Sat.Sep 07, 2024

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Warren Buffett Just Sold Another $3.1 Billion Worth of One of Berkshire Hathaway's Largest Holdings. Here's Why.

The Motley Fool

Warren Buffett hasn't seen a lot to like in the stock market in quite some time. In each of the last seven quarters , Buffett sold more stock from Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) equity portfolio than new purchases. And it looks like he's about to make it a full two years. Last quarter, Buffett cut his company's massive position in Apple nearly in half.

Banks 246
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Power struggle looms at Chelsea FC as US co-owners’ relationship sours

Financial Times M&A

Ties between Todd Boehly and Clearlake Capital have frayed since the record £2.

Capital 112
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If I Could Tell All Retirees 1 Thing About Social Security, I'd Say to Do This Before You Claim Benefits

The Motley Fool

Few retirement decisions have as lasting an impact as when you decide to claim Social Security. The decision permanently affects how much you receive, so it's not one you want to gloss over as insignificant. I recommend that retirees (or those approaching retirement) figure out their break-even age before claiming Social Security benefits. Your break-even age is when the total lifetime benefits from claiming at one age equal the total lifetime benefits from claiming at another age.

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KKR and Palm Capital to Acquire Prime Last-Mile Logistics Asset in Denmark

KKR

Investment in freehold logistics asset with strong development potential and asset management initiatives in Greater Copenhagen STOCKHOLM--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Palm Capital, the pan-European real estate private equity specialist today announced the acquisition of a prime last-mile logistics asset in Greater Copenhagen, Denmark, from Catena, the.

Assets 40
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Forget Nvidia: Meet the Supercharged Growth Stock Headed to $4 Trillion Over the Coming 12 to 18 Months, According to 1 Wall Street Analyst

The Motley Fool

Since the advent of artificial intelligence (AI) early last year, the star of the show has been Nvidia. The company pioneered the graphics processing units (GPUs) that have become the gold standard for AI training and inference applications. This, in turn, has resulted in a blistering run for the stock, which has gained 639% (as of this writing) since early last year.

Returns 246
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KKR Acquires Park 8Ninety, a 12 Building Class A Industrial Logistics Park in Houston, from Artis REIT

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has completed the acquisition of Park 8Ninety, a 12 building industrial logistics park in Houston, Texas, from Artis Real Estate Investment Trust (“Artis REIT”) for approximately $234 million. The approximately 1.8 million square-foot (SF) master planned park was completed in phases between 2017 and.

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Carlyle and KKR Strategic Partnerships Agree to Acquire Approximately $10.1 Billion Prime Student Loan Portfolio from Discover Financial Services

KKR

NEW YORK--(BUSINESS WIRE)-- Global investment firms Carlyle (NASDAQ: CG) and KKR (NYSE: KKR) today announced that one or more strategic partnerships comprised of funds and accounts managed by Carlyle and KKR’s respective credit businesses have agreed to purchase an approximately $10.1 billion portfolio of prime student loans from Discover Financial Services (NYSE: DFS).

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4 Reasons to Buy Nvidia Stock Like There's No Tomorrow

The Motley Fool

Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks over the past five years, up an astonishing 2,430%. Given those gains, the question many investors ask now is whether it is too late for new investors to buy in and see above-average returns. Let's look at four reasons why Nvidia stock is still worth buying like there is no tomorrow. 1.

Returns 246
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Trinseo Announces New Receivables Financing Facility from KKR

KKR

WAYNE, Pa. & NEW YORK--(BUSINESS WIRE)--Trinseo PLC (“Trinseo” or “the Company”)(NYSE: TSE), a specialty material solutions provider, today announced that a special purpose finance entity, Styron Receivables Funding Designated Activity Company, has entered into a $150 million non-recourse financing facility with credit funds and accounts managed by KKR, a leading global investment firm.

Finance 40
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The Qualified Business Expense Tax Credit Expires Soon -- Here's What It Could Cost Your Small Business

The Motley Fool

Image source: Getty Images In 2017, Congress passed the Tax Cuts and Job Act (TCJA), which introduced sweeping changes to the tax code, including a tax cut called the Qualified Business Income deduction. This bill allowed thousands of small businesses the flexibility to increase their inventory, expand their service area, or invest in marketing to grow their business.

