The Motley Fool

NOVEMBER 10, 2023

Shares of renewable energy company Plug Power (NASDAQ: PLUG) plunged 41.3% through 11:05 a.m. ET Friday morning after the company reported a big earnings miss last night. Heading into Q3, analysts weren't exactly optimistic about Plug, predicting the hydrogen fuel cell manufacturer and hydrogen gas producer would lose $0.30 per share on sales of only $238.9 million -- yet Plug managed to underperform even these predictions.

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PE Hub

NOVEMBER 10, 2023

HealthComp is a next-generation benefits and analytics platform. The post Health tech firm Virgin Pulse and New Mountain-backed HeathComp complete merger appeared first on PE Hub.

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The Motley Fool

NOVEMBER 10, 2023

Nvidia has been one of the hottest artificial intelligence (AI) stocks on the market in 2023, with its shares having more than tripled thanks to the way AI has supercharged the its revenue and earnings growth. However, Nvidia isn't the only stock that has won big from the proliferation of AI. Shares of Super Micro Computer (NASDAQ: SMCI) have matched Nvidia's returns in 2023 with gains of 208%.

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Returns Companies Investors Investing 246

PE Hub

NOVEMBER 10, 2023

Regional Rail is an owner and operator of short-line freight railroads across North America. The post 3i-backed Regional Rail to buy Indiana Eastern Railroad and Ohio South Central Railroad appeared first on PE Hub.

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The Motley Fool

NOVEMBER 10, 2023

The S&P 500 (SNPINDEX: ^GSPC) gained nearly 6% during the first week of November, marking its best weekly performance of the year. That upward momentum was broad-based in nature: 159 stocks in the S&P 500 (nearly one-third of the index) also had their best weeks of the year, according to The Wall Street Journal. The primary driver of that momentum was action (or lack thereof) taken last week by the Federal Reserve.

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PE Hub

NOVEMBER 10, 2023

Round Hill Music Royalty Partners and HarbourView Equity Partners are two PE firms that have been especially active in this sector this year. The post Striking the right key: 5 notable PE deals in music royalties appeared first on PE Hub.

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PE Hub

NOVEMBER 10, 2023

PE bets on music rights with five notable deals. The post Thoma Bravo, FP and TPG close take-private transactions; plus, 5 PE-backed music deals appeared first on PE Hub.

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The Motley Fool

NOVEMBER 10, 2023

Image source: Getty Images Every year, the IRS makes inflation adjustments to the U.S. tax brackets to make sure the rates are applying to the same amount of spending power. The 2024 figures were just announced, and because inflation remained at a historically high level throughout 2023, the income ranges that correspond to each marginal tax rate are increasing substantially for the 2024 tax year.

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PE Hub

NOVEMBER 10, 2023

According to terms of the deal, NextGen Healthcare shareholders will receive $23.95 per share in cash. The post Thoma Bravo takes NextGen Healthcare private for $1.8bn appeared first on PE Hub.

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Shareholders 191

The Motley Fool

NOVEMBER 10, 2023

Shares of Medical Properties Trust (NYSE: MPW) fell hard on Friday, down 8.6% on the day. The hospital-focused real estate investment trust (REIT) has been absolutely hammered this year, as quickly rising interest rates have not only hurt valuation, but also forced the company to grow at a slower pace and attempt to de-lever the business with asset sales.

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PE Hub

NOVEMBER 10, 2023

The stock will trade on the New York Stock Exchange under the ticker symbol "TFG." The post Warburg Pincus-backed specialty insurance provider Fortegra files for IPO appeared first on PE Hub.

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New York Stock Exchange Stock Exchanges 186

The Motley Fool

NOVEMBER 10, 2023

If you thought 2023 was an exciting year for artificial intelligence (AI), wait until you see what 2024 has to offer. Although the AI revolution was unofficially kicked off in late 2022 when ChatGPT rose to fame, 2023 saw many incredible releases by some of the biggest tech names in the industry. 2024 will surely bring more of the same, as many of these products are starting to be launched to broader, business-focused audiences.

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PE Hub

NOVEMBER 10, 2023

TorQuest invested in McKeil in 2016, partnering with the existing management team and shareholders. The post Astatine buys marine transport biz McKeil Marine from TorQuest appeared first on PE Hub.

