdale backs pair of healthcare businesses appeared first on AltAssets Private Equity News.

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Binance Futures Launches CGPT/USDT Perpetual Contracts

FinSMEs

Dubai, United Arab Emirates, 20th December 2024, Chainwire The post Binance Futures Launches CGPT/USDT Perpetual Contracts appeared first on FinSMEs.

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IK Partners and Inflexion sign Mecenat deal

Private Equity Wire

IK Partners Small Cap II Fund has reached an agreement to sell its stake in Mecenat Group, a leading marketing and brand awareness platform, to Inflexion. The financial details of the deal remain undisclosed. Mecenat, founded in 1998 and headquartered in Gothenburg, Sweden, operates a digital platform in Sweden and Finland, connecting nearly three million members with over 700 brands across various sectors, including technology, fashion, travel, and entertainment.

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Why Shares of WK Kellogg Stock Plummeted This Week

The Motley Fool

Shares of cereal behemoth WK Kellogg (NYSE: KLG) were down 14% this week as of 10:30 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence. While there doesn't appear to be any direct news linked to Kellogg this week, a couple of news items from its peers could be sending its stock lower. Where to invest $1,000 right now?

Returns 100
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Brookfield among PE firms weighing exit potential before acquisitions

Private Equity Wire

Brookfield is one of a number of private equity funds adopting a cautious approach to European deals, despite having ample cash, choosing to focusing on exit strategies before committing to new acquisitions, according to a report by Reuters. European private equity-backed transactions are becoming more selective, with auction processes slowing and drawing fewer bidders.

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Japan’s Nippon makes last-ditch appeal to clinch $15bn US Steel deal

Financial Times M&A

Washington will soon rule on tie-up that will have sweeping implications for Americas rustbelt

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Abacus Unlocks SBA Partnership with SBIC Fund Debut

Private Equity Professional

Abacus Finance Group has received a Small Business Investment Company (SBIC) license and has closed its inaugural SBIC fund, Abacus Finance SBIC Fund I LP (Fund I). The Small Business Investment Company (SBIC) program was created by the U.S. Small Business Administration (SBA) in 1958 to help small businesses access capital by partnering private investment firms with government-backed capital.

Funds 100
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Shell’s efforts to sell stake in Rosneft co-owned refinery suffers fresh setback

Financial Times M&A

Anglo-Dutch groups latest plan to offload its interest in an important German oil refinery collapses

Stakes 77
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Star Mountain names ex Guggenheim director as senior advisor

Private Equity Wire

Specialised asset management firm Star Mountain Capital has appointed C Shawn Bookin, the former Managing Director at Guggenheim Partners, as a Senior Advisor, according to a report by Alternative Credit Investor. Bookin retired from global investment and advisory financial services firm Guggenheim after a ten-year tenure, where he played a key role in its corporate credit group.

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Barings, Kline Hill lead continuation fund for Guardian Capital Partners’ Havis

AltAssets

Guardian Capital Partners has closed an oversubscribed single-asset continuation fund to extend its partnership with Havis. The post Barings, Kline Hill lead continuation fund for Guardian Capital Partners’ Havis appeared first on AltAssets Private Equity News.

Capital 96
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bolttech Raises Series C Funding

FinSMEs

bolttech, a Singapore-based global insurtech providing a tech-ecosystem for protection and insurance, raised an undisclosed amount in Series C up funding. The round was led by Dragon Fund, by Liquidity and MUFG, with participation from Baillie Gifford, Generali through Lion River, the Groups companydedicated to Private Equity, and others. Ridhi Chaudhary, CIO of Dragon […] The post bolttech Raises Series C Funding appeared first on FinSMEs.

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Frontier Asset Management Selects SEI to Launch Active ETFs

SEI

Advisors' Inner Circle Fund Trust Powers Growth for Asset Managers

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Gud Tech, Zircuit’s First AI Fair Launch, Surpasses $9M in Staking Value

FinSMEs

George Town, Grand Cayman, 20th December 2024, Chainwire The post Gud Tech, Zircuits First AI Fair Launch, Surpasses $9M in Staking Value appeared first on FinSMEs.

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EU rule change highlights difficulty of defining ‘green’

Financial Times: Moral Money

Regulator changes tack after pushback on fund naming rules

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O.XYZ Launches OSOL100 AI Index – The S&P 100 of Solana’s AI Ecosystem

FinSMEs

Lahore, Pakistan, 20th December 2024, Chainwire The post O.XYZ Launches OSOL100 AI Index The S&P 100 of Solanas AI Ecosystem appeared first on FinSMEs.

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The Best Dividend Paying Utility Stocks to Invest $2,000 in Right Now

The Motley Fool

Utilities are generally considered safe income investment vehicles. Back in the day, they used to be called widow-and-orphan stocks on Wall Street. That said, there are very different ways you can invest for dividends in the utility sector and some of these stocks now have broader appeal than just the widows and orphans. Three of the best utility stock options today are Black Hills (NYSE: BKH) , NextEra Energy (NYSE: NEE) , and Dominion Energy (NYSE: D) , but each one is attractive for a very (v

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FBS Analysts Unveil Key Crypto Trends in 2024 and Market Predictions for 2025

FinSMEs

Singapore, Singapore, 20th December 2024, FinanceWire The post FBS Analysts Unveil Key Crypto Trends in 2024 and Market Predictions for 2025 appeared first on FinSMEs.

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Where Will Summit Therapeutics Be in 5 Years?

The Motley Fool

Summit Therapeutics (NASDAQ: SMMT) has risen in prominence in the past two years thanks to a promising pipeline candidate, ivonescimab, a potential cancer treatment. The company's shares are up by 340% since January 2023. The market has high hopes for the biotech. It doesn't have a single drug on the market, yet it boasts a market capitalization of $14 billion.

