Sat.May 11, 2024

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3 New Required Minimum Distribution (RMD) Rules Retirees Need to Know About in 2024

The Motley Fool

One of the biggest advantages of saving for retirement in an account like an IRA or 401(k) is that you can defer your taxes. Instead of paying a big tax bill upfront, you can wait to pay taxes until you're in retirement. That can give you more money to invest today. But eventually, the government comes asking for its tax revenue. That's why it imposes required minimum distributions.

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Weave Living and KKR Establish Urban Living Strategic Partnership in South Korea

KKR

The venture will target to build an initial portfolio of c.1,200 units primarily in Seoul SEOUL, South Korea--(BUSINESS WIRE)-- WEAVE LIVING (“Weave”), Asia Pacific’s preeminent living sector specialist, and KKR, a leading global investment firm, today announced the establishment of a strategic partnership to invest in rental housing assets in South Korea, with a focus on Seoul.

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Berkshire Hathaway Is Great. Here's Why You Shouldn't Buy It.

The Motley Fool

Berkshire Hathaway (NYSE: BRK.B) (NYSE: BRK.A) is not just an investment icon, it's also something of a cultural phenomenon. The company's annual meeting draws thousands of people to Omaha just to hear CEO Warren Buffett speak. This year was notably different than past years, however, and that might be enough to keep some investors on the sidelines.

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SunFire Announces Investment from KKR

KKR

NEW YORK--(BUSINESS WIRE)-- SunFireMatrix, Inc. (“SunFire” or the “Company”), a leading software and tech-enabled services platform serving the insurance distribution and health plan markets, announced today that it has been acquired by funds managed by KKR, a leading global investment firm. Funds managed by Stone Point Capital LLC, the Company’s previous majority owner, will continue to be a.

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40.2% of Warren Buffett's $362 Billion Portfolio Is Invested in 2 Artificial Intelligence (AI) Stocks

The Motley Fool

Warren Buffett was born in 1930, and he bought his first stock at age 11. By 1965, he was running his own investment company called Berkshire Hathaway , which he still leads today. Buffett has steered Berkshire to a total return of 4,384,748% over the last 58 years, which would have been enough to turn a $1,000 investment into more than $43.8 million.

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Guesty Raises $130M to Accelerate Global Expansion

KKR

New York, NY, April 10, 2024 - Guesty, the leading property management software platform for the short-term rental (“STR”) and hospitality industry, today announced a $130M Series F funding round led by leading global investment firm KKR.

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KKR & Co. Inc. to Announce First 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 first quarter 2024 on Wednesday, May 1, 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 Wednesday, May 1, 2024 at 10:00 a.m. ET. The conference call may be accessed by dialing (877).

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1 No-Brainer Growth Stock to Buy and Hold

The Motley Fool

Excellent, magnificent, fantastic! All of these superlatives (and more) describe Eli Lilly 's (NYSE: LLY) performance in recent years as it has delivered market-crushing returns and strong regulatory progress. Though the stock might peak eventually, we aren't there yet, as the pharmaceutical giant proved with its latest quarterly update. There remains substantial upside for Eli Lilly, and given its prospects, it's hard to pass up on the drugmaker.

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KKR and Impilo Announce Strategic Partnership Together With Management in Rare Disease Platform Immedica Pharma

KKR

STOCKHOLM & LONDON--(BUSINESS WIRE)-- Investment funds managed by KKR, a leading global investment firm, have agreed to acquire Immedica Pharma, a pharmaceutical company headquartered in Stockholm, Sweden, focused on the commercialization of medicines for rare diseases and specialty care products. Existing owner, Nordic healthcare investment firm Impilo, will reinvest to become an equal owner.

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2 Reasons You Should Be Unhappy About CD Rates Above 5%

The Motley Fool

Image source: Getty Images There are many CDs right now offering annual percentage yields (APYs) above 5.00%. Since investors used to get excited about rates at 2.00% or 3.00% just a few short years ago, these unprecedented high yields may seem like great news. They aren't, though. There are two reasons that just about everyone should be unhappy about CD rates being so high. 1.

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Acceptance period for KKR’s voluntary public takeover offer for ENCAVIS AG commences

KKR

24 April 2024 – Elbe BidCo AG (the “Bidder”), a holding company controlled by investment funds, vehicles and accounts advised and managed by Kohlberg Kravis Roberts & Co. L.P. and its affiliates (collectively, “KKR”), today published the offer document for its voluntary public takeover offer (the “Takeover Offer”) for the shares (ISIN: DE0006095003) of ENCAVIS AG (“Encavis”) following the approval by the German Federal Financial Supervisory Authority (“BaFin”).

