Mon.Oct 21, 2024

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The Lesser-Known Reason Costco Installed New Membership Card Scanners in Stores

The Motley Fool

Image source: Upsplash/The Motley Fool It's not unusual for stores to make changes to policies and practices over time. And Costco is no exception. In recent months, Costco has taken to installing membership card scanners at the front of its stores. And the general consensus is that Costco's goal in doing so is to put an end to membership sharing. Indeed, Costco has been cracking down on non-members by banning them from its food courts.

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Elevate M&A deal sourcing while traveling

Private Equity Info

Traveling to conferences or client site visits can be daunting and perhaps a little stressful if you aren’t equipped with the right information. Private Equity Info can help ease that burden by arming you with the tools and resources you need to stay informed.

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3 Vanguard ETFs That Can Provide Lifetime Passive Income

The Motley Fool

Generating passive income is a cornerstone of financial independence. It creates steady cash flows without requiring active involvement, allowing investors to focus on other aspects of their lives or pursue additional opportunities. For many, the ultimate goal is to build a portfolio that generates enough passive income to cover living expenses indefinitely.

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Behind AustralianSuper’s global expansion

Top 1000 Funds

London-based AustralianSuper deputy CIO Damian Moloney oversees the global expansion plans of Australia’s largest superannuation fund. While a global presence has clear benefits for the fund and its members, Moloney’s advice to others contemplating the same is to plan extensively and build early.

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Where Will Enbridge Be in 5 Years?

The Motley Fool

Enbridge (NYSE: ENB) has evolved over the years. It has transitioned from an oil pipeline company to a more diversified energy infrastructure operator. The pipeline and utility company currently gets half its earnings from liquids pipelines and the other half from lower carbon energy, like natural gas and renewables. The Canadian energy infrastructure company's steady pivot toward lower carbon energy will undoubtedly continue over the next five years.

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Nigeria rejects Shell’s planned sale of $1.3bn onshore production unit

Financial Times M&A

The decision comes the same day as ExxonMobil wins approval for its long-delayed asset sale in Niger Delta

Assets 99
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Amid Warren Buffett's $132 Billion Warning to Wall Street, He Can't Stop Buying Shares of These 4 Unstoppable Stocks

The Motley Fool

Arguably no money manager is more closely followed on Wall Street than Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett. Aside from being an open book and willingly sharing the traits he looks for when putting his company's capital to work , the Oracle of Omaha has overseen a greater than 5,600,000% cumulative return in his company's Class A shares (BRK.A) since taking over in the mid-1960s.

Banks 246

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Could Taiwan Semiconductor Manufacturing Stock Help You Retire a Millionaire?

The Motley Fool

You can't talk about artificial intelligence or chip stocks without talking about Taiwan Semiconductor Manufacturing (NYSE: TSM) , or TSMC as it's also known. The company invented the pure-play foundry business model in 1987, meaning it manufactures chips only for other chip companies rather than its own designs, and it's the dominant player in that industry today.

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Meet the Future of Financial Tech: Winners of AdviceTech of XYPN LIVE 2024

XY Planning Network

Join us at XYPN LIVE 2024 for the AdviceTech Competition, where innovative solutions are showcased, with CurrentClient winning Best in Show and Quivr CRM as Advicer’s Choice!

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Is This Simple Index Fund a Millionaire Maker?

The Motley Fool

It's not easy to beat the S&P 500 index. Most professional investors don't, even though they charge an arm and a leg for managing your money. Ironically, you don't need some fancy, complex trading strategy to produce fantastic investment results. The right approach, no matter how simple, can produce stellar results. And sometimes, simplicity is better.

Funds 246
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Do businesses need to care about biodiversity?

Financial Times: Moral Money

As COP16 kicks off, questions swirl over the value of corporate disclosure of nature-related risks

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All It Takes Is $900 Invested in Coca-Cola and Each of These 2 Super-Safe Dividend Stocks to Help Generate Over $80 in Passive Income Per Year

The Motley Fool

The stock market is riskier than bonds, a high-yield savings account, or just keeping your money in cash. But it's important to understand that some stocks are far safer than others (although never risk-free). When searching for safe stocks, some characteristics to consider are the company's industry and whether it has a business model and balance sheet that can hold up well during an economic downturn.

Investing 246
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Linden Capital eyes up to $4.5bn for latest flagship healthcare fundraise

AltAssets

Healthcare investor Linden Capital is upping the stakes for its latest flagship fundraise, with eyes on up to $4.5bn for the vehicle. The post Linden Capital eyes up to $4.5bn for latest flagship healthcare fundraise appeared first on AltAssets Private Equity News.

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Why UPS Stock Is Down Today

The Motley Fool

A Wall Street analyst is souring on United Parcel Service (NYSE: UPS) , and the stock is losing ground on the news. Shares of UPS traded down 3% as of 1:15 p.m. ET after the stock was downgraded to underweight at Barclays. No way out of the slow lane UPS and other shipping companies have been stuck in neutral of late. Concerns about the economy have made large shipping customers cautious, creating soft demand and limiting pricing power.