Returns 130
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Tenor Raises $5.4M in Seed Funding

FinSMEs

Tenor, a San Francisco, CA-based provider of AI-driven leadership development solutions for managers, raised $5.4M in Seed funding. The round was led by Base10 Partners, with participation from Reach Capital and angel investors across the AI, HR technology, and learning spaces. The company intends to use the funds to expand operations and its development efforts. […] The post Tenor Raises $5.4M in Seed Funding appeared first on FinSMEs.

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Why Innovative Industrial Properties Stock Plunged Today

The Motley Fool

Shares of Innovative Industrial Properties (NYSE: IIPR) , the country's leading cannabis real estate investment trust (REIT), were taking a dive today after it announced that PharmaCann, one of its biggest tenants, was defaulting on all 11 of its leases. As of 11:09 a.m. ET, the stock was down 20% on the news. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.

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Nordic Capital Closes Nordic Capital Evolution II, At EUR 2 Billion

FinSMEs

Nordic Capital, a private equity investor, closed Nordic Capital Evolution II, at EUR 2 Billion. Raised within four months from launch, the Fund closed at its hard cap exceeding its target ofEUR 1.4 Billion. The investor base comprises a diversified mix of institutional investors: public and private pension funds (c.41%); asset managers and advisers (c.26%); […] The post Nordic Capital Closes Nordic Capital Evolution II, At EUR 2 Billion appeared first on FinSMEs.

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Do You Qualify for Spousal Social Security Benefits? 3 Things to Know Before Applying

The Motley Fool

Social Security has many great aspects, with the most notable being the millions of Americans it provides financial safety nets for in retirement. It's hard to argue about just how valuable it has been over the past decades. After many years of paying Social Security payroll taxes , Social Security retirement benefits are well-earned for many. Unfortunately, not everyone pays Social Security payroll taxes.

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Signs of a Top

A Wealth of Common Sense

There’s an old story about Joseph Kennedy in which a shoeshine boy started giving him stock tips while he was sitting in a chair getting his shoes buffed. That was all he needed to hear. Kennedy immediately returned to his office and sold all of his stock holdings. That was in 1929 right before the stock market topped and had the worst crash in history.

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3 Vanguard ETFs to Buy With $1,500 and Hold Forever

The Motley Fool

Exchange-traded funds (ETFs) can make life easy by simplifying the investment process. ETFs are buckets of individual companies traded under one ticker symbol, offering instant portfolio diversification. Some of them follow stock market indexes, while others reflect a specific theme or strategy. Vanguard is one of the world's largest investment companies.

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Embeddable Raises €6M in Seed Funding

FinSMEs

Embeddable, a London, UK-based developer of a tool for building interactive customer-facing analytics directly within software applications, raised 6M in Seed funding. The round was led by OpenOcean, with participation from existing investors including Four Rivers and TechStars. The company intends to use the funds to expand its team and build a developer community centered […] The post EmbeddableRaises 6M in Seed Funding appeared first on FinSMEs.

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Better Semiconductor Stock: AMD vs. Broadcom

The Motley Fool

Semiconductor stocks are a great area to invest in. The industry had a strong 2024 with global sales up 19% year over year and more growth expected in 2025. The World Semiconductor Trade Statistics forecasts the industry to reach nearly $700 billion in 2025, up from $627 billion in 2024. Thanks to factors such as the expanding artificial intelligence market, the industry could enjoy years of additional growth.

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Justt Raises $30M Series C Funding

FinSMEs

Justt, a NYC-based AI-based chargeback management company, raised $30M in Series C funding. The round was led by Zeev Ventures with participation from existing investors Oak HC/FT and F2 Venture Capital. The company intends to use the funds to accelerate global expansion, advance AI technology, and achieve profitability. Led by CEO Ofir Tahor, Justt is […] The post Justt Raises $30M Series C Funding appeared first on FinSMEs.

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History Says the Nasdaq Will Soar in 2025. 1 Stock-Split Stock to Buy Before It Does

The Motley Fool

The Nasdaq Composite has been on an epic run over the past couple of years, driven higher by the recovering economy, the rapid adoption of artificial intelligence (AI) , an undisputed U.S. Presidential election, and two recent interest rate cuts by the Federal Reserve Bank. After the tech-centric index surged 43% in 2023, it's up roughly 34% so far this year (as of this writing).

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MiB: Dana Mattioli on Amazon’s Everything War

The Big Picture

This week, we speak with Dana Mattioli , who as Senior Enterprise Technology Reporter for the Wall Street Journal covers Amazon. Her investigations into the retail giant’s business practices, market power, and antitrust issues led her to write The Everything War: Amazons Ruthless Quest to Own the World and Remake Corporate Power. She won the 2021 Gerald Loeb Award for Beat Reporting, the WERT Prize from the Womens Economic Roundtable, and the Front Page Award for her Amazon coverage.

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The Bull Market Continues: 1 Stock-Split Stock to Buy as Part of Your 2025 New Year's Resolution

The Motley Fool

High-quality companies tend to create lots of value for their shareholders over the long term. Sometimes, that means their stock price soars into the hundreds or even thousands of dollars, which can make it difficult for retail investors to buy in. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.

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AZZO Receives Strategic Investment From Angeleno Group

FinSMEs

AZZO, an Adelaide, Australia-based energy management software and services company, received a strategic investment from Angeleno Group. The amount of red eel was not disclosed. The company intends to use the funds to accelerate its geographical expansion and the development and impact of its EnergyX IoT platform helping organisations comprehensively manage their energy including renewables and electrification initiatives […] The post AZZO Receives Strategic Investment From Angeleno Group