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1 No-Brainer Trucking Stock to Buy With $500 Right Now

The Motley Fool

$500 might not seem like much, but investing it in the right stock over a long period of time can turn even $500 into a substantial sum of money. XPO (NYSE: XPO) , for example, jumped 1,460% in the 2010s, meaning it would have turned $500 into more than $7,000 in 10 years. The company has evolved significantly since then, spinning off the GXO Logistics contract logistics business and the RXO truck brokerage businesses, but XPO's recent earnings report showed why the stock continues to look like

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KKR to Acquire $1.64 Billion Student Housing Portfolio from BREIT

KKR

NEW YORK--(BUSINESS WIRE)-- KKR and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion. The over 10,000-bed portfolio is comprised of 19 purpose-built, premium student housing assets anchored to 14 leading four-year.

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Tesla Is Great. Here's Why You Shouldn't Buy It.

The Motley Fool

After looking at the data, you'll quickly see Tesla (NASDAQ: TSLA) has been one of the best businesses to have owned in recent times. In the past decade, shares have skyrocketed 1,190% higher, crushing the broader Nasdaq Composite Index by an insanely wide margin. Elon Musk , the company's founder and CEO, deserves a ton of credit for disrupting the massive global car industry, resulting in strong growth for Tesla.

Prospects 246
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European Value-for-Money Optical Platform nexeye to be Acquired by KKR from 3i, Accelerating its Strategic Growth Ambitions

KKR

Gorinchem (NL) / London (UK), 25 April 2024 – nexeye (the “Company” or “Group”) today announced that a definitive agreement has been signed whereby investment funds and accounts managed by KKR agreed to acquire the Company from investment firm 3i Group plc.

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3 Things Retirees Need to Know Today About Their 2025 Social Security COLA

The Motley Fool

If you're retired, planning ahead is important for your financial security -- especially if you're living on a fixed income and can't simply earn more cash if you need it. That's why it's a good idea to keep tabs on current data related to your upcoming Social Security cost-of-living adjustment, or COLA. These adjustments happen most years to increase benefits, which means you may have more money to spend without tapping into your savings.

Financing 246
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MEDIAWAN ANNOUNCES COMBINATION WITH LEONINE, ONE OF THE LARGEST INDEPENDENT STUDIOS IN THE GERMAN-SPEAKING MARKET

KKR

Paris and Munich, April 28th, 2024 - Mediawan and Leonine Studios ("Leonine") today announced the signing of a definitive agreement for Leonine to combine forces with Mediawan in an all-stock transaction. The combination will foster even closer collaboration between the businesses and establish Mediawan as a premier studio with a global presence across 13 countries, 85 labels, a catalogue of ~30,000 hours of premium content and revenue exceeding €1 billion.

Stakes 40
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Billionaire Bond King Bill Gross Says This 10% Ultra-High-Yield Dividend Stock Is "Best of the Bunch" For Pipeline Master Limited Partnerships

The Motley Fool

One of the most accomplished investors in recent history is Bill Gross. Known as the "bond king," Gross made a name for himself as the founder of Pacific Investment Management Company (PIMCO) in the 1970s. While he is no longer part of PIMCO, Gross is still an active investor. Recently, he posted on social media that he sees Western Midstream Partners (NYSE: WES) as the "best of the bunch" when it comes to pipeline master limited partnerships (MLPs).

Taxes 246
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KKR’s Henry McVey Says Insurance CIOs Plan to Increase Allocations to Non-Traditional Assets

KKR

Proprietary Survey Highlights Why There is “No Turning Back” to Traditional Asset Allocation After the Recent Surge in Interest Rate Volatility NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “No Turning Back,” 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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Best Stock to Buy Right Now: Amazon vs. Apple

The Motley Fool

Earnings season kicked off last month and will continue into May, giving Wall Street a fresh batch of numbers to analyze and agonize over. As is usually the case with new earnings, there's been a lot of fluctuation in the market in recent weeks. Some standouts are Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) , with Amazon's shares up 8% since its earnings release on April 30 and Apple's up 5% since posting its report on May 2.

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KKR & Co. Inc. Reports First Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its first 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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2 Nasdaq Stocks That Could Crush Nvidia and Deliver Bigger Gains, Thanks to Artificial Intelligence (AI)

The Motley Fool

The Nasdaq-100 Technology Sector index has been in fine form in the past year, clocking impressive gains of 50%, as some of the key components of this index have witnessed a red-hot rally thanks to the proliferation of artificial intelligence (AI). Shares of Nasdaq-100 component Nvidia (NASDAQ: NVDA) , for instance, have shot up 221% in the past year.