Taxes 246
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KKR to Acquire Janney Montgomery Scott from Penn Mutual

KKR

NEW YORK & PHILADELPHIA--(BUSINESS WIRE)-- KKR, a leading global investment firm and The Penn Mutual Life Insurance Company (“Penn Mutual”) today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Janney Montgomery Scott LLC (“Janney” or the “Company”). This press release features multimedia.

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Where Will IBM Be in 5 Years?

The Motley Fool

The International Business Machines (NYSE: IBM) you see today is very different from the Big Blue of yesteryear. The company moved from an all-you-can-eat technology buffet to a software-and-services expert with a heavy dose of artificial intelligence (AI) -- just in time for the ongoing AI boom. And IBM will keep changing from here. Let's check out the plans this technology veteran has for the next five years.

Prospects 246
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T-Mobile and KKR Announce Joint Venture to Acquire Metronet and Offer Leading Fiber Solution to More U.S. Consumers

KKR

BELLEVUE, Wash. & NEW YORK & EVANSVILLE, Ind.--(BUSINESS WIRE)--T-Mobile (NASDAQ: TMUS), America's 5G leader and fastest-growing fixed wireless broadband provider, today announced it has entered into a definitive agreement to establish a joint venture (JV) with leading global investment firm KKR (NYSE: KKR) that will acquire Metronet including its broadband infrastructure, rapidly growing residential fiber business operations and existing customers.

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Looking to Buy an Artificial Intelligence (AI) ETF? Buy This ETF Instead

The Motley Fool

One of the easiest and smartest moves you can make as an investor is buying exchange-traded funds (ETFs). ETFs do much of the hard work of investing for you, keeping your portfolio diversified and rebalancing its holdings according to the preferences of an active manager, or the underlying index the fund is tracking. The only real challenge is finding the best ETF for your investment goals.

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KKR Acquires Marmic Fire & Safety

KKR

All Employees to Become Owners in the Company JOPLIN, Mo. & NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that investment funds managed by KKR have acquired Marmic Fire & Safety (“Marmic” or the “Company”), a leading provider of regulation-mandated fire equipment inspection, testing and maintenance services, from HGGC.

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Billionaire Philippe Laffont Has 37% of His $25.7 Billion Portfolio Invested in 5 Unstoppable Artificial Intelligence (AI) Stocks

The Motley Fool

There's little question that artificial intelligence (AI) has been the driving force behind the current market rally -- and with good reason. These next-generation algorithms generate original text and images, streamline processes, and automate menial and time-consuming tasks, all with a few simple keystrokes. The potential for vast increases in productivity has companies lining up to see how they can best deploy AI to benefit their respective businesses.

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Instructure to be Acquired by KKR for $4.8 Billion

KKR

SALT LAKE CITY, July 25, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure"), a leading learning ecosystem, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion.

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Forget Artificial Intelligence (AI): Here Are 143 Billion Reasons to Buy Nvidia Stock Hand Over Fist

The Motley Fool

There is no denying that artificial intelligence (AI) has been the driving force behind Nvidia 's (NASDAQ: NVDA) stunning stock market rally since the end of 2022 as the rapidly growing adoption of this technology led to outstanding growth in the company's revenue and earnings. For example, Nvidia's data center revenue shot up a whopping 154% in the second quarter of fiscal 2025 to a record $26.3 billion.

Prospects 246
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Avantus Announces Completion of Acquisition by KKR and Closing of $522 Million Development Facility

KKR

KKR’s majority equity investment and arrangement of a new development facility to accelerate the deployment of Avantus’ pipeline, including some of the nation’s largest solar and energy storage projects NEW YORK--(BUSINESS WIRE)-- Today, Avantus, a premier U.S. developer of utility-scale solar and solar-plus-storage projects, and KKR, a leading global investment firm, announced the completion.