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Saudi Arabia-backed SVC commits to $90m-targeting Vision Ventures fundraise

AltAssets

Government-backed VC investor Saudi Venture Capital has committed $15m to a new fund being raised by Vision Ventures. The post Saudi Arabia-backed SVC commits to $90m-targeting Vision Ventures fundraise appeared first on AltAssets Private Equity News.

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Does Social Security's 2025 Cost-of-Living Adjustment (COLA) Spell Trouble for Your Retirement Income?

The Motley Fool

If you are retired or nearing retirement , you may be uneasy about your financial situation. You wouldn't be alone. A recent survey from The Senior Citizens League (TSCL) -- a senior citizen advocacy organization -- showed 62% of seniors fear that soon they won't be able to cover basic essentials like food and utilities. That's a pretty dire picture.

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Liberty Hall closes continuation fund, increases invested capital to over $1bn

Private Equity Wire

Private equity firm Liberty Hall Capital (Liberty Hall) has successfully closed an oversubscribed single-asset continuation fund to support the continued growth of Comply365, a global compliance, safety, and training platform serving the aviation, defence, and rail industries. The newly formed fund will allow Liberty Hill, which focuses exclusively on the global aerospace and defence industry, to continue to support Comply365’s go-forward investment strategy and accelerate growth through strateg

Capital 80
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Is Super Micro Computer a Millionaire-Maker Stock?

The Motley Fool

Super Micro Computer (NASDAQ: SMCI) has been through an interesting 2024. It started the year as one of the hottest stocks to own, tripling its share price in less than three months. Then, it slowly declined after investors took profits, and Supermicro (as the company is often called) reported a bad earnings report. To make matters worse, Hindenburg Research, a famed short-selling firm, reported that Supermicro was involved in accounting fraud, triggering a Department of Justice (DOJ) probe into

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ARX holds first close of fifth fund, eyes Czech Republic

Private Equity Wire

ARX Equity Partners (ARX), a lower mid-cap focused private equity firm operating in Central Europe, has secured the first close of its fifth fund, ARX CE V (the Fund), with total subscribed commitments of €78m. The fund, which has a target of €100m and hard-cap of €125m, will continue to execute ARX’s strategy of investing in lower mid-cap SMEs in selected Central European countries, with a focus on B2B businesses operating in areas such as manufacturing and business services, and select sub-sec

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4 Ways to Use Your Required Minimum Distribution (RMD) Strategically in Retirement

The Motley Fool

Just because you're done saving and growing your money for retirement doesn't mean you have to stop thinking strategically about it. Indeed, you should make a point of continuing to think. Although your allocation may look different than it did in the past, how you move and manage these assets in retirement arguably matters even more in retirement than it did while you were working.

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Emerging Africa Infrastructure Fund expands to Asia, eyes $1bn of investment over next four years

AltAssets

The Emerging Africa Infrastructure Fund has rebranded as part of a push to expand the vehicle's mandate to south and southeast Asia. The post Emerging Africa Infrastructure Fund expands to Asia, eyes $1bn of investment over next four years appeared first on AltAssets Private Equity News.

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This Is the Average 401(k) Balance Across All Age Groups

The Motley Fool

Investing in a 401(k) is a powerful way to save for retirement. These plans boast higher contribution limits than IRAs, and some offer other perks like matching contributions -- making it easier to save more over time. How much you should have saved, though, will depend entirely on your situation and goals. The average worker expects to need around $1.8 million to retire comfortably, according to a 2024 survey from Charles Schwab, but some retirees will need far less or even more than that.

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CD&R to acquire 51% stake in Sanofi’s consumer health business Opella

Private Equity Wire

US private equity firm Clayton Dubilier & Rice (CD&R) has reached agreement on the terms to acquire a controlling 51% stake in Sanofi’s consumer health division Opella, according to a report by Reuters citing sources within the French government. The deal was finalised after CD&R provided assurances to France regarding the preservation of jobs and production within the country, following discussions involving Sanofi, CD&R, and the government.

Stakes 76
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The Best and Worst Times to Shop at Costco

The Motley Fool

Image source: Getty Images Between the deals and the bulk discounts, it's easy to save money at Costco. But all the savings in the world are not enough to make a Costco warehouse tolerable when it's packed with a sea of oversized carts jousting for free sample access. If you're tired of battling the crowds, changing when you shop at Costco can make a big difference.

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BlackFin Capital Partners closes €1.8bn asset light financial service buyout fund

Private Equity Wire

BlackFin Capital Partners, a leading European financial services sector investment specialist, has held the final close of BlackFin Financial Services Fund IV with €1.8bn, taking the firm’s total assets under management to $4bn. The fund, which attracted strong support from institutional investors in Europe (45%), the Americas (45%), and Asia (10%), significantly exceeds an initial €1.5bn target, and provides the firm with 80% more capital to deploy than its predecessor €985m Fund III.