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Cotiviti Completes Recapitalization with KKR and Long-Standing Owner Veritas

KKR

SALT LAKE CITY--(BUSINESS WIRE)--Cotiviti, a leading healthcare data analytics and technology business, announced today the close of its business recapitalization with two premier firms, affiliates of its long-standing partner Veritas Capital (Veritas) and investment funds managed by KKR. KKR and Veritas are now co-sponsors with equal ownership stakes in Cotiviti.

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Amazon Stock Is at an Inflection Point. It's Time to Buy the Stock Like There's No Tomorrow.

The Motley Fool

It's clear that Amazon 's (NASDAQ: AMZN) stock is at an inflection point. After CEO Andy Jassy took over from founder Jeff Bezos, a new emphasis on profitability and cloud computing became evident, which is a massive transformation for Amazon. Gone are the days of haphazard spending on growth; instead, Amazon is growing even faster while generating record profits.

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KKR to Acquire Healthium from Apax Funds

KKR

MUMBAI, India--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of definitive agreements under which funds managed by KKR will acquire Healthium Medtech Ltd. (“Healthium”), a leading Indian medical devices company, from an affiliate of Funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm.

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2024 Social Security Trustees Report: Why We Need Changes Sooner Rather Than Later

The Motley Fool

The 2024 Social Security Trustees Report revealed a slightly improved outlook for the program. A year ago, the government thought benefit cuts would be necessary in 2034. Now, the Social Security Administration expects to fund all scheduled benefits through 2035, and the estimated funding shortfall after that point will be less than previously thought too.

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Healthcare Realty Trust Announces Strategic Joint Venture With KKR

KKR

NASHVILLE, Tenn., May 06, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it has entered into a strategic joint venture (JV) relationship with KKR to jointly own and invest in quality medical outpatient buildings. Healthcare Realty expects to receive approximately $300 million in proceeds for the contribution of a seed portfolio to the JV and will partner with KKR to explore additional acquisitions, including the potential contribution of more Healthc

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Prediction: These 2 Growth Stocks Could Triple By 2030

The Motley Fool

Stocks that can triple in six years aren't easy to find. Doing so requires a compound annual growth rate of 20.1%, well above the broader market's historical performance. However, it isn't impossible. Let's consider two stocks that may have what it takes to pull it off: mid-cap biotech Axsome Therapeutics (NASDAQ: AXSM) and e-commerce specialist Shopify (NYSE: SHOP).

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KKR and Marriott International to Launch Midscale Hospitality Segment in Japan with Four Points Express by Sheraton

KKR

Conversion of 14 hotels marks Marriott International’s debut of affordable midscale segment in Asia Pacific TOKYO--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Marriott International, Inc.

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2 Artificial Intelligence (AI) Stocks to Buy Now That Could Make You a Fortune

The Motley Fool

"AI requires exponentially more computing power and capacity than was previously imagined. " -- Blackstone CEO Stephen Schwarzman There's a gold rush underway in artificial intelligence (AI). The companies that can supply the "picks and shovels" will likely deliver wealth-building gains to their investors. This means the state-of-the-art chips and related computing infrastructure that power the most advanced machine learning applications.

Prospects 246
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Weave Living and KKR Establish Urban Living Strategic Partnership in South Korea

KKR

The venture will target to build an initial portfolio of c.1,200 units primarily in Seoul SEOUL, South Korea--(BUSINESS WIRE)-- WEAVE LIVING (“Weave”), Asia Pacific’s preeminent living sector specialist, and KKR, a leading global investment firm, today announced the establishment of a strategic partnership to invest in rental housing assets in South Korea, with a focus on Seoul.

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Here's the Average Net Worth by Age -- and 1 Simple Way to Increase Your Wealth

The Motley Fool

Many factors can paint a picture of your current financial status, but your net worth is one of the most straightforward figures to see where you stand. Your net worth is essentially a personal balance sheet, accounting for all of your financial assets and liabilities. To calculate your net worth , you'll first need to add up all your assets -- such as cash savings, your home value, and retirement accounts.

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SunFire Announces Investment from KKR

KKR

NEW YORK--(BUSINESS WIRE)-- SunFireMatrix, Inc. (“SunFire” or the “Company”), a leading software and tech-enabled services platform serving the insurance distribution and health plan markets, announced today that it has been acquired by funds managed by KKR, a leading global investment firm. Funds managed by Stone Point Capital LLC, the Company’s previous majority owner, will continue to be a.

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3 Magnificent S&P 500 Dividend Stocks Down 17% to 44% to Buy and Hold Forever

The Motley Fool

The broader stock market is near all-time highs, but that doesn't mean all stocks are. Remember, the stock market is a market of stocks, not a single entity. Despite the index's success, the S&P 500 is littered with stocks nowhere close to their highs. That's a potential buying opportunity for long-term investors who can identify broken stocks while avoiding broken businesses.

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