Thu.Dec 05, 2024

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This Nearly 6%-Yielding Stock Has Now Extended Its Dividend Growth Streak to 30 Years

The Motley Fool

Enbridge (NYSE: ENB) recently reached a new milestone for dividend growth. The Canadian pipeline and utility operator has now increased its payment for 30 straight years after boosting its payout by 3% for 2025. That raise will push its dividend yield even closer to 6%. Here's a look at what has fueled its ability to grow its dividend over the years and whether it has the power to continue pushing its payout higher in the future.

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Wynnchurch Sells Texas Hydraulics to Fortress

Private Equity Professional

Wynnchurch Capital has sold TH Holdings , a diversified industrial manufacturer operating under the brands Texas Hydraulics , Hydromotion , and Oilgear , to Fortress Investment Group. Wynnchurch acquired Texas Hydraulics in February 2016 through a carve-out from Dover Corporation. At that time, the company was a manufacturer of hydraulic cylinders, swivels and other components that are used by mobile equipment manufacturers in the utility, mining, general construction, material handling, road bu

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Advanced Micro Devices Just Shared How It Plans to Dethrone Nvidia

The Motley Fool

In today's video, I discuss recent updates affecting Advanced Micro Devices (NASDAQ: AMD). To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Dec. 4, 2024. The video was published on Dec. 4, 2024. Should you invest $1,000 in Advanced Micro Devices right now?

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AE Industrial Sells Kellstrom to VSE

Private Equity Professional

AE Industrial Partners, LP has announced the sale of Kellstrom Aerospace Group to VSE Corporation at an enterprise valuation of $200 million, consisting of $185 million in cash and $15 million in VSE stock. Kellstrom, acquired by AE Industrial in April 2015, is a distributor and service provider for the commercial aerospace engine aftermarket sector.

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Is the Coca-Cola Company a Buy, Sell, or Hold in 2025?

The Motley Fool

The Coca-Cola Company (NYSE: KO) is in a precarious situation right now. The soft drink giant's stock tends to trade in close alignment with the S&P 500 (SNPINDEX: ^GSPC) market index, but things have changed this year. Coke's shares took a tumble in October and have stayed down since then. Coca-Cola's year-to-date total return sits at 11% on Tuesday, December 3.

Companies 238
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CenterGate Sees the Future with Buy of Zyloware

Private Equity Professional

CenterGate Capital has acquired Zyloware Corporation , a century-old provider of eyewear frames. Zyloware is a full-service eyewear company specializing in product design, marketing, inventory management, and distribution. The companys products are sold to mass retailers, value chains, large chains, and independent eyewear operators worldwide. Founded in 1923 by Joseph Shyer in Long Island City, New York, Zyloware is the oldest family-owned optical frame supplier in the United States.

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Shore Savors Latest OWS Foods Add-On

Private Equity Professional

OWS Foods , a Shore Capital Partners portfolio company since November 2020, has acquired Lillie’s Q Sauces & Rubs. Lillies is an Oklahoma-based maker of barbecue sauces, rubs, and seasonings. The brand was founded in 2010 by Chef Charlie McKenna and President Brian Golinvaux , with commercial distribution beginning in 2014. Source: Lillie’s Q Sauces & Rubs Brown Gibbons Langs Food & Beverage investment banking group, led by BGL Managing Director Daniel Gomez , acted as th

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The Best Energy Stock to Invest $1,000 in Right Now

The Motley Fool

The world will need a tremendous amount of electricity over the coming years. From the electrification of the transportation sector to the emergence of artificial intelligence (AI), power demand is on track to grow exponentially in the next decade. Forecasters expect data center power demand alone to grow 15-fold by 2030, rising from 2% of global consumption to almost 10% ( and up to 20% of total U.S. power demand).

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OMERS Private Equity to acquire IT firm Integris from Frontenac

Private Equity Wire

OMERS Private Equity, the PE investment division of the $95.2bn Ontario Municipal Employees Retirement System, has agreed a deal to acquire Integris, a fast-growing IT managed service provider (MSP), from Chicago-based Frontenac Company for an undisclosed amount. According to a press statement, the deal, which makes OMERS debut in the MSP space, will “drive Integris’ growth through acquisitions, organic expansion, and investments in its workforce” Founded in 2021 and headquarte

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Why This Quantum Computing Stock Rocketed 142.8% Higher in November

The Motley Fool

Shares of IonQ (NYSE: IONQ) stock popped 142.8% in November, according to data from S&P Global Market Intelligence. The start-up is trying to revolutionize the quantum computing market and bring this nascent technology into commercial hands. With investors eating up growth and deep technology stocks at the moment, it is no surprise to see IonQ crushing the market in 2024.