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The Motley Fool

NOVEMBER 10, 2023

Image source: Getty Images Grocery prices have moderated as inflation has cooled. Despite that, food costs were still up 2.4% in September, according to the Consumer Price Index. So if your supermarket credit card tab still seems higher than average, that could be a reason why. But it's probably not the only reason. The reality is that supermarkets have a sneaky way of convincing consumers to spend money they had no intention of parting with.

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Private Equity Insights

NOVEMBER 10, 2023

(Bloomberg) — The Abu Dhabi Investment Authority, which controls almost $1 trillion in assets, is part of the KKR & Co.-led consortium acquiring Telecom Italia’s landline network. ADIA is one of the controlling investors of acquisition vehicle Optics Bidco, according to a statement that Telecom Italia filed late Monday. The sovereign wealth fund’s involvement was first reported by Bloomberg in July.

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Buyout Private Equity Firms Private Equity Firms Funds 147

The Motley Fool

NOVEMBER 10, 2023

It's a good time to be an investor in big pharma. Take Eli Lilly (NYSE: LLY) , for example; its shares are up by 495% in the last five years alone, dramatically outperforming the S&P 500 's return of just 69%. But can the company wow the market once again over the next five years? There's a good chance that the answer to that question is yes, and here's why.

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Assets Shareholders Returns Companies 246

A Wealth of Common Sense

NOVEMBER 10, 2023

Boring old money market funds are the hottest thing in fund flows this year. Just look at the massive amount of money that has poured into these things: There’s a good reason these funds saw stagnating asset growth in the 2010s — there was no yield. Now there is. Bloomberg’s Eric Balchunas and Jeff Seyffart show how banks and fund companies across the board are vacuuming up money now that money market f.

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Assets Banks Funds Companies 140

The Motley Fool

NOVEMBER 10, 2023

Solar energy stocks continued their slide this week, as investors feared the worst for the renewable energy market. Not only are installations dropping, higher rates are squeezing margins, and not all companies will be able to weather the storm. According to data provided by S&P Global Market Intelligence , Maxeon Solar Technologies (NASDAQ: MAXN) fell 17.6% since Friday's close, SunPower (NASDAQ: SPWR) is down 15.5%, and NextEra Energy Partners (NYSE: NEP) is down 13.3%.

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Financial Times M&A

NOVEMBER 10, 2023

Daily Mail owner is drawing up plan to fund bid on its own

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The Motley Fool

NOVEMBER 10, 2023

Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) , Advanced Micro Devices (NASDAQ: AMD) , and Broadcom (NASDAQ: AVGO) were on the rise Friday, appreciating 6.2%, 4.8%, and 4.7%, respectively, as of 2:14 p.m. ET. The semiconductor industry has been in a downturn for most of 2023, with investors wondering when the sector will recover, and also what the trajectory of that recovery would be.

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Investors Companies Returns Investing 246

Financial Times: Moral Money

NOVEMBER 10, 2023

Also in today’s newsletter, some of the world’s largest polluters are getting dirtier

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The Motley Fool

NOVEMBER 10, 2023

Shares of advertising technology (adtech) company The Trade Desk (NASDAQ: TTD) got crushed on Friday after the company provided financial guidance that fell short of Wall Street's expectations. As of 10 a.m. ET, The Trade Desk stock was down roughly 18%. The Trade Desk rarely disappoints The Trade Desk just reported financial results for the third quarter of 2023, and Q3 numbers didn't disappoint.

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Private Equity Insights

NOVEMBER 10, 2023

UK private equity firm Inflexion is selling off Chambers and Partners five years after it acquired it, in a deal valued at more than £400m. According to the Financial Times , the business is being sold to US investment group Abry Partners. Inflexion bought the legal ranking and insights business in March 2018, in what City A.M. understood at the time to be between £35m and £50m.

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Private Equity Firms Private Equity Firms Legal Law Firms 130

The Motley Fool

NOVEMBER 10, 2023

Image source: Getty Images Series I Savings Bonds -- more commonly known as "I bonds" -- are designed to protect the purchasing power of your money from the damaging effects of inflation. And while these instruments come without risk and could end up paying quite a lot if inflation heats up, they aren't perfect for everyone. Here's a quick rundown of the perks and potential drawbacks of buying I bonds in 2024 to help you decide if they're the right fit for your saving and investing strategy.

