Sat.Dec 16, 2023

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3 Ways to Achieve Your Financial Goals This New Year

The Motley Fool

Image source: Getty Images For many people, a new year is a time for growth. It's also a popular time to make resolutions. Research from The Ascent shows that 67% of Americans hope to tackle financial resolutions next year. Now is the perfect time to sit down and plan what goals you want to reach. You can do it no matter how big or small your goals are.

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MiB: Michael Rockefeller, Woodline Partners

The Big Picture

This week, we speak with Michael Rockefeller , Co-Chief Investment Officer and co-founder of Woodline Partners. The firm launched in 2019 with around $2 billion in initial assets, and became one of the fastest-growing emerging funds over the past few years. They now manage $7 billion in assets. The hedge fund implements a market-neutral equity strategy, focused on generating “idiosyncratic alpha” and “avoiding systemic risk factors.

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There's a Big Problem With the 2024 Social Security COLA

The Motley Fool

In just a couple of weeks, every retiree who receives Social Security benefits will get a raise. Beginning in 2024, monthly payments will increase by 3.2%. This is an annual rite of passage for Social Security recipients. The Social Security Administration (SSA) calculates the cost-of-living adjustment (COLA) for the next year in October, with the increase going into effect in the following January.

Law Firms 264
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Caliway Biopharmaceuticals Secures Over $100M

FinSMEs

Caliway Biopharmaceuticals, a Taipei, Taiwan-based clinical-stage biopharmaceutical company listed on the stock market in Taiwan (TPEX6919), closed an oversubscribed capital raise, securing over $100M by issuing 8 million new shares. The company intends to use the funds to advance the clinical development of its lead pipeline CBL-514, a small-molecule injectable drug that reduces subcutaneous fat in treatment areas. […] The post Caliway Biopharmaceuticals Secures Over $100M appeared first

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3 Passive Income Powerhouses to Buy Before the End of the Year

The Motley Fool

When the S&P 500 is up big on the year, it's easy to miss the value of reliable dividend stocks. After all, what good is a 3% yield if the market is up nearly 20%? But the value of quality dividend stocks isn't how they perform during a strong market -- it's that they deliver regular quarterly payments no matter what the market is doing. The best dividend-paying companies take it a step further by raising their dividends every year, even during recessions.

Capital 264
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Outcomes First Group Receives Majority Investment From The Rise Fund and InvestCorp

FinSMEs

The Rise Fund, TPG’s multi-sector impact investing strategy firm, and Investcorp, a global alternative investment firm, signed a definitive agreement together with Stirling Square Capital Partners to acquire a majority investment in Outcomes First Group, a UK-based provider of education to young people and adults with autism, learning disabilities, and other complex Special Education Needs […] The post Outcomes First Group Receives Majority Investment From The Rise Fund and InvestCorp appe

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Clinisupplies Acquires Aquaflush TAI Portfolio to Continue Building a Leading Chronic Care Organisation

KKR

LONDON--(BUSINESS WIRE)-- Clinisupplies Limited (“Clinisupplies”), a leading manufacturer and supplier of continence care consumables, today announced the acquisition of the Aquaflush transanal irrigation (“TAI”) business from Renew Medical Inc. and Renew Medical UK Limited, a US and UK manufacturer of continence products (together “Renew”). The acquisition of the Aquaflush TAI range will.

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3 No-Brainer Dividend Stocks to Buy and Hold for 20 Years

The Motley Fool

Successful investing is not as complicated as some make it out to be. Sticking with the brands you use every day, and holding for many years, is a great place to start. Top stocks, such as Apple (NASDAQ: AAPL) , Starbucks (NASDAQ: SBUX) , and Costco Wholesale (NASDAQ: COST) , have a long record of beating the market's average return. The best part is that these companies are so consistent in generating profitable growth from their businesses that they dish out a steady stream of growing dividend

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KKR to Invest $400 Million in Leading Neutral Subsea Telecommunications Cable Services Provider OMS Group

KKR

Transaction builds on KKR’s strong momentum in Southeast Asia digital infrastructure SINGAPORE--(BUSINESS WIRE)-- KKR, a leading global investment firm, and the parent company of OMS Group (or the “Company”), a leading telecom infrastructure company and provider of subsea cable services, today announced the signing of definitive agreements under which KKR will commit $400 million in a tailored.

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Could Pfizer Stock Help You Become a Millionaire?

The Motley Fool

Having at least $1 million in the bank by retirement has long been a popular goal, but it isn't easy to accomplish. One of the best ways to do so is to invest in stocks, and the earlier one starts, the better. Naturally, all stocks aren't created equal, and while some will substantially contribute to making investors millionaires, others might do the opposite.