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Thames Water receives bid from Covalis and France’s Suez

Financial Times M&A

UK investor is teaming up with French group as part of a bid for control of troubled utility

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Domo (DOMO) Q3 2025 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Domo (NASDAQ: DOMO) Q3 2025 Earnings Call Dec 05, 2024 , 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings. Welcome to Domo's Q3 Fiscal Year 2025 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation.

Capital 130
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UK regulator approves £16.5bn combination of Vodafone and Three

Financial Times M&A

Merger is expected to create Britain’s largest mobile operator

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Why Jumia Stock Skyrocketed Today

The Motley Fool

Jumia Technologies (NYSE: JMIA) stock surged in Thursday's trading. The African e-commerce company's share price ended the day's trading up 19.7% and had been up as high as 26.1% earlier in the session. After the market closed yesterday, Jumia published preliminary unaudited key performance indicators (KPIs) for the two-month period ending Nov. 30. The company reported better-than-expected growth for orders placed, active customers, and gross merchandise volume (GMV) during a key sales stretch,

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Sola Closes Seed Round

FinSMEs

Sola, an Atlanta, GA-based insurtech company providing data-driven policies, raised an undisclosed amount in Seed funding. The round, which brought the total amount to $3.7M, was led by FINTOP Capital, with participation from Overline, 10vc, Karuna VC, and others. The company intends to use the funds to expand its wind and hail product, which addresses […] The post Sola Closes Seed Round appeared first on FinSMEs.

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Ulta Beauty (ULTA) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Ulta Beauty (NASDAQ: ULTA) Q3 2024 Earnings Call Dec 05, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon, and welcome to Ulta Beauty's conference call to discuss results for the Ulta Beauty third quarter 2024 earnings results. At this time, all participants are in a listen-only mode.

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PE-led consortium to take Hong Kong’s ESR Group private in $7.09bn deal

Private Equity Wire

A consortium led by private equity firms Starwood Capital Group and Warburg Pincus has made a HKD55.19bn ($7.09bn) bid to take Hong Kong-based real estate investment firm ESR Group private, according to a report by Reuters citing a company announcement on Wednesday. The offer represents a 55.7% premium to ESR’s closing price on 24 April, before the non-binding proposal was submitted.

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Tilly's (TLYS) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Tilly's (NYSE: TLYS) Q3 2024 Earnings Call Dec 05, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and welcome to the Tilly's third quarter 2024 results conference call. All participants will be in a listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions.

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Advent mulls new strategy for mid-market deals

Private Equity Wire

Global private equity firm Advent International is exploring the creation of a dedicated investment vehicle to target mid-sized deals, as it looks to expand its footprint in the private equity market without venturing into unrelated sectors, according to a report by Bloomberg. The firm, which raised a record $25bn for its flagship buyout fund in 2022, sees untapped potential in transactions involving companies valued below $1.5bn.

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Dollar General (DG) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Dollar General (NYSE: DG) Q3 2024 Earnings Call Dec 05, 2024 , 9:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. My name is Rob, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Dollar General third-quarter 2024 earnings call.

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Investment communications advisor Greenbrook promotes Bree Taylor

AltAssets

Greenbrook, a specialist communications advisor to the investment sector, has announced the promotion of Bree Taylor to the role of partner. Taylor – who joined Greenbrook in April 2022 – has over a decade of experience in the financial services and media sector. Before she joined Greenbrook, Taylor held key roles at Citigroup, where she […] The post Investment communications advisor Greenbrook promotes Bree Taylor appeared first on AltAssets Private Equity News.

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Why Costco Stock Jumped 11% Last Month

The Motley Fool

Shares of retail giant Costco Wholesale (NASDAQ: COST) jumped 11.2% during November, according to data provided by S&P Global Market Intelligence. The company reported monthly sales results early in the month and that's all the encouragement that investors needed to send the stock to an all-time high approaching $1,000 per share. Costco's sales results for October were released on Nov. 6, showing a 7% increase from October 2023.

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How the Vodafone-Three UK merger will reshape Britain’s mobile landscape

Financial Times M&A

Deal will reduce number of operators in the country from four to three

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Why Chewy Stock Sank by 6% on Thursday

The Motley Fool

Chewy (NYSE: CHWY) stock took another hit on Thursday, a day after getting dinged by investors reacting to the company's third-quarter earnings report. While there was no direct news of note from the company, one analyst tracking its shares downgraded his recommendation. The result was that Chewy's share price fell by 6% across the trading session, a notably steeper decline than the S&P 500 index's 0.2% drop.