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Private Equity Insights

NOVEMBER 10, 2023

PSG Equity (PSG), a growth equity firm partnering with software and technology-enabled services companies in Europe, North America and Israel to help accelerate their growth, has held the final close of PSG Europe II (PSGE II), the firm’s second Europe-focused fund, with more than €2.6 billion in commitments Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up PSGE II, one of the largest growth equity funds raised to invest exclusively in Eur

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The Motley Fool

NOVEMBER 10, 2023

Shares of Hawaiian Electric Industries (NYSE: HE) plunged on Friday, with shares down 17.1% on the day. Hawaiian Electric's shares were down following last night's third-quarter earnings report and update. While the company actually beat expectations on its top and bottom lines, the utility is still dealing with the fallout of this past summer's tragic wildfires.

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Private Equity Insights

NOVEMBER 10, 2023

New York-based private equity firm Harvest Partners (Harvest), has closed it latest buyout fund, Harvest Partners IX and its parallel funds (HP IX) with $5.34bn in capital commitments, ahead of its $5.25bn target. HP IX is 30% larger than the firm’s previous private equity fund, which raised $4.1bn in 2019 and has been fully deployed. Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Founded in 1981, Harvest has over 40-years of history of

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The Motley Fool

NOVEMBER 10, 2023

Image source: The Motley Fool. StoneCo (NASDAQ: STNE) Q3 2023 Earnings Call Nov 10, 2023 , 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good evening, ladies and gentlemen. Thank you for standing by. Welcome to the StoneCo third-quarter 2023 earnings conference call. By now, everyone should have access to our earnings release.

Banks 147

Banks Securities and Exchange Commission (SEC) Taxes Financial Services 147

Private Equity Insights

NOVEMBER 10, 2023

SWEN Capital (SWEN), a European private equity firm with over €7.7bn in AUM, has held the final close of the second vintage of its European infrastructure fund, SWIFT 2, an impact fund dedicated to renewable gas investments at €580m. The fund raised more than twice its original target, and more than three times the final close of its predecessor fund SWIFT 1.

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The Motley Fool

NOVEMBER 10, 2023

It's been a rough year for the biotech industry, which as a whole has substantially lagged the broader market. Just look at the performance of the SPDR S&P Biotech ETF , an industry benchmark. What's more, some biotechs have been encountering their own company-specific issues. Two worth a closer look today are Amgen (NASDAQ: AMGN) and Moderna (NASDAQ: MRNA) whose prospects really don't look as bad as their year-to-date performances suggest.

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Private Equity Insights

NOVEMBER 10, 2023

Nordic Capital is to acquires a majority share in IntegriChain, a provider of pharmaceutical technology, data, consulting, and outsourcing solutions designed to improve how life sciences products reach customers. IntegriChain delivers ICyte, a fully integrated platform for commercialisation and market access, helping manufacturers bring their science to market while ensuring patients have affordable, timely, and sustainable access to therapy.

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The Motley Fool

NOVEMBER 10, 2023

In this video, I will talk about Unity Software 's (NYSE: U) third-quarter earnings and explain why I am selling my shares and moving on to better things despite the company being half of a duopoly. *Stock prices used were from the trading day of Nov. 9, 2023. The video was published on Nov. 10, 2023. 10 stocks we like better than Unity Software When our analyst team has a stock tip, it can pay to listen.

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Private Equity Professional

NOVEMBER 10, 2023

RidgeLake Partners has made a minority investment in Gridiron Capital. RidgeLake was formed by OA Private Capital (Ottawa Avenue Private Capital) and Apogem Capital, a subsidiary of New York Life, as a platform to acquire non-control equity interests in middle market private equity firms. “RidgeLake’s investment and partnership with Gridiron will allow us to accelerate… This content is for members only.

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Capital Private Equity Firms Private Equity Firms Investing 130

The Motley Fool

NOVEMBER 10, 2023

Shares of Plug Power (NASDAQ: PLUG) are crashing on Nov. 10 after the company filed a going concern notice in its 10-Q quarterly report. In this video, Motley Fool contributor Jason Hall breaks down what that means, and why it spells massive risk for investors. *Stock prices used were from the morning of Nov. 10, 2023. The video was published on Nov 10, 2023. 10 stocks we like better than Plug Power When our analyst team has a stock tip, it can pay to listen.

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