Sat.Nov 09, 2024

article thumbnail

The Secret to How ExxonMobil Has Transformed Into a Much More Profitable Energy Company

The Motley Fool

ExxonMobil (NYSE: XOM) has come a long way over the last five years. The oil behemoth has transformed into a much more profitable company. It delivered industry-leading profitability during the third quarter, enabling it to provide its shareholders with industry-leading cash returns. On its third-quarter conference call, CEO Darren Woods shared the secrets to the company's success and explained how it has become the most profitable company in the oil patch.

Companies 246
article thumbnail

CVC seeks €700mn for its Italian pharma outsourcer Genetic

Financial Times M&A

Private equity group hires advisers from Rothschild to help it sell majority stake

Stakes 54
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

3 Reasons to Buy Cava Stock Like There's No Tomorrow

The Motley Fool

Most people know the restaurant business is a tough one, with a relatively high failure rate. Only about half of newly opened restaurants are still up and running just a few years later, in fact. That's daunting, to say the least. So what separates the industry's winners from the losers? Obviously, details like pricing, location, and quality of service matter.

Debt 246
article thumbnail

KKR Announces Intra-Quarter Monetization Activity Update for the Third Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced income from monetization activity in excess of $535 million with respect to the period from July 1, 2024 through September 23, 2024 based on information available as of today. In its Asset Management segment, KKR has earned total realized performance income and realized investment income in excess of $450 million.

article thumbnail

My Favorite Dividend King to Buy in November

The Motley Fool

Certifications such as the Good Housekeeping Seal help consumers know which products are safe and perform well. Unfortunately, no Good Housekeeping Seal exists for dividend stocks. However, arguably the next best thing is for a company to belong to the elite group known as Dividend Kings. To qualify, a company must increase its dividend for at least 50 consecutive years.

Prospects 246
article thumbnail

KKR Releases “An Alternative Perspective: Past, Present, and Future”

KKR

New Report Highlights the Private Alternatives Sector’s Expansion Beyond Private Equity and Potential for Future Growth NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “An Alternative Perspective: Past, Present, and Future,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

Assets 40
article thumbnail

My 2 Favorite Stocks to Buy Right Now

The Motley Fool

No one knows how long a bull market might last. On average, these investor-friendly markets tend to last about four years, but each era is different. The shortest bull market in the last century only lasted two months, while the longest one ran from 1987 to the dot-com bubble popping in 2000. The current bull run started after the acute inflation panic in October 2022.

Stakes 246

More Trending

article thumbnail

Where Will CrowdStrike Stock Be in 1 Year?

The Motley Fool

It has been a tumultuous year for cybersecurity giant CrowdStrike (NASDAQ: CRWD). The stock surged to record highs this year before a massive outage undermined confidence in both the company and stock. Still, to the company's credit, the work to restore its credibility began just minutes after the outage, and the cybersecurity stock has recovered from recent lows.

Investors 246
article thumbnail

KKR to Sell GeoStabilization International to Leonard Green & Partners

KKR

All 900+ GSI Employee Owners to Earn Cash Payouts, with Longest Tenured Hourly Employees Each Receiving Over $325,000 in Proceeds DENVER & NEW YORK--(BUSINESS WIRE)-- KKR today announced an agreement to sell GeoStabilization International (“GSI” or the “Company”) to Leonard Green & Partners, L.P. (“LGP”). GSI is a leading provider of geohazard mitigation solutions and roadway safety services.

article thumbnail

2 Brilliant Growth Stocks to Buy Now and Hold for the Long Term

The Motley Fool

We're in the early innings of what could be one of the greatest investment megatrends in history. Supercycles surrounding decarbonization and digitalization are powering tremendous needs for computing power and clean energy. Companies will need to invest trillions of dollars in the years ahead to support their digitalization and decarbonization initiatives.

Prospects 246
article thumbnail

BBVA forms a Strategic Partnership with KKR, investing $200 million in its Global Climate Strategy

KKR

NEW YORK – September, 27th, 2024 – BBVA and leading global investment firm KKR have formed a new strategic partnership to support the decarbonization of the real economy.

article thumbnail

Move Over Nvidia and Palantir, This AI Juggernaut Is Up 628% Year to Date. Can the Stock's Momentum Continue?

The Motley Fool

Move over Nvidia and Palantir Technologies , AppLovin (NASDAQ: APP) took over as the top-performing artificial intelligence (AI) stock in 2024 thanks to the share price surge that followed the release of its third-quarter results. The price jump puts the stock up about 628% year to date as of Nov. 9. AppLovin owns a portfolio of gaming apps but its primary business is an adtech solution to help mobile app developers attract users and better monetize their apps.

article thumbnail

Powin Secures $200 Million in Debt Capital From KKR to Bolster Growth and Innovation in Energy Storage

KKR

PORTLAND, Ore.--(BUSINESS WIRE)--Powin, a global leader in battery energy storage solutions, announced today that it has successfully secured a revolving credit facility of up to $200 million primarily from insurance accounts managed by KKR, a leading global investment firm.