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Why I'm Not Opening Any CDs in 2024 -- Even Though Rates Are Still Near 5%

The Motley Fool

Image source: Getty Images The long-awaited first Federal Reserve rate cut finally arrived on Sept. 18 -- but CD rates (particularly those on short-term CDs) are still fairly high for now. As of this writing, the top rate on our list of the best 6-month CD rates is 4.90% -- not bad! But another FOMC (Federal Open Market Committee) meeting is coming up in a few short weeks, and we expect to see another cut to the benchmark rate on Nov. 7 at the conclusion of that meeting.

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Spanish train maker Talgo in rival deal talks after Hungary-backed bid

Financial Times M&A

Train maker ‘analysing a possible transaction’ from Spanish steelmaker Sidenor

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2 Supercharged Dividend Stocks to Buy Now

The Motley Fool

Investors love passive income. We can use it to pay our bills, fund our vacations, or donate to worthy causes. And if we can earn enough money from our investments to cover all our expenses -- without having to sacrifice too much of our limited time and energy to earn it -- then we truly are free. Here are two passive income-producing dividend stocks that can help you advance your own journey toward financial independence.

Assets 246
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Mubadala Capital sees chance to buy up large private equity stakes

Financial Times M&A

Emirati unit has raised $3.

Stakes 70
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Prediction: Vanguard's Best-Performing ETF in 2024 Will Also Outperform the S&P 500 in 2025

The Motley Fool

Buying an S&P 500 index fund is an excellent way to achieve diversification and bet on the growth of the U.S. economy. However, some investors may prefer to mix in individual stocks and exchange-traded funds (ETFs) to invest in companies they believe can help them achieve their investment objectives -- whether that is fueling their passive income stream, betting on a certain theme or sector, or trying to outperform the S&P 500.

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Prime Capital holds third closing of Prime Green Energy Infrastructure Fund II

Private Equity Wire

Prime Capital AG, the alternative asset specialist, with a focus on Continental Europe and €4.3bn assets under management as well €8.4bn assets under administration, has held the third closing of its Prime Green Energy Infrastructure Fund II (PGEIF II). PGEIF II focuses on renewable energy projects across Europe — Scandinavia, in particular. Total commitments now stand at €313m, with around 45% of that total coming from existing investors and 55% from new limited partners.

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Where Will PayPal Be in 3 Years?

The Motley Fool

Under the guidance of CEO Alex Chriss, who took over the payments company in January, PayPal Holdings (NASDAQ: PYPL) is taking steps to improve the business and boost the company's margins , which have been declining over the past several years. The company is also expanding its business offerings and appealing to small and medium-sized companies. Despite fierce competition in the payment space, PayPal continues to hold its own.

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ACA Group acquires Effect Compliance Group in bid for Middle East expansion

Private Equity Wire

Governance, risk, and compliance (GRC) solutions provider, ACA Group (ACA), has acquired Effecta Compliance Group (Effecta), a regulatory consultancy practice that supports financial service firms throughout the United Kingdom and the United Arab Emirates. The move expands ACA’s Middle East presence, which has a growing GRC market – in 2023, the Dubai Financial Services Authority (DFSA) saw a record-breaking 157 AF applications, marking a 45% increase compared to the prior year and the highest n

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Billionaire Israel Englander Sold 59% of Millennium's Stake in Palantir and Has Opted to Pile Into a Stock Consumers Absolutely Adore

The Motley Fool

Last week, Wall Street kicked off earnings season. This marks a roughly six-week stretch where most S&P 500 companies will lift their proverbial hoods and report their quarterly operating results from the most recent quarter. While these reports help to paint a picture regarding the health of the U.S. economy and stocks, in general, there's another group of data releases that are, arguably, even more important.

Stakes 246
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Goals of Tax Planning

Financial Symmetry

When thinking about preparing tax returns each year, many taxpayers have a binary view about the outcome that looks something like this: Owe Tax: BAD Receive Refund: GOOD While this may be the case if you are living paycheck-to-paycheck and … Continued The post Goals of Tax Planning appeared first on Financial Symmetry, Inc.

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Why Netflix Stock Is Still a Buy

The Motley Fool

Netflix (NASDAQ: NFLX) isn't the stock market darling it once was. While the video streamer was once squarely featured in the FAANG group of fast-growing tech stocks, it's the only one of the group to be left out of the " Magnificent Seven ," one of the current groupings of elite tech stocks. The company suffered a setback as the pandemic wound down -- subscribers briefly dipped and profits fell -- but Netflix has adapted to the new streaming landscape and is thriving once again, even as its leg

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Sanofi deal offers only partial headache relief

Financial Times M&A

The French pharma group does not seem to have extracted a knockout price

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