Buyout 246
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KKR Announces Completion of Acquisition of Simon & Schuster from Paramount

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the successful completion of the previously announced acquisition of Simon & Schuster from Paramount Global (NASDAQ: PARA, PARAA) in a $1.62 billion all-cash transaction. With the closing of the deal, Simon & Schuster is now a standalone private company, and the only independent major trade publisher in the U.S.

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Nearing Retirement? Make Sure You Can Say Yes to This Key Question.

The Motley Fool

When you're working and contributing to a retirement plan, you're supposed to invest your savings so your money can grow into a larger sum over time. And once you're retired, it's best to largely keep your nest egg invested in various assets. That way, your money can continue growing, even as you're taking withdrawals. You'll often hear that it's a good idea to shift away from stocks during retirement and invest more heavily in bonds.

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KKR & Co. Inc. Reports Third Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its third quarter 2023 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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Want to Gain $1,000 of Annual Dividend Income in 2024? Invest $11,930 in These Unstoppable, High-Yield Dividend Stocks

The Motley Fool

If you're worried about having enough passive income after you retire, there are plenty of options. Purchasing real estate to rent out is a popular option, but those rental properties will generate losses if you can't maintain them and find tenants who can pay their bills. If you're interested in truly passive income, consider these dividend-paying stocks.

Investing 246
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KKR announces final result of the voluntary public takeover offer for all outstanding shares of OHB SE

KKR

8 November 2023 - 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 final result of the voluntary public takeover offer to shareholders of OHB SE (ISIN: DE0005936124, “OHB”).

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Here Are My Top 10 Stocks for 2024

The Motley Fool

As we approach 2024, I've started compiling a list of stocks I believe will have a strong year. While some of these stocks had an incredible 2023, they are still positioned to succeed in 2024. While the reasons behind these ideas are varied, I'm confident that each of these stocks should make money in 2024. But even if they don't, I'm confident all of them will beat the market over five years. 1.

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KKR supports InVivo in the global expansion of Malteries Soufflet

KKR

KKR continues to scale its strategic partnership with InVivo and Malteries Soufflet by more than doubling its investment as Malteries Soufflet acquires United Malt, creating the world’s largest maltster

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2 ETFs I Like More Than Invesco QQQ Trust for 2024

The Motley Fool

Reflecting on the stock market in 2023, I can honestly say many major indexes and companies performed better than expected. All three major indexes ( S&P 500 , Dow Jones Industrial Average , and Nasdaq Composite ) are positive for the year, and unless something drastic happens, they should finish the year that way. One of the bigger winners of 2023 has been the Invesco QQQ ETF (NASDAQ: QQQ) , which mirrors the Nasdaq-100 index.

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KKR Releases “A New Foundation for Global Wealth: Rebuilding Portfolios for the New Regime”

KKR

New KKR Report Focuses on Role of Private Markets in Individual Investor Portfolios NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the release of “A New Foundation for Global Wealth: Rebuilding Portfolios for the New Regime” by Paula Campbell Roberts, Chief Investment Strategist for Private Wealth. This is the first release in Investing for Wealth, a planned.

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Coca-Cola Doesn't Make Money Selling Cans of Soda. Here's What It Sells Instead.

The Motley Fool

Coca-Cola (NYSE: KO) doesn't even make most of the cans of Coca-Cola you see; it's making something else entirely. Most of the beverage giant's revenue comes from selling syrup and concentrates to bottlers, who are on the front lines selling Coca-Cola's products. In this video, Travis Hoium explains how the business works and why Coca-Cola has outsourced bottling in the U.S. and around the world.

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KKR to Present at the Goldman Sachs 2023 US Financial Services Conference

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Scott C. Nuttall, Co-Chief Executive Officer, will present at the Goldman Sachs 2023 US Financial Services Conference on Wednesday, December 6, 2023 at 8:40AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

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Is Amazon Stock a Buy Now?

The Motley Fool

It's not exactly a secret that Amazon (NASDAQ: AMZN) is one of the best-performing stocks of the past decade. Indeed, despite being a relatively young company, Amazon is one of the market's most rewarding stocks of all time. As the old adage goes, though, past performance is no guarantee of future results. This company superficially seems to be running out of ways to keep growing at the same pace it has in the past.

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KKR Acquires Potter Global Technologies

KKR

All Employees to Become Owners in the Company ST LOUIS, Mo. & NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that investment funds managed by KKR have acquired Potter Global Technologies (“Potter” or the “Company”), a leading manufacturer of fire and life safety equipment, from Gryphon Investors. KKR plans to support the Company in its continued growth.