Debt 40
article thumbnail

Cathie Wood Can't Stop Buying Archer Aviation Stock. Should You Invest While It's Still Below $5?

The Motley Fool

Cathie Wood of Ark Invest is best known for her high conviction in emerging themes, disrupting sectors such as technology or life sciences. While Wood has earned her share of media coverage, I'll admit that sometimes I find her investment takes to be somewhat far-fetched. Recently, I noticed that Ark Invest has added a significant chunk to its position in electric takeoff and landing company Archer Aviatio n (NYSE: ACHR).

article thumbnail

Peregrine Closes on Debt Financing from KKR

KKR

BOULDER, Colo. and NEW YORK , Oct. 2, 2024 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility-scale energy storage, and KKR, a leading global investment firm, today announced that Peregrine has closed on a credit facility from insurance accounts managed by KKR that can provide financing for up to $250 million in assets.

Debt 40
article thumbnail

Want $10 Million in Retirement? 1 Simple ETF to Buy and Hold for Decades.

The Motley Fool

Most of us would love to have $10 million stashed away when we retire. Yet most of us will never get there. In fact, most of us will get nowhere close. But that doesn't mean attaining a $10 million nest egg is out of the question. You'll have to remain incredibly disciplined, but if you follow the investing tricks below, you'll only need one exchange-traded fund (ETF) to get you to that magic mark.

article thumbnail

KKR Acquires Leading Near-Airport Parking Provider, The Parking Spot, from Green Courte Partners

KKR

NEW YORK & CHICAGO--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired The Parking Spot (“TPS” or the “Company”), the nation’s leading owner and operator of near-airport parking properties, from an affiliate of Green Courte Partners, LLC, a private equity real estate investment firm. Financial terms of the transaction were not disclosed.

article thumbnail

2 Big 401(k) Changes Coming in 2025

The Motley Fool

On Nov. 1, the IRS rolled out some updates to retirement plans, including 401(k)s, that kick in next year. If you have access to a 401(k), now's the time to roll up your sleeves and dive into the details to help you plan ahead. Here's a look at two key 401(k) changes to keep on your radar as you plan for 2025. If you're close to retirement, one of these changes could be especially beneficial, depending on your financial situation.

Financing 246
article thumbnail

KKR & Co. Inc. to Announce Third 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 third quarter 2024 on Thursday, October 24, 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 Thursday, October 24, 2024 at 10:00 a.m.

article thumbnail

4 Signs You Should Cancel Your Costco Membership Before the End of the Year

The Motley Fool

Image source: Getty Images There's a reason so many loyal Costco customers renew their memberships year after year. Where else can you buy a whole rotisserie chicken for under $5, or fill up your car with the cheapest gas in town? But while a Costco membership has the potential to offer plenty of value, that doesn't mean you should keep paying for it.

Financing 246
article thumbnail

KKR Acquires Portfolio of Four Industrial Warehouses Serving the Central Florida Market

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of four Class A industrial warehouses serving the greater Central Florida market, including Orlando and Tampa. This press release features multimedia. View the full release here: [link] Business Wire) The four industrial.

article thumbnail

Here's What Happens to Your Credit Score When You Apply for a New Credit Card

The Motley Fool

Image source: Getty Images What will happen to your credit score if you open a new credit card today? The short answer is that you're likely to see a minor drop in your credit score when you apply for and open a new credit card. According to several reports, opening a new credit card can be expected to result in a drop between 5 and 10 points on your FICO® Score.

article thumbnail

KKR Invests in Enilive to Accelerate Sustainable Mobility and the Energy Transition

KKR

LONDON & MILAN--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of an agreement under which KKR will acquire a 25% stake in Enilive, Eni’s mobility transformation company dedicated to biorefining, biomethane production, smart mobility solutions, and providing services to support people on the move. Closing of the transaction is subject to customary.

Stakes 40
article thumbnail

Intel Stock Hasn't Been This Cheap in 10 Years. Is It a Buy?

The Motley Fool

Intel (NASDAQ: INTC) stock delivered decent returns from 2010 through 2020, but over the last five years, its shares have been a lousy investment. The stock started to rebound in 2023 before plunging 54% in 2024. The share price is trading at the lowest level since 2013. Anytime a blue chip stock like Intel, a member of the Dow Jones Industrial Average , falls to multiyear lows, it can be easy to declare the stock "cheap" and buy it hoping for a big rebound.

article thumbnail

KKR & Co. Inc. Reports Third Quarter 2024 Results

KKR

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

article thumbnail

1 High-Yield Dividend ETF to Buy to Generate Passive Income

The Motley Fool

Many sources of passive income require some level of activity, like managing a rental property or portfolio of stocks. Others are as passive as they come. You just sit back and watch the passive income flow into your account. Exchange-traded funds (ETFs) offer a much more hands-off approach to generating passive income. One great option is the JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ).

article thumbnail

CVC joins KKR in the acquisition of Superstruct Entertainment

KKR

London, October 28, 2024 – KKR and CVC, two leading global investment firms, today announce that CVC has invested alongside KKR to support Superstruct Entertainment (“Superstruct”) in its next phase of development as one of the world’s premier live entertainment groups.

article thumbnail

With Nvidia Replacing Intel in the Dow Jones, Is It Time to Redefine What It Means to Be a Blue Chip Stock?