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Opinion: Alphabet Would Be Worth More if Broken Up

The Motley Fool

After winning its antitrust case against Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) , the U.S. government said it will consider asking the judge to break the company up. While such an extreme remedy appears unlikely, anything is possible when it comes to the law. My prediction, though, is that Alphabet would be worth more broken up than it currently trades at as a combined company.

Returns 246
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KKR & Co. Inc. Reports Second Quarter 2024 Results

KKR

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

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How to Generate Over $50,000 in Annual Dividends by the Time You Retire

The Motley Fool

Having an extra $50,000 per year in retirement can alleviate concerns about whether you'll have enough money saved up by the time you stop working. And it's possible to accomplish that even if you don't have a big lump sum of money to invest right now. But you will need time. If you have 30 years to go before you plan to retire, I can show you how you can turn a recurring $300 monthly investment into some fairly safe exchange-traded funds (ETFs) into $50,000 in annual dividend income.

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KKR to acquire majority position in FGS Global to support long-term growth; FGS to become standalone communications and public affairs consultancy

KKR

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.

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Billionaires Are Selling Nvidia Stock and Buying 1 AI Stock That Could Soar 215%, According to Certain Wall Street Analysts

The Motley Fool

Nvidia (NASDAQ: NVDA) has so far been the heart of the artificial intelligence (AI) boom. However, the hedge fund billionaires listed below trimmed their positions in Nvidia stock during the second quarter, while purchasing shares of Super Micro Computer (NASDAQ: SMCI). Cliff Asness of AQR Capital Management sold 1.3 million shares of Nvidia, trimming his stake by 8%.

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KKR Acquires Portfolio of Six Class A Industrial Warehouses Across the U.S.

KKR

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.

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Prediction: This Artificial Intelligence (AI) Stock Will Outperform Nvidia by Year End

The Motley Fool

Nvidia (NASDAQ: NVDA) has run circles around other artificial intelligence (AI) stocks over the past few years thanks to its leadership in the field. The company holds an 80% share of the AI chip market, and that has helped it generate triple-digit revenue growth quarter after quarter. As a result, the stock soared more than 2,200% over the past five years.

Returns 246
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KKR Completes Acquisition of Varsity Brands from Bain Capital and Charlesbank

KKR

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
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3 Costco Perks You've Probably Forgotten About

The Motley Fool

Image source: The Motley Fool/Upsplash It took me a few months after getting a Costco membership to realize I could get discounts on everything from vacations to hotels and even warranties for electronics. After that, I went online to see what Costco perks I'd overlooked, and there's a lot I didn't know about. Even if you've been a Costco member for a while, I'd bet there are a few membership benefits you've probably forgotten about.

Companies 246
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KKR receives all regulatory approvals for the voluntary public tender offer for all outstanding shares of OHB SE

KKR

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”).

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Great News for Nio Stock Investors!

The Motley Fool

Fool.com contributor Parkev Tatevosian elaborates on what the latest developments could mean for Nio (NYSE: NIO) stock investors. *Stock prices used were the afternoon prices of Sept. 4, 2024. The video was published on Sept. 6, 2024. Should you invest $1,000 in Nio right now? Before you buy stock in Nio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nio wasn’t one of them.

Investors 246
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KKR to Present at the Barclays Global Financial Services Conference

KKR

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.

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The Ultimate Growth Stock to Buy With $1,000 Right Now

The Motley Fool

The S&P 500 and Nasdaq Composite Index climbed 20% and 19%, respectively, through the first eight months of the year. With these two major indexes in record territory, investors might be worried there aren't attractive opportunities to bolster their portfolios. I don't agree with this assumption. In fact, there's one dominant enterprise that looks like the ultimate growth stock to buy with $1,000 right now.

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KKR-Mirastar Acquires Portfolio of Five Prime Logistics assets across the UK from PLP

KKR

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
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Huge News for Rocket Lab Investors

The Motley Fool

Rocket Lab USA (NASDAQ: RKLB) is going to Mars. I mean that literally: The company just announced the completion of two spacecraft bound for the planet in the Escapade mission for the National Aeronautics and Space Administration (NASA) and the University of California. The mission is scheduled for launch in October and will study plasma and electric fields around the planet.

Investors 246