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1 Growth Stock Down 91% to Buy Hand Over Fist for 2024

The Motley Fool

Fool.com contributor Parkev Tatevosian highlights one of his top growth stocks to buy for 2024 and beyond. *Stock prices used were the afternoon prices of Dec. 14, 2023. The video was published on Dec. 16, 2023. Should you invest $1,000 in Fiverr International right now? Before you buy stock in Fiverr International, 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 Fiverr International wasn't one of th

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KKR to Acquire Remaining 37% of Global Atlantic for $2.7 Billion in All-Cash Transaction

KKR

Closer Coordination and Alignment Expected to Further Accelerate Growth of Both KKR and Global Atlantic KKR Announces Other Strategic Initiatives to Benefit Shareholders KKR and Global Atlantic to Host a Conference Call at 10:00 a.m. EST NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group LLC (“Global Atlantic” or “GA”) today announced.

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Patients Regain Weight After They Quit Using Ozempic Rival Zepbound. Here's Why That Makes Eli Lilly Stock an Even Better Buy.

The Motley Fool

Seemingly bad news can sometimes be really good news. I think a recent study for Eli Lilly 's (NYSE: LLY) rival to Novo Nordisk 's massively successful Ozempic and Wegovy provides a great case in point. Results from the Surmount-4 clinical trial were published on the Journal of the American Medical Association 's website on Dec. 11, 2023. Researchers found that patients who took Lilly's weight loss drug tirzepatide (marketed as Zepbound for weight loss and Mounjaro for type 2 diabetes) regained

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KKR, Hologic and Ajax Health Create New Platform to Accelerate Medical Device Innovation

KKR

Platform Will Focus on Technologies to Detect Lung Cancer, the Leading Cause of Cancer Deaths NEW YORK & MARLBOROUGH, Mass.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced a new platform established with investments from KKR and Hologic, Inc. (Nasdaq: HOLX), a global leader in women’s health and medical technology innovator.

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Will Palantir Stock Join the S&P 500 in 2024?

The Motley Fool

Artificial intelligence (AI) stocks have captivated investor attention this year like nothing else. The launch of ChatGPT a year ago opened the market's eyes to the potential of new generative AI technologies, and investors have raced to find potential winners. Palantir Technologies (NYSE: PLTR) has been one of the top AI stock picks, due to its prowess in artificial intelligence-driven data analytics.

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KKR Expands DACH Presence With New Office In Zurich

KKR

Zurich, 7 December 2023 – KKR, a leading global investment firm, today announced the opening of a new office in Zurich, Switzerland, solidifying its presence in one of the world's most important institutional and wealth management centers. The KKR office opens with individuals representing KKR’s Global Client Solutions team and will also serve as a Swiss base for investment professionals covering the DACH region.

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Can Nvidia Stock Hit $1,000 in 2024?

The Motley Fool

Leading accelerated computing player Nvidia (NASDAQ: NVDA) has emerged as a Wall Street darling amid the artificial intelligence (AI) frenzy of 2023. The launch of OpenAI's famous chatbot ChatGPT also highlighted the role of Nvidia's graphics processing units (GPUs) in training and deploying large language models (LLMs), which drive generative AI applications like ChatGPT.

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Ajax Health Establishes Cortex, a Comprehensive AFib Ablation Technology Company, with $90 Million Investment Led by KKR and Hellman & Friedman

KKR

MENLO PARK, Calif., Dec. 7, 2023 /PRNewswire/ -- Ajax Health announced today the formation and funding of Cortex, a medical technology company developing an integrated mapping and ablation solution suite for the treatment of atrial fibrillation (AFib), the most common heart rhythm disorder, affecting more than 30 million patients worldwide. Cortex has raised $90 million in funding commitments led by KKR and Hellman & Friedman (H&F) with participation by other investors including AI Life

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4 Unequaled Growth Stocks You'll Regret Not Buying in the Wake of the Nasdaq Bear Market Dip

The Motley Fool

It's been a truly banner year for Wall Street. All three major stock indexes have rallied strongly from their 2022 bear market lows, with the growth stock-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC) leading the charge. Through the closing bell on Dec. 13, the Nasdaq was higher by 41% for the year. Yet in spite of this massive return, Wall Street's favorite innovation-powered index remains 8% below its all-time closing high, set a little over two years ago.

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KKR Appoints Dane E. Holmes as Chief Administrative Officer

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced the appointment of Dane E. Holmes as Chief Administrative Officer (CAO), effective December 29, 2023. As CAO, he will join the firm’s leadership team and oversee and work with the existing leaders of a number of key functions, including KKR’s Human Capital, Communications, Marketing, Sustainability, and Citizenship teams.

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Intel's New Server Chips Make Gains on AMD

The Motley Fool

Emerald Rapids, the latest generation of Xeon server CPUs from Intel (NASDAQ: INTC) , officially launched on Dec. 14. While Emerald Rapids uses the same Intel 7 manufacturing process as Sapphire Rapids, which launched in January, architectural changes, coupled with a vast increase in cache memory, deliver impressive performance gains. Advanced Micro Devices ' (NASDAQ: AMD) Genoa server CPUs still hold the advantage for workloads that can make good use of many cores.

Returns 245