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STEPN GO and adidas launch First-Ever STEPN GO x adidas Physical Shoe Drop

FinSMEs

Sydney, Australia, 5th December 2024, Chainwire The post STEPN GO and adidas launch First-Ever STEPN GO x adidas Physical Shoe Drop appeared first on FinSMEs.

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Archer Aviation Stock Soared Today -- Is It Too Late to Buy the Flying Taxi Stock?

The Motley Fool

Archer Aviation (NYSE: ACHR) stock posted big gains in Thursday's trading. The flying taxi company's share price closed out the day up 10.1% and had been up as much as 20.3% earlier in the session. Archer Aviation stock climbed today as investors became more confident that automaker Stellantis will remain an active partner despite the departure of its CEO, Carlos Tavares.

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Deal Roundup: ASH backs FortyAU, Mubadala enters into strategic alliance with Silver Rock

AltAssets

ASH Investment Partners, an Atlanta-based private equity firm, has invested in FortyAU, a digital services firm specializing in providing solutions to healthcare clients. Founded in 2011 and headquartered in Nashville, TN,FortyAU provides services to the healthcare sector and other highly regulated industries with solutions in custom software engineering, data science, AI, and strategy + design. […] The post Deal Roundup: ASH backs FortyAU, Mubadala enters into strategic alliance with Silv

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Kroger (KR) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Kroger (NYSE: KR) Q3 2024 Earnings Call Dec 05, 2024 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning and welcome to The Kroger Co. third quarter 2024 earnings conference call. [Operator instructions] Please note, this event is being recorded. I'd now like to turn the conference over to Rob Quast, senior director, investor relations.

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HealthTech Lauxera reaches close of its second fund on €300m

AltAssets

HealthTech investment firm Lauxera Capital Partners has reached the first close of its second fund, securing commitments exceeding €300m, marking significant growth over its first fund. Over the past year, the firm has raised 75% of its €400m target, partner Edoardo Fracchia revealed in an interview with Real Deals. Founded in 2020 by Samuel Levy, Alex […] The post HealthTech Lauxera reaches close of its second fund on €300m appeared first on AltAssets Private Equity News.

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Why Dollar General Stock Only Traded Sideways Today

The Motley Fool

On the back of slightly discouraging news, Dollar General (NYSE: DG) stock traded down in early action on Thursday before recovering. By the end of the day it had landed in positive territory, but only slightly, closing 0.1% higher in price. At least that was good enough to top the S&P 500 index on the day, as that stock market bellwether fell by 0.2%.

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Exit activity to increase as dealmakers turn more bullish in 2025, says Moonfare

Private Equity Wire

Exit activity will pick up as financing conditions ease and dealmakers turn increasingly bullish in 2025, private equity provider Moonfare predicts, with company’s analysts having identified ten key trends to look out for next year. A more stable and likely declining interest rate environment should make it easier for dealmakers to price risk, thereby opening up exit opportunities for corporates and sponsors previously hampered by stubbornly wide bid-ask spreads between buyers and sellers,

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Why Build-A-Bear Workshop Stock Jumped to an All-Time High Today

The Motley Fool

Shares of toy company Build-A-Bear Workshop (NYSE: BBW) jumped out to all-time highs on Thursday after it reported financial results for the third quarter of 2024. As of noon ET, Build-A-Bear stock was up an impressive 18%, and it has now nearly doubled in value year to date. The business is still humming along After years of decline, Build-A-Bear Workshop has turned things around in recent years, unlocking both growth and profits, much to the excitement of its shareholders.

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TPG leads $2bn secondary investment in $15bn Veeam Software

Private Equity Wire

TPG has led a $2bn secondary investment in Veeam Software, a global specialist in data resilience solutions, alongside investors Temasek, Neuberger Berman Capital Solutions, and others, valuing the business at $15bn, according to a report by Alternatives Watch. The deal, which will see Insight Partners remain as Veeam’s largest shareholder, is expected to close in the first quarter of 2025, pending regulatory approvals.

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Why GXO Logistics Stock Fell This Week

The Motley Fool

Shares of GXO Logistics (NYSE: GXO) were heading lower after the company said that CEO Malcolm Wilson would retire next year. The decline in the stock seemed to be less of a reflection on Wilson, and more based on reports that GXO won't be sold, as reports in October had indicated that the company was fielding multiple takeover offers. As a result, the stock was down 18.2% for the week as of Thursday at 12:50 p.m.

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