The Motley Fool

The Dow Jones Industrial Average (DJINDICES: ^DJI) is making its second major change in 2024. Earlier this year, Amazon (NASDAQ: AMZN) replaced Walgreens Boots Alliance. Now, Nvidia (NASDAQ: NVDA) is swapping with Intel , and Sherwin-Williams is replacing chemical giant Dow. Here's why the shakeups in the 128-year-old index reflect broader market leadership, and why the very definition of what it means to be a blue chip stock could need an update.

article thumbnail

KKR and Energy Capital Partners Announce $50 Billion Strategic Partnership to Support AI Growth Through Investments in Data Centers and Power Generation

KKR

Strategic partnership with available capital and scale ready to meet the urgent need to fund data center, power, and grid infrastructure in the U.S. and globally Scaling of AI and cloud infrastructure in the U.S. expected to cost at least $1 trillion by 2030 NEW YORK & SUMMIT, N.J.--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Energy Capital Partners (“ECP”), the largest.

Capital 40
article thumbnail

Are You One of the 67 Million Americans Eligible for Medicare? Why You Should Review Your Benefits Before It's Too Late.

The Motley Fool

When you sign up for Medicare, you get to customize your coverage to a degree by choosing your own Part D drug plan. You might also decide to sign up for a Medicare Advantage plan to take the place of original Medicare. And if so, that Advantage plan will generally offer coverage for prescriptions as well. You may be inclined to think of your specific Medicare plan as something to set and forget.

246
246
article thumbnail

Birch Creek Closes $150m Credit Facility with KKR

KKR

ST. LOUIS, Oct. 31, 2024 /PRNewswire/ -- Birch Creek Energy, LLC ("Birch Creek"), a utility scale solar and storage developer and independent power producer, and KKR, a leading global investment firm, today announced that Birch Creek has closed on a $150 million credit facility within KKR's High-Grade Asset-Based Finance (ABF) strategy via insurance accounts managed by KKR.

article thumbnail

3 Top REIT Stocks to Buy in November

The Motley Fool

Real estate investment trusts (REITs) are designed to pass income on to investors in a tax-advantageous manner. But all REITs are not the same, not by a long shot. Those in search of a high yield will want to look at W. P. Carey (NYSE: WPC) in November. Dividend growth types should dig into Rexford Industrial Realty (NYSE: REXR). And for investors who think dividend reliability is king, then Federal Realty Investment Trust (NYSE: FRT) could be the right pick.

Taxes 246
article thumbnail

KKR Appoints Georgia Rankin as Executive Advisor

KKR

LONDON--(BUSINESS WIRE)-- Global investment firm KKR announced today the engagement of Georgia Rankin as Executive Advisor to the firm. Ms. Rankin will work closely with KKR’s European Private Equity team to bring innovation and best-in-class executive talent management to the firm’s portfolio companies and future prospective investments. She will focus on building long-term relationships with.

article thumbnail

Should You Buy Nvidia Stock Before Nov. 20?

The Motley Fool

While some investors consider earnings reports boring events, this sentiment changes if the company reporting is highly influential on the market's direction. Right now, one could argue that artificial intelligence (AI) is the most influential theme in the market, so when the AI leader reports, investors better pay attention. Nvidia (NASDAQ: NVDA) is the undisputed leader in AI investing.

Investors 246
article thumbnail

eRESI Secures Additional Investment from KKR

KKR

NEW YORK & CHARLOTTE, N.C.

article thumbnail

Looking for Passive Income? These 3 High-Yield Dividend Stocks Cut You a Check Monthly.

The Motley Fool

Investing in the stock market is a great way to build long-term wealth. However, with countless approaches available, navigating the world of investing can feel overwhelming. One method that stands out for its income generation is dividend investing. Dividend stocks can provide investors with steady, reliable paychecks. Not only that, but these companies have also consistently outperformed their non-dividend-paying peers over long periods.

article thumbnail

KKR Announces Intra-Quarter Monetization Activity Update for the Third Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced income from monetization activity in excess of $535 million with respect to the period from July 1, 2024 through September 23, 2024 based on information available as of today. In its Asset Management segment, KKR has earned total realized performance income and realized investment income in excess of $450 million.